Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Aster−0.240%7-day average −0.053% · 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−$111as in the Price arb table
costs, in and out, $10k−$930.926% of the position
Funding, last 5 days (all we have)+0.015%+$1 on $10k
+Price spread, last 4 days (all we have)+0.175%+$18 · spread now −0.240%, 7d avg −0.053%
=Together, before fees+0.190%+ 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: Bybit is 0.187% cheaper against Aster than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of −0.053%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ORDIUSDT | 4.8487 | 0.0100 | pay 0.0050% / 4h | 2h 12m | $5K | $415K | 5x |
| Short | Bybit ORDIUSDT | 4.8370 | 0.0100 | get 0.0050% / 4h | 2h 12m | $4.1M | $4.2M | 50x |
Aster ORDIUSDT
Bybit ORDIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.240% → −0.053%
- −$18.73
- Slippage, 4 orders
- −$73.55
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$111.29
- Costs to cover
- 0.926%
- Break-even
- never at this rate
Slippage from Aster: live order book, 10 min ago; Bybit: live order book, 5 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, 10 min ago | 5.13 bp | 15.8 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 1.03 bp | 28.4 bp −$28 | 81.8 bp −$818 | 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 | −0.192% | $33K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.056% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8460 | −0.055% | $705K | $645K | 3x | as long as short |
| Aster ORDIUSDTlong | +0.0100% | 4h | 4.8487 | long leg | $5K | $415K | 5x | |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8390 | −0.199% | $9.8M | $30.7M | 50x | as long as short |
| Bybit ORDIUSDTshort | +0.0100% | 4h | 4.8370 | −0.240% | $4.1M | $4.2M | 50x | |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8360 | −0.261% | $5.3M | $16.1M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8380 | −0.220% | $1.2M | $2.7M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8400 | −0.178% | $7.0M | $3.3M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8391 | −0.197% | $925K | $823K | 50x | as long as short |
dYdX ORDI-USD
Injective ORDI/USDC PERP
Hyperliquid ORDI
Binance ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
MEXC ORDI_USDT
KuCoin ORDIUSDTMShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8390 | −0.199% | $2.8M | $2.9M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.8530 | +0.090% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8613 | +0.260% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8330 | −0.323% | $2K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8370 | −0.240% | $88K | $362K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8385 | −0.209% | $5K | $172K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0104% | 4h | 4.8630 | +0.296% | $605K | $300K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0238% / S −0.3359% | 1h | 4.8388 | −0.203% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.2506% | 1h | 4.8557 | +0.145% | $65K | $42K | 25x | as long as short |
Bitget ORDIUSDT
BingX ORDI-USDC
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