Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Aster−0.070%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$500.496% of the position
Funding, last 5 days (all we have)+0.015%+$1 on $10k
+Price spread, last 4 days (all we have)+0.414%+$41 · spread now −0.070%, 7d avg −0.020%
=Together, before fees+0.429%+ Points / potential airdropAster: Stage 5 · farm board+$43 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.050% cheaper against Aster than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ORDIUSDT | 4.8404 | 0.0100 | pay 0.0050% / 4h | 2h 45m | $4K | $414K | 5x |
| Short | BingX ORDI-USDT | 4.8370 | 0.0100 | get 0.0050% / 4h | 2h 45m | — | $24.5M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Aster. 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
- Price spread: −0.070% → −0.020%
- −$4.98
- Slippage, 4 orders
- −$31.58
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$54.56
- Costs to cover
- 0.496%
- Break-even
- never at this rate
Slippage from Aster: live order book, 41 min ago; BingX: live order book, 8 min ago.
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 Aster live order book, 41 min ago | 6.14 bp | 18.2 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 1.03 bp | 6.8 bp −$7 | 12.1 bp −$121 | 42.5 bp −$4,249 | 307.4 bp −$153.7K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ORDI_USDT | −0.0002% | 4h | 4.8350 | −0.111% | $1.2M | $2.7M | 50x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8373 | −0.064% | $33K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −5.896% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0094% | 4h | 4.8410 | +0.013% | $605K | $297K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8436 | +0.066% | $706K | $643K | 3x | as long as short |
| Aster ORDIUSDTlong | +0.0100% | 4h | 4.8404 | long leg | $4K | $414K | 5x | |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8393 | −0.022% | $9.8M | $30.6M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8350 | −0.111% | $4.1M | $4.1M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8350 | −0.111% | $5.3M | $16.0M | 20x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8390 | −0.029% | $7.1M | $3.3M | 200x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8369 | −0.072% | $924K | $829K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8380 | −0.049% | $2.8M | $2.9M | 50x | as long as short |
| BingX ORDI-USDTshort | +0.0100% | 4h | 4.8370 | −0.070% | — | $24.5M | — | |
| Variational Omni ORDI | +0.0100% | 4h | 4.8375 | −0.059% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8330 | −0.153% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8360 | −0.091% | $88K | $362K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8389 | −0.030% | $4K | $172K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0238% / S −0.3359% | 1h | 4.8385 | −0.038% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.2510% | 1h | 4.8484 | +0.165% | $65K | $42K | 25x | as long as short |
Aster ORDIUSDT
BingX ORDI-USDT
Gate ORDI_USDT
Injective ORDI/USDC PERP
BloFin ORDI-USDT
Hyperliquid ORDI
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
MEXC ORDI_USDT
KuCoin ORDIUSDTM
Bitget ORDIUSDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD