Funding you earn now, next payment 00:00 UTC−0.0035%/8h= −3.8% APRnext payment −$0.35 per $10,000 · paid last 24h −0.033%
Price spread now: Variational Omni against Aster−0.076%7-day average −0.074% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.048%−$5 on $10k
+Price spread, last 3 days (all we have)+0.190%+$19 · spread now −0.076%, 7d avg −0.074%
=Together, before fees+0.141%+ Points / potential airdropAster: Stage 5 · Variational Omni: Active · farm board+$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.074%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster OPUSDT | 0.1276 | 0.0100 | pay 0.0100% / 8h | 16m 15s | $213K | $241K | 10x |
| Short | Variational Omni OP | 0.1275 | 0.0065 | get 0.0065% / 8h | 16m 15s | $232K | $55K | — |
Aster OPUSDT
Variational Omni OPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$7.26
- Price spread: −0.076% → −0.074%
- −$0.24
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$15.5
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Aster: live order book, 60 min ago; Variational Omni: RFQ quote, 63 min ago. 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, 60 min ago | 8.20 bp | 31.6 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 63 min ago | 7.82 bp | doesn't fit | 31.3 bp −$313 | doesn't fit | 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 | −0.1633% | 1h | 0.1267 | −0.724% | $35K | $58K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1276 | +0.012% | $13K | — | 100x | as long as short |
| Coinbase International OP-PERP-INTX | −0.0344% | 1h | 0.1270 | −0.489% | $21K | $65K | 50x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1277 | +0.053% | $39K | $519 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1277 | +0.059% | $42K | $171K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1277 | +0.041% | — | — | 150x | as long as short |
| Orderly PERP_OP_USDC | +0.0062% | 8h | 0.1276 | −0.019% | $6K | $49K | 10x | as long as short |
| Variational Omni OPshort | +0.0065% | 8h | 0.1275 | −0.076% | $232K | $55K | — | |
| Lighter OP | +0.0096% | 1h | 0.1278 | +0.099% | $289K | $954K | 15x | as long as short |
| Hyperliquid OP | +0.0100% | 1h | 0.1278 | +0.106% | $4.1M | $2.9M | 5x | 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
Orderly PERP_OP_USDC
Lighter OP
Hyperliquid OPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster OPUSDTlong | +0.0100% | 8h | 0.1276 | long leg | $213K | $241K | 10x | |
| Binance OPUSDT | +0.0100% | 8h | 0.1276 | +0.009% | $20.6M | $61.9M | 75x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1276 | −0.050% | $18.4M | $25.9M | 75x | as long as short |
| OKX OP-USDT-SWAP | +0.0100% | 8h | 0.1276 | +0.012% | $6.1M | $30.4M | 50x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1277 | +0.044% | $2.0M | $1.6M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1277 | +0.028% | $20.2M | $7.3M | 300x | as long as short |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1276 | −0.019% | $2.9M | $7.3M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1277 | +0.059% | $6.1M | $6.3M | 75x | as long as short |
| BingX OP-USDC | +0.0100% | 8h | 0.1276 | −0.019% | — | $1.6M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1275 | −0.129% | $123K | $189K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1272 | −0.350% | $10K | $384K | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1272 | −0.342% | $314K | $4.8M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1273 | −0.254% | $46K | $723K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1276 | +0.005% | $189 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1277 | +0.020% | $176K | $235K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1276 | −0.010% | $102K | $186K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1276 | −0.005% | $4K | — | 3x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1275 | −0.136% | $1.0M | $279K | 75x | as long as short |
| Kraken Futures PF_OPUSD | +0.0358% | 1h | 0.1277 | +0.095% | $803K | $749K | 20x | as long as short |
| Reya OPRUSDPERP | +0.0438% | 1h | 0.1276 | −0.028% | $709 | — | 20x | as long as short |
Binance OPUSDT
Bybit OPUSDT
OKX OP-USDT-SWAP
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
BloFin OP-USDT
Kraken Futures PF_OPUSD
Reya OPRUSDPERP