Settings8H · net · $10k
Funding arb · Price arb /

ORDI

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Alert: funding
Alert: spread
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: Bitget against Aster−0.036%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$660.658% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.015%+$1 on $10k
Price spread, last 4 days (all we have)+0.139%+$14 · spread now −0.036%, 7d avg −0.016%
Together, before fees+0.154%+ Points / potential airdropAster: Stage 5 · farm board+$15 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: Bitget is 0.020% cheaper against Aster than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ORDIUSDT4.86670.0100pay 0.0050% / 4h1h 55m$5K$415K5x
ShortBitget ORDIUSDT4.86500.0100get 0.0050% / 4h1h 55m$2.9M$2.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.036% → −0.016%
−$2.03
Slippage, 4 orders
−$45.82
Fee Aster: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$67.85
Costs to cover
0.658%
Break-even
never at this rate
Slippage from Aster: live order book, 27 min ago; Bitget: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 27 min ago5.13 bp15.8 bp −$16doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago3.10 bp18.0 bp −$1839.6 bp −$396doesn't fitdoesn't fit

ORDI on 19 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ORDI-USD0.0000%1h4.8586−0.167%$33K$6515xas long as short
Injective ORDI/USDC PERP+0.0033%1h4.5550−6.406%$776$20K5.5xas long as short
Hyperliquid ORDI+0.0100%1h4.8715+0.098%$708K$646K3xas long as short
Aster ORDIUSDTlong+0.0100%4h4.8667long leg$5K$415K5x
Binance ORDIUSDT+0.0100%4h4.8660−0.015%$9.9M$30.8M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.8640−0.056%$4.1M$4.2M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.8620−0.097%$5.3M$16.2M20xas long as short
Gate ORDI_USDT+0.0100%4h4.8590−0.159%$1.2M$2.7M50xas long as short
MEXC ORDI_USDT+0.0100%4h4.8680+0.026%$7.0M$3.2M200xas long as short
KuCoin ORDIUSDTM+0.0100%4h4.8644−0.048%$930K$823K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ORDIUSDTshort+0.0100%4h4.8650−0.036%$2.9M$2.9M50x
BingX ORDI-USDT+0.0100%4h4.8610−0.118%$24.5Mas long as short
Variational Omni ORDI+0.0100%4h4.8496−0.353%$24K$56Kas long as short
SunX ORDI-USDT+0.0100%4h4.8600−0.139%$1K$1.2M20xas long as short
HTX ORDI-USDT+0.0100%4h4.8630−0.077%$88K$363K75xas long as short
Extended ORDI-USD+0.0104%1h4.8642−0.053%$5K$172K5xas long as short
BloFin ORDI-USDT+0.0126%4h4.8670+0.005%$602K$300K75xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0239% / S −0.3359%1h4.8637−0.062%$8K100xas long as short
Kraken Futures PF_ORDIUSD+0.2954%1h4.8770+0.211%$66K$42K25xas long as short