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

ORDI

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against BingX+0.079%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$870.872% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.015%−$1 on $10k
Price spread, last 4 days (all we have)−0.004%$0 · spread now +0.079%, 7d avg +0.069%
Together, before fees−0.019%+ Points / potential airdropAster: Stage 5 · farm board−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ORDI-USDC4.83400.0100pay 0.0050% / 4h2h 04m$2.3M
ShortAster ORDIUSDT4.83780.0100get 0.0050% / 4h2h 04m$5K$415K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BingX. 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: +0.079% → +0.069%
$1
Slippage, 4 orders
−$69.17
Fee BingX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$86.17
Costs to cover
0.872%
Break-even
never at this rate
Slippage from BingX: live order book, 13 min ago; Aster: live order book, 18 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 BingX live order book, 13 min ago1.03 bp25.1 bp −$2589.3 bp −$893434.1 bp −$43.4K568.4 bp −$284.2K
Sell Aster live order book, 18 min ago5.13 bp17.8 bp −$18doesn'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
dYdX ORDI-USD0.0000%1h4.8354+0.028%$33K$6515xas long as short
Injective ORDI/USDC PERP+0.0033%1h4.5550−5.772%$776$20K5.5xas long as short
Gate ORDI_USDT+0.0094%4h4.8330−0.021%$1.2M$2.7M50xas long as short
Hyperliquid ORDI+0.0100%1h4.8431+0.188%$705K$645K3xas long as short
Aster ORDIUSDTshort+0.0100%4h4.8378+0.079%$5K$415K5x
Binance ORDIUSDT+0.0100%4h4.8380+0.083%$9.8M$30.7M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.8320−0.041%$4.1M$4.2M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.83400.000%$5.2M$16.1M20xas long as short
MEXC ORDI_USDT+0.0100%4h4.8370+0.062%$7.0M$3.3M200xas long as short
KuCoin ORDIUSDTM+0.0100%4h4.8348+0.017%$924K$823K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ORDIUSDT+0.0100%4h4.8350+0.021%$2.8M$2.9M50xas long as short
BingX ORDI-USDClong+0.0100%4h4.8340long leg$2.3M
Variational Omni ORDI+0.0100%4h4.8348+0.016%$24K$56Kas long as short
SunX ORDI-USDT+0.0100%4h4.8330−0.021%$1K$1.2M20xas long as short
HTX ORDI-USDT+0.0100%4h4.8310−0.062%$88K$362K75xas long as short
Extended ORDI-USD+0.0104%1h4.8364+0.050%$4K$172K5xas long as short
BloFin ORDI-USDT+0.0143%4h4.8370+0.062%$605K$298K75xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0238% / S −0.3359%1h4.8336−0.009%$8K100xas long as short
Kraken Futures PF_ORDIUSD+0.2509%1h4.8504+0.339%$65K$42K25xas long as short