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

OP

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: SoDEX against Aster−0.153%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.153% cheaper against Aster than usual: you would sell low and buy high, −$15 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster OPUSDT0.12520.0100pay 0.0100% / 8h2h 43m$211K$243K10x
ShortSoDEX OP-USD0.12500.0100get 0.0013% / 1h43m 52s$167$6K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Aster. 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: −0.153% → 0.000%
−$15.35
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$31.35
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 42 min ago; SoDEX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 42 min ago11.58 bp20.7 bp −$21doesn't fitdoesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective OP/USDC PERP−0.1658%1h0.1244−0.649%$34K$58K12xas long as short
GMX OP/USD [OP-USDC]L −0.1066% / S +0.0229%1h0.1250−0.138%$13K100xas long as short
Coinbase International OP-PERP-INTX−0.0328%1h0.1243−0.728%$21K$64K50xas long as short
dYdX OP-USD0.0000%1h0.1248−0.299%$39K$51910xas long as short
Deribit OP_USDC-PERPETUAL0.0000%1h0.1250−0.169%$41K$172K25xas long as short
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0004%1h0.1250−0.169%150xas long as short
Variational Omni OP+0.0010%8h0.1249−0.285%$228K$45Kas long as short
Orderly PERP_OP_USDC+0.0028%8h0.1250−0.169%$6K$51K10xas long as short
OKX OP-USDT-SWAP+0.0096%8h0.1252−0.026%$5.8M$29.5M50xas long as short
Lighter OP+0.0096%1h0.1251−0.058%$267K$899K15xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid OP+0.0100%1h0.1253+0.046%$3.9M$2.9M5xas long as short
Aster OPUSDTlong+0.0100%8h0.1252long leg$211K$243K10x
Binance OPUSDT+0.0100%8h0.1252−0.018%$20.3M$62.5M75xas long as short
Bybit OPUSDT+0.0100%8h0.1251−0.114%$18.4M$25.3M75xas long as short
Gate OP_USDT+0.0100%8h0.1251−0.074%$1.8M$1.4M50xas long as short
MEXC OP_USDT+0.0100%8h0.1252+0.014%$20.1M$7.2M300xas long as short
KuCoin OPUSDTM+0.0100%8h0.1252−0.010%$2.9M$7.5M75xas long as short
Bitget OPUSDT+0.0100%8h0.1252−0.010%$6.0M$6.2M75xas long as short
BingX OP-USDC+0.0100%8h0.1252−0.010%$1.6Mas long as short
Backpack OP_USDC_PERP+0.0100%1h0.1251−0.074%$128K$188K10xas long as short
edgeX OPUSDC+0.0100%4h0.1250−0.174%$9K$381K10xas long as short
GRVT OP_USDT_Perp+0.0100%8h0.1249−0.247%$309K$5.1M10xas long as short
ApeX Omni OPUSDT+0.0100%1h0.1251−0.090%$45K$718K50xas long as short
SoDEX OP-USDshort+0.0100%1h0.1250−0.153%$167$6K5x
HTX OP-USDT+0.0100%8h0.1250−0.161%$173K$234K50xas long as short
Extended OP-USD+0.0104%1h0.1252−0.016%$100K$186K25xas long as short
Aevo OP-PERP+0.0104%1h0.1250−0.174%$4K3xas long as short
Kraken Futures PF_OPUSD+0.0137%1h0.1251−0.077%$773K$733K20xas long as short
BloFin OP-USDT+0.0220%8h0.1247−0.377%$993K$286K75xas long as short
Reya OPRUSDPERP+0.0436%1h0.1250−0.148%$69520xas long as short