Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: HTX against Extended−0.025%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$910.912% of the position
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 4 days (all we have)−0.013%−$1 · spread now −0.025%, 7d avg −0.030%
=Together, before fees+0.035%+ Points / potential airdropExtended: Active · farm board+$3 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ORDI-USD | 4.9623 | 0.0104 | pay 0.0013% / 1h | 42m 48s | $3K | $180K | 5x |
| Short | HTX ORDI-USDT | 4.9610 | 0.0100 | get 0.0050% / 4h | 3h 42m | $83K | $410K | 75x |
Extended ORDI-USD
HTX ORDI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$0.84
- Price spread: −0.025% → −0.030%
- $0.44
- Slippage, 4 orders
- −$74.19
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$91.59
- Costs to cover
- 0.912%
- Break-even
- never at this rate
Slippage from Extended: live order book, 8 min ago; HTX: live order book, 11 min ago.
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, 8 min ago | 2.21 bp | 17.4 bp −$17 | 128.1 bp −$1,281 | doesn't fit | doesn't fit |
| Sell HTX live order book, 11 min ago | 14.09 bp | 33.4 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ORDIUSD | −0.0566% | 1h | 4.9604 | −0.038% | $73K | $43K | 25x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.9610 | −0.025% | $34K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −8.207% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0068% | 4h | 4.9650 | +0.055% | $607K | $311K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9590 | −0.066% | $714K | $661K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9658 | +0.071% | $11K | $423K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9619 | −0.007% | $10.1M | $33.8M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.9580 | −0.086% | $4.2M | $4.6M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9540 | −0.166% | $5.3M | $17.8M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.9600 | −0.046% | $1.3M | $2.7M | 50x | as long as short |
Kraken Futures PF_ORDIUSD
dYdX ORDI-USD
Injective ORDI/USDC PERP
BloFin ORDI-USDT
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ORDI_USDT | +0.0100% | 4h | 4.9630 | +0.015% | $6.9M | $3.3M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.9603 | −0.039% | $977K | $854K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.9550 | −0.146% | $2.9M | $3.5M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.9560 | −0.126% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.9611 | −0.023% | $24K | $42K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.9550 | −0.146% | $2K | $1.2M | 20x | as long as short |
| HTX ORDI-USDTshort | +0.0100% | 4h | 4.9610 | −0.025% | $83K | $410K | 75x | |
| Extended ORDI-USDlong | +0.0104% | 1h | 4.9623 | long leg | $3K | $180K | 5x | |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0240% / S −0.3359% | 1h | 4.9621 | −0.004% | $8K | — | 100x | as long as short |
MEXC ORDI_USDT
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDC
Variational Omni ORDI
SunX ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]