Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against Bybit+0.081%7-day average +0.053% · 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−$76as in the Price arb table
costs, in and out, $10k−$790.790% of the position
Funding, last 5 days (all we have)−0.015%−$1 on $10k
+Price spread, last 4 days (all we have)−0.073%−$7 · spread now +0.081%, 7d avg +0.053%
=Together, before fees−0.088%+ Points / potential airdropAster: Stage 5 · farm board−$9 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: Aster is 0.028% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.053%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ORDIUSDT | 4.9030 | 0.0100 | pay 0.0050% / 4h | 2h 45m | $4.2M | $4.6M | 50x |
| Short | Aster ORDIUSDT | 4.9070 | 0.0100 | get 0.0050% / 4h | 2h 45m | $9K | $418K | 5x |
Bybit ORDIUSDT
Aster ORDIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Bybit. 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: +0.081% → +0.053%
- $2.82
- Slippage, 4 orders
- −$59.99
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$76.17
- Costs to cover
- 0.790%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; Aster: live order book, 22 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 Bybit live order book, 3 min ago | 2.04 bp | 23.6 bp −$24 | 74.3 bp −$743 | doesn't fit | doesn't fit |
| Sell Aster live order book, 22 min ago | 5.02 bp | 15.7 bp −$16 | doesn't fit | 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 | +0.055% | $34K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −7.098% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9132 | +0.208% | $711K | $661K | 3x | as long as short |
| Aster ORDIUSDTshort | +0.0100% | 4h | 4.9070 | +0.081% | $9K | $418K | 5x | |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9086 | +0.114% | $10.1M | $33.0M | 50x | as long as short |
| Bybit ORDIUSDTlong | +0.0100% | 4h | 4.9030 | long leg | $4.2M | $4.6M | 50x | |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9020 | −0.020% | $5.3M | $17.4M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.9040 | +0.020% | $1.3M | $2.7M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.9070 | +0.082% | $7.1M | $3.4M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.9049 | +0.039% | $914K | $885K | 50x | as long as short |
dYdX ORDI-USD
Injective ORDI/USDC PERP
Hyperliquid ORDI
Binance 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 | +0.082% | $2.9M | $3.4M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.9100 | +0.143% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.9012 | −0.036% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8950 | −0.163% | $2K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8990 | −0.082% | $89K | $355K | 75x | as long as short |
| BloFin ORDI-USDT | +0.0100% | 4h | 4.9110 | +0.163% | $610K | $314K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.9060 | +0.061% | $2K | $189K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.9017 | −0.027% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.3054% | 1h | 4.8977 | −0.108% | $72K | $49K | 25x | as long as short |
Bitget ORDIUSDT
BingX ORDI-USDC
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
BloFin ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD