Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: dYdX against KuCoin−0.005%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ORDIUSDTM | 4.9043 | 0.0100 | pay 0.0050% / 4h | 2h 57m | $943K | $841K | 50x |
| Short | dYdX ORDI-USD | 4.9041 | 0 | get 0.0000% / 1h | 57m 20s | $34K | $651 | 5x |
KuCoin ORDIUSDTM
dYdX ORDI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against KuCoin. 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
- −$21
- Price spread: −0.005% → 0.000%
- −$0.47
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$43.47
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 2 min ago; dYdX: no order-book sample. 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 KuCoin live order book, 2 min ago | 8.65 bp | 39.6 bp −$40 | 1083.6 bp −$10.8K | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ORDI-USDshort | 0.0000% | 1h | 4.9041 | −0.005% | $34K | $651 | 5x | |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −7.122% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9096 | +0.108% | $710K | $651K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9028 | −0.030% | $6K | $413K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8988 | −0.113% | $10.1M | $32.4M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8980 | −0.128% | $4.2M | $4.5M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8930 | −0.230% | $5.3M | $17.0M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8960 | −0.169% | $1.3M | $2.6M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.9050 | +0.014% | $7.1M | $3.4M | 200x | as long as short |
| KuCoin ORDIUSDTMlong | +0.0100% | 4h | 4.9043 | long leg | $943K | $841K | 50x |
Injective ORDI/USDC PERP
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
MEXC ORDI_USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8960 | −0.169% | $2.9M | $3.3M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.9050 | +0.014% | — | $27.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.9266 | +0.455% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8910 | −0.271% | $2K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.9000 | −0.088% | $89K | $352K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8968 | −0.153% | $2K | $195K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0134% | 4h | 4.9190 | +0.300% | $617K | $313K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8961 | −0.167% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.3046% | 1h | 4.9102 | +0.120% | $65K | $40K | 25x | as long as short |
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD