Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against HTX+0.041%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$840.836% of the position
Funding, last 7 days−0.112%−$11 on $10k
+Price spread, last 3 days (all we have)+0.015%+$1 · spread now +0.041%, 7d avg +0.006%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.035% dearer against HTX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ORDI-USDT | 4.8590 | 0.0100 | pay 0.0050% / 4h | 23m 06s | $88K | $355K | 75x |
| Short | Bybit ORDIUSDT | 4.8610 | 0.0100 | get 0.0050% / 4h | 23m 06s | $4.1M | $4.2M | 50x |
HTX ORDI-USDT
Bybit ORDIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.041% → +0.006%
- $3.48
- Slippage, 4 orders
- −$60.57
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$80.09
- Costs to cover
- 0.836%
- Break-even
- never at this rate
Slippage from HTX: live order book, 55 min ago; Bybit: live order book, 5 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, 55 min ago | 9.28 bp | 15.7 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 2.05 bp | 19.1 bp −$19 | 64.5 bp −$645 | 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 | 4.8627 | +0.076% | $33K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.256% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0089% | 4h | 4.8670 | +0.165% | $608K | $308K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8725 | +0.278% | $708K | $651K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8653 | +0.129% | $4K | $418K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8661 | +0.147% | $10.0M | $31.3M | 50x | as long as short |
| Bybit ORDIUSDTshort | +0.0100% | 4h | 4.8610 | +0.041% | $4.1M | $4.2M | 50x | |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8630 | +0.082% | $5.3M | $16.5M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8620 | +0.062% | $1.3M | $2.8M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8660 | +0.144% | $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
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
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 | 4.8628 | +0.078% | $933K | $810K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8640 | +0.103% | $2.9M | $3.0M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.8680 | +0.185% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8664 | +0.153% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8550 | −0.082% | $2K | $1.2M | 20x | as long as short |
| HTX ORDI-USDTlong | +0.0100% | 4h | 4.8590 | long leg | $88K | $355K | 75x | |
| Extended ORDI-USD | +0.0104% | 1h | 4.8652 | +0.127% | $5K | $172K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8606 | +0.033% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.3035% | 1h | 4.8821 | +0.474% | $66K | $43K | 25x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDC
Variational Omni ORDI
SunX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD