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

ORDI

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against MEXC+0.053%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−$42as in the Price arb table
costs, in and out, $10k−$480.477% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.012%−$1 on $10k
Price spread, last 4 days (all we have)−0.145%−$14 · spread now +0.053%, 7d avg −0.002%
Together, before fees−0.157%+ Points / potential airdropAster: Stage 5 · farm board−$16 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 0.055% dearer against MEXC than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ORDI_USDT4.93300.0100pay 0.0050% / 4h3h 56m$6.9M$3.3M200x
ShortAster ORDIUSDT4.93560.0100get 0.0050% / 4h3h 56m$14K$420K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against MEXC. 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: +0.053% → −0.002%
$5.46
Slippage, 4 orders
−$39.69
Fee MEXC: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
−$42.24
Costs to cover
0.477%
Break-even
never at this rate
Slippage from MEXC: live order book, 1 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
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 1 min ago1.01 bp4.4 bp −$420.7 bp −$20755.2 bp −$5,515107.4 bp −$53.7K
Sell Aster live order book, 61 min ago6.18 bp21.7 bp −$22doesn'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
Kraken Futures PF_ORDIUSD−0.0570%1h4.9219−0.225%$72K$44K25xas long as short
dYdX ORDI-USD0.0000%1h4.9294−0.073%$34K$6515xas long as short
Injective ORDI/USDC PERP+0.0033%1h4.5550−7.663%$776$20K5.5xas long as short
Hyperliquid ORDI+0.0100%1h4.9410+0.162%$711K$661K3xas long as short
Aster ORDIUSDTshort+0.0100%4h4.9356+0.053%$14K$420K5x
Binance ORDIUSDT+0.0100%4h4.93300.000%$10.1M$33.3M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.9260−0.142%$4.2M$4.5M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.9310−0.041%$5.3M$17.5M20xas long as short
Gate ORDI_USDT+0.0100%4h4.9310−0.041%$1.3M$2.7M50xas long as short
MEXC ORDI_USDTlong+0.0100%4h4.9330long leg$6.9M$3.3M200x
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ORDIUSDTM+0.0100%4h4.9320−0.020%$983K$855K50xas long as short
Bitget ORDIUSDT+0.0100%4h4.9320−0.020%$2.9M$3.5M50xas long as short
BingX ORDI-USDT+0.0100%4h4.93300.000%$27.0Mas long as short
Variational Omni ORDI+0.0100%4h4.9171−0.322%$24K$43Kas long as short
SunX ORDI-USDT+0.0100%4h4.9250−0.162%$1K$1.2M20xas long as short
HTX ORDI-USDT+0.0100%4h4.9290−0.081%$82K$410K75xas long as short
Extended ORDI-USD+0.0104%1h4.9307−0.047%$3K$185K5xas long as short
BloFin ORDI-USDT+0.0115%4h4.9290−0.081%$607K$308K75xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0240% / S −0.3359%1h4.9295−0.071%$8K100xas long as short