Settings8H · net · $10k
Funding arb · Price arb /

ORDI

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Variational Omni against OKX+0.176%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.176% dearer against OKX than usual: you sell high and buy low, +$18 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ORDI-USDT-SWAP4.88600.0100pay 0.0050% / 4h2h 17m$5.3M$17.5M20x
ShortVariational Omni ORDI4.89460.0100get 0.0050% / 4h2h 17m$24K$56K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against OKX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.176% → 0.000%
$17.59
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$7.59
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: OKX: live order book, just now; Variational Omni: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, just now1.02 bp12.4 bp −$1239.1 bp −$391doesn't fitdoesn't fit
Sell Variational Omni no order-book sample
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ORDI on 18 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ORDI-USD0.0000%1h4.8923+0.129%$34K$6515xas long as short
Injective ORDI/USDC PERP+0.0033%1h4.5550−6.774%$776$20K5.5xas long as short
Hyperliquid ORDI+0.0100%1h4.8976+0.237%$707K$660K3xas long as short
Aster ORDIUSDT+0.0100%4h4.8963+0.211%$8K$426K5xas long as short
Binance ORDIUSDT+0.0100%4h4.8903+0.087%$10.0M$33.2M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.88600.000%$4.2M$4.6M50xas long as short
OKX ORDI-USDT-SWAPlong+0.0100%4h4.8860long leg$5.3M$17.5M20x
Gate ORDI_USDT+0.0100%4h4.8910+0.102%$1.3M$2.7M50xas long as short
MEXC ORDI_USDT+0.0100%4h4.8960+0.205%$7.1M$3.5M200xas long as short
KuCoin ORDIUSDTM+0.0100%4h4.8947+0.178%$934K$877K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ORDIUSDT+0.0100%4h4.8870+0.020%$2.9M$3.5M50xas long as short
BingX ORDI-USDT+0.0100%4h4.8980+0.246%$27.1Mas long as short
Variational Omni ORDIshort+0.0100%4h4.8946+0.176%$24K$56K
SunX ORDI-USDT+0.0100%4h4.8940+0.164%$1K$1.2M20xas long as short
HTX ORDI-USDT+0.0100%4h4.8950+0.184%$79K$383K75xas long as short
Extended ORDI-USD+0.0104%1h4.8889+0.060%$3K$194K5xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0239% / S −0.3359%1h4.8945+0.173%$8K100xas long as short
Kraken Futures PF_ORDIUSD+0.3055%1h4.8952+0.188%$72K$47K25xas long as short