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

ORDI

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: BingX against Injective+7.486%7-day average · you sell dearer than you buy
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 for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 7.486% dearer against Injective than usual: you sell high and buy low: +$749 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.086%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective ORDI/USDC PERP4.55500.0033pay 0.0004% / 1h53m 07s$776$20K5.5x
ShortBingX ORDI-USDC4.89600.0100get 0.0050% / 4h1h 53m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Injective. 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: +7.486% → 0.000%
$748.63
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee BingX: 5 bp × 2 orders
−$10
Net
$752.61
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; BingX: live order book, 10 min ago. 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 Injective no order-book sample
Sell BingX live order book, 10 min ago1.02 bp20.7 bp −$21131.5 bp −$1,315445.8 bp −$44.6K598.9 bp −$299.4K
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 18 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
Kraken Futures PF_ORDIUSD−0.0350%1h4.8883+7.317%$72K$46K25xas long as short
dYdX ORDI-USD0.0000%1h4.8895+7.344%$34K$6515xas long as short
Injective ORDI/USDC PERPlong+0.0033%1h4.5550long leg$776$20K5.5x
Aster ORDIUSDT+0.0100%4h4.8932+7.425%$13K$427K5xas long as short
Binance ORDIUSDT+0.0100%4h4.8959+7.484%$10.1M$33.2M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.8900+7.355%$4.2M$4.5M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.8930+7.420%$5.3M$17.4M20xas long as short
Gate ORDI_USDT+0.0100%4h4.8930+7.420%$1.3M$2.7M50xas long as short
MEXC ORDI_USDT+0.0100%4h4.8960+7.486%$7.0M$3.3M200xas long as short
KuCoin ORDIUSDTM+0.0100%4h4.8929+7.418%$934K$866K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ORDIUSDT+0.0100%4h4.8980+7.530%$2.9M$3.5M50xas long as short
BingX ORDI-USDCshort+0.0100%4h4.8960+7.486%$2.3M
Variational Omni ORDI+0.0100%4h4.9122+7.842%$24K$55Kas long as short
SunX ORDI-USDT+0.0100%4h4.8830+7.201%$1K$1.2M20xas long as short
HTX ORDI-USDT+0.0100%4h4.8910+7.377%$79K$383K75xas long as short
Extended ORDI-USD+0.0104%1h4.8947+7.459%$3K$192K5xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0239% / S −0.3359%1h4.8940+7.443%$8K100xas long as short
Hyperliquid ORDI+0.0257%1h4.8979+7.528%$707K$660K3xas long as short