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

ORDI

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Aster−0.053%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1171.173% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.011%+$1 on $10k
Price spread, last 4 days (all we have)+0.087%+$9 · spread now −0.053%, 7d avg −0.027%
Together, before fees+0.098%+ Points / potential airdropAster: Stage 5 · 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: KuCoin is 0.026% cheaper against Aster than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.027%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ORDIUSDT4.87700.0100pay 0.0050% / 4h38m 48s$4K$418K5x
ShortKuCoin ORDIUSDTM4.87440.0100get 0.0050% / 4h38m 48s$986K$786K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.053% → −0.027%
−$2.63
Slippage, 4 orders
−$97.26
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$119.89
Costs to cover
1.173%
Break-even
never at this rate
Slippage from Aster: live order book, 64 min ago; KuCoin: live order book, 56 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, 64 min ago6.11 bp15.3 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 56 min ago8.08 bp34.1 bp −$34542.3 bp −$5,423doesn'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
Kraken Futures PF_ORDIUSD−0.0305%1h4.8726−0.090%$69K$43K25xas long as short
Gate ORDI_USDT−0.0058%4h4.8750−0.041%$1.2M$2.7M50xas long as short
dYdX ORDI-USD0.0000%1h4.8770+0.001%$33K$5775xas long as short
Injective ORDI/USDC PERP+0.0033%1h4.5550−6.602%$776$20K5.5xas long as short
Hyperliquid ORDI+0.0100%1h4.8839+0.142%$706K$665K3xas long as short
Aster ORDIUSDTlong+0.0100%4h4.8770long leg$4K$418K5x
Binance ORDIUSDT+0.0100%4h4.8790+0.040%$10.0M$34.0M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.8760−0.020%$4.1M$4.6M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.87700.000%$5.2M$17.8M20xas long as short
MEXC ORDI_USDT+0.0100%4h4.8780+0.021%$6.6M$3.3M200xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ORDIUSDTMshort+0.0100%4h4.8744−0.053%$986K$786K50x
Bitget ORDIUSDT+0.0100%4h4.87700.000%$2.8M$3.5M50xas long as short
BingX ORDI-USDC+0.0100%4h4.8860+0.185%$2.3Mas long as short
Variational Omni ORDI+0.0100%4h4.8910+0.288%$26K$33Kas long as short
SunX ORDI-USDT+0.0100%4h4.8660−0.225%$2K$1.2M20xas long as short
HTX ORDI-USDT+0.0100%4h4.8680−0.184%$85K$385K75xas long as short
Extended ORDI-USD+0.0104%1h4.8777+0.014%$6K$221K5xas long as short
BloFin ORDI-USDT+0.0139%4h4.87700.000%$590K$302K75xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0239% / S −0.3359%1h4.8756−0.030%$8K100xas long as short