After costs, if the gap returns to its 7d average, $10k−$69
spread now−0.081%7d average−0.062%fees + slippage, in and out−$67spread needed0.673%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ORDIUSDT | 4.9110 | 0.0100 | pay 0.0050% / 4h | 1h 47m | $10.0M | $29.3M | 50x |
| Short | HTX ORDI-USDT | 4.9070 | 0.0100 | get 0.0050% / 4h | 1h 47m | $85K | $347K | 75x |
Binance ORDIUSDT
HTX ORDI-USDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$8.14
- Funding while held
- $0
- Slippage, 4 orders
- −$45.25
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$75.4
- Spread needed to break even
- 0.673%
Slippage from Binance: live order book, 11 min ago; HTX: live order book, 33 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- Average in range /8h
- —
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, 11 min ago | 1.03 bp | 12.8 bp −$13 | 30.6 bp −$306 | doesn't fit | doesn't fit |
| Sell HTX live order book, 33 min ago | 3.04 bp | 28.2 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
ORDI price on every exchange
against the cheapest. Click to use as the short leg.Injective4.5550cheapest
SunX4.9000+7.574%Variational Omni4.9011+7.599%dYdX4.9030+7.640%Bybit4.9030+7.640%Gate4.9030+7.640%Bitget4.9050+7.684%KuCoin4.9054+7.693%OKX4.9070+7.728%
Injective
SunX
Variational Omni
dYdX
Bybit
Gate
Bitget
KuCoin
OKXHTX4.9070+7.728%
Aster4.9076+7.740%Kraken Futures4.9077+7.743%Extended4.9079+7.748%MEXC4.9080+7.750%BingX4.9080+7.750%GMX4.9089+7.770%
Aster
Kraken Futures
Extended
MEXC
BingX
GMXBinance4.9110+7.816%
BloFin4.9110+7.816%Hyperliquid4.9162+7.930%
BloFin
HyperliquidORDI on 19 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ORDI/USDC PERP | −7.249% | +0.0033% | 1h | $776 | $20K | 5.5x | as long as short |
| SunX ORDI-USDT | −0.224% | +0.0100% | 4h | $2K | $1.2M | 20x | as long as short |
| Variational Omni ORDI | −0.201% | +0.0100% | 4h | $24K | $58K | — | as long as short |
| dYdX ORDI-USD | −0.163% | 0.0000% | 1h | $34K | $651 | 5x | as long as short |
| Bybit ORDIUSDT | −0.163% | +0.0100% | 4h | $4.1M | $3.8M | 50x | as long as short |
| Gate ORDI_USDT | −0.163% | +0.0012% | 4h | $1.3M | $2.6M | 50x | as long as short |
| Bitget ORDIUSDT | −0.122% | +0.0100% | 4h | $2.9M | $2.8M | 50x | as long as short |
| KuCoin ORDIUSDTM | −0.114% | +0.0100% | 4h | $898K | $798K | 50x | as long as short |
| OKX ORDI-USDT-SWAP | −0.081% | +0.0100% | 4h | $5.4M | $16.0M | 20x | as long as short |
| HTX ORDI-USDTshort | −0.081% | +0.0100% | 4h | $85K | $347K | 75x |
Show all 19 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster ORDIUSDT | −0.070% | +0.0100% | 4h | $17K | $404K | 5x | as long as short |
| Kraken Futures PF_ORDIUSD | −0.067% | +0.0195% | 1h | $65K | $35K | 25x | as long as short |
| Extended ORDI-USD | −0.063% | +0.0104% | 1h | $5K | $172K | 5x | as long as short |
| MEXC ORDI_USDT | −0.061% | +0.0100% | 4h | $6.7M | $3.1M | 200x | as long as short |
| BingX ORDI-USDC | −0.061% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | −0.042% | L +0.0239% / S −0.3359% | 1h | $8K | — | 100x | as long as short |
| Binance ORDIUSDTlong | 0.000% | +0.0100% | 4h | $10.0M | $29.3M | 50x | |
| BloFin ORDI-USDT | 0.000% | +0.0145% | 4h | $629K | $299K | 75x | as long as short |
| Hyperliquid ORDI | +0.106% | +0.0100% | 1h | $912K | $532K | 3x | as long as short |