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

ORDI

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Variational Omni against Aster−0.289%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · Variational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.289% cheaper against Aster than usual: you would sell low and buy high, −$29 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ORDIUSDT4.86130.0100pay 0.0050% / 4h2h 35m$8K$428K5x
ShortVariational Omni ORDI4.84720.0100get 0.0050% / 4h2h 35m$24K$42K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: −0.289% → 0.000%
−$28.92
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$36.92
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 12 min ago; Variational Omni: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 12 min ago5.13 bp14.4 bp −$14doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni no order-book sample
Variational Omni: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ORDIUSD−0.0719%1h4.8506−0.221%$69K$47K25xas long as short
Gate ORDI_USDT−0.0136%4h4.8580−0.068%$1.3M$2.8M50xas long as short
dYdX ORDI-USD0.0000%1h4.8567−0.094%$33K$5775xas long as short
Injective ORDI/USDC PERP+0.0033%1h4.5550−6.301%$776$20K5.5xas long as short
BloFin ORDI-USDT+0.0092%4h4.8550−0.130%$600K$306K75xas long as short
Hyperliquid ORDI+0.0100%1h4.8696+0.171%$702K$665K3xas long as short
Aster ORDIUSDTlong+0.0100%4h4.8613long leg$8K$428K5x
Binance ORDIUSDT+0.0100%4h4.8660+0.097%$9.9M$34.0M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.8610−0.006%$4.1M$4.7M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.8650+0.076%$5.2M$17.8M20xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ORDI_USDT+0.0100%4h4.8650+0.076%$6.5M$3.3M200xas long as short
KuCoin ORDIUSDTM+0.0100%4h4.8603−0.021%$963K$824K50xas long as short
Bitget ORDIUSDT+0.0100%4h4.8650+0.076%$2.8M$3.5M50xas long as short
BingX ORDI-USDT+0.0100%4h4.8580−0.068%$26.9Mas long as short
Variational Omni ORDIshort+0.0100%4h4.8472−0.289%$24K$42K
SunX ORDI-USDT+0.0100%4h4.8500−0.233%$2K$1.2M20xas long as short
HTX ORDI-USDT+0.0100%4h4.8480−0.274%$85K$434K75xas long as short
Extended ORDI-USD+0.0104%1h4.8677+0.131%$2K$180K5xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0239% / S −0.3359%1h4.8628+0.031%$8K100xas long as short