Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.039%
Price spread now: MEXC against Aster−0.078%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$540.535% of the position
Funding, last 7 days−0.074%−$7 on $10k
+Price spread, last 4 days (all we have)−0.050%−$5 · spread now −0.078%, 7d avg −0.030%
=Together, before fees−0.124%+ Points / potential airdropAster: Stage 5 · farm board−$12 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: MEXC is 0.048% cheaper against Aster than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster OPUSDT | 0.1277 | 0.0100 | pay 0.0100% / 8h | 1h 23m | $213K | $241K | 10x |
| Short | MEXC OP_USDT | 0.1276 | 0.0100 | get 0.0100% / 8h | 1h 23m | $20.1M | $7.1M | 300x |
Aster OPUSDT
MEXC OP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.078% → −0.030%
- −$4.8
- Slippage, 4 orders
- −$45.52
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$58.32
- Costs to cover
- 0.535%
- Break-even
- never at this rate
Slippage from Aster: live order book, 58 min ago; MEXC: live order book, 1 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, 58 min ago | 9.47 bp | 28.8 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 0.39 bp | 2.4 bp −$2 | 7.8 bp −$78 | 57.5 bp −$5,750 | 114.8 bp −$57.4K |
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 | −0.1710% | 1h | 0.1266 | −0.885% | $35K | $58K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1277 | −0.009% | $13K | — | 100x | as long as short |
| Coinbase International OP-PERP-INTX | −0.0360% | 1h | 0.1269 | −0.650% | $21K | $64K | 50x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1277 | −0.035% | $39K | $519 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1276 | −0.102% | $42K | $171K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1277 | −0.010% | — | — | 150x | as long as short |
| Variational Omni OP | +0.0047% | 8h | 0.1273 | −0.369% | $233K | $52K | — | as long as short |
| Orderly PERP_OP_USDC | +0.0059% | 8h | 0.1276 | −0.102% | $6K | $49K | 10x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1277 | −0.055% | $277K | $906K | 15x | as long as short |
| OKX OP-USDT-SWAP | +0.0096% | 8h | 0.1276 | −0.109% | $6.0M | $30.2M | 50x | as long as short |
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
Coinbase International OP-PERP-INTX
dYdX OP-USD
Deribit OP_USDC-PERPETUAL
gTrade (Gains Network) OP/USD
Variational Omni OP
Orderly PERP_OP_USDC
Lighter OP
OKX OP-USDT-SWAPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid OP | +0.0100% | 1h | 0.1277 | +0.008% | $4.1M | $2.9M | 5x | as long as short |
| Aster OPUSDTlong | +0.0100% | 8h | 0.1277 | long leg | $213K | $241K | 10x | |
| Binance OPUSDT | +0.0100% | 8h | 0.1276 | −0.089% | $20.7M | $61.8M | 75x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1276 | −0.125% | $18.8M | $25.4M | 75x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1277 | −0.055% | $1.9M | $1.5M | 50x | as long as short |
| MEXC OP_USDTshort | +0.0100% | 8h | 0.1276 | −0.078% | $20.1M | $7.1M | 300x | |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1276 | −0.102% | $2.9M | $7.5M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1277 | −0.023% | $6.1M | $6.2M | 75x | as long as short |
| BingX OP-USDC | +0.0100% | 8h | 0.1277 | −0.023% | — | $1.6M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1276 | −0.094% | $127K | $190K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1275 | −0.175% | $11K | $380K | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1276 | −0.102% | $319K | $5.1M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1276 | −0.102% | $46K | $721K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1276 | −0.133% | $176 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1278 | +0.024% | $177K | $232K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1275 | −0.164% | $102K | $186K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1277 | −0.036% | $4K | — | 3x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1276 | −0.125% | $1.0M | $287K | 75x | as long as short |
| Kraken Futures PF_OPUSD | +0.0225% | 1h | 0.1277 | +0.015% | $798K | $745K | 20x | as long as short |
| Reya OPRUSDPERP | +0.0437% | 1h | 0.1276 | −0.080% | $710 | — | 20x | as long as short |
Hyperliquid OP
Binance OPUSDT
Bybit OPUSDT
Gate 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
BloFin OP-USDT
Kraken Futures PF_OPUSD
Reya OPRUSDPERP