ORDI perpetual futures
ORDI perpetual contracts on 7 reviewed venues.
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Funding rates
Annualized rates across exchanges
BinanceCEX
BybitCEX
OKXCEX
BitgetCEX
MEXCCEX
Gate.ioCEX
Open interest
Per-exchange open interest
OKXBybitBitget
KuCoin
HyperliquidGate.ioWhat the ORDI data shows
11 of 15 venues quote the same ORDI funding rate, +10.95% a year. The exceptions are GMX at +19.92%, BloFin at +17.16%, dYdX at 0.00%, and 1 more.
No venue holds half of the $12.6m in reported ORDI open interest. OKX has the largest share, 35.1%, and Bybit is next with 24.0%.
The ORDI settlement periods differ: 11 venues settle every 4 hours; 3 venues settle every hour.
Hyperliquid quoted ORDI at $4.75 and KuCoin at $4.74, a gap of 21.5 bps.
- Source: public APIs of 15 venues for ORDI, read at October 2, 2026, 13:26 UTC.
Where to Trade ORDI Perpetual Futures
Fees and leverage limits apply venue-wide; confirm ORDI limits with the venue.
ORDI market overview
ORDI is the first BRC-20 token on Bitcoin, representing the Bitcoin ordinals and inscription ecosystem. ORDI perpetual futures are available on major centralized exchanges and serve as a proxy for Bitcoin ecosystem innovation sentiment. ORDI perps experience extreme volatility during Bitcoin inscription surges, with funding rates swinging wildly as speculative interest ebbs and flows.
ORDI was the first BRC-20 token on Bitcoin ordinals, and its market structure reflects that novelty: perp liquidity concentrates on a handful of CEX venues, and the underlying's transferability depends on Bitcoin fee conditions. High BTC fee regimes have historically coincided with erratic ORDI perp behavior.
Frequently Asked Questions — ORDI
What funding data is available for ORDI?
15 venues report an ORDI funding rate in this read.
An annualized ORDI rate extrapolates one reading and does not predict a return.
What open interest data is available for ORDI?
10 venues report positive ORDI open interest in this read.
The ORDI total leaves out venues outside the read.
Which mapped venue has the lowest recorded ORDI taker fee?
DESK lists 0.017% and SynFutures lists 0.020%, the two lowest of 6 mapped ORDI maker/taker schedules.
1 ORDI venue charges a position fee and is not compared.
Category: Infrastructure