Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Aster against Extended−0.007%7-day average +0.038% · 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−$74as in the Price arb table
costs, in and out, $10k−$700.696% of the position
Funding, last 5 days (all we have)−0.013%−$1 on $10k
+Price spread, last 4 days (all we have)+0.047%+$5 · spread now −0.007%, 7d avg +0.038%
=Together, before fees+0.033%+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm board+$3 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 0.045% cheaper against Extended than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ORDI-USD | 4.8383 | 0.0104 | pay 0.0013% / 1h | 3m 29s | $4K | $172K | 5x |
| Short | Aster ORDIUSDT | 4.8380 | 0.0100 | get 0.0050% / 4h | 2h 03m | $5K | $415K | 5x |
Extended ORDI-USD
Aster ORDIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Extended. 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
- −$0.84
- Price spread: −0.007% → +0.038%
- −$4.5
- Slippage, 4 orders
- −$56.6
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$74.94
- Costs to cover
- 0.696%
- Break-even
- never at this rate
Slippage from Extended: live order book, 18 min ago; Aster: live order book, 19 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 Extended live order book, 18 min ago | 3.19 bp | 18.5 bp −$18 | 153.9 bp −$1,539 | doesn't fit | doesn't fit |
| Sell Aster live order book, 19 min ago | 5.13 bp | 17.8 bp −$18 | 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 | 4.8354 | −0.062% | $33K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −5.856% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8442 | +0.121% | $705K | $645K | 3x | as long as short |
| Aster ORDIUSDTshort | +0.0100% | 4h | 4.8380 | −0.007% | $5K | $415K | 5x | |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8390 | +0.014% | $9.8M | $30.7M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8330 | −0.111% | $4.1M | $4.2M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8370 | −0.028% | $5.3M | $16.1M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8340 | −0.090% | $1.2M | $2.7M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8390 | +0.014% | $7.0M | $3.3M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8350 | −0.069% | $924K | $823K | 50x | as long as short |
dYdX ORDI-USD
Injective ORDI/USDC PERP
Hyperliquid ORDI
Binance ORDIUSDT
Bybit 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 | 4.8360 | −0.049% | $2.8M | $2.9M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.8350 | −0.069% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8348 | −0.074% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8330 | −0.111% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8310 | −0.152% | $88K | $362K | 75x | as long as short |
| Extended ORDI-USDlong | +0.0104% | 1h | 4.8383 | long leg | $4K | $172K | 5x | |
| BloFin ORDI-USDT | +0.0143% | 4h | 4.8370 | −0.028% | $605K | $298K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0238% / S −0.3359% | 1h | 4.8336 | −0.099% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.2509% | 1h | 4.8504 | +0.249% | $65K | $42K | 25x | as long as short |
Bitget ORDIUSDT
BingX ORDI-USDC
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD