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

ORDI

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Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC−0.0100%/8hpaid last 24h −0.030%
Price spread now: dYdX against MEXC−0.072%7-day average · you buy dearer than you sell
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.072% cheaper against MEXC than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ORDI_USDT4.91100.0100pay 0.0050% / 4h23m 43s$6.7M$3.1M200x
ShortdYdX ORDI-USD4.90750get 0.0000% / 1h23m 43s$34K$6515x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against MEXC. 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
−$21
Price spread: −0.072% → 0.000%
−$7.23
Slippage, 4 orders
no order book: not counted
Fee MEXC: 0 bp × 2 orders
$0
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$38.23
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 8 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
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 8 min ago1.02 bp4.9 bp −$515.4 bp −$15451.6 bp −$5,161103.5 bp −$51.7K
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ORDI-USDshort0.0000%1h4.9075−0.072%$34K$6515x
Injective ORDI/USDC PERP+0.0033%1h4.5550−7.249%$776$20K5.5xas long as short
Gate ORDI_USDT+0.0094%4h4.9090−0.041%$1.3M$2.7M50xas long as short
Hyperliquid ORDI+0.0100%1h4.9173+0.128%$913K$531K3xas long as short
Aster ORDIUSDT+0.0100%4h4.9140+0.061%$7K$415K5xas long as short
Binance ORDIUSDT+0.0100%4h4.9105−0.009%$10.0M$29.9M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.9040−0.143%$4.1M$4.0M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.9040−0.143%$5.4M$15.9M20xas long as short
MEXC ORDI_USDTlong+0.0100%4h4.9110long leg$6.7M$3.1M200x
KuCoin ORDIUSDTM+0.0100%4h4.9087−0.047%$897K$816K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ORDIUSDT+0.0100%4h4.9090−0.041%$2.9M$2.8M50xas long as short
BingX ORDI-USDC+0.0100%4h4.9080−0.061%$2.3Mas long as short
Variational Omni ORDI+0.0100%4h4.8905−0.418%$24K$56Kas long as short
SunX ORDI-USDT+0.0100%4h4.9080−0.061%$1K$1.2M20xas long as short
HTX ORDI-USDT+0.0100%4h4.9090−0.041%$85K$349K75xas long as short
Extended ORDI-USD+0.0104%1h4.9125+0.031%$5K$172K5xas long as short
BloFin ORDI-USDT+0.0128%4h4.9200+0.183%$627K$295K75xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0239% / S −0.3359%1h4.9168+0.118%$8K100xas long as short
Kraken Futures PF_ORDIUSD+0.0302%1h4.9111+0.001%$65K$35K25xas long as short