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

ORDI

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Alert: funding
Alert: spread
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: OKX against HTX0.000%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$710.708% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.062%−$6 on $10k
Price spread, last 3 days (all we have)0.000%$0 · spread now 0.000%, 7d avg +0.043%
Together, before fees−0.062%−$6 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: OKX is 0.043% cheaper against HTX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.043%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ORDI-USDT4.90400.0100pay 0.0050% / 4h3h 31m$85K$352K75x
ShortOKX ORDI-USDT-SWAP4.90400.0100get 0.0050% / 4h3h 31m$5.4M$16.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$0
Price spread: 0.000% → +0.043%
−$4.32
Slippage, 4 orders
−$48.76
Fee HTX: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$75.08
Costs to cover
0.708%
Break-even
never at this rate
Slippage from HTX: live order book, 17 min ago; OKX: live order book, 3 min ago.

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, 17 min ago9.23 bp15.3 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 3 min ago1.02 bp15.4 bp −$1554.9 bp −$549doesn't fitdoesn't fit

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%1h4.9054+0.029%$34K$6515xas long as short
Gate ORDI_USDT+0.0028%4h4.9030−0.020%$1.3M$2.7M50xas long as short
Injective ORDI/USDC PERP+0.0033%1h4.5550−7.117%$776$20K5.5xas long as short
Aster ORDIUSDT+0.0100%4h4.9084+0.090%$5K$416K5xas long as short
Binance ORDIUSDT+0.0100%4h4.9075+0.072%$10.1M$30.2M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.9010−0.061%$4.1M$4.0M50xas long as short
OKX ORDI-USDT-SWAPshort+0.0100%4h4.90400.000%$5.4M$16.1M20x
MEXC ORDI_USDT+0.0100%4h4.9080+0.082%$7.1M$3.2M200xas long as short
KuCoin ORDIUSDTM+0.0100%4h4.90400.000%$914K$821K50xas long as short
Bitget ORDIUSDT+0.0100%4h4.9060+0.041%$2.9M$2.9M50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ORDI-USDC+0.0100%4h4.9010−0.061%$2.3Mas long as short
Variational Omni ORDI+0.0100%4h4.8906−0.274%$24K$56Kas long as short
SunX ORDI-USDT+0.0100%4h4.9000−0.082%$2K$1.2M20xas long as short
HTX ORDI-USDTlong+0.0100%4h4.9040long leg$85K$352K75x
Extended ORDI-USD+0.0104%1h4.9072+0.065%$5K$172K5xas long as short
BloFin ORDI-USDT+0.0148%4h4.9050+0.020%$616K$287K75xas long as short
Hyperliquid ORDI+0.0235%1h4.9145+0.214%$911K$534K3xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0239% / S −0.3359%1h4.9077+0.076%$8K100xas long as short
Kraken Futures PF_ORDIUSD+0.0568%1h4.9200+0.326%$66K$42K25xas long as short