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

ORDI

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: Aster against dYdX+0.118%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aster is 0.118% dearer against dYdX than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX ORDI-USD4.83460get 0.0000% / 1h47m 28s$33K$6515x
ShortAster ORDIUSDT4.84030.0100get 0.0050% / 4h47m 28s$14K$428K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against dYdX. 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
$21
Price spread: +0.118% → 0.000%
$11.82
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
$14.82
Costs to cover
0.180%
Break-even
2.1 days
Slippage unknown: dYdX: no order-book sample; Aster: live order book, 10 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy dYdX no order-book sample
Sell Aster live order book, 10 min ago6.18 bp21.7 bp −$22doesn't fitdoesn't fitdoesn't fit
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0376%1h4.8350+0.007%$71K$44K25xas long as short
dYdX ORDI-USDlong0.0000%1h4.8346long leg$33K$6515x
Injective ORDI/USDC PERP+0.0033%1h4.5550−5.784%$776$20K5.5xas long as short
Aster ORDIUSDTshort+0.0100%4h4.8403+0.118%$14K$428K5x
Binance ORDIUSDT+0.0100%4h4.8420+0.152%$9.9M$33.7M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.8390+0.090%$4.1M$4.6M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.8380+0.070%$5.2M$17.4M20xas long as short
Gate ORDI_USDT+0.0100%4h4.8370+0.049%$1.2M$2.7M50xas long as short
MEXC ORDI_USDT+0.0100%4h4.8420+0.152%$6.8M$3.4M200xas long as short
KuCoin ORDIUSDTM+0.0100%4h4.8373+0.055%$967K$876K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ORDIUSDT+0.0100%4h4.8410+0.132%$2.9M$3.5M50xas long as short
BingX ORDI-USDC+0.0100%4h4.8350+0.008%$2.3Mas long as short
Variational Omni ORDI+0.0100%4h4.8337−0.020%$24K$55Kas long as short
SunX ORDI-USDT+0.0100%4h4.8330−0.034%$1K$1.2M20xas long as short
HTX ORDI-USDT+0.0100%4h4.8350+0.008%$82K$401K75xas long as short
Extended ORDI-USD+0.0104%1h4.8397+0.105%$5K$185K5xas long as short
BloFin ORDI-USDT+0.0154%4h4.8230−0.241%$599K$302K75xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0239% / S −0.3359%1h4.8385+0.081%$8K100xas long as short
Hyperliquid ORDI+0.0467%1h4.8498+0.314%$698K$660K3xas long as short