Funding you earn now, next payment 04:00 UTC+0.0007%/8h= +0.8% APRnext payment +$0.04 per $10,000 · paid last 24h +0.021%
Price spread now: BloFin against Gate−0.061%7-day average +0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$760.755% of the position
Funding, last 7 days+0.054%+$5 on $10k
+Price spread, last 3 days (all we have)+0.132%+$13 · spread now −0.061%, 7d avg +0.069%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.129% cheaper against Gate than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.069%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ORDI_USDT | 4.9580 | 0.0096 | pay 0.0048% / 4h | 3h 03m | $1.3M | $2.7M | 50x |
| Short | BloFin ORDI-USDT | 4.9550 | 0.0103 | get 0.0052% / 4h | 3h 03m | $615K | $315K | 75x |
Gate ORDI_USDT
BloFin ORDI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- $1.5
- Price spread: −0.061% → +0.069%
- −$12.92
- Slippage, 4 orders
- −$48.55
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$86.97
- Costs to cover
- 0.755%
- Break-even
- 413.5 days
Slippage from Gate: live order book, 5 min ago; BloFin: live order book, 3 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 Gate live order book, 5 min ago | 2.01 bp | 19.2 bp −$19 | 140.0 bp −$1,400 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 2.01 bp | 20.2 bp −$20 | 54.4 bp −$544 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ORDI-USD | 0.0000% | 1h | 4.9732 | +0.306% | $34K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −8.128% | $776 | $20K | 5.5x | as long as short |
| Gate ORDI_USDTlong | +0.0096% | 4h | 4.9580 | long leg | $1.3M | $2.7M | 50x | |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9696 | +0.234% | $719K | $649K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9640 | +0.121% | $3K | $408K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9580 | −0.001% | $10.2M | $32.0M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.9550 | −0.061% | $4.2M | $4.4M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9540 | −0.081% | $5.4M | $17.1M | 20x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.9560 | −0.040% | $7.2M | $3.4M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.9562 | −0.036% | $930K | $827K | 50x | as long as short |
dYdX ORDI-USD
Injective ORDI/USDC PERP
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
MEXC ORDI_USDT
KuCoin ORDIUSDTMShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ORDIUSDT | +0.0100% | 4h | 4.9580 | 0.000% | $2.9M | $3.1M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.9560 | −0.040% | — | $27.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.9621 | +0.082% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.9540 | −0.081% | $2K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.9630 | +0.101% | $90K | $351K | 75x | as long as short |
| BloFin ORDI-USDTshort | +0.0103% | 4h | 4.9550 | −0.061% | $615K | $315K | 75x | |
| Extended ORDI-USD | +0.0104% | 1h | 4.9599 | +0.038% | $4K | $192K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0240% / S −0.3359% | 1h | 4.9596 | +0.032% | $9K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.2920% | 1h | 4.9729 | +0.301% | $66K | $40K | 25x | as long as short |
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD