Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against KuCoin−0.069%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1301.305% of the position
Funding, last 7 days+0.024%+$2 on $10k
+Price spread, last 4 days (all we have)+0.039%+$4 · spread now −0.069%, 7d avg −0.041%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.028% cheaper against KuCoin than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.041%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ORDIUSDTM | 4.8133 | 0.0100 | pay 0.0050% / 4h | 1h 42m | $1.0M | $744K | 50x |
| Short | HTX ORDI-USDT | 4.8100 | 0.0100 | get 0.0050% / 4h | 1h 42m | $83K | $338K | 75x |
KuCoin ORDIUSDTM
HTX ORDI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $0
- Price spread: −0.069% → −0.041%
- −$2.78
- Slippage, 4 orders
- −$106.46
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$133.24
- Costs to cover
- 1.305%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; HTX: live order book, 2 min ago.
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, 4 min ago | 8.31 bp | 46.7 bp −$47 | 1084.2 bp −$10.8K | doesn't fit | doesn't fit |
| Sell HTX live order book, 2 min ago | 12.48 bp | 39.6 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
ORDI on 19 exchanges
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 | −0.1163% | 1h | 4.8068 | −0.134% | $68K | $42K | 25x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8053 | −0.166% | $33K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −5.366% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8200 | +0.139% | $696K | $642K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8150 | +0.035% | $9K | $259K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8150 | +0.036% | $9.8M | $32.2M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8110 | −0.048% | $4.0M | $4.2M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8100 | −0.069% | $5.0M | $17.2M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8130 | −0.006% | $1.2M | $2.6M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8130 | −0.006% | $6.7M | $2.9M | 200x | as long as short |
Kraken Futures PF_ORDIUSD
dYdX ORDI-USD
Injective ORDI/USDC PERP
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
MEXC ORDI_USDTShow all 19 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ORDIUSDTMlong | +0.0100% | 4h | 4.8133 | long leg | $1.0M | $744K | 50x | |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8130 | −0.006% | $2.8M | $3.4M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.8130 | −0.006% | — | $36.4M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8113 | −0.042% | $25K | $33K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8050 | −0.172% | $1K | $1.1M | 20x | as long as short |
| HTX ORDI-USDTshort | +0.0100% | 4h | 4.8100 | −0.069% | $83K | $338K | 75x | |
| Extended ORDI-USD | +0.0104% | 1h | 4.8136 | +0.006% | $2K | $226K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0153% | 4h | 4.8140 | +0.015% | $582K | $284K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0238% / S −0.3359% | 1h | 4.8097 | −0.074% | $8K | — | 100x | as long as short |
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
SunX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]