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 +0.010%
Price spread now: Aster against Gate+0.105%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$770.773% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.003%$0 on $10k
Price spread, last 4 days (all we have)−0.230%−$23 · spread now +0.105%, 7d avg +0.046%
Together, before fees−0.228%+ Points / potential airdropAster: Stage 5 · farm board−$23 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: Aster is 0.059% dearer against Gate than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.046%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ORDI_USDT4.84200.0100pay 0.0050% / 4h2h 07m$1.2M$2.7M50x
ShortAster ORDIUSDT4.84710.0100get 0.0050% / 4h2h 07m$5K$415K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Gate. 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: +0.105% → +0.046%
$5.87
Slippage, 4 orders
−$54.32
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Aster: 4 bp × 2 orders
−$8
Net
−$71.44
Costs to cover
0.773%
Break-even
never at this rate
Slippage from Gate: live order book, 5 min ago; Aster: live order book, 15 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 Gate live order book, 5 min ago3.10 bp16.8 bp −$17103.4 bp −$1,034doesn't fitdoesn't fit
Sell Aster live order book, 15 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%1h4.8394−0.055%$33K$6515xas long as short
Injective ORDI/USDC PERP+0.0033%1h4.5550−5.927%$776$20K5.5xas long as short
Hyperliquid ORDI+0.0100%1h4.8506+0.178%$706K$645K3xas long as short
Aster ORDIUSDTshort+0.0100%4h4.8471+0.105%$5K$415K5x
Binance ORDIUSDT+0.0100%4h4.8473+0.109%$9.8M$30.7M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.8410−0.021%$4.1M$4.2M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.8400−0.041%$5.3M$16.1M20xas long as short
Gate ORDI_USDTlong+0.0100%4h4.8420long leg$1.2M$2.7M50x
MEXC ORDI_USDT+0.0100%4h4.8470+0.103%$7.0M$3.3M200xas long as short
KuCoin ORDIUSDTM+0.0100%4h4.8429+0.019%$925K$823K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ORDIUSDT+0.0100%4h4.8450+0.062%$2.8M$2.9M50xas long as short
BingX ORDI-USDT+0.0100%4h4.8430+0.021%$24.5Mas long as short
Variational Omni ORDI+0.0100%4h4.8389−0.063%$24K$56Kas long as short
SunX ORDI-USDT+0.0100%4h4.8390−0.062%$1K$1.2M20xas long as short
HTX ORDI-USDT+0.0100%4h4.8430+0.021%$88K$362K75xas long as short
Extended ORDI-USD+0.0104%1h4.8467+0.097%$5K$172K5xas long as short
BloFin ORDI-USDT+0.0145%4h4.84200.000%$605K$299K75xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0238% / S −0.3359%1h4.8430+0.020%$8K100xas long as short
Kraken Futures PF_ORDIUSD+0.2503%1h4.8612+0.397%$66K$42K25xas long as short