data as of
Settings8H · net · $10k
Price arb /

ORDI

all ORDI markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$161
spread now−0.239%7d average−0.242%fees + slippage, in and out−$161spread needed1.614%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid ORDI4.98590.0329pay 0.0041% / 1h5m 17s$916K$497K3x
ShortSunX ORDI-USDT4.97400.0100get 0.0050% / 4h3h 05m$1K$1.1M20x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$23.87
Funding while held
−$6.87
Slippage, 4 orders
−$142.39
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee SunX: 5 bp × 2 orders
−$10
Net
−$192.12
Spread needed to break even
1.614%
Slippage from Hyperliquid: live order book, 6 min ago; SunX: live order book, 5 min ago.

Cost of waiting

funding view
Funding /8h
−0.0229%
Per $10,000 a day
$6.87
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 6 min ago2.39 bp10.7 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 5 min ago31.10 bp50.7 bp −$51doesn't fitdoesn't fitdoesn't fit

ORDI price on every exchange

against the cheapest. Click to use as the short leg.

ORDI on 19 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective ORDI/USDC PERP−8.642%+0.0033%1h$776$73K5.5xas long as short
Variational Omni ORDI−0.395%+0.0100%4h$26K$56Kas long as short
BloFin ORDI-USDT−0.319%+0.0110%4h$667K$298K75xas long as short
Bybit ORDIUSDT−0.299%+0.0100%4h$4.2M$3.6M50xas long as short
Gate ORDI_USDT−0.299%+0.0100%4h$1.3M$2.5M50xas long as short
SunX ORDI-USDTshort−0.239%+0.0100%4h$1K$1.1M20x
Bitget ORDIUSDT−0.219%+0.0100%4h$2.9M$2.7M50xas long as short
BingX ORDI-USDT−0.219%+0.0100%4h$26.9Mas long as short
KuCoin ORDIUSDTM−0.191%+0.0100%4h$922K$760K50xas long as short
Extended ORDI-USD−0.188%+0.0104%1h$5K$172K5xas long as short
Show all 19 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Binance ORDIUSDT−0.179%+0.0100%4h$10.4M$27.4M50xas long as short
OKX ORDI-USDT-SWAP−0.179%+0.0100%4h$5.7M$15.4M20xas long as short
MEXC ORDI_USDT−0.158%+0.0100%4h$7.0M$3.2M200xas long as short
dYdX ORDI-USD−0.158%0.0000%1h$34K$6515xas long as short
GMX ORDI/USD [WBTC.b-USDC]−0.132%L +0.0240% / S −0.3359%1h$9K100xas long as short
Aster ORDIUSDT−0.078%+0.0100%4h$12K$390K5xas long as short
HTX ORDI-USDT−0.038%+0.0100%4h$86K$323K75xas long as short
Hyperliquid ORDIlong0.000%+0.0329%1h$916K$497K3x
Kraken Futures PF_ORDIUSD+0.014%+0.1442%1h$66K$34K25xas long as short