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 − costs—under 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
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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ORDI_USDT | 4.8420 | 0.0100 | pay 0.0050% / 4h | 2h 07m | $1.2M | $2.7M | 50x |
| Short | Aster ORDIUSDT | 4.8471 | 0.0100 | get 0.0050% / 4h | 2h 07m | $5K | $415K | 5x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 5 min ago | 3.10 bp | 16.8 bp −$17 | 103.4 bp −$1,034 | doesn't fit | doesn't fit |
| Sell Aster live order book, 15 min ago | 5.13 bp | 17.8 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ORDI-USD | 0.0000% | 1h | 4.8394 | −0.055% | $33K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −5.927% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8506 | +0.178% | $706K | $645K | 3x | as long as short |
| Aster ORDIUSDTshort | +0.0100% | 4h | 4.8471 | +0.105% | $5K | $415K | 5x | |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8473 | +0.109% | $9.8M | $30.7M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8410 | −0.021% | $4.1M | $4.2M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8400 | −0.041% | $5.3M | $16.1M | 20x | as long as short |
| Gate ORDI_USDTlong | +0.0100% | 4h | 4.8420 | long leg | $1.2M | $2.7M | 50x | |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8470 | +0.103% | $7.0M | $3.3M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8429 | +0.019% | $925K | $823K | 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 | 4.8450 | +0.062% | $2.8M | $2.9M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.8430 | +0.021% | — | $24.5M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8389 | −0.063% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8390 | −0.062% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8430 | +0.021% | $88K | $362K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8467 | +0.097% | $5K | $172K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0145% | 4h | 4.8420 | 0.000% | $605K | $299K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0238% / S −0.3359% | 1h | 4.8430 | +0.020% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.2503% | 1h | 4.8612 | +0.397% | $66K | $42K | 25x | as long as short |
Gate ORDI_USDT
Aster ORDIUSDT
Injective ORDI/USDC PERP
Hyperliquid ORDI
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
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]
Kraken Futures PF_ORDIUSD