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

OP

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Aster against edgeX−0.135%7-day average +0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$910.906% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 3 days (all we have)+0.043%+$4 · spread now −0.135%, 7d avg +0.078%
Together, before fees+0.043%+ Points / potential airdropedgeX: Active · Aster: Stage 5 · farm board+$4 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: Aster is 0.213% cheaper against edgeX than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of +0.078%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX OPUSDC0.12640.0100pay 0.0050% / 4h3h 21m$4K$391K10x
ShortAster OPUSDT0.12620.0100get 0.0100% / 8h7h 21m$211K$236K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against edgeX. 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: −0.135% → +0.078%
−$21.32
Slippage, 4 orders
−$73.58
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$111.9
Costs to cover
0.906%
Break-even
never at this rate
Slippage from edgeX: live order book, 52 min ago; Aster: live order book, 50 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 52 min ago7.86 bp20.3 bp −$20142.0 bp −$1,420doesn't fitdoesn't fit
Sell Aster live order book, 50 min ago11.80 bp19.1 bp −$19doesn't fitdoesn't fitdoesn't fit

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−0.1656%1h0.1259−0.394%$35K$58K12xas long as short
GMX OP/USD [OP-USDC]L −0.1065% / S +0.0229%1h0.1262−0.132%$13K100xas long as short
Coinbase International OP-PERP-INTX−0.0352%1h0.1261−0.236%$20K$63K50xas long as short
dYdX OP-USD0.0000%1h0.1262−0.157%$39K$51910xas long as short
Deribit OP_USDC-PERPETUAL0.0000%1h0.1262−0.157%$42K$171K25xas long as short
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0004%1h0.1262−0.155%150xas long as short
Variational Omni OP+0.0045%8h0.1261−0.225%$230K$47Kas long as short
Orderly PERP_OP_USDC+0.0057%8h0.1262−0.157%$6K$48K10xas long as short
Bybit OPUSDT+0.0058%8h0.1262−0.181%$18.3M$25.9M75xas long as short
Lighter OP+0.0096%1h0.1262−0.141%$282K$950K15xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid OP+0.0100%1h0.1263−0.078%$3.9M$2.9M5xas long as short
Aster OPUSDTshort+0.0100%8h0.1262−0.135%$211K$236K10x
Binance OPUSDT+0.0100%8h0.1262−0.122%$20.4M$61.9M75xas long as short
OKX OP-USDT-SWAP+0.0100%8h0.1262−0.197%$6.1M$30.0M50xas long as short
Gate OP_USDT+0.0100%8h0.1263−0.086%$1.9M$1.6M50xas long as short
MEXC OP_USDT+0.0100%8h0.1262−0.197%$20.0M$7.3M300xas long as short
KuCoin OPUSDTM+0.0100%8h0.1261−0.236%$2.9M$7.1M75xas long as short
Bitget OPUSDT+0.0100%8h0.1262−0.157%$6.0M$6.4M75xas long as short
BingX OP-USDT+0.0100%8h0.1262−0.157%$6.8Mas long as short
Backpack OP_USDC_PERP+0.0100%1h0.1262−0.149%$121K$188K10xas long as short
edgeX OPUSDClong+0.0100%4h0.1264long leg$4K$391K10x
GRVT OP_USDT_Perp+0.0100%8h0.1269+0.397%$307K$5.0M10xas long as short
ApeX Omni OPUSDT+0.0100%1h0.1263−0.078%$43K$724K50xas long as short
SoDEX OP-USD+0.0100%1h0.1262−0.125%$174$6K5xas long as short
HTX OP-USDT+0.0100%8h0.1263−0.046%$174K$234K50xas long as short
Extended OP-USD+0.0104%1h0.1262−0.180%$106K$430K25xas long as short
Aevo OP-PERP+0.0104%1h0.1264+0.007%$3K$1K3xas long as short
BloFin OP-USDT+0.0220%8h0.1264−0.015%$1.0M$275K75xas long as short
Kraken Futures PF_OPUSD+0.0384%1h0.1264+0.003%$799K$756K20xas long as short
Reya OPRUSDPERP+0.0438%1h0.1261−0.223%$70120xas long as short