After costs, if the gap returns to its 7d average, $10k−$74
spread now−0.103%7d average−0.004%fees + slippage, in and out−$64spread needed0.637%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ORDI-USDT-SWAP | 4.8650 | 0.0100 | pay 0.0050% / 4h | 1h 57m | $5.3M | $15.9M | 20x |
| Short | Bitget ORDIUSDT | 4.8600 | 0.0100 | get 0.0050% / 4h | 1h 57m | $2.9M | $2.8M | 50x |
OKX ORDI-USDT-SWAP
Bitget ORDIUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$10.28
- Funding while held
- $0
- Slippage, 4 orders
- −$41.71
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$73.98
- Spread needed to break even
- 0.637%
Slippage from OKX: live order book, 2 min ago; Bitget: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- Average in range /8h
- —
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 OKX live order book, 2 min ago | 1.03 bp | 11.1 bp −$11 | 42.2 bp −$422 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 3.09 bp | 19.8 bp −$20 | 42.8 bp −$428 | doesn't fit | doesn't fit |
ORDI price on every exchange
against the cheapest. Click to use as the short leg.Injective4.5550cheapest
SunX4.8520+6.520%Bybit4.8560+6.608%HTX4.8570+6.630%dYdX4.8587+6.668%Gate4.8600+6.696%
Injective
SunX
Bybit
HTX
dYdX
GateBitget4.8600+6.696%
Aster4.8605+6.708%GMX4.8606+6.709%BingX4.8610+6.718%KuCoin4.8614+6.727%Kraken Futures4.8615+6.729%Extended4.8617+6.734%MEXC4.8630+6.762%Binance4.8640+6.784%BloFin4.8640+6.784%
Aster
GMX
BingX
KuCoin
Kraken Futures
Extended
MEXC
Binance
BloFinOKX4.8650+6.806%
Hyperliquid4.8660+6.828%Variational Omni4.8665+6.838%
Hyperliquid
Variational OmniORDI on 19 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ORDI/USDC PERP | −6.372% | +0.0033% | 1h | $776 | $20K | 5.5x | as long as short |
| SunX ORDI-USDT | −0.267% | +0.0100% | 4h | $2K | $1.2M | 20x | as long as short |
| Bybit ORDIUSDT | −0.185% | +0.0100% | 4h | $4.1M | $3.8M | 50x | as long as short |
| HTX ORDI-USDT | −0.164% | +0.0100% | 4h | $84K | $346K | 75x | as long as short |
| dYdX ORDI-USD | −0.129% | 0.0000% | 1h | $33K | $651 | 5x | as long as short |
| Gate ORDI_USDT | −0.103% | −0.0014% | 4h | $1.3M | $2.6M | 50x | as long as short |
| Bitget ORDIUSDTshort | −0.103% | +0.0100% | 4h | $2.9M | $2.8M | 50x | |
| Aster ORDIUSDT | −0.092% | +0.0100% | 4h | $17K | $404K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | −0.090% | L +0.0239% / S −0.3359% | 1h | $8K | — | 100x | as long as short |
| BingX ORDI-USDT | −0.082% | +0.0100% | 4h | — | $26.8M | — | as long as short |
Show all 19 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin ORDIUSDTM | −0.074% | +0.0100% | 4h | $906K | $795K | 50x | as long as short |
| Kraken Futures PF_ORDIUSD | −0.072% | +0.0197% | 1h | $64K | $35K | 25x | as long as short |
| Extended ORDI-USD | −0.067% | +0.0104% | 1h | $5K | $172K | 5x | as long as short |
| MEXC ORDI_USDT | −0.041% | +0.0100% | 4h | $6.6M | $3.1M | 200x | as long as short |
| Binance ORDIUSDT | −0.021% | +0.0100% | 4h | $9.9M | $29.2M | 50x | as long as short |
| BloFin ORDI-USDT | −0.021% | +0.0060% | 4h | $635K | $297K | 75x | as long as short |
| OKX ORDI-USDT-SWAPlong | 0.000% | +0.0100% | 4h | $5.3M | $15.9M | 20x | |
| Hyperliquid ORDI | +0.021% | +0.0100% | 1h | $904K | $531K | 3x | as long as short |
| Variational Omni ORDI | +0.030% | +0.0100% | 4h | $24K | $58K | — | as long as short |