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: HTX against Aster−0.496%53s7-day average −0.069% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1081.080% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.015%+$1 on $10k
Price spread, last 4 days (all we have)+0.528%+$53 · spread now −0.496%, 7d avg −0.069%
Together, before fees+0.543%+ Points / potential airdropAster: Stage 5 · farm board+$54 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: HTX is 0.427% cheaper against Aster than usual: you would sell low and buy high, −$43 on $10k if it goes back to its 7-day average of −0.069%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ORDIUSDT4.84000.0100pay 0.0050% / 4h2h 25m$7K$429K5x
ShortHTX ORDI-USDT4.81600.0100get 0.0050% / 4h2h 25m$84K$441K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$0
Price spread: −0.496% → −0.069%
−$42.7
Slippage, 4 orders
−$88.05
Fee Aster: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$150.74
Costs to cover
1.080%
Break-even
never at this rate
Slippage from Aster: live order book, 22 min ago; HTX: live order book, 23 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, 22 min ago5.13 bp14.4 bp −$14doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 23 min ago17.43 bp40.3 bp −$40doesn'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−0.0724%1h4.8182−0.451%$69K$47K25xas long as short
Gate ORDI_USDT−0.0122%4h4.8350−0.103%$1.2M$2.8M50xas long as short
dYdX ORDI-USD0.0000%1h4.8255−0.299%$33K$5775xas long as short
Injective ORDI/USDC PERP+0.0033%1h4.5550−5.888%$776$20K5.5xas long as short
Hyperliquid ORDI+0.0100%1h4.8411+0.023%$698K$667K3xas long as short
Aster ORDIUSDTlong+0.0100%4h4.8400long leg$7K$429K5x
Binance ORDIUSDT+0.0100%4h4.8398−0.004%$9.9M$34.4M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.8360−0.083%$4.1M$4.8M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.8340−0.124%$5.2M$17.9M20xas long as short
MEXC ORDI_USDT+0.0100%4h4.8410+0.021%$6.4M$3.3M200xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ORDIUSDTM+0.0100%4h4.8371−0.060%$977K$831K50xas long as short
Bitget ORDIUSDT+0.0100%4h4.8380−0.041%$2.8M$3.5M50xas long as short
BingX ORDI-USDC+0.0100%4h4.8250−0.310%$2.3Mas long as short
Variational Omni ORDI+0.0100%4h4.8187−0.440%$24K$42Kas long as short
SunX ORDI-USDT+0.0100%4h4.8160−0.496%$1K$1.2M20xas long as short
HTX ORDI-USDTshort+0.0100%4h4.8160−0.496%$84K$441K75x
BloFin ORDI-USDT+0.0102%4h4.8190−0.434%$589K$304K75xas long as short
Extended ORDI-USD+0.0104%1h4.8306−0.194%$2K$180K5xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0239% / S −0.3359%1h4.8382−0.038%$8K100xas long as short