Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against SunX+0.183%7-day average +0.175% · you sell dearer than you buy
Net, funding: paid 7d − costs−$155as in the Funding arb table
Net, price: spread back to 7d avg − costs−$149as in the Price arb table
costs, in and out, $10k−$1491.494% of the position
Funding, last 7 days−0.055%−$5 on $10k
+Price spread, last 3 days (all we have)−0.029%−$3 · spread now +0.183%, 7d avg +0.175%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ORDI-USDT | 4.9140 | 0.0100 | pay 0.0050% / 4h | 3h 29m | $1K | $1.2M | 20x |
| Short | Binance ORDIUSDT | 4.9230 | 0.0100 | get 0.0050% / 4h | 3h 29m | $10.1M | $31.4M | 50x |
SunX ORDI-USDT
Binance ORDIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against SunX. 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: +0.183% → +0.175%
- $0.78
- Slippage, 4 orders
- −$131.37
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$148.59
- Costs to cover
- 1.494%
- Break-even
- never at this rate
Slippage from SunX: live order book, 4 min ago; Binance: live order book, 12 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 SunX live order book, 4 min ago | 30.63 bp | 79.0 bp −$79 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 1.02 bp | 9.4 bp −$9 | 24.3 bp −$243 | 309.7 bp −$31.0K | doesn't fit |
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-USD | 0.0000% | 1h | 4.9056 | −0.172% | $34K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −7.306% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0083% | 4h | 4.9180 | +0.081% | $605K | $311K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9259 | +0.242% | $714K | $654K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9191 | +0.103% | $5K | $421K | 5x | as long as short |
| Binance ORDIUSDTshort | +0.0100% | 4h | 4.9230 | +0.183% | $10.1M | $31.4M | 50x | |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.9190 | +0.102% | $4.2M | $4.2M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9190 | +0.102% | $5.3M | $16.7M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.9170 | +0.061% | $1.3M | $2.6M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.9200 | +0.122% | $7.2M | $3.3M | 200x | as long as short |
dYdX ORDI-USD
Injective ORDI/USDC PERP
BloFin ORDI-USDT
Hyperliquid ORDI
Aster 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.9166 | +0.053% | $955K | $804K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.9200 | +0.122% | $2.9M | $3.0M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.9180 | +0.081% | — | $27.5M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.9062 | −0.158% | $24K | $56K | — | as long as short |
| SunX ORDI-USDTlong | +0.0100% | 4h | 4.9140 | long leg | $1K | $1.2M | 20x | |
| HTX ORDI-USDT | +0.0100% | 4h | 4.9150 | +0.020% | $89K | $347K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.9187 | +0.096% | $4K | $230K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.9184 | +0.090% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.2944% | 1h | 4.9323 | +0.372% | $66K | $39K | 25x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
HTX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD