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

ORDI

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Aster+0.061%7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$680.679% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.014%+$1 on $10k
Price spread, last 4 days (all we have)−0.110%−$11 · spread now +0.061%, 7d avg −0.038%
Together, before fees−0.097%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board−$10 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: Extended is 0.099% dearer against Aster than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.038%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ORDIUSDT4.90780.0100pay 0.0050% / 4h2h 29m$7K$422K5x
ShortExtended ORDI-USD4.91080.0104get 0.0013% / 1h29m 08s$5K$193K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: +0.061% → −0.038%
$9.92
Slippage, 4 orders
−$54.87
Fee Aster: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$57.11
Costs to cover
0.679%
Break-even
482.9 days
Slippage from Aster: live order book, 38 min ago; Extended: live order book, 37 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, 38 min ago5.02 bp17.7 bp −$18doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 37 min ago3.63 bp16.6 bp −$17133.0 bp −$1,330doesn't fitdoesn't fit

ORDI on 18 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%1h4.9052−0.053%$34K$6515xas long as short
Injective ORDI/USDC PERP+0.0033%1h4.5550−7.189%$776$20K5.5xas long as short
Hyperliquid ORDI+0.0100%1h4.9196+0.240%$711K$662K3xas long as short
Aster ORDIUSDTlong+0.0100%4h4.9078long leg$7K$422K5x
Binance ORDIUSDT+0.0100%4h4.9098+0.041%$10.1M$33.2M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.9080+0.004%$4.2M$4.6M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.9120+0.085%$5.3M$17.6M20xas long as short
Gate ORDI_USDT+0.0100%4h4.9090+0.024%$1.3M$2.7M50xas long as short
MEXC ORDI_USDT+0.0100%4h4.9080+0.004%$7.1M$3.5M200xas long as short
KuCoin ORDIUSDTM+0.0100%4h4.9075−0.006%$920K$871K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ORDIUSDT+0.0100%4h4.9070−0.017%$2.9M$3.4M50xas long as short
BingX ORDI-USDC+0.0100%4h4.9060−0.037%$2.3Mas long as short
Variational Omni ORDI+0.0100%4h4.9062−0.032%$24K$56Kas long as short
SunX ORDI-USDT+0.0100%4h4.8970−0.220%$2K$1.2M20xas long as short
HTX ORDI-USDT+0.0100%4h4.9010−0.139%$89K$356K75xas long as short
Extended ORDI-USDshort+0.0104%1h4.9108+0.061%$5K$193K5x
GMX ORDI/USD [WBTC.b-USDC]L +0.0240% / S −0.3359%1h4.9085+0.014%$8K100xas long as short
Kraken Futures PF_ORDIUSD+0.3054%1h4.8978−0.203%$72K$48K25xas long as short