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

ORDI

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against HTX+0.154%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$820.821% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.015%−$1 on $10k
Price spread, last 4 days (all we have)−0.177%−$18 · spread now +0.154%, 7d avg +0.073%
Together, before fees−0.192%+ Points / potential airdropAster: Stage 5 · farm board−$19 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 0.081% dearer against HTX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.073%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ORDI-USDT4.83500.0100pay 0.0050% / 4h3h 32m$86K$342K75x
ShortAster ORDIUSDT4.84250.0100get 0.0050% / 4h3h 32m$10K$346K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against HTX. 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: +0.154% → +0.073%
$8.13
Slippage, 4 orders
−$62.1
Fee HTX: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$73.97
Costs to cover
0.821%
Break-even
never at this rate
Slippage from HTX: live order book, just now; Aster: live order book, 65 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 HTX live order book, just now8.28 bp14.7 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 65 min ago5.13 bp15.9 bp −$16doesn'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
Kraken Futures PF_ORDIUSD−0.0453%1h4.8331−0.039%$69K$43K25xas long as short
Gate ORDI_USDT−0.0008%4h4.8370+0.041%$1.2M$2.6M50xas long as short
dYdX ORDI-USD0.0000%1h4.8406+0.116%$33K$5775xas long as short
Injective ORDI/USDC PERP+0.0033%1h4.5550−5.791%$776$20K5.5xas long as short
Hyperliquid ORDI+0.0100%1h4.8426+0.157%$698K$668K3xas long as short
Aster ORDIUSDTshort+0.0100%4h4.8425+0.154%$10K$346K5x
Binance ORDIUSDT+0.0100%4h4.8433+0.173%$9.9M$33.7M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.8380+0.062%$4.1M$4.4M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.8390+0.083%$5.1M$17.6M20xas long as short
MEXC ORDI_USDT+0.0100%4h4.8410+0.124%$6.6M$3.2M200xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ORDIUSDTM+0.0100%4h4.8417+0.139%$1.0M$792K50xas long as short
Bitget ORDIUSDT+0.0100%4h4.8400+0.103%$2.8M$3.5M50xas long as short
BingX ORDI-USDC+0.0100%4h4.8370+0.041%$2.3Mas long as short
Variational Omni ORDI+0.0100%4h4.8597+0.511%$25K$33Kas long as short
SunX ORDI-USDT+0.0100%4h4.8320−0.062%$1K$1.2M20xas long as short
HTX ORDI-USDTlong+0.0100%4h4.8350long leg$86K$342K75x
Extended ORDI-USD+0.0104%1h4.8367+0.035%$5K$223K5xas long as short
BloFin ORDI-USDT+0.0145%4h4.8490+0.290%$587K$305K75xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0239% / S −0.3359%1h4.8347−0.006%$8K100xas long as short