Settings8H · net · $10k
Funding arb · Price arb /

ORDI

all ORDI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.007%
Price spread now: Variational Omni against Gate−0.059%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.059% cheaper against Gate than usual: you would sell low and buy high, −$6 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ORDI_USDT4.88000.0100pay 0.0050% / 4h2h 59m$1.2M$2.5M50x
ShortVariational Omni ORDI4.87710.0100get 0.0050% / 4h2h 59m$25K$33K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Gate. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.059% → 0.000%
−$5.95
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$20.95
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 3 min ago; Variational Omni: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 3 min ago2.05 bp17.8 bp −$18363.1 bp −$3,631doesn't fitdoesn't fit
Sell Variational Omni no order-book sample
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ORDI on 19 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ORDIUSD−0.0449%1h4.8796−0.007%$69K$43K25xas long as short
dYdX ORDI-USD0.0000%1h4.8762−0.078%$33K$5775xas long as short
Injective ORDI/USDC PERP+0.0033%1h4.5550−6.660%$776$20K5.5xas long as short
BloFin ORDI-USDT+0.0077%4h4.8940+0.287%$592K$297K75xas long as short
Hyperliquid ORDI+0.0100%1h4.8852+0.107%$704K$641K3xas long as short
Aster ORDIUSDT+0.0100%4h4.8832+0.065%$10K$344K5xas long as short
Binance ORDIUSDT+0.0100%4h4.8812+0.024%$9.9M$33.3M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.8780−0.041%$4.1M$4.3M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.8780−0.041%$5.2M$17.7M20xas long as short
Gate ORDI_USDTlong+0.0100%4h4.8800long leg$1.2M$2.5M50x
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ORDI_USDT+0.0100%4h4.8810+0.020%$6.8M$3.1M200xas long as short
KuCoin ORDIUSDTM+0.0100%4h4.8822+0.045%$1.0M$782K50xas long as short
Bitget ORDIUSDT+0.0100%4h4.88000.000%$2.8M$3.5M50xas long as short
BingX ORDI-USDC+0.0100%4h4.8850+0.102%$2.3Mas long as short
Variational Omni ORDIshort+0.0100%4h4.8771−0.059%$25K$33K
SunX ORDI-USDT+0.0100%4h4.8760−0.082%$2K$1.1M20xas long as short
HTX ORDI-USDT+0.0100%4h4.8820+0.041%$84K$349K75xas long as short
Extended ORDI-USD+0.0104%1h4.8799−0.002%$2K$223K5xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0239% / S −0.3359%1h4.8831+0.064%$8K100xas long as short