Funding you earn now, next payment 21:00 UTC+0.3255%/8h= +356.4% APRnext payment +$4.07 per $10,000 · paid last 24h +0.250%
Price spread now: GMX against Extended−0.011%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$98 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ORDI-USD | 4.9083 | 0.0104 | pay 0.0013% / 1h | 31m 01s | $5K | $172K | 5x |
| Short | GMX ORDI/USD [WBTC.b-USDC] | 4.9077 | L +0.0239% / S −0.3359% | get 0.0420% / 1h | 31m 01s | $8K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Extended. 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
- $683.45
- Price spread: −0.011% → 0.000%
- −$1.07
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $665.38
- Costs to cover
- 0.170%
- Break-even
- 0.2 days
Slippage unknown: Extended: live order book, 15 min ago; GMX: 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 Extended live order book, 15 min ago | 2.77 bp | 16.6 bp −$17 | 140.1 bp −$1,401 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ORDI-USD | 0.0000% | 1h | 4.9054 | −0.058% | $34K | $651 | 5x | as long as short |
| Gate ORDI_USDT | +0.0028% | 4h | 4.9030 | −0.107% | $1.3M | $2.7M | 50x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −7.197% | $776 | $20K | 5.5x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9079 | −0.008% | $5K | $416K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9100 | +0.035% | $10.1M | $30.2M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.9020 | −0.127% | $4.1M | $4.0M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9030 | −0.107% | $5.4M | $16.1M | 20x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.9080 | −0.005% | $7.1M | $3.2M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.9040 | −0.087% | $914K | $821K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.9080 | −0.005% | $2.9M | $2.9M | 50x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ORDI-USDT | +0.0100% | 4h | 4.9040 | −0.087% | — | $24.5M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8906 | −0.360% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.9000 | −0.168% | $2K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.9040 | −0.087% | $85K | $352K | 75x | as long as short |
| Extended ORDI-USDlong | +0.0104% | 1h | 4.9083 | long leg | $5K | $172K | 5x | |
| BloFin ORDI-USDT | +0.0148% | 4h | 4.9050 | −0.066% | $616K | $287K | 75x | as long as short |
| Hyperliquid ORDI | +0.0235% | 1h | 4.9145 | +0.127% | $911K | $534K | 3x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC]short | L +0.0239% / S −0.3359% | 1h | 4.9077 | −0.011% | $8K | — | 100x | |
| Kraken Futures PF_ORDIUSD | +0.0568% | 1h | 4.9200 | +0.239% | $66K | $42K | 25x | as long as short |
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]
Gate ORDI_USDT
Injective ORDI/USDC PERP
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
MEXC ORDI_USDT
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
BloFin ORDI-USDT
Hyperliquid ORDI
Kraken Futures PF_ORDIUSD