Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Aster+0.025%7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$680.679% of the position
Funding, last 5 days (all we have)+0.014%+$1 on $10k
+Price spread, last 4 days (all we have)−0.074%−$7 · spread now +0.025%, 7d avg −0.038%
=Together, before fees−0.060%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board−$6 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: Extended is 0.063% dearer against Aster than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ORDIUSDT | 4.9072 | 0.0100 | pay 0.0050% / 4h | 2h 45m | $9K | $418K | 5x |
| Short | Extended ORDI-USD | 4.9085 | 0.0104 | get 0.0013% / 1h | 45m 39s | $2K | $189K | 5x |
Aster ORDIUSDT
Extended ORDI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $0.84
- Price spread: +0.025% → −0.038%
- $6.29
- Slippage, 4 orders
- −$54.87
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$60.74
- Costs to cover
- 0.679%
- Break-even
- 513.1 days
Slippage from Aster: live order book, 22 min ago; Extended: live order book, 21 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, 22 min ago | 5.02 bp | 17.7 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 21 min ago | 3.63 bp | 16.6 bp −$17 | 133.0 bp −$1,330 | 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 | 4.9057 | −0.031% | $34K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −7.178% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9090 | +0.036% | $710K | $661K | 3x | as long as short |
| Aster ORDIUSDTlong | +0.0100% | 4h | 4.9072 | long leg | $9K | $418K | 5x | |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9072 | 0.000% | $10.1M | $33.0M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.9060 | −0.025% | $4.2M | $4.6M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9070 | −0.005% | $5.3M | $17.4M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.9070 | −0.005% | $1.3M | $2.7M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.9080 | +0.016% | $7.0M | $3.4M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.9059 | −0.027% | $914K | $885K | 50x | as long as short |
dYdX ORDI-USD
Injective ORDI/USDC PERP
Hyperliquid ORDI
Binance ORDIUSDT
Bybit 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 | 4.9070 | −0.005% | $2.9M | $3.4M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.9060 | −0.025% | — | $27.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.9012 | −0.122% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.9020 | −0.107% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8990 | −0.168% | $89K | $355K | 75x | as long as short |
| BloFin ORDI-USDT | +0.0100% | 4h | 4.9110 | +0.077% | $610K | $314K | 75x | as long as short |
| Extended ORDI-USDshort | +0.0104% | 1h | 4.9085 | +0.025% | $2K | $189K | 5x | |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.9035 | −0.075% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.3049% | 1h | 4.9046 | −0.053% | $72K | $49K | 25x | as long as short |
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD