Funding you earn now, next payment 04:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.12 per $10,000 · paid last 24h +0.012%
Price spread now: BloFin against HTX−0.260%59s7-day average +0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$800.803% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 3 days (all we have)+0.370%+$37 · spread now −0.260%, 7d avg +0.079%
=Funding pays, the price is against you. BloFin is 0.339% cheaper against HTX than usual: you would sell low and buy high (spread −0.260% now, against its 7-day average of +0.079%). If the spread goes back, that is −$34 on $10k: about 47 days of funding at the current rate (+$1 a day). The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ORDI-USDT | 5.0060 | 0.0100 | pay 0.0050% / 4h | 3h 04m | $91K | $351K | 75x |
| Short | BloFin ORDI-USDT | 4.9930 | 0.0124 | get 0.0062% / 4h | 3h 04m | $620K | $318K | 75x |
HTX ORDI-USDT
BloFin ORDI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $5.01
- Price spread: −0.260% → +0.079%
- −$33.88
- Slippage, 4 orders
- −$56.29
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$109.16
- Costs to cover
- 0.803%
- Break-even
- 159.6 days
Slippage from HTX: live order book, 4 min ago; BloFin: live order book, 2 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, 4 min ago | 17.06 bp | 23.7 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 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 | 5.0041 | −0.038% | $34K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −9.009% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 5.0147 | +0.174% | $726K | $649K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 5.0057 | −0.005% | $3K | $423K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9990 | −0.140% | $10.3M | $31.9M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.9950 | −0.220% | $4.3M | $4.4M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9900 | −0.320% | $5.5M | $17.2M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 5.0040 | −0.040% | $1.3M | $2.7M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 5.0080 | +0.040% | $7.2M | $3.4M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 5.0067 | +0.014% | $945K | $828K | 50x | as long as short |
dYdX ORDI-USD
Injective ORDI/USDC PERP
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
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 | 5.0030 | −0.060% | $2.9M | $3.1M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 5.0050 | −0.020% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.9621 | −0.877% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 5.0000 | −0.120% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDTlong | +0.0100% | 4h | 5.0060 | long leg | $91K | $351K | 75x | |
| Extended ORDI-USD | +0.0104% | 1h | 5.0069 | +0.019% | $4K | $192K | 5x | as long as short |
| BloFin ORDI-USDTshort | +0.0124% | 4h | 4.9930 | −0.260% | $620K | $318K | 75x | |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0240% / S −0.3359% | 1h | 5.0060 | 0.000% | $9K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.2895% | 1h | 5.0153 | +0.185% | $66K | $40K | 25x | as long as short |
Bitget ORDIUSDT
BingX ORDI-USDC
Variational Omni ORDI
SunX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD