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: Aster against Binance0.000%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$550.549% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.012%−$1 on $10k
Price spread, last 4 days (all we have)+0.001%$0 · spread now 0.000%, 7d avg −0.002%
Together, before fees−0.011%+ Points / potential airdropAster: Stage 5 · farm board−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ORDIUSDT4.84300.0100pay 0.0050% / 4h2h 36m$9.8M$30.6M50x
ShortAster ORDIUSDT4.84300.0100get 0.0050% / 4h2h 36m$4K$414K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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: 0.000% → −0.002%
$0.24
Slippage, 4 orders
−$36.89
Fee Binance: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$54.65
Costs to cover
0.549%
Break-even
never at this rate
Slippage from Binance: live order book, 5 min ago; Aster: live order book, 50 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 Binance live order book, 5 min ago1.03 bp12.6 bp −$1327.6 bp −$276doesn't fitdoesn't fit
Sell Aster live order book, 50 min ago6.14 bp17.3 bp −$17doesn'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
Gate ORDI_USDT−0.0008%4h4.8370−0.124%$1.2M$2.7M50xas long as short
dYdX ORDI-USD0.0000%1h4.8385−0.094%$33K$6515xas long as short
Injective ORDI/USDC PERP+0.0033%1h4.5550−5.947%$776$20K5.5xas long as short
Hyperliquid ORDI+0.0100%1h4.8471+0.085%$706K$643K3xas long as short
Aster ORDIUSDTshort+0.0100%4h4.84300.000%$4K$414K5x
Binance ORDIUSDTlong+0.0100%4h4.8430long leg$9.8M$30.6M50x
Bybit ORDIUSDT+0.0100%4h4.8390−0.083%$4.1M$4.1M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.8410−0.041%$5.3M$16.1M20xas long as short
MEXC ORDI_USDT+0.0100%4h4.8440+0.021%$7.1M$3.3M200xas long as short
KuCoin ORDIUSDTM+0.0100%4h4.8383−0.097%$925K$825K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ORDIUSDT+0.0100%4h4.8390−0.083%$2.8M$2.9M50xas long as short
BingX ORDI-USDC+0.0100%4h4.8350−0.165%$2.3Mas long as short
Variational Omni ORDI+0.0100%4h4.8250−0.371%$24K$56Kas long as short
SunX ORDI-USDT+0.0100%4h4.8390−0.083%$2K$1.2M20xas long as short
HTX ORDI-USDT+0.0100%4h4.8400−0.062%$88K$362K75xas long as short
Extended ORDI-USD+0.0104%1h4.8434+0.009%$4K$172K5xas long as short
BloFin ORDI-USDT+0.0109%4h4.8480+0.103%$602K$297K75xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0238% / S −0.3359%1h4.8427−0.005%$8K100xas long as short
Kraken Futures PF_ORDIUSD+0.2506%1h4.8546+0.239%$65K$42K25xas long as short