Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against SunX+0.125%50s7-day average +0.161% · you sell dearer than you buy
Net, funding: paid 7d − costs−$168as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1681.675% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.001%$0 · spread now +0.125%, 7d avg +0.161%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.036% cheaper against SunX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.161%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ORDI-USDT | 4.8050 | 0.0100 | pay 0.0050% / 4h | 1h 51m | $1K | $1.1M | 20x |
| Short | Bitget ORDIUSDT | 4.8110 | 0.0100 | get 0.0050% / 4h | 1h 51m | $2.8M | $3.4M | 50x |
SunX ORDI-USDT
Bitget ORDIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against SunX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.125% → +0.161%
- −$3.59
- Slippage, 4 orders
- −$147.53
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$171.12
- Costs to cover
- 1.675%
- Break-even
- never at this rate
Slippage from SunX: live order book, 5 min ago; Bitget: live order book, 4 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy SunX live order book, 5 min ago | 31.09 bp | 79.8 bp −$80 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 3.11 bp | 15.5 bp −$16 | 27.5 bp −$275 | doesn't fit | doesn't fit |
ORDI on 19 exchanges
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ORDIUSD | −0.1165% | 1h | 4.8007 | −0.089% | $68K | $43K | 25x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8063 | +0.026% | $33K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −5.203% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8183 | +0.277% | $695K | $640K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8111 | +0.128% | $10K | $258K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8128 | +0.163% | $9.8M | $32.2M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8080 | +0.062% | $4.0M | $4.2M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8090 | +0.083% | $5.0M | $17.2M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8070 | +0.042% | $1.2M | $2.6M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8090 | +0.083% | $6.7M | $2.9M | 200x | as long as short |
Kraken Futures PF_ORDIUSD
dYdX ORDI-USD
Injective ORDI/USDC PERP
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
MEXC ORDI_USDTShow all 19 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8100 | +0.104% | $1.0M | $746K | 50x | as long as short |
| Bitget ORDIUSDTshort | +0.0100% | 4h | 4.8110 | +0.125% | $2.8M | $3.4M | 50x | |
| BingX ORDI-USDC | +0.0100% | 4h | 4.8160 | +0.229% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8238 | +0.391% | $25K | $33K | — | as long as short |
| SunX ORDI-USDTlong | +0.0100% | 4h | 4.8050 | long leg | $1K | $1.1M | 20x | |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8090 | +0.083% | $83K | $349K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8083 | +0.069% | $4K | $224K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0109% | 4h | 4.8210 | +0.333% | $582K | $284K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0238% / S −0.3359% | 1h | 4.8109 | +0.123% | $8K | — | 100x | as long as short |
KuCoin ORDIUSDTM
BingX ORDI-USDC
Variational Omni ORDI
HTX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]