Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Binance−0.023%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$550.548% of the position
Funding, last 7 days+0.005%+$1 on $10k
+Price spread, last 4 days (all we have)−0.033%−$3 · spread now −0.023%, 7d avg −0.040%
=Together, before fees−0.028%+ Points / potential airdropExtended: Active · farm board−$3 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ORDIUSDT | 4.9323 | 0.0100 | pay 0.0050% / 4h | 3h 25m | $10.1M | $31.6M | 50x |
| Short | Extended ORDI-USD | 4.9311 | 0.0104 | get 0.0013% / 1h | 25m 23s | $4K | $220K | 5x |
Binance ORDIUSDT
Extended ORDI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
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: −0.023% → −0.040%
- $1.69
- Slippage, 4 orders
- −$39.75
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$52.22
- Costs to cover
- 0.548%
- Break-even
- 442.2 days
Slippage from Binance: live order book, 1 min ago; Extended: live order book, 46 min ago.
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 Binance live order book, 1 min ago | 1.01 bp | 11.2 bp −$11 | 29.1 bp −$291 | doesn't fit | doesn't fit |
| Sell Extended live order book, 46 min ago | 2.06 bp | 15.5 bp −$15 | 115.8 bp −$1,158 | doesn't fit | doesn't fit |
ORDI on 19 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ORDI-USD | 0.0000% | 1h | 4.9312 | −0.023% | $34K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −7.649% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0042% | 4h | 4.9300 | −0.046% | $604K | $316K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9366 | +0.088% | $716K | $654K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9361 | +0.077% | $5K | $421K | 5x | as long as short |
| Binance ORDIUSDTlong | +0.0100% | 4h | 4.9323 | long leg | $10.1M | $31.6M | 50x | |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.9270 | −0.107% | $4.2M | $4.2M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9280 | −0.087% | $5.4M | $16.7M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.9300 | −0.046% | $1.3M | $2.6M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.9330 | +0.015% | $7.2M | $3.4M | 200x | as long as short |
dYdX ORDI-USD
Injective ORDI/USDC PERP
BloFin ORDI-USDT
Hyperliquid ORDI
Aster ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
MEXC ORDI_USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.9340 | +0.035% | $958K | $805K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.9300 | −0.046% | $2.9M | $3.1M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.9280 | −0.087% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.9302 | −0.042% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.9240 | −0.168% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.9300 | −0.046% | $90K | $348K | 75x | as long as short |
| Extended ORDI-USDshort | +0.0104% | 1h | 4.9311 | −0.023% | $4K | $220K | 5x | |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.9276 | −0.095% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.2937% | 1h | 4.9435 | +0.227% | $66K | $39K | 25x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDC
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD