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

ORDI

all ORDI markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against SunX−0.021%7-day average +0.113% · you buy dearer than you sell
Net, funding: paid 7d − costs−$173as in the Funding arb table
Net, price: spread back to 7d avg − costs−$186as in the Price arb table
costs, in and out, $10k−$1731.727% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 3 days (all we have)+0.082%+$8 · spread now −0.021%, 7d avg +0.113%
Together, before fees+0.082%+$8 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.133% cheaper against SunX than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.113%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ORDI-USDT4.87200.0100pay 0.0050% / 4h36m 06s$2K$1.2M20x
ShortHTX ORDI-USDT4.87100.0100get 0.0050% / 4h36m 06s$89K$355K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
Price spread: −0.021% → +0.113%
−$13.33
Slippage, 4 orders
−$152.68
Fee SunX: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$186.01
Costs to cover
1.727%
Break-even
never at this rate
Slippage from SunX: live order book, 7 min ago; HTX: live order book, 42 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, 7 min ago30.67 bp79.1 bp −$79doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 42 min ago9.28 bp28.4 bp −$28doesn't fitdoesn'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
dYdX ORDI-USD0.0000%1h4.8764+0.091%$33K$6515xas long as short
Injective ORDI/USDC PERP+0.0033%1h4.5550−6.507%$776$20K5.5xas long as short
Hyperliquid ORDI+0.0100%1h4.8853+0.273%$710K$651K3xas long as short
Aster ORDIUSDT+0.0100%4h4.8789+0.142%$4K$418K5xas long as short
Binance ORDIUSDT+0.0100%4h4.8811+0.187%$10.0M$31.2M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.8730+0.021%$4.1M$4.2M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.8750+0.062%$5.3M$16.5M20xas long as short
Gate ORDI_USDT+0.0100%4h4.8760+0.082%$1.3M$2.8M50xas long as short
MEXC ORDI_USDT+0.0100%4h4.8790+0.144%$7.0M$3.3M200xas long as short
KuCoin ORDIUSDTM+0.0100%4h4.8741+0.043%$935K$818K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ORDIUSDT+0.0100%4h4.8780+0.123%$2.9M$3.0M50xas long as short
BingX ORDI-USDC+0.0100%4h4.8770+0.103%$2.3Mas long as short
Variational Omni ORDI+0.0100%4h4.8724+0.009%$24K$56Kas long as short
SunX ORDI-USDTlong+0.0100%4h4.8720long leg$2K$1.2M20x
HTX ORDI-USDTshort+0.0100%4h4.8710−0.021%$89K$355K75x
Extended ORDI-USD+0.0104%1h4.8770+0.104%$5K$172K5xas long as short
BloFin ORDI-USDT+0.0131%4h4.8770+0.103%$609K$308K75xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0239% / S −0.3359%1h4.8743+0.047%$8K100xas long as short
Kraken Futures PF_ORDIUSD+0.3030%1h4.8896+0.361%$66K$43K25xas long as short