Funding you earn now, next payment 06:00 UTC−0.0329%/8h= −36.1% APRpaid last 24h −0.095%
Price spread now: GMX against Aster+0.076%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. GMX is 0.076% dearer against Aster than usual: you sell high and buy low (spread +0.076% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 19 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster OPUSDT | 0.1248 | 0.0100 | pay 0.0100% / 8h | 2h 39m | $208K | $218K | 10x |
| Short | GMX OP/USD [OP-USDC] | 0.1249 | L −0.1065% / S +0.0229% | pay 0.0029% / 1h | 39m 04s | $13K | — | 100x |
Aster OPUSDT
GMX OP/USD [OP-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- −$69.15
- Price spread: +0.076% → 0.000%
- $7.62
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$81.53
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Aster: live order book, 7 min ago; GMX: no order-book sample. Net counts fees only.
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, 7 min ago | 10.32 bp | 34.2 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.1241 | −0.557% | $34K | $59K | 12x | as long as short |
| GMX OP/USD [OP-USDC]short | L −0.1065% / S +0.0229% | 1h | 0.1249 | +0.076% | $13K | — | 100x | |
| dYdX OP-USD | 0.0000% | 1h | 0.1249 | +0.100% | $39K | $532 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1249 | +0.084% | $40K | $139K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1249 | +0.062% | — | — | 150x | as long as short |
| Variational Omni OP | +0.0026% | 8h | 0.1251 | +0.216% | $221K | $48K | — | as long as short |
| Orderly PERP_OP_USDC | +0.0030% | 8h | 0.1247 | −0.076% | $59K | $117K | 10x | as long as short |
| Kraken Futures PF_OPUSD | +0.0075% | 1h | 0.1249 | +0.106% | $764K | $612K | 20x | as long as short |
| OKX OP-USDT-SWAP | +0.0095% | 8h | 0.1250 | +0.132% | $6.2M | $28.6M | 50x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1248 | +0.020% | $288K | $987K | 15x | as long as short |
Injective OP/USDC PERP
dYdX OP-USD
Deribit OP_USDC-PERPETUAL
gTrade (Gains Network) OP/USD
Variational Omni OP
Orderly PERP_OP_USDC
Kraken Futures PF_OPUSD
OKX OP-USDT-SWAP
Lighter OPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid OP | +0.0100% | 1h | 0.1249 | +0.044% | $3.5M | $2.8M | 5x | as long as short |
| Aster OPUSDTlong | +0.0100% | 8h | 0.1248 | long leg | $208K | $218K | 10x | |
| Binance OPUSDT | +0.0100% | 8h | 0.1249 | +0.068% | $19.8M | $63.5M | 75x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1249 | +0.052% | $18.5M | $25.5M | 75x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1249 | +0.084% | $2.0M | $1.5M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1249 | +0.108% | $22.9M | $7.6M | 300x | as long as short |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1248 | +0.004% | $2.9M | $6.4M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1249 | +0.084% | $5.8M | $6.6M | 75x | as long as short |
| BingX OP-USDC | +0.0100% | 8h | 0.1247 | −0.076% | — | $1.6M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1247 | −0.052% | $105K | $215K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1259 | +0.862% | $381K | $768K | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1247 | −0.068% | $305K | $5.2M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1253 | +0.405% | $43K | $705K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1247 | −0.036% | $194 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1250 | +0.188% | $172K | $236K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1248 | +0.013% | $100K | $505K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1247 | −0.078% | $3K | $1K | 3x | as long as short |
| Coinbase International OP-PERP-INTX | +0.0160% | 1h | 0.1245 | −0.236% | $26K | $60K | 50x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1248 | −0.020% | $1.0M | $275K | 75x | as long as short |
| Reya OPRUSDPERP | +0.0442% | 1h | 0.1248 | +0.002% | $694 | — | 20x | as long as short |
Hyperliquid OP
Binance OPUSDT
Bybit OPUSDT
Gate OP_USDT
MEXC OP_USDT
KuCoin OPUSDTM
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