ORDI

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.16 per $10,000 · paid last 24h −0.015%

Price spread now: KuCoin against BloFin−0.043%7-day average −0.047% · you buy dearer than you sell

Net, funding: paid 7d − costs−$78as in the Funding arb table

Net, price: spread back to 7d avg − costs−$76as in the Price arb table

costs, in and out, $10k−$760.763% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.014%−$1 on $10k

Price spread, last 3 days (all we have)−0.029%−$3 · spread now −0.043%, 7d avg −0.047%

Together, before fees−0.043%−$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.047%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ORDI-USDT	4.8650	0.0132	pay 0.0066% / 4h	12m 49s	$606K	$308K	75x
Short	KuCoin ORDIUSDTM	4.8629	0.0100	get 0.0050% / 4h	12m 49s	$933K	$810K	50x

Funding history

latest

Range statsloading…

KuCoin against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee BloFinbpFee KuCoinbpOrdersPrice spread, now −0.043%Rate

Slippage from BloFin: live order book, 64 min ago; KuCoin: live order book, 56 min ago.

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, 64 min ago	1.03 bp	15.4 bp −$15	44.2 bp −$442	doesn't fit	doesn't fit
Sell KuCoin live order book, 56 min ago	6.76 bp	19.4 bp −$19	543.4 bp −$5,434	doesn't fit	doesn't fit

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	4.8571	−0.162%	$33K	$651	5x	as long as short
Injective ORDI/USDC PERP	+0.0033%	1h	4.5550	−6.372%	$776	$20K	5.5x	as long as short
Hyperliquid ORDI	+0.0100%	1h	4.8706	+0.115%	$708K	$652K	3x	as long as short
Aster ORDIUSDT	+0.0100%	4h	4.8645	−0.011%	$4K	$419K	5x	as long as short
Binance ORDIUSDT	+0.0100%	4h	4.8640	−0.021%	$10.0M	$31.3M	50x	as long as short
Bybit ORDIUSDT	+0.0100%	4h	4.8590	−0.123%	$4.1M	$4.2M	50x	as long as short
OKX ORDI-USDT-SWAP	+0.0100%	4h	4.8590	−0.123%	$5.3M	$16.5M	20x	as long as short
Gate ORDI_USDT	+0.0100%	4h	4.8610	−0.082%	$1.3M	$2.8M	50x	as long as short
MEXC ORDI_USDT	+0.0100%	4h	4.8620	−0.062%	$7.0M	$3.3M	200x	as long as short
KuCoin ORDIUSDTMshort	+0.0100%	4h	4.8629	−0.043%	$933K	$810K	50x

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ORDIUSDT	+0.0100%	4h	4.8630	−0.041%	$2.9M	$3.0M	50x	as long as short
BingX ORDI-USDT	+0.0100%	4h	4.8610	−0.082%	—	$24.3M	—	as long as short
Variational Omni ORDI	+0.0100%	4h	4.8588	−0.128%	$24K	$56K	—	as long as short
SunX ORDI-USDT	+0.0100%	4h	4.8570	−0.164%	$1K	$1.2M	20x	as long as short
HTX ORDI-USDT	+0.0100%	4h	4.8570	−0.164%	$88K	$355K	75x	as long as short
Extended ORDI-USD	+0.0104%	1h	4.8616	−0.070%	$5K	$172K	5x	as long as short
BloFin ORDI-USDTlong	+0.0132%	4h	4.8650	long leg	$606K	$308K	75x
GMX ORDI/USD [WBTC.b-USDC]	L +0.0239% / S −0.3359%	1h	4.8586	−0.131%	$8K	—	100x	as long as short
Kraken Futures PF_ORDIUSD	+0.3039%	1h	4.8751	+0.208%	$65K	$43K	25x	as long as short