Settings8H · net · $10k
Funding arb · Price arb /

ORDI

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.020%
Price spread now: Injective against HTX−6.717%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.086%+$9 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 6.717% cheaper against HTX than usual: you would sell low and buy high (−$672 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.086%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ORDI-USDT4.88300.0100pay 0.0050% / 4h2h 40m$88K$355K75x
ShortInjective ORDI/USDC PERP4.55500.0033get 0.0004% / 1h40m 40s$776$20K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against HTX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$14
Price spread: −6.717% → 0.000%
−$671.72
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$697.74
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: HTX: live order book, 27 min ago; Injective: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 27 min ago17.06 bp23.7 bp −$24doesn't fitdoesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ORDI on 19 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ORDI-USD0.0000%1h4.8713−0.240%$33K$6515xas long as short
Injective ORDI/USDC PERPshort+0.0033%1h4.5550−6.717%$776$20K5.5x
Gate ORDI_USDT+0.0074%4h4.8720−0.225%$1.3M$2.7M50xas long as short
Hyperliquid ORDI+0.0100%1h4.8818−0.025%$705K$662K3xas long as short
Aster ORDIUSDT+0.0100%4h4.8806−0.050%$8K$421K5xas long as short
Binance ORDIUSDT+0.0100%4h4.8654−0.361%$10.0M$33.1M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.8550−0.573%$4.2M$4.6M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.8550−0.573%$5.3M$17.3M20xas long as short
MEXC ORDI_USDT+0.0100%4h4.8650−0.369%$7.0M$3.5M200xas long as short
KuCoin ORDIUSDTM+0.0100%4h4.8750−0.164%$909K$885K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ORDIUSDT+0.0100%4h4.8650−0.369%$2.9M$3.4M50xas long as short
BingX ORDI-USDT+0.0100%4h4.8730−0.205%$27.3Mas long as short
Variational Omni ORDI+0.0100%4h4.8767−0.128%$24K$56Kas long as short
SunX ORDI-USDT+0.0100%4h4.88300.000%$1K$1.2M20xas long as short
HTX ORDI-USDTlong+0.0100%4h4.8830long leg$88K$355K75x
BloFin ORDI-USDT+0.0100%4h4.9110+0.573%$610K$314K75xas long as short
Extended ORDI-USD+0.0104%1h4.8699−0.269%$5K$193K5xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0239% / S −0.3359%1h4.8800−0.062%$8K100xas long as short
Kraken Futures PF_ORDIUSD+0.3069%1h4.8729−0.207%$71K$49K25xas long as short