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

ORDI

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Alert: funding
Alert: spread
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: MEXC against Aster+0.041%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$420.422% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.012%+$1 on $10k
Price spread, last 4 days (all we have)+0.004%$0 · spread now +0.041%, 7d avg −0.001%
Together, before fees+0.016%+ Points / potential airdropAster: Stage 5 · farm board+$2 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: MEXC is 0.042% dearer against Aster than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ORDIUSDT4.93200.0100pay 0.0050% / 4h3h 01m$3K$409K5x
ShortMEXC ORDI_USDT4.93400.0100get 0.0050% / 4h3h 01m$7.1M$3.4M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: +0.041% → −0.001%
$4.17
Slippage, 4 orders
−$34.24
Fee Aster: 4 bp × 2 orders
−$8
Fee MEXC: 0 bp × 2 orders
$0
Net
−$38.07
Costs to cover
0.422%
Break-even
never at this rate
Slippage from Aster: live order book, 6 min ago; MEXC: live order book, 2 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, 6 min ago5.02 bp17.7 bp −$18doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago1.01 bp4.1 bp −$426.5 bp −$26557.6 bp −$5,76199.1 bp −$49.5K

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
dYdX ORDI-USD0.0000%1h4.9292−0.056%$34K$6515xas long as short
Injective ORDI/USDC PERP+0.0033%1h4.5550−7.644%$776$20K5.5xas long as short
BloFin ORDI-USDT+0.0052%4h4.9270−0.101%$618K$314K75xas long as short
Hyperliquid ORDI+0.0100%1h4.9394+0.150%$714K$650K3xas long as short
Aster ORDIUSDTlong+0.0100%4h4.9320long leg$3K$409K5x
Binance ORDIUSDT+0.0100%4h4.9261−0.120%$10.1M$32.2M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.9220−0.203%$4.2M$4.4M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.9210−0.223%$5.4M$17.0M20xas long as short
Gate ORDI_USDT+0.0100%4h4.9270−0.101%$1.3M$2.8M50xas long as short
MEXC ORDI_USDTshort+0.0100%4h4.9340+0.041%$7.1M$3.4M200x
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ORDIUSDTM+0.0100%4h4.9313−0.014%$941K$827K50xas long as short
Bitget ORDIUSDT+0.0100%4h4.9280−0.081%$2.9M$3.2M50xas long as short
BingX ORDI-USDC+0.0100%4h4.9300−0.041%$2.3Mas long as short
Variational Omni ORDI+0.0100%4h4.9266−0.109%$24K$56Kas long as short
SunX ORDI-USDT+0.0100%4h4.9230−0.182%$1K$1.2M20xas long as short
HTX ORDI-USDT+0.0100%4h4.9280−0.081%$90K$351K75xas long as short
Extended ORDI-USD+0.0104%1h4.9323+0.006%$4K$192K5xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0240% / S −0.3359%1h4.9311−0.019%$8K100xas long as short
Kraken Futures PF_ORDIUSD+0.2939%1h4.9405+0.172%$65K$40K25xas long as short