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

ORDI

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.27 per $10,000 · paid last 24h +0.016%
Price spread now: BloFin against Aster+0.007%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$610.608% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.048%+$5 on $10k
Price spread, last 4 days (all we have)+0.083%+$8 · spread now +0.007%, 7d avg +0.015%
Together, before fees+0.131%+ Points / potential airdropAster: Stage 5 · farm board+$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.015%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ORDIUSDT4.95670.0100pay 0.0050% / 4h3h 45m$11K$423K5x
ShortBloFin ORDI-USDT4.95700.0154get 0.0077% / 4h3h 45m$605K$310K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Aster. 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
$11.41
Price spread: +0.007% → +0.015%
−$0.8
Slippage, 4 orders
−$40.77
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$50.17
Costs to cover
0.608%
Break-even
37.8 days
Slippage from Aster: live order book, 7 min ago; BloFin: live order book, 51 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 Aster live order book, 7 min ago6.01 bp18.1 bp −$18doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 51 min ago4.13 bp14.3 bp −$1431.2 bp −$312doesn'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−0.0566%1h4.9558−0.017%$73K$44K25xas long as short
dYdX ORDI-USD0.0000%1h4.9576+0.018%$34K$5775xas long as short
Injective ORDI/USDC PERP+0.0033%1h4.5550−8.104%$776$20K5.5xas long as short
Hyperliquid ORDI+0.0100%1h4.9652+0.172%$714K$661K3xas long as short
Aster ORDIUSDTlong+0.0100%4h4.9567long leg$11K$423K5x
Binance ORDIUSDT+0.0100%4h4.9574+0.014%$10.1M$33.7M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.9540−0.054%$4.2M$4.6M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.9600+0.067%$5.4M$17.8M20xas long as short
Gate ORDI_USDT+0.0100%4h4.9560−0.013%$1.3M$2.7M50xas long as short
MEXC ORDI_USDT+0.0100%4h4.9580+0.027%$6.9M$3.3M200xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ORDIUSDTM+0.0100%4h4.9570+0.007%$975K$854K50xas long as short
Bitget ORDIUSDT+0.0100%4h4.9580+0.027%$2.9M$3.5M50xas long as short
BingX ORDI-USDT+0.0100%4h4.9590+0.047%$27.0Mas long as short
Variational Omni ORDI+0.0100%4h4.9611+0.090%$24K$42Kas long as short
SunX ORDI-USDT+0.0100%4h4.9490−0.155%$1K$1.2M20xas long as short
HTX ORDI-USDT+0.0100%4h4.9540−0.054%$83K$410K75xas long as short
Extended ORDI-USD+0.0104%1h4.9553−0.028%$3K$180K5xas long as short
BloFin ORDI-USDTshort+0.0154%4h4.9570+0.007%$605K$310K75x
GMX ORDI/USD [WBTC.b-USDC]L +0.0240% / S −0.3359%1h4.9559−0.015%$8K100xas long as short