Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Aster−0.138%7-day average −0.054% · 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−$90as in the Price arb table
costs, in and out, $10k−$810.811% of the position
Funding, last 5 days (all we have)+0.015%+$1 on $10k
+Price spread, last 4 days (all we have)+0.129%+$13 · spread now −0.138%, 7d avg −0.054%
=Together, before fees+0.144%+ Points / potential airdropAster: Stage 5 · farm board+$14 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: Bybit is 0.084% cheaper against Aster than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.054%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ORDIUSDT | 4.8938 | 0.0100 | pay 0.0050% / 4h | 3h 41m | $5K | $421K | 5x |
| Short | Bybit ORDIUSDT | 4.8870 | 0.0100 | get 0.0050% / 4h | 3h 41m | $4.1M | $4.2M | 50x |
Aster ORDIUSDT
Bybit ORDIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.138% → −0.054%
- −$8.44
- Slippage, 4 orders
- −$62.11
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$89.55
- Costs to cover
- 0.811%
- Break-even
- never at this rate
Slippage from Aster: live order book, 31 min ago; Bybit: live order book, 2 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, 31 min ago | 5.14 bp | 14.8 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 1.02 bp | 19.9 bp −$20 | 73.3 bp −$733 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ORDI-USD | 0.0000% | 1h | 4.8882 | −0.113% | $34K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.922% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0084% | 4h | 4.8900 | −0.077% | $605K | $309K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8958 | +0.042% | $710K | $655K | 3x | as long as short |
| Aster ORDIUSDTlong | +0.0100% | 4h | 4.8938 | long leg | $5K | $421K | 5x | |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8902 | −0.072% | $10.0M | $31.5M | 50x | as long as short |
| Bybit ORDIUSDTshort | +0.0100% | 4h | 4.8870 | −0.138% | $4.1M | $4.2M | 50x | |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8840 | −0.200% | $5.3M | $16.5M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8870 | −0.138% | $1.3M | $2.6M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8900 | −0.077% | $7.1M | $3.3M | 200x | as long as short |
dYdX ORDI-USD
Injective ORDI/USDC PERP
BloFin ORDI-USDT
Hyperliquid ORDI
Binance ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
MEXC ORDI_USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8913 | −0.050% | $943K | $808K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8900 | −0.077% | $2.9M | $3.0M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.8870 | −0.138% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8877 | −0.123% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8870 | −0.138% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8870 | −0.138% | $89K | $355K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8882 | −0.113% | $5K | $206K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8883 | −0.112% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.2961% | 1h | 4.9036 | +0.201% | $66K | $40K | 25x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDC
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD