Funding you earn now, next payment 04:00 UTC−0.0009%/8h= −1.0% APRnext payment −$0.05 per $10,000 · paid last 24h −0.012%
Price spread now: Aster against BloFin+0.386%102s7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$680.685% of the position
Funding, last 5 days (all we have)−0.045%−$5 on $10k
+Price spread, last 3 days (all we have)−0.477%−$48 · spread now +0.386%, 7d avg −0.015%
=Together, before fees−0.522%+ Points / potential airdropAster: Stage 5 · farm board−$52 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.402% dearer against BloFin than usual: you sell high and buy low (spread +0.386% now, against its 7-day average of −0.015%): +$40 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 5 months. At the pace of the last 5 days (−0.045% in total) that is about 47 days. The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ORDI-USDT | 4.9620 | 0.0109 | pay 0.0055% / 4h | 3h 11m | $611K | $315K | 75x |
| Short | Aster ORDIUSDT | 4.9812 | 0.0100 | get 0.0050% / 4h | 3h 11m | $3K | $422K | 5x |
BloFin ORDI-USDT
Aster ORDIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against BloFin. 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
- −$1.96
- Price spread: +0.386% → −0.015%
- $40.17
- Slippage, 4 orders
- −$48.49
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$30.28
- Costs to cover
- 0.685%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 60 min ago; Aster: live order book, 61 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 BloFin live order book, 60 min ago | 3.09 bp | 18.3 bp −$18 | 40.4 bp −$404 | doesn't fit | doesn't fit |
| Sell Aster live order book, 61 min ago | 5.14 bp | 21.7 bp −$22 | doesn't fit | 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 | 4.9762 | +0.285% | $34K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −8.202% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9867 | +0.498% | $722K | $650K | 3x | as long as short |
| Aster ORDIUSDTshort | +0.0100% | 4h | 4.9812 | +0.386% | $3K | $422K | 5x | |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9750 | +0.261% | $10.3M | $31.8M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.9690 | +0.141% | $4.2M | $4.3M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9700 | +0.161% | $5.5M | $17.0M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.9710 | +0.181% | $1.3M | $2.7M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.9760 | +0.282% | $7.2M | $3.4M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.9762 | +0.286% | $942K | $825K | 50x | as long as short |
dYdX ORDI-USD
Injective ORDI/USDC PERP
Hyperliquid ORDI
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
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 | 4.9740 | +0.242% | $2.9M | $3.1M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.9740 | +0.242% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.9437 | −0.368% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.9570 | −0.101% | $2K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.9600 | −0.040% | $90K | $348K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.9756 | +0.274% | $4K | $192K | 5x | as long as short |
| BloFin ORDI-USDTlong | +0.0109% | 4h | 4.9620 | long leg | $611K | $315K | 75x | |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0240% / S −0.3359% | 1h | 4.9614 | −0.012% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.2914% | 1h | 4.9824 | +0.410% | $67K | $39K | 25x | as long as short |
Bitget ORDIUSDT
BingX ORDI-USDC
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD