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

ORDI

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Variational Omni+0.242%7-day average · you sell dearer than you buy
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 · Extended: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.242% dearer against Variational Omni than usual: you sell high and buy low, +$24 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ORDI4.89670.0100pay 0.0050% / 4h1h 47m$29K$39K
ShortExtended ORDI-USD4.90860.0104get 0.0013% / 1h47m 22s$7K$184K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: +0.242% → 0.000%
$24.22
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$20.06
Costs to cover
0.050%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; Extended: live order book, 59 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 Extended live order book, 59 min ago3.39 bp17.3 bp −$17132.7 bp −$1,327doesn'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−0.0541%1h4.9055+0.179%$70K$47K25xas long as short
Gate ORDI_USDT−0.0044%4h4.9040+0.149%$1.3M$2.7M50xas long as short
dYdX ORDI-USD0.0000%1h4.9041+0.152%$34K$5775xas long as short
Injective ORDI/USDC PERP+0.0033%1h4.5550−6.978%$776$20K5.5xas long as short
BloFin ORDI-USDT+0.0073%4h4.9110+0.292%$603K$315K75xas long as short
Hyperliquid ORDI+0.0100%1h4.9129+0.331%$708K$667K3xas long as short
Aster ORDIUSDT+0.0100%4h4.9095+0.262%$3K$432K5xas long as short
Binance ORDIUSDT+0.0100%4h4.9059+0.188%$10.0M$34.7M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.9040+0.149%$4.1M$4.8M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.9020+0.108%$5.2M$18.3M20xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ORDI_USDT+0.0100%4h4.9060+0.190%$6.6M$3.3M200xas long as short
KuCoin ORDIUSDTM+0.0100%4h4.9051+0.172%$996K$829K50xas long as short
Bitget ORDIUSDT+0.0100%4h4.9070+0.211%$2.9M$3.5M50xas long as short
BingX ORDI-USDT+0.0100%4h4.9060+0.190%$26.9Mas long as short
Variational Omni ORDIlong+0.0100%4h4.8967long leg$29K$39K
SunX ORDI-USDT+0.0100%4h4.9020+0.108%$1K$1.2M20xas long as short
HTX ORDI-USDT+0.0100%4h4.9070+0.211%$85K$438K75xas long as short
Extended ORDI-USDshort+0.0104%1h4.9086+0.242%$7K$184K5x
GMX ORDI/USD [WBTC.b-USDC]L +0.0240% / S −0.3359%1h4.9011+0.089%$8K100xas long as short