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

ORDI

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Alert: funding
Alert: spread
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: Bybit against Variational Omni−0.004%7-day average · you buy dearer than you sell
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 4 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
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ORDI4.83620.0100pay 0.0050% / 4h3h 29m$25K$33K
ShortBybit ORDIUSDT4.83600.0100get 0.0050% / 4h3h 29m$4.1M$4.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Variational Omni. 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: −0.004% → 0.000%
−$0.42
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$11.42
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; Bybit: live order book, 4 min ago. 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 Variational Omni no order-book sample
Sell Bybit live order book, 4 min ago1.03 bp24.8 bp −$2570.3 bp −$703doesn't fitdoesn't fit
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 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−0.0453%1h4.8336−0.055%$69K$43K25xas long as short
dYdX ORDI-USD0.0000%1h4.8372+0.020%$33K$5775xas long as short
Gate ORDI_USDT+0.0028%4h4.8310−0.108%$1.2M$2.6M50xas long as short
Injective ORDI/USDC PERP+0.0033%1h4.5550−5.815%$776$20K5.5xas long as short
Hyperliquid ORDI+0.0100%1h4.8377+0.031%$697K$669K3xas long as short
Aster ORDIUSDT+0.0100%4h4.8413+0.106%$10K$345K5xas long as short
Binance ORDIUSDT+0.0100%4h4.8424+0.127%$9.9M$33.8M50xas long as short
Bybit ORDIUSDTshort+0.0100%4h4.8360−0.004%$4.1M$4.4M50x
OKX ORDI-USDT-SWAP+0.0100%4h4.8400+0.079%$5.1M$17.6M20xas long as short
MEXC ORDI_USDT+0.0100%4h4.8430+0.141%$6.6M$3.2M200xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ORDIUSDTM+0.0100%4h4.8402+0.083%$1.0M$792K50xas long as short
Bitget ORDIUSDT+0.0100%4h4.8330−0.066%$2.8M$3.5M50xas long as short
BingX ORDI-USDC+0.0100%4h4.8350−0.025%$2.3Mas long as short
Variational Omni ORDIlong+0.0100%4h4.8362long leg$25K$33K
SunX ORDI-USDT+0.0100%4h4.8320−0.087%$1K$1.2M20xas long as short
HTX ORDI-USDT+0.0100%4h4.8350−0.025%$86K$344K75xas long as short
Extended ORDI-USD+0.0104%1h4.8400+0.078%$5K$223K5xas long as short
BloFin ORDI-USDT+0.0152%4h4.8440+0.161%$590K$305K75xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0239% / S −0.3359%1h4.8378+0.033%$8K100xas long as short