Funding you earn now, next payment 08:00 UTC−0.0354%/8h= −38.8% APRpaid last 24h +0.174%
Price spread now: Kraken Futures against BloFin+0.005%57s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.690%−$69 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$11 a day on $10k at the current rate. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ORDI-USDT | 4.8950 | 0.0051 | pay 0.0025% / 4h | 47m 25s | $597K | $304K | 75x |
| Short | Kraken Futures PF_ORDIUSD | 4.8952 | −0.0303 | pay 0.0038% / 1h | 47m 25s | $70K | $43K | 25x |
BloFin ORDI-USDT
Kraken Futures PF_ORDIUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$74.39
- Price spread: +0.005% → 0.000%
- $0.46
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$95.93
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 34 min ago; Kraken Futures: 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, 34 min ago | 1.02 bp | 12.5 bp −$13 | 22.1 bp −$221 | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: 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_ORDIUSDshort | −0.0303% | 1h | 4.8952 | +0.005% | $70K | $43K | 25x | |
| Gate ORDI_USDT | −0.0058% | 4h | 4.8980 | +0.061% | $1.2M | $2.7M | 50x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8981 | +0.063% | $34K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.946% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDTlong | +0.0051% | 4h | 4.8950 | long leg | $597K | $304K | 75x | |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9109 | +0.325% | $710K | $666K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9033 | +0.170% | $4K | $418K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9050 | +0.204% | $10.0M | $34.0M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8990 | +0.082% | $4.1M | $4.6M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9000 | +0.102% | $5.2M | $17.8M | 20x | as long as short |
Gate ORDI_USDT
dYdX ORDI-USD
Injective ORDI/USDC PERP
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAPShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ORDI_USDT | +0.0100% | 4h | 4.9040 | +0.184% | $6.6M | $3.2M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.9000 | +0.102% | $988K | $789K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.9020 | +0.143% | $2.8M | $3.5M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.8850 | −0.204% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8720 | −0.469% | $26K | $33K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8920 | −0.061% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8990 | +0.082% | $85K | $385K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.9035 | +0.173% | $5K | $200K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0240% / S −0.3359% | 1h | 4.9011 | +0.124% | $8K | — | 100x | as long as short |
MEXC ORDI_USDT
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDC
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]