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

ORDI

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Alert: funding
Alert: spread
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: HTX against Aster+0.064%7-day average −0.063% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$770.770% 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 3 days (all we have)−0.031%−$3 · spread now +0.064%, 7d avg −0.063%
Together, before fees−0.016%+ Points / potential airdropAster: Stage 5 · farm board−$2 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: HTX is 0.127% dearer against Aster than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.063%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ORDIUSDT4.88290.0100pay 0.0050% / 4h3h 56m$5K$420K5x
ShortHTX ORDI-USDT4.88600.0100get 0.0050% / 4h3h 56m$89K$355K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: +0.064% → −0.063%
$12.71
Slippage, 4 orders
−$57.05
Fee Aster: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$64.33
Costs to cover
0.770%
Break-even
never at this rate
Slippage from Aster: live order book, 16 min ago; HTX: live order book, 17 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, 16 min ago5.14 bp14.8 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 17 min ago12.35 bp20.5 bp −$20doesn't fitdoesn'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%1h4.8823−0.012%$33K$6515xas long as short
Injective ORDI/USDC PERP+0.0033%1h4.5550−6.715%$776$20K5.5xas long as short
BloFin ORDI-USDT+0.0067%4h4.8860+0.064%$601K$310K75xas long as short
Hyperliquid ORDI+0.0100%1h4.8914+0.174%$710K$654K3xas long as short
Aster ORDIUSDTlong+0.0100%4h4.8829long leg$5K$420K5x
Binance ORDIUSDT+0.0100%4h4.8823−0.012%$10.0M$31.5M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.8770−0.121%$4.1M$4.3M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.8760−0.141%$5.3M$16.6M20xas long as short
Gate ORDI_USDT+0.0100%4h4.8790−0.080%$1.3M$2.6M50xas long as short
MEXC ORDI_USDT+0.0100%4h4.8830+0.002%$7.0M$3.3M200xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ORDIUSDTM+0.0100%4h4.8809−0.041%$941K$813K50xas long as short
Bitget ORDIUSDT+0.0100%4h4.8840+0.023%$2.9M$3.0M50xas long as short
BingX ORDI-USDT+0.0100%4h4.8820−0.018%$24.3Mas long as short
Variational Omni ORDI+0.0100%4h4.8848+0.040%$24K$56Kas long as short
SunX ORDI-USDT+0.0100%4h4.8730−0.203%$1K$1.2M20xas long as short
HTX ORDI-USDTshort+0.0100%4h4.8860+0.064%$89K$355K75x
Extended ORDI-USD+0.0104%1h4.8819−0.021%$5K$168K5xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0239% / S −0.3359%1h4.8799−0.060%$8K100xas long as short
Kraken Futures PF_ORDIUSD+0.2967%1h4.8945+0.238%$66K$43K25xas long as short