After costs, if the gap returns to its 7d average, $10k−$72
spread now−0.213%7d average−0.084%fees + slippage, in and out−$59spread needed0.593%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ORDI | 4.9325 | 0.0100 | pay 0.0013% / 1h | 38m 22s | $915K | $533K | 3x |
| Short | Bitget ORDIUSDT | 4.9220 | 0.0100 | get 0.0050% / 4h | 1h 38m | $2.9M | $2.8M | 50x |
Hyperliquid ORDI
Bitget ORDIUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$21.29
- Funding while held
- $0
- Slippage, 4 orders
- −$38.25
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$80.54
- Spread needed to break even
- 0.593%
Slippage from Hyperliquid: live order book, 23 min ago; Bitget: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- Average in range /8h
- —
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 Hyperliquid live order book, 23 min ago | 1.02 bp | 14.2 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 2.03 bp | 19.2 bp −$19 | 43.9 bp −$439 | doesn't fit | doesn't fit |
ORDI price on every exchange
against the cheapest. Click to use as the short leg.Injective4.5550cheapest
Variational Omni4.9007+7.590%Bybit4.9170+7.947%SunX4.9170+7.947%dYdX4.9177+7.963%OKX4.9190+7.991%Gate4.9190+7.991%BingX4.9190+7.991%KuCoin4.9216+8.048%
Injective
Variational Omni
Bybit
SunX
dYdX
OKX
Gate
BingX
KuCoinBitget4.9220+8.057%
Extended4.9226+8.071%MEXC4.9230+8.079%HTX4.9230+8.079%Binance4.9231+8.081%Aster4.9235+8.090%GMX4.9238+8.096%Kraken Futures4.9249+8.121%BloFin4.9260+8.145%
Extended
MEXC
HTX
Binance
Aster
GMX
Kraken Futures
BloFinHyperliquid4.9325+8.288%
ORDI on 19 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ORDI/USDC PERP | −7.653% | +0.0033% | 1h | $776 | $20K | 5.5x | as long as short |
| Variational Omni ORDI | −0.644% | +0.0100% | 4h | $24K | $58K | — | as long as short |
| Bybit ORDIUSDT | −0.314% | +0.0100% | 4h | $4.1M | $3.8M | 50x | as long as short |
| SunX ORDI-USDT | −0.314% | +0.0100% | 4h | $1K | $1.2M | 20x | as long as short |
| dYdX ORDI-USD | −0.300% | 0.0000% | 1h | $34K | $651 | 5x | as long as short |
| OKX ORDI-USDT-SWAP | −0.274% | +0.0100% | 4h | $5.4M | $16.1M | 20x | as long as short |
| Gate ORDI_USDT | −0.274% | +0.0014% | 4h | $1.3M | $2.6M | 50x | as long as short |
| BingX ORDI-USDC | −0.274% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| KuCoin ORDIUSDTM | −0.221% | +0.0100% | 4h | $902K | $807K | 50x | as long as short |
| Bitget ORDIUSDTshort | −0.213% | +0.0100% | 4h | $2.9M | $2.8M | 50x |
Show all 19 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended ORDI-USD | −0.200% | +0.0104% | 1h | $5K | $172K | 5x | as long as short |
| MEXC ORDI_USDT | −0.193% | +0.0100% | 4h | $6.7M | $3.1M | 200x | as long as short |
| HTX ORDI-USDT | −0.193% | +0.0100% | 4h | $85K | $348K | 75x | as long as short |
| Binance ORDIUSDT | −0.191% | +0.0100% | 4h | $10.0M | $29.5M | 50x | as long as short |
| Aster ORDIUSDT | −0.182% | +0.0100% | 4h | $17K | $404K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | −0.177% | L +0.0239% / S −0.3359% | 1h | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | −0.154% | +0.0194% | 1h | $65K | $35K | 25x | as long as short |
| BloFin ORDI-USDT | −0.132% | +0.0137% | 4h | $631K | $297K | 75x | as long as short |
| Hyperliquid ORDIlong | 0.000% | +0.0100% | 1h | $915K | $533K | 3x |