Funding you earn now, next payment 06:00 UTC−0.0818%/8h= −89.5% APRpaid last 24h +0.198%
Price spread now: Kraken Futures against Aster−0.164%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and Kraken Futures is 0.164% cheaper against Aster than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ORDIUSDT | 4.8709 | 0.0100 | pay 0.0050% / 4h | 2h 47m | $7K | $427K | 5x |
| Short | Kraken Futures PF_ORDIUSD | 4.8629 | −0.0718 | pay 0.0090% / 1h | 47m 12s | $69K | $47K | 25x |
Aster ORDIUSDT
Kraken Futures PF_ORDIUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$171.69
- Price spread: −0.164% → 0.000%
- −$16.43
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$206.12
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Aster: live order book, 65 min ago; Kraken Futures: no order-book sample. Net counts fees only.
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, 65 min ago | 6.01 bp | 18.1 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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_ORDIUSDshort | −0.0718% | 1h | 4.8629 | −0.164% | $69K | $47K | 25x | |
| Gate ORDI_USDT | −0.0322% | 4h | 4.8690 | −0.039% | $1.3M | $2.7M | 50x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8762 | +0.108% | $33K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.485% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8741 | +0.066% | $703K | $665K | 3x | as long as short |
| Aster ORDIUSDTlong | +0.0100% | 4h | 4.8709 | long leg | $7K | $427K | 5x | |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8690 | −0.039% | $9.9M | $33.9M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8640 | −0.142% | $4.1M | $4.7M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8680 | −0.059% | $5.2M | $17.7M | 20x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8690 | −0.039% | $6.5M | $3.3M | 200x | as long as short |
Gate ORDI_USDT
dYdX ORDI-USD
Injective ORDI/USDC PERP
Hyperliquid ORDI
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
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 | 4.8692 | −0.035% | $971K | $821K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8690 | −0.039% | $2.8M | $3.5M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.8770 | +0.125% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8806 | +0.200% | $24K | $42K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8710 | +0.002% | $2K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8670 | −0.080% | $85K | $426K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8687 | −0.045% | $2K | $182K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0147% | 4h | 4.8670 | −0.080% | $595K | $298K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8658 | −0.105% | $8K | — | 100x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDC
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]