Funding you earn now, next payment 08:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.11 per $10,000 · paid last 24h +0.016%
Price spread now: BloFin against Aster−0.221%92s7-day average +0.015% · 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—prices read too far apart to compare
costs, in and out, $10k−$600.595% of the position
Funding, last 6 days (all we have)+0.048%+$5 on $10k
+Price spread, last 4 days (all we have)+0.311%+$31 · spread now −0.221%, 7d avg +0.015%
=Together, before fees+0.358%+ Points / potential airdropAster: Stage 5 · farm board+$36 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.235% cheaper against Aster than usual: you would sell low and buy high (spread −0.221% now, against its 7-day average of +0.015%). If the spread goes back, that is −$24 on $10k: about 36 days of funding at the current rate (+$1 a day). The two prices were read 92 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ORDIUSDT | 4.9279 | 0.0100 | pay 0.0050% / 4h | 3h 21m | $9K | $426K | 5x |
| Short | BloFin ORDI-USDT | 4.9170 | 0.0122 | get 0.0061% / 4h | 3h 21m | $603K | $308K | 75x |
Aster ORDIUSDT
BloFin ORDI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $4.61
- Price spread: −0.221% → +0.015%
- −$23.55
- Slippage, 4 orders
- −$39.54
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$78.47
- Costs to cover
- 0.595%
- Break-even
- 126.0 days
Slippage from Aster: live order book, 31 min ago; BloFin: live order book, 10 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, 31 min ago | 6.01 bp | 18.1 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 10 min ago | 3.02 bp | 12.9 bp −$13 | 29.5 bp −$295 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ORDIUSD | −0.0571% | 1h | 4.9109 | −0.345% | $72K | $43K | 25x | as long as short |
| Gate ORDI_USDT | −0.0482% | 4h | 4.9260 | −0.038% | $1.3M | $2.8M | 50x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.9266 | −0.026% | $34K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −7.567% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9300 | +0.043% | $710K | $663K | 3x | as long as short |
| Aster ORDIUSDTlong | +0.0100% | 4h | 4.9279 | long leg | $9K | $426K | 5x | |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9290 | +0.022% | $10.0M | $33.9M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.9290 | +0.023% | $4.2M | $4.7M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9290 | +0.023% | $5.3M | $17.8M | 20x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.9300 | +0.043% | $6.7M | $3.3M | 200x | as long as short |
Kraken Futures PF_ORDIUSD
Gate ORDI_USDT
dYdX ORDI-USD
Injective ORDI/USDC PERP
Hyperliquid ORDI
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
MEXC ORDI_USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.9180 | −0.200% | $971K | $843K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.9290 | +0.023% | $2.9M | $3.5M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.9260 | −0.038% | — | $27.0M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.9216 | −0.128% | $24K | $42K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.9050 | −0.464% | $2K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.9080 | −0.403% | $82K | $411K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.9276 | −0.007% | $4K | $180K | 5x | as long as short |
| BloFin ORDI-USDTshort | +0.0122% | 4h | 4.9170 | −0.221% | $603K | $308K | 75x | |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0240% / S −0.3359% | 1h | 4.9172 | −0.217% | $8K | — | 100x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]