After costs, if the gap returns to its 7d average, $10k−$92
spread now−0.020%7d average+0.067%fees + slippage, in and out−$83spread needed0.831%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ORDI-USDC | 4.9050 | 0.0100 | pay 0.0050% / 4h | 1h 32m | — | $2.3M | — |
| Short | Aster ORDIUSDT | 4.9040 | 0.0100 | get 0.0050% / 4h | 1h 32m | $17K | $404K | 5x |
BingX ORDI-USDC
Aster ORDIUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$2.04
- Funding while held
- $0
- Slippage, 4 orders
- −$65.15
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$85.18
- Spread needed to break even
- 0.831%
Slippage from BingX: live order book, 7 min ago; Aster: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- Average in range /8h
- —
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 BingX live order book, 7 min ago | 1.01 bp | 21.3 bp −$21 | 108.7 bp −$1,087 | 390.8 bp −$39.1K | 455.6 bp −$227.8K |
| Sell Aster live order book, 2 min ago | 5.09 bp | 20.1 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
ORDI price on every exchange
against the cheapest. Click to use as the short leg.Injective4.5550cheapest
dYdX4.8981+7.533%SunX4.8990+7.552%Gate4.9010+7.596%KuCoin4.9021+7.620%
Injective
dYdX
SunX
Gate
KuCoinAster4.9040+7.662%
Bybit4.9040+7.662%Bitget4.9050+7.684%
Bybit
BitgetBingX4.9050+7.684%
BloFin4.9050+7.684%OKX4.9060+7.706%MEXC4.9060+7.706%HTX4.9060+7.706%GMX4.9069+7.726%Extended4.9081+7.753%Binance4.9087+7.765%Kraken Futures4.9105+7.804%Hyperliquid4.9128+7.855%Variational Omni4.9242+8.105%
BloFin
OKX
MEXC
HTX
GMX
Extended
Binance
Kraken Futures
Hyperliquid
Variational OmniORDI on 19 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ORDI/USDC PERP | −7.136% | +0.0033% | 1h | $776 | $20K | 5.5x | as long as short |
| dYdX ORDI-USD | −0.140% | 0.0000% | 1h | $34K | $651 | 5x | as long as short |
| SunX ORDI-USDT | −0.122% | +0.0100% | 4h | $1K | $1.2M | 20x | as long as short |
| Gate ORDI_USDT | −0.082% | −0.0016% | 4h | $1.3M | $2.6M | 50x | as long as short |
| KuCoin ORDIUSDTM | −0.059% | +0.0100% | 4h | $905K | $809K | 50x | as long as short |
| Aster ORDIUSDTshort | −0.020% | +0.0100% | 4h | $17K | $404K | 5x | |
| Bybit ORDIUSDT | −0.020% | +0.0100% | 4h | $4.1M | $3.8M | 50x | as long as short |
| Bitget ORDIUSDT | 0.000% | +0.0100% | 4h | $2.9M | $2.8M | 50x | as long as short |
| BingX ORDI-USDClong | 0.000% | +0.0100% | 4h | — | $2.3M | — | |
| BloFin ORDI-USDT | 0.000% | +0.0145% | 4h | $629K | $296K | 75x | as long as short |
Show all 19 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX ORDI-USDT-SWAP | +0.020% | +0.0100% | 4h | $5.4M | $16.1M | 20x | as long as short |
| MEXC ORDI_USDT | +0.020% | +0.0100% | 4h | $6.7M | $3.1M | 200x | as long as short |
| HTX ORDI-USDT | +0.020% | +0.0100% | 4h | $85K | $349K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | +0.039% | L +0.0239% / S −0.3359% | 1h | $8K | — | 100x | as long as short |
| Extended ORDI-USD | +0.064% | +0.0104% | 1h | $5K | $172K | 5x | as long as short |
| Binance ORDIUSDT | +0.075% | +0.0100% | 4h | $9.9M | $29.5M | 50x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.112% | +0.0195% | 1h | $65K | $35K | 25x | as long as short |
| Hyperliquid ORDI | +0.159% | +0.0100% | 1h | $912K | $533K | 3x | as long as short |
| Variational Omni ORDI | +0.391% | +0.0100% | 4h | $24K | $58K | — | as long as short |