Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.011%
Price spread now: Extended against Gate+0.026%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$820.821% of the position
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 4 days (all we have)−0.192%−$19 · spread now +0.026%, 7d avg +0.008%
=Together, before fees−0.171%+ Points / potential airdropExtended: Active · farm board−$17 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ORDI_USDT | 4.8310 | 0.0100 | pay 0.0050% / 4h | 2h 00m | $1.2M | $2.7M | 50x |
| Short | Extended ORDI-USD | 4.8323 | 0.0104 | get 0.0013% / 1h | 0m 58s | $4K | $172K | 5x |
Gate ORDI_USDT
Extended ORDI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $0.84
- Price spread: +0.026% → +0.008%
- $1.88
- Slippage, 4 orders
- −$62.09
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$79.37
- Costs to cover
- 0.821%
- Break-even
- 668.4 days
Slippage from Gate: live order book, 2 min ago; Extended: live order book, 20 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, 2 min ago | 3.11 bp | 21.2 bp −$21 | 166.1 bp −$1,661 | doesn't fit | doesn't fit |
| Sell Extended live order book, 20 min ago | 3.19 bp | 17.4 bp −$17 | 125.3 bp −$1,253 | 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 | 4.8354 | +0.090% | $33K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −5.713% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0069% | 4h | 4.8330 | +0.041% | $605K | $298K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8366 | +0.116% | $704K | $645K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8328 | +0.038% | $5K | $415K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8322 | +0.025% | $9.8M | $30.7M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8290 | −0.041% | $4.1M | $4.2M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8280 | −0.062% | $5.2M | $16.1M | 20x | as long as short |
| Gate ORDI_USDTlong | +0.0100% | 4h | 4.8310 | long leg | $1.2M | $2.7M | 50x | |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8320 | +0.021% | $7.0M | $3.3M | 200x | as long as short |
dYdX ORDI-USD
Injective ORDI/USDC PERP
BloFin ORDI-USDT
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
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 | 4.8316 | +0.012% | $924K | $824K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8290 | −0.041% | $2.8M | $2.9M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.8280 | −0.062% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8348 | +0.078% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8280 | −0.062% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8340 | +0.062% | $88K | $363K | 75x | as long as short |
| Extended ORDI-USDshort | +0.0104% | 1h | 4.8323 | +0.026% | $4K | $172K | 5x | |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0238% / S −0.3359% | 1h | 4.8335 | +0.053% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.2513% | 1h | 4.8422 | +0.232% | $65K | $42K | 25x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDC
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD