Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: Aster against dYdX+0.079%49s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aster is 0.079% dearer against dYdX than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX ORDI-USD | 4.9090 | 0 | get 0.0000% / 1h | 30m 52s | $34K | $651 | 5x |
| Short | Aster ORDIUSDT | 4.9129 | 0.0100 | get 0.0050% / 4h | 1h 30m | $12K | $427K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against dYdX. 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
- $21
- Price spread: +0.079% → 0.000%
- $7.87
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $10.87
- Costs to cover
- 0.180%
- Break-even
- 3.4 days
Slippage unknown: dYdX: no order-book sample; Aster: live order book, 31 min ago. 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 31 min ago | 7.16 bp | 19.6 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
dYdX: 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_ORDIUSD | −0.0348% | 1h | 4.9137 | +0.096% | $72K | $46K | 25x | as long as short |
| dYdX ORDI-USDlong | 0.0000% | 1h | 4.9090 | long leg | $34K | $651 | 5x | |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −7.212% | $776 | $20K | 5.5x | as long as short |
| Aster ORDIUSDTshort | +0.0100% | 4h | 4.9129 | +0.079% | $12K | $427K | 5x | |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9160 | +0.142% | $10.1M | $33.4M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.9110 | +0.040% | $4.2M | $4.5M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9110 | +0.040% | $5.3M | $17.5M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.9130 | +0.081% | $1.3M | $2.7M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.9170 | +0.163% | $7.0M | $3.3M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.9151 | +0.124% | $963K | $869K | 50x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ORDIUSDT | +0.0100% | 4h | 4.9140 | +0.101% | $2.9M | $3.5M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.9130 | +0.081% | — | $27.1M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.9130 | +0.081% | $24K | $55K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.9130 | +0.081% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.9110 | +0.040% | $81K | $393K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.9166 | +0.154% | $3K | $189K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0128% | 4h | 4.9170 | +0.163% | $612K | $306K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0240% / S −0.3359% | 1h | 4.9133 | +0.087% | $8K | — | 100x | as long as short |
| Hyperliquid ORDI | +0.0272% | 1h | 4.9233 | +0.291% | $710K | $661K | 3x | as long as short |
Aster ORDIUSDT
Kraken Futures PF_ORDIUSD
Injective ORDI/USDC PERP
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
MEXC ORDI_USDT
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]
Hyperliquid ORDI