Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Variational Omni−0.125%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 · Extended: 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: Extended is 0.125% cheaper against Variational Omni than usual: you would sell low and buy high, −$12 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ORDI | 4.8268 | 0.0100 | pay 0.0050% / 4h | 2h 28m | $24K | $42K | — |
| Short | Extended ORDI-USD | 4.8207 | 0.0104 | get 0.0013% / 1h | 28m 07s | $2K | $180K | 5x |
Variational Omni ORDI
Extended ORDI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $0.84
- Price spread: −0.125% → 0.000%
- −$12.5
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$16.66
- Costs to cover
- 0.050%
- Break-even
- 145.8 days
Slippage unknown: Variational Omni: no order-book sample; Extended: live order book, 18 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 Extended live order book, 18 min ago | 3.39 bp | 17.3 bp −$17 | 132.7 bp −$1,327 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ORDIUSD | −0.0724% | 1h | 4.8172 | −0.198% | $68K | $47K | 25x | as long as short |
| Gate ORDI_USDT | −0.0160% | 4h | 4.8190 | −0.161% | $1.2M | $2.8M | 50x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8272 | +0.010% | $33K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −5.630% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8230 | −0.078% | $696K | $666K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8252 | −0.033% | $7K | $427K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8250 | −0.036% | $9.9M | $34.1M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8180 | −0.181% | $4.1M | $4.7M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8190 | −0.161% | $5.2M | $17.7M | 20x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8240 | −0.057% | $6.4M | $3.3M | 200x | as long as short |
Kraken Futures PF_ORDIUSD
Gate ORDI_USDT
dYdX ORDI-USD
Injective ORDI/USDC PERP
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
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 | 4.8254 | −0.028% | $956K | $824K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8210 | −0.119% | $2.8M | $3.5M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.8330 | +0.129% | — | $2.3M | — | as long as short |
| Variational Omni ORDIlong | +0.0100% | 4h | 4.8268 | long leg | $24K | $42K | — | |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8160 | −0.223% | $2K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8180 | −0.181% | $84K | $431K | 75x | as long as short |
| Extended ORDI-USDshort | +0.0104% | 1h | 4.8207 | −0.125% | $2K | $180K | 5x | |
| BloFin ORDI-USDT | +0.0143% | 4h | 4.8380 | +0.233% | $595K | $305K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8195 | −0.150% | $8K | — | 100x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDC
SunX ORDI-USDT
HTX ORDI-USDT
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]