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

ORDI

all ORDI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: MEXC against dYdX+0.107%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 5 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 MEXC is 0.107% dearer against dYdX than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX ORDI-USD4.84380get 0.0000% / 1h2m 34s$33K$6515x
ShortMEXC ORDI_USDT4.84900.0100get 0.0050% / 4h1h 02m$6.8M$3.4M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$21
Price spread: +0.107% → 0.000%
$10.67
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee MEXC: 0 bp × 2 orders
$0
Net
$21.67
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: dYdX: no order-book sample; MEXC: live order book, 5 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 MEXC live order book, 5 min ago1.03 bp4.8 bp −$510.0 bp −$10049.1 bp −$4,907103.5 bp −$51.7K
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−0.0353%1h4.8469+0.063%$71K$45K25xas long as short
dYdX ORDI-USDlong0.0000%1h4.8438long leg$33K$6515x
Injective ORDI/USDC PERP+0.0033%1h4.5550−5.963%$776$20K5.5xas long as short
Aster ORDIUSDT+0.0100%4h4.8513+0.155%$14K$429K5xas long as short
Binance ORDIUSDT+0.0100%4h4.8500+0.127%$9.9M$33.7M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.8480+0.086%$4.2M$4.6M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.8460+0.045%$5.2M$17.4M20xas long as short
Gate ORDI_USDT+0.0100%4h4.8480+0.086%$1.3M$2.8M50xas long as short
MEXC ORDI_USDTshort+0.0100%4h4.8490+0.107%$6.8M$3.4M200x
KuCoin ORDIUSDTM+0.0100%4h4.8486+0.098%$969K$880K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ORDIUSDT+0.0100%4h4.8480+0.086%$2.9M$3.5M50xas long as short
BingX ORDI-USDT+0.0100%4h4.8460+0.045%$27.0Mas long as short
Variational Omni ORDI+0.0100%4h4.8436−0.006%$24K$55Kas long as short
SunX ORDI-USDT+0.0100%4h4.8420−0.038%$1K$1.2M20xas long as short
HTX ORDI-USDT+0.0100%4h4.8430−0.017%$80K$395K75xas long as short
Extended ORDI-USD+0.0104%1h4.8478+0.082%$5K$190K5xas long as short
BloFin ORDI-USDT+0.0150%4h4.8500+0.127%$608K$303K75xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0239% / S −0.3359%1h4.8478+0.082%$8K100xas long as short
Hyperliquid ORDI+0.0292%1h4.8586+0.305%$699K$662K3xas long as short