Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Aster−0.143%7-day average −0.052% · 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−$94as in the Price arb table
costs, in and out, $10k−$850.847% of the position
Funding, last 5 days (all we have)+0.015%+$1 on $10k
+Price spread, last 4 days (all we have)+0.084%+$8 · spread now −0.143%, 7d avg −0.052%
=Together, before fees+0.099%+ Points / potential airdropAster: Stage 5 · farm board+$10 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: Bybit is 0.091% cheaper against Aster than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.052%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ORDIUSDT | 4.8820 | 0.0100 | pay 0.0050% / 4h | 1h 09m | $13K | $428K | 5x |
| Short | Bybit ORDIUSDT | 4.8750 | 0.0100 | get 0.0050% / 4h | 1h 09m | $4.2M | $4.6M | 50x |
Aster ORDIUSDT
Bybit ORDIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Aster. 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
- Price spread: −0.143% → −0.052%
- −$9.07
- Slippage, 4 orders
- −$65.73
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$93.8
- Costs to cover
- 0.847%
- Break-even
- never at this rate
Slippage from Aster: live order book, 53 min ago; Bybit: live order book, 3 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 Aster live order book, 53 min ago | 7.16 bp | 19.8 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 1.03 bp | 23.9 bp −$24 | 69.4 bp −$694 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ORDIUSD | −0.0351% | 1h | 4.8790 | −0.060% | $72K | $45K | 25x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8788 | −0.065% | $33K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.698% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0058% | 4h | 4.8890 | +0.144% | $610K | $305K | 75x | as long as short |
| Aster ORDIUSDTlong | +0.0100% | 4h | 4.8820 | long leg | $13K | $428K | 5x | |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8792 | −0.057% | $10.0M | $33.6M | 50x | as long as short |
| Bybit ORDIUSDTshort | +0.0100% | 4h | 4.8750 | −0.143% | $4.2M | $4.6M | 50x | |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8760 | −0.122% | $5.2M | $17.5M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8780 | −0.082% | $1.3M | $2.8M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8790 | −0.061% | $6.9M | $3.4M | 200x | as long as short |
Kraken Futures PF_ORDIUSD
dYdX ORDI-USD
Injective ORDI/USDC PERP
BloFin ORDI-USDT
Binance ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
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 | 4.8804 | −0.032% | $979K | $878K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8780 | −0.082% | $2.9M | $3.5M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.8780 | −0.082% | — | $27.1M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8775 | −0.091% | $24K | $55K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8840 | +0.041% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8830 | +0.021% | $81K | $394K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8780 | −0.082% | $5K | $190K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8788 | −0.065% | $8K | — | 100x | as long as short |
| Hyperliquid ORDI | +0.0272% | 1h | 4.8878 | +0.119% | $705K | $661K | 3x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]
Hyperliquid ORDI