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: BingX against Aster−0.020%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$480.482% of the position
Funding, last 6 days (all we have)+0.015%+$1 on $10k
+Price spread, last 4 days (all we have)+0.364%+$36 · spread now −0.020%, 7d avg −0.021%
=Together, before fees+0.379%+ Points / potential airdropAster: Stage 5 · farm board+$38 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ORDIUSDT | 4.8290 | 0.0100 | pay 0.0050% / 4h | 2h 17m | $10K | $279K | 5x |
| Short | BingX ORDI-USDT | 4.8280 | 0.0100 | get 0.0050% / 4h | 2h 17m | — | $28.7M | — |
Aster ORDIUSDT
BingX ORDI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Aster. 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: −0.020% → −0.021%
- $0.09
- Slippage, 4 orders
- −$30.2
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$48.1
- Costs to cover
- 0.482%
- Break-even
- never at this rate
Slippage from Aster: live order book, 32 min ago; BingX: live order book, 14 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 Aster live order book, 32 min ago | 5.19 bp | 15.5 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 14 min ago | 1.04 bp | 7.0 bp −$7 | 11.3 bp −$113 | 33.6 bp −$3,357 | 309.7 bp −$154.9K |
ORDI on 19 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ORDIUSD | −0.0424% | 1h | 4.8250 | −0.083% | $69K | $43K | 25x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8265 | −0.051% | $33K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −5.673% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8342 | +0.109% | $697K | $640K | 3x | as long as short |
| Aster ORDIUSDTlong | +0.0100% | 4h | 4.8290 | long leg | $10K | $279K | 5x | |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8312 | +0.047% | $9.8M | $32.7M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8260 | −0.061% | $4.1M | $4.3M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8270 | −0.041% | $5.1M | $17.5M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8270 | −0.041% | $1.2M | $2.6M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8310 | +0.042% | $6.8M | $3.2M | 200x | as long as short |
Kraken Futures PF_ORDIUSD
dYdX ORDI-USD
Injective ORDI/USDC PERP
Hyperliquid ORDI
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
MEXC ORDI_USDTShow all 19 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8274 | −0.032% | $1.0M | $752K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8280 | −0.020% | $2.8M | $3.5M | 50x | as long as short |
| BingX ORDI-USDTshort | +0.0100% | 4h | 4.8280 | −0.020% | — | $28.7M | — | |
| Variational Omni ORDI | +0.0100% | 4h | 4.8275 | −0.030% | $25K | $33K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8260 | −0.061% | $1K | $1.1M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8280 | −0.020% | $84K | $348K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8296 | +0.013% | $7K | $223K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0105% | 4h | 4.8300 | +0.022% | $582K | $293K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8264 | −0.053% | $8K | — | 100x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]