Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against HTX+0.176%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$1011.014% of the position
Funding, last 7 days−0.054%−$5 on $10k
+Price spread, last 4 days (all we have)−0.110%−$11 · spread now +0.176%, 7d avg +0.073%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.103% dearer against HTX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.073%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ORDI-USDT | 4.8280 | 0.0100 | pay 0.0050% / 4h | 2h 30m | $84K | $434K | 75x |
| Short | Binance ORDIUSDT | 4.8365 | 0.0100 | get 0.0050% / 4h | 2h 30m | $9.9M | $34.0M | 50x |
HTX ORDI-USDT
Binance ORDIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against HTX. 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
- Price spread: +0.176% → +0.073%
- $10.32
- Slippage, 4 orders
- −$79.39
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$91.06
- Costs to cover
- 1.014%
- Break-even
- never at this rate
Slippage from HTX: live order book, 17 min ago; Binance: live order book, 11 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 HTX live order book, 17 min ago | 17.43 bp | 35.4 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 1.03 bp | 13.6 bp −$14 | 34.1 bp −$341 | 305.6 bp −$30.6K | 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 | −0.0723% | 1h | 4.8290 | +0.021% | $69K | $47K | 25x | as long as short |
| Gate ORDI_USDT | −0.0162% | 4h | 4.8340 | +0.124% | $1.2M | $2.8M | 50x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8297 | +0.036% | $33K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −5.655% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8413 | +0.275% | $698K | $666K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8363 | +0.172% | $7K | $428K | 5x | as long as short |
| Binance ORDIUSDTshort | +0.0100% | 4h | 4.8365 | +0.176% | $9.9M | $34.0M | 50x | |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8330 | +0.104% | $4.1M | $4.7M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8400 | +0.249% | $5.2M | $17.7M | 20x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8390 | +0.228% | $6.4M | $3.3M | 200x | as long as short |
Kraken Futures PF_ORDIUSD
Gate ORDI_USDT
dYdX ORDI-USD
Injective ORDI/USDC PERP
Hyperliquid ORDI
Aster 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 | 4.8356 | +0.157% | $959K | $824K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8370 | +0.186% | $2.8M | $3.5M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.8300 | +0.041% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8268 | −0.026% | $24K | $42K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8260 | −0.041% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDTlong | +0.0100% | 4h | 4.8280 | long leg | $84K | $434K | 75x | |
| Extended ORDI-USD | +0.0104% | 1h | 4.8375 | +0.197% | $2K | $180K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0115% | 4h | 4.8360 | +0.166% | $594K | $305K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8306 | +0.054% | $8K | — | 100x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDC
Variational Omni ORDI
SunX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]