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

ORDI

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX ORDI-USD4.90900get 0.0000% / 1h30m 52s$34K$6515x
ShortAster ORDIUSDT4.91290.0100get 0.0050% / 4h1h 30m$12K$427K5x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy dYdX no order-book sample
Sell Aster live order book, 31 min ago7.16 bp19.6 bp −$20doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ORDIUSD−0.0348%1h4.9137+0.096%$72K$46K25xas long as short
dYdX ORDI-USDlong0.0000%1h4.9090long leg$34K$6515x
Injective ORDI/USDC PERP+0.0033%1h4.5550−7.212%$776$20K5.5xas long as short
Aster ORDIUSDTshort+0.0100%4h4.9129+0.079%$12K$427K5x
Binance ORDIUSDT+0.0100%4h4.9160+0.142%$10.1M$33.4M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.9110+0.040%$4.2M$4.5M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.9110+0.040%$5.3M$17.5M20xas long as short
Gate ORDI_USDT+0.0100%4h4.9130+0.081%$1.3M$2.7M50xas long as short
MEXC ORDI_USDT+0.0100%4h4.9170+0.163%$7.0M$3.3M200xas long as short
KuCoin ORDIUSDTM+0.0100%4h4.9151+0.124%$963K$869K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ORDIUSDT+0.0100%4h4.9140+0.101%$2.9M$3.5M50xas long as short
BingX ORDI-USDT+0.0100%4h4.9130+0.081%$27.1Mas long as short
Variational Omni ORDI+0.0100%4h4.9130+0.081%$24K$55Kas long as short
SunX ORDI-USDT+0.0100%4h4.9130+0.081%$1K$1.2M20xas long as short
HTX ORDI-USDT+0.0100%4h4.9110+0.040%$81K$393K75xas long as short
Extended ORDI-USD+0.0104%1h4.9166+0.154%$3K$189K5xas long as short
BloFin ORDI-USDT+0.0128%4h4.9170+0.163%$612K$306K75xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0240% / S −0.3359%1h4.9133+0.087%$8K100xas long as short
Hyperliquid ORDI+0.0272%1h4.9233+0.291%$710K$661K3xas long as short