ORDI

Alert

Funding spread now, next payment 17:00 UTC+0.1579%/8h

paid, last 24h+0.107%paid, last 3 days+0.200%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 3 days it paid 0.200% in total (about 25.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX ORDI-USDT	5.1220	0.0100	pay 0.0050% / 4h	3h 39m	$2K	$1.1M	20x
Short	GMX ORDI/USD [WBTC.b-USDC]	5.1033	L +0.0241% / S −0.1679%	get 0.0210% / 1h	39m 49s	$9K	—	100x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee SunXbpFee GMXbpOrdersRate

Funding earned: $331.51
Slippage, 4 orders: no order book: not counted
Fee SunX: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $309.51
Break-even: 0.5 days

Slippage unknown: SunX: live order book, 10 min ago; GMX: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: −0.365%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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, 10 min ago	502.51 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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 19 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
dYdX ORDI-USD	0.0000%	1h	$35K	$651	5x	as long as short
Injective ORDI/USDC PERP	+0.0033%	1h	$776	$73K	5.5x	as long as short
BloFin ORDI-USDT	+0.0061%	4h	$648K	$314K	75x	as long as short
Hyperliquid ORDI	+0.0100%	1h	$692K	$343K	3x	as long as short
Aster ORDIUSDT	+0.0100%	4h	$9K	$356K	5x	as long as short
Binance ORDIUSDT	+0.0100%	4h	$10.5M	$24.9M	50x	as long as short
Bybit ORDIUSDT	+0.0100%	4h	$4.4M	$3.4M	50x	as long as short
OKX ORDI-USDT-SWAP	+0.0100%	4h	$6.0M	$13.8M	20x	as long as short
Gate ORDI_USDT	+0.0100%	4h	$1.3M	$2.3M	50x	as long as short
MEXC ORDI_USDT	+0.0100%	4h	$7.6M	$3.0M	200x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
KuCoin ORDIUSDTM	+0.0100%	4h	$965K	$661K	50x	as long as short
Bitget ORDIUSDT	+0.0100%	4h	$3.0M	$2.6M	50x	as long as short
BingX ORDI-USDT	+0.0100%	4h	—	$26.9M	—	as long as short
Variational Omni ORDI	+0.0100%	4h	$30K	$53K	—	as long as short
SunX ORDI-USDTlong	+0.0100%	4h	$2K	$1.1M	20x
HTX ORDI-USDT	+0.0100%	4h	$88K	$311K	75x	as long as short
Extended ORDI-USD	+0.0104%	1h	$5K	$172K	5x	as long as short
GMX ORDI/USD [WBTC.b-USDC]short	L +0.0241% / S −0.1679%	1h	$9K	—	100x
Kraken Futures PF_ORDIUSD	+0.1400%	1h	$70K	$23K	25x	as long as short