Settings8H · net · $10k
Funding arb · Price arb /

ORDI

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Alert: funding
Alert: spread
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: Variational Omni against Bybit−0.208%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.208% cheaper against Bybit than usual: you would sell low and buy high, −$21 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ORDIUSDT4.87800.0100pay 0.0050% / 4h1h 06m$4.1M$4.2M50x
ShortVariational Omni ORDI4.86780.0100get 0.0050% / 4h1h 06m$24K$56K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Bybit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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

Profit calculator

Funding earned
$0
Price spread: −0.208% → 0.000%
−$20.82
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$31.82
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 6 min ago; Variational Omni: 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 6 min ago2.05 bp25.9 bp −$2670.9 bp −$709doesn't fitdoesn't fit
Sell Variational Omni no order-book sample
Variational Omni: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ORDI-USD0.0000%1h4.8709−0.146%$33K$6515xas long as short
Injective ORDI/USDC PERP+0.0033%1h4.5550−6.622%$776$20K5.5xas long as short
Hyperliquid ORDI+0.0100%1h4.8897+0.240%$711K$649K3xas long as short
Aster ORDIUSDT+0.0100%4h4.8789+0.018%$4K$416K5xas long as short
Binance ORDIUSDT+0.0100%4h4.8840+0.123%$10.0M$31.0M50xas long as short
Bybit ORDIUSDTlong+0.0100%4h4.8780long leg$4.1M$4.2M50x
OKX ORDI-USDT-SWAP+0.0100%4h4.8790+0.021%$5.3M$16.4M20xas long as short
Gate ORDI_USDT+0.0100%4h4.8760−0.041%$1.3M$2.8M50xas long as short
MEXC ORDI_USDT+0.0100%4h4.8810+0.062%$7.0M$3.3M200xas long as short
KuCoin ORDIUSDTM+0.0100%4h4.8756−0.049%$933K$827K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ORDIUSDT+0.0100%4h4.8820+0.082%$2.9M$3.0M50xas long as short
BingX ORDI-USDC+0.0100%4h4.8760−0.041%$2.3Mas long as short
Variational Omni ORDIshort+0.0100%4h4.8678−0.208%$24K$56K
SunX ORDI-USDT+0.0100%4h4.8700−0.164%$1K$1.2M20xas long as short
HTX ORDI-USDT+0.0100%4h4.8700−0.164%$89K$362K75xas long as short
Extended ORDI-USD+0.0104%1h4.8816+0.074%$5K$172K5xas long as short
BloFin ORDI-USDT+0.0134%4h4.8790+0.021%$604K$309K75xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0239% / S −0.3359%1h4.8775−0.011%$8K100xas long as short
Kraken Futures PF_ORDIUSD+0.2946%1h4.8899+0.243%$66K$42K25xas long as short