After costs, if the gap returns to its 7d average, $10k−$60
spread now−0.041%7d average−0.011%fees + slippage, in and out−$57spread needed0.567%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ORDI-USDT | 4.9340 | 0.0100 | pay 0.0050% / 4h | 2h 23m | — | $26.8M | — |
| Short | Gate ORDI_USDT | 4.9320 | −0.0082 | pay 0.0041% / 4h | 2h 23m | $1.3M | $2.6M | 50x |
BingX ORDI-USDT
Gate 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
- −$4.05
- Funding while held
- −$5.46
- Slippage, 4 orders
- −$31.73
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$66.24
- Spread needed to break even
- 0.567%
Slippage from BingX: live order book, 7 min ago; Gate: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0182%
- Per $10,000 a day
- −$5.46
- 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 BingX live order book, 7 min ago | 1.01 bp | 7.6 bp −$8 | 13.9 bp −$139 | 48.4 bp −$4,843 | 383.4 bp −$191.7K |
| Sell Gate live order book, 1 min ago | 2.03 bp | 23.7 bp −$24 | 76.0 bp −$760 | doesn't fit | doesn't fit |
ORDI price on every exchange
against the cheapest. Click to use as the short leg.Injective4.5550cheapest
SunX4.9240+8.101%Bybit4.9260+8.145%HTX4.9310+8.255%
Injective
SunX
Bybit
HTXGate4.9320+8.277%
Kraken Futures4.9329+8.297%KuCoin4.9332+8.303%GMX4.9336+8.312%
Kraken Futures
KuCoin
GMXBingX4.9340+8.321%
Aster4.9353+8.350%dYdX4.9363+8.370%BloFin4.9370+8.386%Bitget4.9380+8.408%Extended4.9389+8.429%OKX4.9390+8.430%Binance4.9394+8.440%MEXC4.9410+8.474%Hyperliquid4.9433+8.525%Variational Omni4.9478+8.623%
Aster
dYdX
BloFin
Bitget
Extended
OKX
Binance
MEXC
Hyperliquid
Variational OmniORDI on 19 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ORDI/USDC PERP | −7.681% | +0.0033% | 1h | $776 | $52K | 5.5x | as long as short |
| SunX ORDI-USDT | −0.203% | +0.0100% | 4h | $1K | $1.1M | 20x | as long as short |
| Bybit ORDIUSDT | −0.162% | +0.0100% | 4h | $4.1M | $3.6M | 50x | as long as short |
| HTX ORDI-USDT | −0.061% | +0.0100% | 4h | $85K | $335K | 75x | as long as short |
| Gate ORDI_USDTshort | −0.041% | −0.0082% | 4h | $1.3M | $2.6M | 50x | |
| Kraken Futures PF_ORDIUSD | −0.021% | +0.0194% | 1h | $65K | $35K | 25x | as long as short |
| KuCoin ORDIUSDTM | −0.016% | +0.0100% | 4h | $906K | $788K | 50x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | −0.008% | L +0.0240% / S −0.3359% | 1h | $8K | — | 100x | as long as short |
| BingX ORDI-USDTlong | 0.000% | +0.0100% | 4h | — | $26.8M | — | |
| Aster ORDIUSDT | +0.027% | +0.0100% | 4h | $7K | $393K | 5x | as long as short |
Show all 19 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| dYdX ORDI-USD | +0.046% | 0.0000% | 1h | $34K | $651 | 5x | as long as short |
| BloFin ORDI-USDT | +0.061% | +0.0103% | 4h | $652K | $296K | 75x | as long as short |
| Bitget ORDIUSDT | +0.081% | +0.0100% | 4h | $2.9M | $2.7M | 50x | as long as short |
| Extended ORDI-USD | +0.100% | +0.0104% | 1h | $5K | $172K | 5x | as long as short |
| OKX ORDI-USDT-SWAP | +0.101% | +0.0100% | 4h | $5.5M | $15.7M | 20x | as long as short |
| Binance ORDIUSDT | +0.110% | +0.0100% | 4h | $10.1M | $28.6M | 50x | as long as short |
| MEXC ORDI_USDT | +0.142% | +0.0100% | 4h | $6.8M | $3.1M | 200x | as long as short |
| Hyperliquid ORDI | +0.188% | +0.0100% | 1h | $920K | $532K | 3x | as long as short |
| Variational Omni ORDI | +0.279% | +0.0100% | 4h | $24K | $58K | — | as long as short |