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

ORDI

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against SunX+0.151%7-day average +0.141% · 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−$162as in the Price arb table
costs, in and out, $10k−$1631.627% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.048%−$5 on $10k
Price spread, last 4 days (all we have)−0.085%−$8 · spread now +0.151%, 7d avg +0.141%
Together, before fees−0.133%+ Points / potential airdropExtended: Active · farm board−$13 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ORDI-USDT4.91000.0100pay 0.0050% / 4h2h 01m$1K$1.2M20x
ShortExtended ORDI-USD4.91740.0104get 0.0013% / 1h1m 04s$7K$184K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against SunX. 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
$0.84
Price spread: +0.151% → +0.141%
$1.01
Slippage, 4 orders
−$149.71
Fee SunX: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$160.86
Costs to cover
1.627%
Break-even
1347.5 days
Slippage from SunX: live order book, 2 min ago; Extended: live order book, 45 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 2 min ago30.53 bp78.8 bp −$79doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 45 min ago3.39 bp17.3 bp −$17132.7 bp −$1,327doesn't fitdoesn't fit

ORDI on 19 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
Kraken Futures PF_ORDIUSD−0.0710%1h4.9144+0.089%$70K$47K25xas long as short
Gate ORDI_USDT−0.0022%4h4.9150+0.102%$1.3M$2.8M50xas long as short
dYdX ORDI-USD0.0000%1h4.9161+0.124%$34K$5775xas long as short
Injective ORDI/USDC PERP+0.0033%1h4.5550−7.230%$776$20K5.5xas long as short
BloFin ORDI-USDT+0.0093%4h4.9170+0.143%$597K$315K75xas long as short
Hyperliquid ORDI+0.0100%1h4.9238+0.281%$710K$667K3xas long as short
Aster ORDIUSDT+0.0100%4h4.9186+0.174%$3K$432K5xas long as short
Binance ORDIUSDT+0.0100%4h4.9186+0.174%$10.1M$34.6M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.9140+0.081%$4.1M$4.8M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.9130+0.061%$5.3M$18.3M20xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ORDI_USDT+0.0100%4h4.9180+0.163%$6.6M$3.3M200xas long as short
KuCoin ORDIUSDTM+0.0100%4h4.9192+0.187%$999K$831K50xas long as short
Bitget ORDIUSDT+0.0100%4h4.9170+0.143%$2.9M$3.5M50xas long as short
BingX ORDI-USDT+0.0100%4h4.9170+0.143%$26.9Mas long as short
Variational Omni ORDI+0.0100%4h4.9201+0.206%$29K$39Kas long as short
SunX ORDI-USDTlong+0.0100%4h4.9100long leg$1K$1.2M20x
HTX ORDI-USDT+0.0100%4h4.9120+0.041%$85K$439K75xas long as short
Extended ORDI-USDshort+0.0104%1h4.9174+0.151%$7K$184K5x
GMX ORDI/USD [WBTC.b-USDC]L +0.0240% / S −0.3359%1h4.9143+0.087%$8K100xas long as short