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 HTX+0.100%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$780.783% 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)−0.122%−$12 · spread now +0.100%, 7d avg +0.061%
Together, before fees−0.137%+ Points / potential airdropAster: Stage 5 · farm board−$14 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 0.038% dearer against HTX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.061%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ORDI-USDT4.83600.0100pay 0.0050% / 4h2h 49m$88K$362K75x
ShortAster ORDIUSDT4.84080.0100get 0.0050% / 4h2h 49m$4K$414K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against HTX. 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: +0.100% → +0.061%
$3.83
Slippage, 4 orders
−$58.33
Fee HTX: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$74.5
Costs to cover
0.783%
Break-even
never at this rate
Slippage from HTX: live order book, 38 min ago; Aster: live order book, 37 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 HTX live order book, 38 min ago4.10 bp12.4 bp −$12doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 37 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−0.0018%4h4.83600.000%$1.2M$2.7M50xas long as short
dYdX ORDI-USD0.0000%1h4.8373+0.027%$33K$6515xas long as short
Injective ORDI/USDC PERP+0.0033%1h4.5550−5.811%$776$20K5.5xas long as short
BloFin ORDI-USDT+0.0086%4h4.8310−0.103%$605K$296K75xas long as short
Hyperliquid ORDI+0.0100%1h4.8451+0.188%$707K$643K3xas long as short
Aster ORDIUSDTshort+0.0100%4h4.8408+0.100%$4K$414K5x
Binance ORDIUSDT+0.0100%4h4.8428+0.140%$9.8M$30.6M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.8370+0.021%$4.1M$4.1M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.8340−0.041%$5.3M$16.0M20xas long as short
MEXC ORDI_USDT+0.0100%4h4.8430+0.145%$7.2M$3.3M200xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ORDIUSDTM+0.0100%4h4.8374+0.029%$925K$829K50xas long as short
Bitget ORDIUSDT+0.0100%4h4.8390+0.062%$2.8M$2.9M50xas long as short
BingX ORDI-USDC+0.0100%4h4.8310−0.103%$2.3Mas long as short
Variational Omni ORDI+0.0100%4h4.8245−0.237%$24K$56Kas long as short
SunX ORDI-USDT+0.0100%4h4.8350−0.021%$1K$1.2M20xas long as short
HTX ORDI-USDTlong+0.0100%4h4.8360long leg$88K$362K75x
Extended ORDI-USD+0.0104%1h4.8405+0.094%$4K$172K5xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0238% / S −0.3359%1h4.8410+0.102%$8K100xas long as short
Kraken Futures PF_ORDIUSD+0.2509%1h4.8500+0.290%$65K$42K25xas long as short