Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%
Price spread now: Gate against Aster−0.104%7-day average −0.047% · 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−$82as in the Price arb table
costs, in and out, $10k−$760.764% of the position
Funding, last 5 days (all we have)−0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.146%+$15 · spread now −0.104%, 7d avg −0.047%
=Together, before fees+0.143%+ 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: Gate is 0.057% cheaper against Aster than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.047%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ORDIUSDT | 4.8781 | 0.0100 | pay 0.0050% / 4h | 32m 42s | $4K | $418K | 5x |
| Short | Gate ORDI_USDT | 4.8730 | 0.0100 | get 0.0050% / 4h | 32m 42s | $1.3M | $2.8M | 50x |
Aster ORDIUSDT
Gate ORDI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.104% → −0.047%
- −$5.65
- Slippage, 4 orders
- −$53.38
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$82.03
- Costs to cover
- 0.764%
- Break-even
- never at this rate
Slippage from Aster: live order book, 45 min ago; Gate: live order book, 5 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, 45 min ago | 6.17 bp | 18.7 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 3.08 bp | 20.8 bp −$21 | 72.9 bp −$729 | 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 | 4.8719 | −0.126% | $33K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.623% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8827 | +0.095% | $709K | $651K | 3x | as long as short |
| Aster ORDIUSDTlong | +0.0100% | 4h | 4.8781 | long leg | $4K | $418K | 5x | |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8772 | −0.017% | $10.0M | $31.2M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8720 | −0.124% | $4.1M | $4.2M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8730 | −0.104% | $5.3M | $16.5M | 20x | as long as short |
| Gate ORDI_USDTshort | +0.0100% | 4h | 4.8730 | −0.104% | $1.3M | $2.8M | 50x | |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8770 | −0.022% | $7.0M | $3.3M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8758 | −0.046% | $935K | $811K | 50x | as long as short |
dYdX ORDI-USD
Injective ORDI/USDC PERP
Hyperliquid ORDI
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
MEXC ORDI_USDT
KuCoin ORDIUSDTMShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8770 | −0.022% | $2.9M | $3.0M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.8740 | −0.083% | — | $24.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8724 | −0.115% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8700 | −0.165% | $2K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8750 | −0.063% | $89K | $355K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8761 | −0.041% | $5K | $172K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0157% | 4h | 4.8760 | −0.042% | $610K | $308K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8742 | −0.079% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.3031% | 1h | 4.8886 | +0.215% | $66K | $43K | 25x | as long as short |
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD