Funding you earn now, next payment 04:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.12 per $10,000 · paid last 24h +0.012%
Price spread now: BloFin against Variational Omni+0.623%116s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.623% dearer against Variational Omni than usual: you sell high and buy low: +$62 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 116 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ORDI | 4.9621 | 0.0100 | pay 0.0050% / 4h | 3h 03m | $24K | $56K | — |
| Short | BloFin ORDI-USDT | 4.9930 | 0.0124 | get 0.0062% / 4h | 3h 03m | $620K | $318K | 75x |
Variational Omni ORDI
BloFin ORDI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $5.01
- Price spread: +0.623% → 0.000%
- $62.31
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $55.32
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Variational Omni: no order-book sample; BloFin: live order book, 3 min ago. Net counts fees only.
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 Variational Omni no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 3 min ago | 2.01 bp | 20.2 bp −$20 | 54.4 bp −$544 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ORDI-USD | 0.0000% | 1h | 4.9732 | +0.223% | $34K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −8.204% | $776 | $20K | 5.5x | as long as short |
| Gate ORDI_USDT | +0.0096% | 4h | 4.9580 | −0.082% | $1.3M | $2.7M | 50x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9696 | +0.152% | $719K | $649K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9656 | +0.070% | $3K | $408K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9610 | −0.022% | $10.3M | $32.0M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.9590 | −0.062% | $4.2M | $4.4M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9580 | −0.082% | $5.4M | $17.1M | 20x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.9620 | −0.002% | $7.2M | $3.4M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.9689 | +0.137% | $933K | $825K | 50x | as long as short |
dYdX ORDI-USD
Injective ORDI/USDC PERP
Gate ORDI_USDT
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
MEXC ORDI_USDT
KuCoin ORDIUSDTMShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ORDIUSDT | +0.0100% | 4h | 4.9610 | −0.022% | $2.9M | $3.1M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.9730 | +0.220% | — | $2.3M | — | as long as short |
| Variational Omni ORDIlong | +0.0100% | 4h | 4.9621 | long leg | $24K | $56K | — | |
| SunX ORDI-USDT | +0.0100% | 4h | 5.0000 | +0.764% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 5.0060 | +0.885% | $91K | $351K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.9599 | −0.044% | $4K | $192K | 5x | as long as short |
| BloFin ORDI-USDTshort | +0.0124% | 4h | 4.9930 | +0.623% | $620K | $318K | 75x | |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0240% / S −0.3359% | 1h | 4.9596 | −0.050% | $9K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.2895% | 1h | 5.0153 | +1.072% | $66K | $40K | 25x | as long as short |
Bitget ORDIUSDT
BingX ORDI-USDC
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD