Establishing correct correspondences between two images should consider both local and global spatial context. Given putative correspondences of feature points in two views, in this paper, we propose Order-Aware Network, which infers the probabilities of correspondences being inliers and regresses the relative pose encoded by the essential or fundamental matrix. Specifically, this proposed network is built hierarchically and comprises three operations. First, to capture the local context of sparse correspondences, the network clusters unordered input correspondences by learning a soft assignment matrix. These clusters are in canonical order and invariant to input permutations. Next, the clusters are spatially correlated to encode the global context of correspondences. After that, the context-encoded clusters are interpolated back to the original size and position to build a hierarchical architecture. We intensively experiment on both outdoor and indoor datasets. The accuracy of the two-view geometry and correspondences are significantly improved over the state-of-the-arts. Besides, based on the proposed method and advanced local feature, we won the first place in CVPR 2019 image matching workshop challenge and also achieve state-of-the-art results in the Visual Localization benchmark. Code is available at https://github.com/zjhthu/OANet.