After costs, if the gap returns to its 7d average, $10k−$160
spread now−0.041%7d average−0.127%fees + slippage, in and out−$169spread needed1.690%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ORDI_USDT | 4.9110 | 0.0026 | pay 0.0013% / 4h | 1h 23m | $1.3M | $2.7M | 50x |
| Short | SunX ORDI-USDT | 4.9090 | 0.0100 | get 0.0050% / 4h | 1h 23m | $1K | $1.2M | 20x |
Gate ORDI_USDT
SunX ORDI-USDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$4.07
- Funding while held
- $2.22
- Slippage, 4 orders
- −$144.04
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee SunX: 5 bp × 2 orders
- −$10
- Net
- −$170.89
- Spread needed to break even
- 1.690%
Slippage from Gate: live order book, 1 min ago; SunX: live order book, 7 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0074%
- Per $10,000 a day
- +$2.22
- Average in range /8h
- —
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, 1 min ago | 2.04 bp | 20.1 bp −$20 | 131.8 bp −$1,318 | doesn't fit | doesn't fit |
| Sell SunX live order book, 7 min ago | 30.59 bp | 50.4 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
ORDI price on every exchange
against the cheapest. Click to use as the short leg.Injective4.5550cheapest
InjectiveSunX4.9090+7.772%
BingX4.9100+7.794%Variational Omni4.9102+7.798%dYdX4.9107+7.809%
BingX
Variational Omni
dYdXGate4.9110+7.816%
KuCoin4.9111+7.818%HTX4.9130+7.859%Aster4.9147+7.897%Extended4.9150+7.903%MEXC4.9150+7.903%Bitget4.9160+7.925%GMX4.9164+7.933%Kraken Futures4.9168+7.942%Bybit4.9170+7.947%Binance4.9193+7.997%OKX4.9200+8.013%BloFin4.9210+8.035%Hyperliquid4.9251+8.125%
KuCoin
HTX
Aster
Extended
MEXC
Bitget
GMX
Kraken Futures
Bybit
Binance
OKX
BloFin
HyperliquidORDI on 19 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ORDI/USDC PERP | −7.249% | +0.0033% | 1h | $776 | $20K | 5.5x | as long as short |
| SunX ORDI-USDTshort | −0.041% | +0.0100% | 4h | $1K | $1.2M | 20x | |
| BingX ORDI-USDC | −0.020% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| Variational Omni ORDI | −0.016% | +0.0100% | 4h | $24K | $58K | — | as long as short |
| dYdX ORDI-USD | −0.006% | 0.0000% | 1h | $34K | $651 | 5x | as long as short |
| Gate ORDI_USDTlong | 0.000% | +0.0026% | 4h | $1.3M | $2.7M | 50x | |
| KuCoin ORDIUSDTM | +0.002% | +0.0100% | 4h | $889K | $812K | 50x | as long as short |
| HTX ORDI-USDT | +0.041% | +0.0100% | 4h | $85K | $349K | 75x | as long as short |
| Aster ORDIUSDT | +0.076% | +0.0100% | 4h | $17K | $404K | 5x | as long as short |
| Extended ORDI-USD | +0.081% | +0.0104% | 1h | $5K | $172K | 5x | as long as short |
Show all 19 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC ORDI_USDT | +0.081% | +0.0100% | 4h | $6.7M | $3.1M | 200x | as long as short |
| Bitget ORDIUSDT | +0.102% | +0.0100% | 4h | $2.9M | $2.8M | 50x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | +0.109% | L +0.0239% / S −0.3359% | 1h | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.117% | +0.0195% | 1h | $65K | $35K | 25x | as long as short |
| Bybit ORDIUSDT | +0.122% | +0.0100% | 4h | $4.1M | $3.8M | 50x | as long as short |
| Binance ORDIUSDT | +0.168% | +0.0100% | 4h | $9.9M | $29.5M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.183% | +0.0100% | 4h | $5.4M | $16.1M | 20x | as long as short |
| BloFin ORDI-USDT | +0.204% | +0.0047% | 4h | $632K | $299K | 75x | as long as short |
| Hyperliquid ORDI | +0.287% | +0.0100% | 1h | $913K | $534K | 3x | as long as short |