Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.007%
Price spread now: Gate against Aster−0.048%7-day average −0.047% · 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−$71as in the Price arb table
costs, in and out, $10k−$710.709% of the position
Funding, last 6 days (all we have)−0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.140%+$14 · spread now −0.048%, 7d avg −0.047%
=Together, before fees+0.136%+ Points / potential airdropAster: Stage 5 · farm board+$14 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ORDIUSDT | 4.7883 | 0.0100 | pay 0.0050% / 4h | 50m 17s | $9K | $258K | 5x |
| Short | Gate ORDI_USDT | 4.7860 | 0.0100 | get 0.0050% / 4h | 50m 17s | $1.2M | $2.5M | 50x |
Aster ORDIUSDT
Gate ORDI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.048% → −0.047%
- −$0.07
- Slippage, 4 orders
- −$47.94
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$71.02
- Costs to cover
- 0.709%
- Break-even
- never at this rate
Slippage from Aster: live order book, 55 min ago; Gate: live order book, 1 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, 55 min ago | 6.23 bp | 14.6 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 3.14 bp | 20.5 bp −$20 | 99.3 bp −$993 | doesn't fit | doesn't fit |
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 | −0.1244% | 1h | 4.7716 | −0.349% | $68K | $43K | 25x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.7752 | −0.273% | $33K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −4.872% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.7950 | +0.140% | $691K | $650K | 3x | as long as short |
| Aster ORDIUSDTlong | +0.0100% | 4h | 4.7883 | long leg | $9K | $258K | 5x | |
| Binance ORDIUSDT | +0.0100% | 4h | 4.7902 | +0.040% | $9.6M | $32.5M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.7810 | −0.152% | $4.0M | $4.3M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.7850 | −0.069% | $4.9M | $17.7M | 20x | as long as short |
| Gate ORDI_USDTshort | +0.0100% | 4h | 4.7860 | −0.048% | $1.2M | $2.5M | 50x | |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.7890 | +0.015% | $6.7M | $2.8M | 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
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 | 4.7817 | −0.138% | $960K | $761K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.7850 | −0.069% | $2.7M | $3.3M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.7880 | −0.006% | — | $36.2M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.7772 | −0.231% | $25K | $32K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.7720 | −0.340% | $2K | $1.1M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.7780 | −0.215% | $82K | $349K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.7809 | −0.154% | $3K | $223K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0125% | 4h | 4.7820 | −0.132% | $570K | $277K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0238% / S −0.3359% | 1h | 4.7900 | +0.037% | $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
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]