Funding you earn now, next payment 03:00 UTC−0.0150%/8h= −16.5% APRpaid last 24h −0.042%
Price spread now: dYdX against BloFin−0.127%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and dYdX is 0.127% cheaper against BloFin than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ORDI-USDT | 4.8500 | 0.0150 | pay 0.0075% / 4h | 1h 03m | $608K | $303K | 75x |
| Short | dYdX ORDI-USD | 4.8438 | 0 | get 0.0000% / 1h | 3m 00s | $33K | $651 | 5x |
BloFin ORDI-USDT
dYdX ORDI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against BloFin. 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
- −$31.6
- Price spread: −0.127% → 0.000%
- −$12.72
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$66.32
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 37 min ago; dYdX: no order-book sample. Net counts fees only.
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 BloFin live order book, 37 min ago | 2.05 bp | 18.6 bp −$19 | 46.2 bp −$462 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ORDIUSD | −0.0353% | 1h | 4.8469 | −0.064% | $71K | $45K | 25x | as long as short |
| dYdX ORDI-USDshort | 0.0000% | 1h | 4.8438 | −0.127% | $33K | $651 | 5x | |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.082% | $776 | $20K | 5.5x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8513 | +0.028% | $14K | $429K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8521 | +0.043% | $9.9M | $33.7M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8480 | −0.041% | $4.2M | $4.6M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8480 | −0.041% | $5.2M | $17.4M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8490 | −0.021% | $1.3M | $2.8M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8530 | +0.062% | $6.8M | $3.4M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8486 | −0.029% | $969K | $880K | 50x | as long as short |
Kraken Futures PF_ORDIUSD
Injective ORDI/USDC PERP
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
MEXC ORDI_USDT
KuCoin ORDIUSDTMShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8490 | −0.021% | $2.9M | $3.5M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.8470 | −0.062% | — | $27.0M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8436 | −0.133% | $24K | $55K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8420 | −0.165% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8430 | −0.144% | $80K | $395K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8505 | +0.010% | $5K | $190K | 5x | as long as short |
| BloFin ORDI-USDTlong | +0.0150% | 4h | 4.8500 | long leg | $608K | $303K | 75x | |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8478 | −0.046% | $8K | — | 100x | as long as short |
| Hyperliquid ORDI | +0.0291% | 1h | 4.8581 | +0.167% | $699K | $662K | 3x | as long as short |
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]
Hyperliquid ORDI