Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Aster against Extended−0.095%7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$680.685% of the position
Funding, last 5 days (all we have)−0.013%−$1 on $10k
+Price spread, last 4 days (all we have)+0.135%+$13 · spread now −0.095%, 7d avg +0.038%
=Together, before fees+0.121%+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm board+$12 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: Aster is 0.133% cheaper against Extended than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ORDI-USD | 4.8514 | 0.0104 | pay 0.0013% / 1h | 34m 39s | $4K | $172K | 5x |
| Short | Aster ORDIUSDT | 4.8468 | 0.0100 | get 0.0050% / 4h | 2h 34m | $4K | $414K | 5x |
Extended ORDI-USD
Aster ORDIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Extended. 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
- −$0.84
- Price spread: −0.095% → +0.038%
- −$13.31
- Slippage, 4 orders
- −$55.49
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$82.64
- Costs to cover
- 0.685%
- Break-even
- never at this rate
Slippage from Extended: live order book, 51 min ago; Aster: live order book, 52 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 Extended live order book, 51 min ago | 2.77 bp | 16.3 bp −$16 | 133.8 bp −$1,338 | doesn't fit | doesn't fit |
| Sell Aster live order book, 52 min ago | 6.14 bp | 17.3 bp −$17 | 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 | 4.8385 | −0.267% | $33K | $651 | 5x | as long as short |
| Gate ORDI_USDT | +0.0026% | 4h | 4.8440 | −0.152% | $1.2M | $2.7M | 50x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.109% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0070% | 4h | 4.8480 | −0.070% | $603K | $297K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8558 | +0.091% | $707K | $644K | 3x | as long as short |
| Aster ORDIUSDTshort | +0.0100% | 4h | 4.8468 | −0.095% | $4K | $414K | 5x | |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8510 | −0.008% | $9.8M | $30.6M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8440 | −0.152% | $4.1M | $4.1M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8490 | −0.049% | $5.3M | $16.1M | 20x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8510 | −0.008% | $7.1M | $3.3M | 200x | as long as short |
dYdX ORDI-USD
Gate ORDI_USDT
Injective ORDI/USDC PERP
BloFin ORDI-USDT
Hyperliquid ORDI
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
MEXC ORDI_USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8442 | −0.148% | $926K | $825K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8480 | −0.070% | $2.8M | $2.9M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.8470 | −0.091% | — | $24.5M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8363 | −0.310% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8370 | −0.297% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8400 | −0.235% | $88K | $362K | 75x | as long as short |
| Extended ORDI-USDlong | +0.0104% | 1h | 4.8514 | long leg | $4K | $172K | 5x | |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0238% / S −0.3359% | 1h | 4.8465 | −0.102% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.2503% | 1h | 4.8619 | +0.217% | $66K | $42K | 25x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD