Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.025%
Price spread now: Binance against Aster−0.091%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$750.751% of the position
Funding, last 7 days−0.071%−$7 on $10k
+Price spread, last 4 days (all we have)+0.129%+$13 · spread now −0.091%, 7d avg −0.022%
=Together, before fees+0.058%+ 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: Binance is 0.069% cheaper against Aster than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster OPUSDT | 0.1252 | 0.0100 | pay 0.0100% / 8h | 2h 00m | $204K | $213K | 10x |
| Short | Binance OPUSDT | 0.1251 | 0.0100 | get 0.0100% / 8h | 2h 00m | $19.5M | $64.9M | 75x |
Aster OPUSDT
Binance OPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Aster. 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: −0.091% → −0.022%
- −$6.93
- Slippage, 4 orders
- −$57.1
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$82.03
- Costs to cover
- 0.751%
- Break-even
- never at this rate
Slippage from Aster: live order book, 46 min ago; Binance: live order book, 11 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 Aster live order book, 46 min ago | 10.32 bp | 34.2 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 0.40 bp | 8.7 bp −$9 | 18.2 bp −$182 | 80.6 bp −$8,059 | doesn't fit |
OP on 30 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective OP/USDC PERP | −0.1583% | 1h | 0.1247 | −0.431% | $34K | $59K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1252 | −0.020% | $13K | — | 100x | as long as short |
| Deribit OP_USDC-PERPETUAL | −0.0548% | 1h | 0.1252 | −0.032% | $33K | $153K | 25x | as long as short |
| Orderly PERP_OP_USDC | −0.0016% | 8h | 0.1251 | −0.111% | $59K | $142K | 10x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1253 | +0.032% | $39K | $532 | 10x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1252 | −0.028% | — | — | 150x | as long as short |
| Variational Omni OP | +0.0005% | 8h | 0.1253 | +0.083% | $222K | $46K | — | as long as short |
| Bybit OPUSDT | +0.0056% | 8h | 0.1251 | −0.103% | $18.4M | $25.7M | 75x | as long as short |
| Kraken Futures PF_OPUSD | +0.0074% | 1h | 0.1253 | +0.049% | $751K | $633K | 20x | as long as short |
| OKX OP-USDT-SWAP | +0.0092% | 8h | 0.1252 | −0.055% | $6.1M | $29.1M | 50x | as long as short |
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
Deribit OP_USDC-PERPETUAL
Orderly PERP_OP_USDC
dYdX OP-USD
gTrade (Gains Network) OP/USD
Variational Omni OP
Bybit OPUSDT
Kraken Futures PF_OPUSD
OKX OP-USDT-SWAPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter OP | +0.0096% | 1h | 0.1252 | −0.047% | $275K | $1.1M | 15x | as long as short |
| KuCoin OPUSDTM | +0.0097% | 8h | 0.1251 | −0.111% | $2.8M | $6.3M | 75x | as long as short |
| Hyperliquid OP | +0.0100% | 1h | 0.1252 | −0.071% | $3.5M | $3.3M | 5x | as long as short |
| Aster OPUSDTlong | +0.0100% | 8h | 0.1252 | long leg | $204K | $213K | 10x | |
| Binance OPUSDTshort | +0.0100% | 8h | 0.1251 | −0.091% | $19.5M | $64.9M | 75x | |
| Gate OP_USDT | +0.0100% | 8h | 0.1252 | −0.032% | $2.0M | $1.5M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1252 | −0.055% | $23.1M | $7.7M | 300x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1252 | −0.032% | $5.8M | $6.7M | 75x | as long as short |
| BingX OP-USDC | +0.0100% | 8h | 0.1251 | −0.111% | — | $1.6M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1251 | −0.111% | $105K | $214K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1250 | −0.155% | $379K | $768K | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1252 | −0.006% | $309K | $5.4M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1253 | +0.048% | $43K | $704K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1251 | −0.087% | $213 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1254 | +0.112% | $173K | $245K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1250 | −0.154% | $101K | $506K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1252 | −0.071% | $3K | $1K | 3x | as long as short |
| Coinbase International OP-PERP-INTX | +0.0160% | 1h | 0.1254 | +0.128% | $26K | $60K | 50x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1252 | −0.032% | $985K | $306K | 75x | as long as short |
| Reya OPRUSDPERP | +0.0443% | 1h | 0.1251 | −0.089% | $696 | — | 20x | as long as short |
Lighter OP
KuCoin OPUSDTM
Hyperliquid OP
Gate OP_USDT
MEXC OP_USDT
Bitget OPUSDT
BingX OP-USDC
Backpack OP_USDC_PERP
edgeX OPUSDC
GRVT OP_USDT_Perp
ApeX Omni OPUSDT
SoDEX OP-USD
HTX OP-USDT
Extended OP-USD
Aevo OP-PERP
Coinbase International OP-PERP-INTX
BloFin OP-USDT
Reya OPRUSDPERP