Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%
Price spread now: Gate against HTX+0.082%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$820.823% of the position
Funding, last 7 days−0.070%−$7 on $10k
+Price spread, last 3 days (all we have)−0.071%−$7 · spread now +0.082%, 7d avg +0.011%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.072% dearer against HTX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ORDI-USDT | 4.8670 | 0.0100 | pay 0.0050% / 4h | 3h 54m | $89K | $355K | 75x |
| Short | Gate ORDI_USDT | 4.8710 | 0.0100 | get 0.0050% / 4h | 3h 54m | $1.3M | $2.6M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.082% → +0.011%
- $7.17
- Slippage, 4 orders
- −$55.3
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$75.13
- Costs to cover
- 0.823%
- Break-even
- never at this rate
Slippage from HTX: live order book, 18 min ago; Gate: live order book, 3 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, 18 min ago | 12.35 bp | 20.1 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 3.07 bp | 23.1 bp −$23 | 81.6 bp −$816 | 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 | 4.8713 | +0.089% | $33K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.411% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8766 | +0.197% | $708K | $653K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8701 | +0.063% | $5K | $420K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8710 | +0.082% | $10.0M | $31.6M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8670 | 0.000% | $4.1M | $4.3M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8700 | +0.062% | $5.3M | $16.5M | 20x | as long as short |
| Gate ORDI_USDTshort | +0.0100% | 4h | 4.8710 | +0.082% | $1.3M | $2.6M | 50x | |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8710 | +0.082% | $7.0M | $3.3M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8711 | +0.084% | $939K | $813K | 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 | 4.8680 | +0.021% | $2.9M | $3.0M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.8720 | +0.103% | — | $24.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8848 | +0.367% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8590 | −0.164% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDTlong | +0.0100% | 4h | 4.8670 | long leg | $89K | $355K | 75x | |
| Extended ORDI-USD | +0.0104% | 1h | 4.8700 | +0.062% | $5K | $168K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0141% | 4h | 4.8690 | +0.041% | $598K | $308K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8677 | +0.014% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.2977% | 1h | 4.8782 | +0.230% | $65K | $43K | 25x | as long as short |
HTX ORDI-USDT
Gate ORDI_USDT
Injective ORDI/USDC PERP
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
MEXC ORDI_USDT
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
SunX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD