Settings8H · net · $10k
Funding arb · Price arb /

ORDI

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Aster−0.046%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$410.407% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.012%+$1 on $10k
Price spread, last 4 days (all we have)+0.323%+$32 · spread now −0.046%, 7d avg +0.001%
Together, before fees+0.335%+ Points / potential airdropAster: Stage 5 · farm board+$34 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: MEXC is 0.047% cheaper against Aster than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ORDIUSDT4.86420.0100pay 0.0050% / 4h3h 41m$10K$346K5x
ShortMEXC ORDI_USDT4.86200.0100get 0.0050% / 4h3h 41m$6.6M$3.2M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.046% → +0.001%
−$4.67
Slippage, 4 orders
−$32.73
Fee Aster: 4 bp × 2 orders
−$8
Fee MEXC: 0 bp × 2 orders
$0
Net
−$45.41
Costs to cover
0.407%
Break-even
never at this rate
Slippage from Aster: live order book, 56 min ago; MEXC: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 56 min ago5.13 bp16.5 bp −$17doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago1.03 bp3.9 bp −$413.8 bp −$13853.4 bp −$5,342105.9 bp −$52.9K

ORDI on 19 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ORDIUSD−0.0451%1h4.8607−0.073%$69K$43K25xas long as short
dYdX ORDI-USD0.0000%1h4.8657+0.029%$33K$5775xas long as short
Injective ORDI/USDC PERP+0.0033%1h4.5550−6.357%$776$20K5.5xas long as short
Gate ORDI_USDT+0.0054%4h4.8620−0.046%$1.2M$2.6M50xas long as short
Hyperliquid ORDI+0.0100%1h4.8698+0.114%$702K$668K3xas long as short
Aster ORDIUSDTlong+0.0100%4h4.8642long leg$10K$346K5x
Binance ORDIUSDT+0.0100%4h4.86420.000%$9.9M$33.8M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.8610−0.067%$4.1M$4.4M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.8650+0.016%$5.2M$17.7M20xas long as short
MEXC ORDI_USDTshort+0.0100%4h4.8620−0.046%$6.6M$3.2M200x
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ORDIUSDTM+0.0100%4h4.8616−0.054%$1.0M$792K50xas long as short
Bitget ORDIUSDT+0.0100%4h4.8610−0.067%$2.8M$3.5M50xas long as short
BingX ORDI-USDT+0.0100%4h4.8640−0.005%$26.9Mas long as short
Variational Omni ORDI+0.0100%4h4.8747+0.215%$26K$32Kas long as short
SunX ORDI-USDT+0.0100%4h4.8660+0.036%$2K$1.2M20xas long as short
HTX ORDI-USDT+0.0100%4h4.8660+0.036%$85K$342K75xas long as short
BloFin ORDI-USDT+0.0100%4h4.8670+0.057%$590K$306K75xas long as short
Extended ORDI-USD+0.0104%1h4.8675+0.066%$5K$223K5xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0239% / S −0.3359%1h4.8701+0.120%$8K100xas long as short