ArbiLayer

ORDI arbitrage

live

Live ORDI price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread+0.05%Binance → HTX · Perp–Perp
Best perp–perp spread+0.21%Binance → HTX
Markets tracked1711 venues · 10 perp · 7 spot · 0 DEX
Price range0.35%$4.28 – $4.30

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Bybit logoBybitspot$4.28HTX logoHTX$4.29 +0.14%-0.06% +0.15%— +0.015%— LS Chart →
Gate logoGatespot$4.28HTX logoHTX$4.29 +0.14%-0.06% +0.15%— +0.015%— LS Chart →
Binance logoBinancespot$4.29HTX logoHTX$4.29 +0.09%-0.11% +0.10%— +0.015%— LS Chart →
MEXC logoMEXCspot$4.29HTX logoHTX$4.29 +0.09%-0.11% +0.10%— +0.015%— LS Chart →
Bitget logoBitgetspot$4.29HTX logoHTX$4.29 +0.07%-0.13% +0.07%— +0.015%— LS Chart →
KuCoin logoKuCoinspot$4.29HTX logoHTX$4.29 +0.02%-0.18% +0.03%— +0.015%— LS Chart →
OKX logoOKXspot$4.29HTX logoHTX$4.29 0.00%-0.20% +0.01%— +0.015%— LS Chart →
Bybit logoBybitspot$4.28Bitget logoBitget$4.28 -0.07%-0.27% -0.07%— +0.030%— LS Chart →
Gate logoGatespot$4.28Bitget logoBitget$4.28 -0.07%-0.27% -0.07%— +0.030%— LS Chart →
Bybit logoBybitspot$4.28KuCoin logoKuCoin$4.28 -0.07%-0.27% -0.07%— +0.030%— LS Chart →
Gate logoGatespot$4.28KuCoin logoKuCoin$4.28 -0.07%-0.27% -0.07%— +0.030%— LS Chart →
Bybit logoBybitspot$4.28Binance logoBinance$4.28 -0.09%-0.29% -0.10%— -0.036%— LS Chart →
Bybit logoBybitspot$4.28Bybit logoBybit$4.28 -0.09%-0.29% -0.10%— -0.067%— LS Chart →
Bybit logoBybitspot$4.28MEXC logoMEXC$4.28 -0.09%-0.29% -0.10%— -0.036%— LS Chart →
Bybit logoBybitspot$4.28OKX logoOKX$4.28 -0.09%-0.29% -0.09%— +0.025%— LS Chart →
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

ORDI price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
OKX logoOKXPerpetual · ORDI-USDT-SWAPPerpetual $4.28$4.28$4.28-0.06% +0.025%$10.58M
MEXC logoMEXCPerpetual · ORDI_USDTPerpetual $4.28$4.28$4.28-0.06% -0.036%$3.56M
OKX logoOKXSpot · ORDI-USDTSpot $4.29$4.29$4.29+0.14% —$3.30M
Bybit logoBybitPerpetual · ORDIUSDTPerpetual $4.28$4.28$4.28-0.06% -0.067%$3.06M
Bitget logoBitgetPerpetual · ORDIUSDTPerpetual $4.28$4.28$4.28-0.02% +0.030%$1.44M
KuCoin logoKuCoinPerpetual · ORDIUSDTMPerpetual $4.28$4.28$4.28-0.00% +0.030%$997.3K
Hyperliquid logoHyperliquidPerpetual · ORDIPerpetual $4.28$4.29$4.280.00% +0.030%$373.3K
Gate logoGateSpot · ORDI_USDTSpot $4.28$4.28$4.28+0.00% —$239.3K
HTX logoHTXPerpetual · ORDI-USDTPerpetual $4.29$4.30$4.30+0.29% +0.015%$223.6K
Bybit logoBybitSpot · ORDIUSDTSpot $4.28$4.28$4.28+0.00% —$190.2K
KuCoin logoKuCoinSpot · ORDI-USDTSpot $4.28$4.29$4.29+0.07% —$182.8K
Bitget logoBitgetSpot · ORDIUSDTSpot $4.28$4.29$4.28+0.03% —$143.0K
Variational logoVariationalPerpetual · ORDIPerpetual $4.28$4.28$4.28-0.03% -0.160%$376
Binance logoBinancePerpetual · ORDIUSDTPerpetual $4.28$4.28$4.28-0.06% -0.036%—
Aster logoAsterPerpetual · ORDIUSDTPerpetual $4.28$4.28$4.28-0.06% -0.011%—
Binance logoBinanceSpot · ORDIUSDTSpot $4.28$4.29$4.29+0.05% ——
MEXC logoMEXCSpot · ORDIUSDTSpot $4.28$4.29$4.29+0.05% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

ORDI arbitrage explained

Right now ORDI trades on 11 venues we scan: 10 perpetual markets, 7 spot markets and 0 DEX pools. The lowest ask is on OKX perp at $4.28 and the highest bid on HTX perp at $4.29.

The widest ORDI perpetual spread is between Binance and HTX: long ORDI on Binance at $4.28 and short on HTX at $4.29 for +0.21% gross, or +0.05% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is +0.051% per day, which the position collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best ORDI route is to buy spot on Bybit and short the perpetual on HTX: +0.14% gross, -0.06% net, with +0.015% a day of funding on the short leg.

Spot–spot ORDI arbitrage (buy on Bybit, withdraw, deposit and sell on OKX) shows +0.09% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.

Small ORDI gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: ORDI funding rates · ORDI spread charts · ORDI price · arbitrage scanner for all coins.

Is there a ORDI arbitrage opportunity right now?

The best ORDI route right now is to buy on Binance → sell on HTX (Perp–Perp): +0.21% gross and +0.05% after fees. It is positive after the fee model, but check depth and funding before trading.

Which exchange has the cheapest ORDI?

OKX (perp) has the lowest ORDI ask at $4.28, and HTX (perp) the highest bid at $4.29. Prices update every 15 seconds on this page.

How many exchanges list ORDI?

ArbiLayer tracks 17 ORDI markets on 11 venues: 10 perpetual, 7 spot and 0 DEX pools.

How do I arbitrage ORDI without transferring coins?

Use two perpetual contracts: go long ORDI on the cheaper exchange (Binance now) and short it on the more expensive one (HTX), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins

CRO +16.69%POWER +15.39%OKB +14.66%ONE +7.68%UPC +7.05%ESPORTS +6.88%OPENAI +6.38%BDX +5.15%GAIA +5.03%AI +4.43%CATE +3.56%OURA +3.34%ANTHROPIC +3.30%H100 +3.20%EGLD +2.98%ZIL +2.90%SPCX +2.77%STAMP +2.27%