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: SunX against HTX−0.062%7-day average −0.113% · you buy dearer than you sell
Net, funding: paid 7d − costs−$183as in the Funding arb table
Net, price: spread back to 7d avg − costs−$178as in the Price arb table
costs, in and out, $10k−$1831.828% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 3 days (all we have)−0.013%−$1 · spread now −0.062%, 7d avg −0.113%
Together, before fees−0.013%−$1 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: SunX is 0.051% dearer against HTX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.113%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ORDI-USDT4.85500.0100pay 0.0050% / 4h1h 46m$88K$363K75x
ShortSunX ORDI-USDT4.85200.0100get 0.0050% / 4h1h 46m$1K$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: −0.062% → −0.113%
$5.14
Slippage, 4 orders
−$162.78
Fee HTX: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$177.64
Costs to cover
1.828%
Break-even
never at this rate
Slippage from HTX: live order book, 36 min ago; SunX: live order book, 7 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, 36 min ago9.24 bp18.1 bp −$18doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 7 min ago30.92 bp50.0 bp −$50doesn't fitdoesn'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%1h4.8541−0.018%$33K$6515xas long as short
Injective ORDI/USDC PERP+0.0033%1h4.5550−6.179%$776$20K5.5xas long as short
BloFin ORDI-USDT+0.0083%4h4.8540−0.021%$601K$299K75xas long as short
Hyperliquid ORDI+0.0100%1h4.8623+0.150%$707K$645K3xas long as short
Aster ORDIUSDT+0.0100%4h4.8546−0.008%$5K$415K5xas long as short
Binance ORDIUSDT+0.0100%4h4.8578+0.057%$9.9M$30.8M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.8510−0.082%$4.1M$4.2M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.8530−0.041%$5.3M$16.2M20xas long as short
Gate ORDI_USDT+0.0100%4h4.8530−0.041%$1.2M$2.7M50xas long as short
MEXC ORDI_USDT+0.0100%4h4.8570+0.041%$7.0M$3.2M200xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ORDIUSDTM+0.0100%4h4.8533−0.035%$928K$823K50xas long as short
Bitget ORDIUSDT+0.0100%4h4.8560+0.021%$2.9M$3.0M50xas long as short
BingX ORDI-USDT+0.0100%4h4.8540−0.021%$24.5Mas long as short
Variational Omni ORDI+0.0100%4h4.8536−0.029%$24K$56Kas long as short
SunX ORDI-USDTshort+0.0100%4h4.8520−0.062%$1K$1.2M20x
HTX ORDI-USDTlong+0.0100%4h4.8550long leg$88K$363K75x
Extended ORDI-USD+0.0104%1h4.8542−0.017%$5K$172K5xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0239% / S −0.3359%1h4.8559+0.019%$8K100xas long as short
Kraken Futures PF_ORDIUSD+0.2960%1h4.8660+0.226%$66K$42K25xas long as short