Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: SunX against Extended−0.104%7-day average −0.140% · you buy dearer than you sell
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$1661.660% of the position
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 4 days (all we have)+0.023%+$2 · spread now −0.104%, 7d avg −0.140%
=Together, before fees+0.072%+ Points / potential airdropExtended: Active · farm board+$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.036% dearer against Extended than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.140%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ORDI-USD | 4.8831 | 0.0104 | pay 0.0013% / 1h | 18m 49s | $5K | $223K | 5x |
| Short | SunX ORDI-USDT | 4.8780 | 0.0100 | get 0.0050% / 4h | 3h 18m | $2K | $1.2M | 20x |
Extended ORDI-USD
SunX ORDI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: −0.104% → −0.140%
- $3.61
- Slippage, 4 orders
- −$152.98
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$163.2
- Costs to cover
- 1.660%
- Break-even
- never at this rate
Slippage from Extended: live order book, 13 min ago; SunX: live order book, 4 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, 13 min ago | 3.52 bp | 19.8 bp −$20 | 158.0 bp −$1,580 | doesn't fit | doesn't fit |
| Sell SunX live order book, 4 min ago | 30.77 bp | 49.7 bp −$50 | 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 | −0.0449% | 1h | 4.8788 | −0.087% | $69K | $43K | 25x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8798 | −0.068% | $33K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.719% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8925 | +0.193% | $705K | $654K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8871 | +0.083% | $10K | $344K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8866 | +0.072% | $9.9M | $33.7M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8810 | −0.043% | $4.1M | $4.4M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8860 | +0.060% | $5.2M | $17.8M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8820 | −0.022% | $1.2M | $2.7M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8860 | +0.060% | $6.8M | $3.2M | 200x | as long as short |
Kraken Futures PF_ORDIUSD
dYdX ORDI-USD
Injective ORDI/USDC PERP
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
MEXC ORDI_USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8843 | +0.025% | $1.0M | $791K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8840 | +0.019% | $2.8M | $3.5M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.8850 | +0.039% | — | $26.9M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8853 | +0.045% | $25K | $33K | — | as long as short |
| SunX ORDI-USDTshort | +0.0100% | 4h | 4.8780 | −0.104% | $2K | $1.2M | 20x | |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8800 | −0.063% | $87K | $343K | 75x | as long as short |
| Extended ORDI-USDlong | +0.0104% | 1h | 4.8831 | long leg | $5K | $223K | 5x | |
| BloFin ORDI-USDT | +0.0138% | 4h | 4.8860 | +0.060% | $590K | $300K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8815 | −0.032% | $8K | — | 100x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
HTX ORDI-USDT
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]