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

ORDI

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against SunX+0.100%7-day average +0.177% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$171as in the Price arb table
costs, in and out, $10k−$1641.636% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.015%−$1 on $10k
Price spread, last 3 days (all we have)−0.044%−$4 · spread now +0.100%, 7d avg +0.177%
Together, before fees−0.059%+ Points / potential airdropAster: Stage 5 · farm board−$6 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 0.077% cheaper against SunX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.177%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ORDI-USDT4.83700.0100pay 0.0050% / 4h2h 06m$1K$1.2M20x
ShortAster ORDIUSDT4.84180.0100get 0.0050% / 4h2h 06m$5K$415K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against SunX. 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: +0.100% → +0.177%
−$7.72
Slippage, 4 orders
−$147.59
Fee SunX: 4 bp × 2 orders
−$8
Fee Aster: 4 bp × 2 orders
−$8
Net
−$171.31
Costs to cover
1.636%
Break-even
never at this rate
Slippage from SunX: live order book, 7 min ago; Aster: live order book, 16 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 SunX live order book, 7 min ago30.99 bp79.9 bp −$80doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 16 min ago5.13 bp17.8 bp −$18doesn't fitdoesn't fitdoesn't fit

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
dYdX ORDI-USD0.0000%1h4.8394+0.049%$33K$6515xas long as short
Injective ORDI/USDC PERP+0.0033%1h4.5550−5.830%$776$20K5.5xas long as short
Gate ORDI_USDT+0.0084%4h4.83700.000%$1.2M$2.7M50xas long as short
Hyperliquid ORDI+0.0100%1h4.8455+0.176%$705K$645K3xas long as short
Aster ORDIUSDTshort+0.0100%4h4.8418+0.100%$5K$415K5x
Binance ORDIUSDT+0.0100%4h4.8400+0.062%$9.8M$30.7M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.8340−0.062%$4.1M$4.2M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.83700.000%$5.3M$16.1M20xas long as short
MEXC ORDI_USDT+0.0100%4h4.8410+0.083%$7.0M$3.3M200xas long as short
KuCoin ORDIUSDTM+0.0100%4h4.8367−0.006%$924K$823K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ORDIUSDT+0.0100%4h4.8390+0.041%$2.8M$2.9M50xas long as short
BingX ORDI-USDT+0.0100%4h4.8380+0.021%$24.5Mas long as short
Variational Omni ORDI+0.0100%4h4.8389+0.040%$24K$56Kas long as short
SunX ORDI-USDTlong+0.0100%4h4.8370long leg$1K$1.2M20x
HTX ORDI-USDT+0.0100%4h4.8360−0.021%$88K$362K75xas long as short
Extended ORDI-USD+0.0104%1h4.8384+0.028%$5K$172K5xas long as short
BloFin ORDI-USDT+0.0109%4h4.8430+0.124%$605K$299K75xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0238% / S −0.3359%1h4.8382+0.024%$8K100xas long as short
Kraken Futures PF_ORDIUSD+0.2509%1h4.8500+0.270%$65K$42K25xas long as short