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

ORDI

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0087%/8h= +9.6% APRpaid last 24h +0.046%
Price spread now: BloFin against dYdX+0.255%7-day average · you sell dearer than you buy
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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BloFin is 0.255% dearer against dYdX than usual: you sell high and buy low: +$25 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX ORDI-USD4.88060get 0.0000% / 1h3m 01s$33K$5775x
ShortBloFin ORDI-USDT4.89300.0087get 0.0044% / 4h3m 01s$594K$309K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against dYdX. 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
$18.36
Price spread: +0.255% → 0.000%
$25.46
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$21.83
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: dYdX: no order-book sample; BloFin: live order book, 13 min ago. 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 dYdX no order-book sample
Sell BloFin live order book, 13 min ago3.07 bp13.2 bp −$1325.4 bp −$254doesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ORDIUSD−0.0304%1h4.8825+0.040%$69K$43K25xas long as short
dYdX ORDI-USDlong0.0000%1h4.8806long leg$33K$5775x
Injective ORDI/USDC PERP+0.0033%1h4.5550−6.671%$776$20K5.5xas long as short
Gate ORDI_USDT+0.0064%4h4.8820+0.029%$1.2M$2.7M50xas long as short
BloFin ORDI-USDTshort+0.0087%4h4.8930+0.255%$594K$309K75x
Hyperliquid ORDI+0.0100%1h4.8987+0.371%$706K$668K3xas long as short
Aster ORDIUSDT+0.0100%4h4.8860+0.111%$10K$347K5xas long as short
Binance ORDIUSDT+0.0100%4h4.8910+0.214%$10.0M$33.8M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.8760−0.094%$4.1M$4.5M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.8900+0.193%$5.2M$17.8M20xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ORDI_USDT+0.0100%4h4.8880+0.152%$6.6M$3.3M200xas long as short
KuCoin ORDIUSDTM+0.0100%4h4.8823+0.035%$1.0M$793K50xas long as short
Bitget ORDIUSDT+0.0100%4h4.8890+0.173%$2.8M$3.5M50xas long as short
BingX ORDI-USDC+0.0100%4h4.8820+0.029%$2.3Mas long as short
Variational Omni ORDI+0.0100%4h4.8763−0.087%$26K$32Kas long as short
SunX ORDI-USDT+0.0100%4h4.8770−0.073%$1K$1.2M20xas long as short
HTX ORDI-USDT+0.0100%4h4.8790−0.032%$85K$338K75xas long as short
Extended ORDI-USD+0.0104%1h4.8857+0.106%$2K$222K5xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0239% / S −0.3359%1h4.8848+0.086%$8K100xas long as short