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

ORDI

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against Aster−0.208%7-day average −0.177% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$1651.651% 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)+0.134%+$13 · spread now −0.208%, 7d avg −0.177%
Together, before fees+0.149%+ Points / potential airdropAster: Stage 5 · farm board+$15 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: SunX is 0.031% 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 −0.177%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ORDIUSDT4.87610.0100pay 0.0050% / 4h1h 09m$4K$416K5x
ShortSunX ORDI-USDT4.86600.0100get 0.0050% / 4h1h 09m$1K$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: −0.208% → −0.177%
−$3.1
Slippage, 4 orders
−$149.07
Fee Aster: 4 bp × 2 orders
−$8
Fee SunX: 4 bp × 2 orders
−$8
Net
−$168.17
Costs to cover
1.651%
Break-even
never at this rate
Slippage from Aster: live order book, 8 min ago; SunX: live order book, 3 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, 8 min ago6.17 bp18.7 bp −$19doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 3 min ago30.83 bp49.8 bp −$50doesn'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%1h4.8709−0.108%$33K$6515xas long as short
Injective ORDI/USDC PERP+0.0033%1h4.5550−6.586%$776$20K5.5xas long as short
Hyperliquid ORDI+0.0100%1h4.8829+0.139%$710K$648K3xas long as short
Aster ORDIUSDTlong+0.0100%4h4.8761long leg$4K$416K5x
Binance ORDIUSDT+0.0100%4h4.8775+0.027%$10.0M$31.0M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.8720−0.085%$4.1M$4.2M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.8740−0.044%$5.3M$16.4M20xas long as short
Gate ORDI_USDT+0.0100%4h4.8720−0.085%$1.3M$2.8M50xas long as short
MEXC ORDI_USDT+0.0100%4h4.8770+0.018%$7.0M$3.3M200xas long as short
KuCoin ORDIUSDTM+0.0100%4h4.8724−0.077%$928K$827K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ORDIUSDT+0.0100%4h4.8760−0.003%$2.9M$3.0M50xas long as short
BingX ORDI-USDC+0.0100%4h4.8640−0.249%$2.3Mas long as short
Variational Omni ORDI+0.0100%4h4.8678−0.170%$24K$56Kas long as short
SunX ORDI-USDTshort+0.0100%4h4.8660−0.208%$1K$1.2M20x
HTX ORDI-USDT+0.0100%4h4.8720−0.085%$89K$362K75xas long as short
Extended ORDI-USD+0.0104%1h4.8750−0.024%$5K$172K5xas long as short
BloFin ORDI-USDT+0.0152%4h4.8710−0.106%$603K$308K75xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0239% / S −0.3359%1h4.8752−0.020%$8K100xas long as short
Kraken Futures PF_ORDIUSD+0.2949%1h4.8851+0.184%$66K$42K25xas long as short