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

ORDI

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against KuCoin+0.020%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$910.906% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.011%−$1 on $10k
Price spread, last 4 days (all we have)−0.069%−$7 · spread now +0.020%, 7d avg +0.028%
Together, before fees−0.080%+ Points / potential airdropAster: Stage 5 · farm board−$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ORDIUSDTM4.93470.0100pay 0.0050% / 4h3h 24m$950K$809K50x
ShortAster ORDIUSDT4.93570.0100get 0.0050% / 4h3h 24m$5K$421K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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: +0.020% → +0.028%
−$0.78
Slippage, 4 orders
−$70.58
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$91.36
Costs to cover
0.906%
Break-even
never at this rate
Slippage from KuCoin: live order book, 40 min ago; Aster: live order book, 48 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 KuCoin live order book, 40 min ago6.05 bp30.6 bp −$311065.6 bp −$10.7Kdoesn't fitdoesn't fit
Sell Aster live order book, 48 min ago5.14 bp21.7 bp −$22doesn'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%1h4.9312−0.072%$34K$6515xas long as short
Injective ORDI/USDC PERP+0.0033%1h4.5550−7.694%$776$20K5.5xas long as short
BloFin ORDI-USDT+0.0042%4h4.9300−0.095%$604K$316K75xas long as short
Hyperliquid ORDI+0.0100%1h4.9402+0.111%$716K$648K3xas long as short
Aster ORDIUSDTshort+0.0100%4h4.9357+0.020%$5K$421K5x
Binance ORDIUSDT+0.0100%4h4.9324−0.047%$10.1M$31.6M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.9300−0.095%$4.2M$4.2M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.9310−0.075%$5.4M$16.8M20xas long as short
Gate ORDI_USDT+0.0100%4h4.9300−0.095%$1.3M$2.6M50xas long as short
MEXC ORDI_USDT+0.0100%4h4.9340−0.014%$7.2M$3.4M200xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ORDIUSDTMlong+0.0100%4h4.9347long leg$950K$809K50x
Bitget ORDIUSDT+0.0100%4h4.9320−0.055%$2.9M$3.1M50xas long as short
BingX ORDI-USDC+0.0100%4h4.9300−0.095%$2.3Mas long as short
Variational Omni ORDI+0.0100%4h4.9302−0.091%$24K$56Kas long as short
SunX ORDI-USDT+0.0100%4h4.9240−0.217%$1K$1.2M20xas long as short
HTX ORDI-USDT+0.0100%4h4.9300−0.095%$90K$348K75xas long as short
Extended ORDI-USD+0.0104%1h4.9337−0.020%$4K$220K5xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0239% / S −0.3359%1h4.9304−0.086%$8K100xas long as short
Kraken Futures PF_ORDIUSD+0.2937%1h4.9435+0.178%$66K$39K25xas long as short