Funding you earn now, next payment 07:00 UTC+0.0064%/8h= +7.1% APRpaid last 24h +0.036%
Price spread now: BloFin against Injective+7.596%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.099%−$10 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 7.596% dearer against Injective than usual: you sell high and buy low: +$760 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 −0.099%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ORDI/USDC PERP | 4.5550 | 0.0033 | pay 0.0004% / 1h | 20m 17s | $776 | $20K | 5.5x |
| Short | BloFin ORDI-USDT | 4.9010 | 0.0098 | get 0.0049% / 4h | 1h 20m | $596K | $312K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Injective. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $13.54
- Price spread: +7.596% → 0.000%
- $759.6
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $761.13
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; BloFin: live order book, 66 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 66 min ago | 1.04 bp | 14.0 bp −$14 | 29.5 bp −$295 | doesn't fit | doesn't fit |
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 19 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ORDIUSD | −0.0541% | 1h | 4.9052 | +7.689% | $70K | $44K | 25x | as long as short |
| Gate ORDI_USDT | −0.0070% | 4h | 4.9060 | +7.706% | $1.3M | $2.7M | 50x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8983 | +7.537% | $34K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERPlong | +0.0033% | 1h | 4.5550 | long leg | $776 | $20K | 5.5x | |
| BloFin ORDI-USDTshort | +0.0098% | 4h | 4.9010 | +7.596% | $596K | $312K | 75x | |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9190 | +7.991% | $709K | $667K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9082 | +7.753% | $4K | $423K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9082 | +7.753% | $10.0M | $34.5M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.9010 | +7.596% | $4.1M | $4.7M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9000 | +7.574% | $5.2M | $18.1M | 20x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ORDI_USDT | +0.0100% | 4h | 4.9090 | +7.772% | $6.6M | $3.3M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.9062 | +7.710% | $996K | $820K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.9080 | +7.750% | $2.8M | $3.6M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.9050 | +7.684% | — | $26.9M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8936 | +7.435% | $26K | $42K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8940 | +7.442% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.9080 | +7.750% | $85K | $431K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.9088 | +7.768% | $3K | $159K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0240% / S −0.3359% | 1h | 4.9044 | +7.671% | $8K | — | 100x | as long as short |
Injective ORDI/USDC PERP
BloFin ORDI-USDT
Kraken Futures PF_ORDIUSD
Gate ORDI_USDT
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
MEXC ORDI_USDT
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]