Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Bitget−0.081%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$740.742% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 3 days (all we have)+0.014%+$1 · spread now −0.081%, 7d avg −0.043%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.038% cheaper against Bitget than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.043%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ORDIUSDT | 4.9080 | 0.0100 | pay 0.0050% / 4h | 3h 31m | $2.9M | $2.9M | 50x |
| Short | HTX ORDI-USDT | 4.9040 | 0.0100 | get 0.0050% / 4h | 3h 31m | $85K | $352K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Bitget. 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
- Price spread: −0.081% → −0.043%
- −$3.85
- Slippage, 4 orders
- −$50.24
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$78.08
- Costs to cover
- 0.742%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; HTX: live order book, 17 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 Bitget live order book, 2 min ago | 1.02 bp | 16.0 bp −$16 | 33.0 bp −$330 | doesn't fit | doesn't fit |
| Sell HTX live order book, 17 min ago | 9.23 bp | 25.9 bp −$26 | doesn't fit | 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 | 4.9054 | −0.053% | $34K | $651 | 5x | as long as short |
| Gate ORDI_USDT | +0.0028% | 4h | 4.9030 | −0.102% | $1.3M | $2.7M | 50x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −7.192% | $776 | $20K | 5.5x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9079 | −0.003% | $5K | $416K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9100 | +0.040% | $10.1M | $30.2M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.9020 | −0.122% | $4.1M | $4.0M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9030 | −0.102% | $5.4M | $16.1M | 20x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.9080 | 0.000% | $7.1M | $3.2M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.9040 | −0.081% | $914K | $821K | 50x | as long as short |
| Bitget ORDIUSDTlong | +0.0100% | 4h | 4.9080 | long leg | $2.9M | $2.9M | 50x |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ORDI-USDT | +0.0100% | 4h | 4.9040 | −0.081% | — | $24.5M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8906 | −0.355% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.9000 | −0.163% | $2K | $1.2M | 20x | as long as short |
| HTX ORDI-USDTshort | +0.0100% | 4h | 4.9040 | −0.081% | $85K | $352K | 75x | |
| Extended ORDI-USD | +0.0104% | 1h | 4.9083 | +0.005% | $5K | $172K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0148% | 4h | 4.9050 | −0.061% | $616K | $287K | 75x | as long as short |
| Hyperliquid ORDI | +0.0235% | 1h | 4.9145 | +0.132% | $911K | $534K | 3x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.9077 | −0.006% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.0568% | 1h | 4.9200 | +0.244% | $66K | $42K | 25x | as long as short |
Bitget ORDIUSDT
HTX ORDI-USDT
Gate ORDI_USDT
Injective ORDI/USDC PERP
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
MEXC ORDI_USDT
KuCoin ORDIUSDTM
BingX ORDI-USDT
Variational Omni ORDI
SunX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
Hyperliquid ORDI
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD