Funding you earn now, next payment 07:00 UTC+0.0071%/8h= +7.7% APRnext payment +$0.09 per $10,000 · paid last 24h +0.021%
Price spread now: Extended against Injective+7.675%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−0.134%−$13 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Extended is 7.675% dearer against Injective than usual: you sell high and buy low: +$768 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 −0.134%, 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 | 47m 09s | $776 | $20K | 5.5x |
| Short | Extended ORDI-USD | 4.9046 | 0.0104 | get 0.0013% / 1h | 47m 09s | $7K | $184K | 5x |
Injective ORDI/USDC PERP
Extended ORDI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $14.84
- Price spread: +7.675% → 0.000%
- $767.5
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $777.32
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Extended: live order book, 59 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 Extended live order book, 59 min ago | 3.39 bp | 17.3 bp −$17 | 132.7 bp −$1,327 | 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 | −0.0542% | 1h | 4.8975 | +7.518% | $70K | $47K | 25x | as long as short |
| Gate ORDI_USDT | −0.0044% | 4h | 4.9040 | +7.662% | $1.3M | $2.7M | 50x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.9041 | +7.664% | $34K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERPlong | +0.0033% | 1h | 4.5550 | long leg | $776 | $20K | 5.5x | |
| BloFin ORDI-USDT | +0.0093% | 4h | 4.9040 | +7.662% | $601K | $314K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9129 | +7.857% | $708K | $667K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9112 | +7.820% | $3K | $432K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9057 | +7.700% | $10.0M | $34.7M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.9020 | +7.618% | $4.1M | $4.8M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9000 | +7.574% | $5.2M | $18.3M | 20x | as long as short |
Kraken Futures PF_ORDIUSD
Gate ORDI_USDT
dYdX ORDI-USD
BloFin ORDI-USDT
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAPShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ORDI_USDT | +0.0100% | 4h | 4.9040 | +7.662% | $6.6M | $3.3M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.9051 | +7.686% | $996K | $829K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.9060 | +7.706% | $2.9M | $3.5M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.9060 | +7.706% | — | $26.9M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8967 | +7.501% | $29K | $39K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8960 | +7.486% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.9090 | +7.772% | $85K | $438K | 75x | as long as short |
| Extended ORDI-USDshort | +0.0104% | 1h | 4.9046 | +7.675% | $7K | $184K | 5x | |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0240% / S −0.3359% | 1h | 4.9011 | +7.597% | $8K | — | 100x | as long as short |
MEXC ORDI_USDT
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]