Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against SunX+0.082%7-day average +0.159% · you sell dearer than you buy
Net, funding: paid 7d − costs−$165as in the Funding arb table
Net, price: spread back to 7d avg − costs−$166as in the Price arb table
costs, in and out, $10k−$1581.583% of the position
Funding, last 7 days−0.062%−$6 on $10k
+Price spread, last 3 days (all we have)−0.059%−$6 · spread now +0.082%, 7d avg +0.159%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.078% cheaper against SunX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.159%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ORDI-USDT | 4.9010 | 0.0100 | pay 0.0050% / 4h | 3h 30m | $2K | $1.2M | 20x |
| Short | OKX ORDI-USDT-SWAP | 4.9050 | 0.0100 | get 0.0050% / 4h | 3h 30m | $5.4M | $16.1M | 20x |
SunX ORDI-USDT
OKX ORDI-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.082% → +0.159%
- −$7.77
- Slippage, 4 orders
- −$140.32
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$166.09
- Costs to cover
- 1.583%
- Break-even
- never at this rate
Slippage from SunX: live order book, 4 min ago; OKX: 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 | 30.71 bp | 79.2 bp −$79 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 1.02 bp | 15.4 bp −$15 | 54.9 bp −$549 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ORDI-USD | 0.0000% | 1h | 4.9054 | +0.090% | $34K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −7.060% | $776 | $20K | 5.5x | as long as short |
| Gate ORDI_USDT | +0.0060% | 4h | 4.9040 | +0.061% | $1.3M | $2.7M | 50x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9142 | +0.269% | $5K | $416K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9086 | +0.156% | $10.1M | $30.2M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.9050 | +0.082% | $4.1M | $4.0M | 50x | as long as short |
| OKX ORDI-USDT-SWAPshort | +0.0100% | 4h | 4.9050 | +0.082% | $5.4M | $16.1M | 20x | |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.9110 | +0.204% | $7.1M | $3.2M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.9061 | +0.104% | $913K | $821K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.9070 | +0.122% | $2.9M | $2.9M | 50x | as long as short |
dYdX ORDI-USD
Injective ORDI/USDC PERP
Gate ORDI_USDT
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
MEXC ORDI_USDT
KuCoin ORDIUSDTM
Bitget ORDIUSDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ORDI-USDC | +0.0100% | 4h | 4.9030 | +0.041% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.9049 | +0.080% | $24K | $56K | — | as long as short |
| SunX ORDI-USDTlong | +0.0100% | 4h | 4.9010 | long leg | $2K | $1.2M | 20x | |
| HTX ORDI-USDT | +0.0100% | 4h | 4.9060 | +0.102% | $85K | $352K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.9101 | +0.185% | $5K | $172K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0148% | 4h | 4.9050 | +0.082% | $616K | $287K | 75x | as long as short |
| Hyperliquid ORDI | +0.0235% | 1h | 4.9187 | +0.361% | $911K | $534K | 3x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.9085 | +0.152% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.0568% | 1h | 4.9185 | +0.357% | $66K | $42K | 25x | as long as short |
BingX ORDI-USDC
Variational Omni ORDI
HTX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
Hyperliquid ORDI
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD