Funding you earn now, next payment 23:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: dYdX against Aster−0.131%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.131% cheaper against Aster than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ORDIUSDT | 4.8942 | 0.0100 | pay 0.0050% / 4h | 1h 04m | $4K | $416K | 5x |
| Short | dYdX ORDI-USD | 4.8878 | 0 | get 0.0000% / 1h | 4m 22s | $34K | $651 | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$21
- Price spread: −0.131% → 0.000%
- −$13.08
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$52.08
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Aster: live order book, 13 min ago; dYdX: no order-book sample. Net counts fees only.
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, 13 min ago | 6.17 bp | 18.7 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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-USDshort | 0.0000% | 1h | 4.8878 | −0.131% | $34K | $651 | 5x | |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.931% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0088% | 4h | 4.8870 | −0.147% | $604K | $309K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9006 | +0.130% | $712K | $649K | 3x | as long as short |
| Aster ORDIUSDTlong | +0.0100% | 4h | 4.8942 | long leg | $4K | $416K | 5x | |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8940 | −0.003% | $10.0M | $31.0M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8910 | −0.066% | $4.1M | $4.2M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8900 | −0.086% | $5.3M | $16.4M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8910 | −0.066% | $1.3M | $2.8M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8940 | −0.004% | $7.0M | $3.3M | 200x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8932 | −0.021% | $937K | $829K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8920 | −0.045% | $2.9M | $3.0M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.8800 | −0.290% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8748 | −0.396% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8790 | −0.311% | $2K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8800 | −0.290% | $89K | $357K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8940 | −0.005% | $5K | $172K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8932 | −0.021% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.2942% | 1h | 4.8963 | +0.043% | $66K | $42K | 25x | as long as short |
Aster ORDIUSDT
Injective ORDI/USDC PERP
BloFin ORDI-USDT
Hyperliquid ORDI
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
MEXC ORDI_USDT
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDC
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD