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

ORDI

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 7 days−0.099%−$10 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 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective ORDI/USDC PERP4.55500.0033pay 0.0004% / 1h20m 17s$776$20K5.5x
ShortBloFin ORDI-USDT4.90100.0098get 0.0049% / 4h1h 20m$596K$312K75x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell BloFin live order book, 66 min ago1.04 bp14.0 bp −$1429.5 bp −$295doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ORDIUSD−0.0541%1h4.9052+7.689%$70K$44K25xas long as short
Gate ORDI_USDT−0.0070%4h4.9060+7.706%$1.3M$2.7M50xas long as short
dYdX ORDI-USD0.0000%1h4.8983+7.537%$34K$5775xas long as short
Injective ORDI/USDC PERPlong+0.0033%1h4.5550long leg$776$20K5.5x
BloFin ORDI-USDTshort+0.0098%4h4.9010+7.596%$596K$312K75x
Hyperliquid ORDI+0.0100%1h4.9190+7.991%$709K$667K3xas long as short
Aster ORDIUSDT+0.0100%4h4.9082+7.753%$4K$423K5xas long as short
Binance ORDIUSDT+0.0100%4h4.9082+7.753%$10.0M$34.5M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.9010+7.596%$4.1M$4.7M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.9000+7.574%$5.2M$18.1M20xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ORDI_USDT+0.0100%4h4.9090+7.772%$6.6M$3.3M200xas long as short
KuCoin ORDIUSDTM+0.0100%4h4.9062+7.710%$996K$820K50xas long as short
Bitget ORDIUSDT+0.0100%4h4.9080+7.750%$2.8M$3.6M50xas long as short
BingX ORDI-USDT+0.0100%4h4.9050+7.684%$26.9Mas long as short
Variational Omni ORDI+0.0100%4h4.8936+7.435%$26K$42Kas long as short
SunX ORDI-USDT+0.0100%4h4.8940+7.442%$1K$1.2M20xas long as short
HTX ORDI-USDT+0.0100%4h4.9080+7.750%$85K$431K75xas long as short
Extended ORDI-USD+0.0104%1h4.9088+7.768%$3K$159K5xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0240% / S −0.3359%1h4.9044+7.671%$8K100xas long as short