After costs, if the gap returns to its 7d average, $10k−$58
spread now−0.060%7d average+0.003%fees + slippage, in and out−$52spread needed0.522%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ORDIUSDT | 5.0310 | 0.0100 | pay 0.0050% / 4h | 2h 48m | $10.4M | $28.0M | 50x |
| Short | OKX ORDI-USDT-SWAP | 5.0280 | 0.0100 | get 0.0050% / 4h | 2h 48m | $5.7M | $15.7M | 20x |
Binance ORDIUSDT
OKX ORDI-USDT-SWAPPrice 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
- −$5.96
- Funding while held
- $0
- Slippage, 4 orders
- −$32.2
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$58.17
- Spread needed to break even
- 0.522%
Slippage from Binance: live order book, 9 min ago; OKX: live order book, 1 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, 9 min ago | 1.01 bp | 12.5 bp −$12 | 28.9 bp −$289 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 1.00 bp | 13.3 bp −$13 | 49.4 bp −$494 | doesn't fit | doesn't fit |
ORDI price on every exchange
against the cheapest. Click to use as the short leg.Injective4.5550cheapest
Variational Omni4.9652+9.006%HTX5.0160+10.121%Bitget5.0210+10.231%dYdX5.0216+10.243%Gate5.0220+10.252%KuCoin5.0235+10.285%Bybit5.0240+10.296%MEXC5.0240+10.296%Extended5.0249+10.317%SunX5.0250+10.318%Aster5.0256+10.332%BingX5.0260+10.340%
Injective
Variational Omni
HTX
Bitget
dYdX
Gate
KuCoin
Bybit
MEXC
Extended
SunX
Aster
BingXOKX5.0280+10.384%
GMX5.0300+10.428%Hyperliquid5.0307+10.443%
GMX
HyperliquidBinance5.0310+10.450%
BloFin5.0330+10.494%Kraken Futures5.0361+10.563%
BloFin
Kraken FuturesORDI on 19 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ORDI/USDC PERP | −9.461% | +0.0033% | 1h | $776 | $52K | 5.5x | as long as short |
| Variational Omni ORDI | −1.307% | +0.0100% | 4h | $26K | $56K | — | as long as short |
| HTX ORDI-USDT | −0.298% | +0.0100% | 4h | $86K | $329K | 75x | as long as short |
| Bitget ORDIUSDT | −0.199% | +0.0100% | 4h | $3.0M | $2.7M | 50x | as long as short |
| dYdX ORDI-USD | −0.188% | 0.0000% | 1h | $34K | $651 | 5x | as long as short |
| Gate ORDI_USDT | −0.179% | +0.0100% | 4h | $1.3M | $2.5M | 50x | as long as short |
| KuCoin ORDIUSDTM | −0.149% | +0.0100% | 4h | $925K | $753K | 50x | as long as short |
| Bybit ORDIUSDT | −0.139% | +0.0100% | 4h | $4.2M | $3.6M | 50x | as long as short |
| MEXC ORDI_USDT | −0.139% | +0.0100% | 4h | $7.0M | $3.1M | 200x | as long as short |
| Extended ORDI-USD | −0.120% | +0.0104% | 1h | $5K | $172K | 5x | as long as short |
Show all 19 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX ORDI-USDT | −0.119% | +0.0100% | 4h | $2K | $1.1M | 20x | as long as short |
| Aster ORDIUSDT | −0.107% | +0.0100% | 4h | $9K | $390K | 5x | as long as short |
| BingX ORDI-USDC | −0.099% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| OKX ORDI-USDT-SWAPshort | −0.060% | +0.0100% | 4h | $5.7M | $15.7M | 20x | |
| GMX ORDI/USD [WBTC.b-USDC] | −0.020% | L +0.0240% / S −0.3359% | 1h | $9K | — | 100x | as long as short |
| Hyperliquid ORDI | −0.006% | +0.0144% | 1h | $925K | $504K | 3x | as long as short |
| Binance ORDIUSDTlong | 0.000% | +0.0100% | 4h | $10.4M | $28.0M | 50x | |
| BloFin ORDI-USDT | +0.040% | +0.0083% | 4h | $667K | $301K | 75x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.102% | +0.0190% | 1h | $66K | $35K | 25x | as long as short |