Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against HTX+0.118%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$850.850% of the position
Funding, last 7 days−0.049%−$5 on $10k
+Price spread, last 4 days (all we have)−0.059%−$6 · spread now +0.118%, 7d avg +0.027%
=Together, before fees−0.109%+ Points / potential airdropExtended: Active · farm board−$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.091% dearer against HTX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ORDI-USDT | 4.8440 | 0.0100 | pay 0.0050% / 4h | 1h 04m | $80K | $395K | 75x |
| Short | Extended ORDI-USD | 4.8497 | 0.0104 | get 0.0013% / 1h | 4m 50s | $5K | $190K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $0.84
- Price spread: +0.118% → +0.027%
- $9.06
- Slippage, 4 orders
- −$68.03
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$75.12
- Costs to cover
- 0.850%
- Break-even
- 633.0 days
Slippage from HTX: live order book, 58 min ago; Extended: live order book, 57 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, 58 min ago | 14.34 bp | 23.0 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 57 min ago | 2.35 bp | 16.0 bp −$16 | 111.9 bp −$1,119 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ORDIUSD | −0.0353% | 1h | 4.8442 | +0.003% | $71K | $45K | 25x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8450 | +0.021% | $33K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −5.966% | $776 | $20K | 5.5x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8489 | +0.101% | $13K | $429K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8524 | +0.174% | $10.0M | $33.7M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8500 | +0.124% | $4.2M | $4.6M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8530 | +0.186% | $5.2M | $17.4M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8510 | +0.145% | $1.3M | $2.8M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8520 | +0.165% | $6.8M | $3.4M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8498 | +0.120% | $974K | $878K | 50x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8550 | +0.227% | $2.9M | $3.5M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.8520 | +0.165% | — | $27.1M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8436 | −0.009% | $24K | $55K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8410 | −0.062% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDTlong | +0.0100% | 4h | 4.8440 | long leg | $80K | $395K | 75x | |
| Extended ORDI-USDshort | +0.0104% | 1h | 4.8497 | +0.118% | $5K | $190K | 5x | |
| BloFin ORDI-USDT | +0.0125% | 4h | 4.8550 | +0.227% | $604K | $303K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8443 | +0.006% | $8K | — | 100x | as long as short |
| Hyperliquid ORDI | +0.0288% | 1h | 4.8647 | +0.427% | $700K | $662K | 3x | as long as short |
HTX ORDI-USDT
Extended ORDI-USD
Kraken Futures PF_ORDIUSD
Injective ORDI/USDC PERP
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
MEXC ORDI_USDT
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
SunX ORDI-USDT
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]
Hyperliquid ORDI