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

ORDI

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Variational Omni+0.089%7-day average · you sell dearer than you buy
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.089% dearer against Variational Omni than usual: you sell high and buy low, +$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ORDI4.88560.0100pay 0.0050% / 4h2h 52m$24K$42K
ShortBitget ORDIUSDT4.89000.0100get 0.0050% / 4h2h 52m$2.9M$3.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Variational Omni. 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
$0
Price spread: +0.089% → 0.000%
$8.91
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$3.09
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; Bitget: live order book, 5 min ago. 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 Variational Omni no order-book sample
Sell Bitget live order book, 5 min ago3.07 bp15.9 bp −$1640.4 bp −$404doesn't fitdoesn't fit
Variational Omni: 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
Kraken Futures PF_ORDIUSD−0.0715%1h4.8780−0.155%$69K$47K25xas long as short
Gate ORDI_USDT−0.0404%4h4.8870+0.028%$1.3M$2.7M50xas long as short
dYdX ORDI-USD0.0000%1h4.8841−0.031%$33K$5775xas long as short
Injective ORDI/USDC PERP+0.0033%1h4.5550−6.768%$776$20K5.5xas long as short
Hyperliquid ORDI+0.0100%1h4.8981+0.255%$707K$665K3xas long as short
Aster ORDIUSDT+0.0100%4h4.8887+0.063%$7K$427K5xas long as short
Binance ORDIUSDT+0.0100%4h4.8928+0.147%$10.0M$33.9M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.8850−0.013%$4.1M$4.7M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.8900+0.089%$5.3M$17.7M20xas long as short
MEXC ORDI_USDT+0.0100%4h4.8920+0.130%$6.6M$3.3M200xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ORDIUSDTM+0.0100%4h4.8885+0.058%$975K$822K50xas long as short
Bitget ORDIUSDTshort+0.0100%4h4.8900+0.089%$2.9M$3.5M50x
BingX ORDI-USDC+0.0100%4h4.8800−0.116%$2.3Mas long as short
Variational Omni ORDIlong+0.0100%4h4.8856long leg$24K$42K
SunX ORDI-USDT+0.0100%4h4.8760−0.197%$1K$1.2M20xas long as short
HTX ORDI-USDT+0.0100%4h4.8790−0.136%$82K$408K75xas long as short
Extended ORDI-USD+0.0104%1h4.8867+0.022%$4K$180K5xas long as short
BloFin ORDI-USDT+0.0133%4h4.8860+0.007%$602K$307K75xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0239% / S −0.3359%1h4.8877+0.042%$8K100xas long as short