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: Bitget against SunX+0.164%7-day average +0.159% · you sell dearer than you buy
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$1561.556% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.074%−$7 · spread now +0.164%, 7d avg +0.159%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ORDI-USDT | 4.8690 | 0.0100 | pay 0.0050% / 4h | 2h 59m | $2K | $1.1M | 20x |
| Short | Bitget ORDIUSDT | 4.8770 | 0.0100 | get 0.0050% / 4h | 2h 59m | $2.8M | $3.5M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: +0.164% → +0.159%
- $0.5
- Slippage, 4 orders
- −$135.63
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$155.13
- Costs to cover
- 1.556%
- Break-even
- never at this rate
Slippage from SunX: live order book, 4 min ago; Bitget: live order book, 4 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 | 30.70 bp | 79.2 bp −$79 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 3.07 bp | 13.2 bp −$13 | 33.9 bp −$339 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ORDIUSD | −0.0420% | 1h | 4.8707 | +0.035% | $69K | $43K | 25x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8762 | +0.148% | $33K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.449% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0077% | 4h | 4.8940 | +0.513% | $592K | $297K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8852 | +0.333% | $704K | $641K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8787 | +0.199% | $10K | $344K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8791 | +0.208% | $9.9M | $33.3M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8760 | +0.144% | $4.1M | $4.3M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8730 | +0.082% | $5.2M | $17.6M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8780 | +0.185% | $1.2M | $2.5M | 50x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8760 | +0.144% | $6.8M | $3.1M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8822 | +0.271% | $1.0M | $782K | 50x | as long as short |
| Bitget ORDIUSDTshort | +0.0100% | 4h | 4.8770 | +0.164% | $2.8M | $3.5M | 50x | |
| BingX ORDI-USDT | +0.0100% | 4h | 4.8790 | +0.205% | — | $26.9M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8771 | +0.166% | $25K | $33K | — | as long as short |
| SunX ORDI-USDTlong | +0.0100% | 4h | 4.8690 | long leg | $2K | $1.1M | 20x | |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8810 | +0.246% | $84K | $349K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8772 | +0.168% | $2K | $223K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8831 | +0.290% | $8K | — | 100x | as long as short |
SunX ORDI-USDT
Bitget ORDIUSDT
Kraken Futures PF_ORDIUSD
Injective ORDI/USDC PERP
BloFin ORDI-USDT
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
MEXC ORDI_USDT
KuCoin ORDIUSDTM
BingX ORDI-USDT
Variational Omni ORDI
HTX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]