Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against KuCoin+0.182%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1371.368% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.073%−$7 · spread now +0.182%, 7d avg +0.051%
=Together, before fees−0.072%+ Points / potential airdropAster: Stage 5 · farm board−$7 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 0.131% dearer against KuCoin than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.051%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin OPUSDTM | 0.1259 | 0.0100 | pay 0.0100% / 8h | 6h 06m | $2.9M | $6.8M | 75x |
| Short | Aster OPUSDT | 0.1261 | 0.0100 | get 0.0100% / 8h | 6h 06m | $211K | $229K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against KuCoin. 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: +0.182% → +0.051%
- $13.11
- Slippage, 4 orders
- −$116.8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$123.69
- Costs to cover
- 1.368%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; Aster: live order book, 60 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 KuCoin live order book, 2 min ago | 3.97 bp | 35.7 bp −$36 | 87.5 bp −$875 | doesn't fit | doesn't fit |
| Sell Aster live order book, 60 min ago | 11.80 bp | 19.8 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
OP on 29 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 | −0.1535% | 1h | 0.1255 | −0.318% | $35K | $58K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1261 | +0.156% | $13K | — | 100x | as long as short |
| Coinbase International OP-PERP-INTX | −0.0184% | 1h | 0.1279 | +1.589% | $25K | $74K | 50x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1262 | +0.221% | $39K | $519 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1261 | +0.159% | $42K | $151K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1261 | +0.168% | — | — | 150x | as long as short |
| Orderly PERP_OP_USDC | +0.0053% | 8h | 0.1260 | +0.079% | $6K | $47K | 10x | as long as short |
| Variational Omni OP | +0.0054% | 8h | 0.1259 | +0.034% | $223K | $50K | — | as long as short |
| OKX OP-USDT-SWAP | +0.0064% | 8h | 0.1259 | +0.016% | $6.1M | $29.4M | 50x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1262 | +0.222% | $280K | $949K | 15x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid OP | +0.0100% | 1h | 0.1260 | +0.040% | $3.7M | $3.0M | 5x | as long as short |
| Aster OPUSDTshort | +0.0100% | 8h | 0.1261 | +0.182% | $211K | $229K | 10x | |
| Binance OPUSDT | +0.0100% | 8h | 0.1259 | +0.024% | $20.2M | $61.4M | 75x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1259 | −0.024% | $18.3M | $25.7M | 75x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1261 | +0.135% | $1.9M | $1.6M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1261 | +0.135% | $20.6M | $7.5M | 300x | as long as short |
| KuCoin OPUSDTMlong | +0.0100% | 8h | 0.1259 | long leg | $2.9M | $6.8M | 75x | |
| Bitget OPUSDT | +0.0100% | 8h | 0.1260 | +0.079% | $5.9M | $6.5M | 75x | as long as short |
| BingX OP-USDT | +0.0100% | 8h | 0.1259 | +0.032% | — | $6.8M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1259 | +0.024% | $121K | $201K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1257 | −0.145% | $4K | $388K | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1257 | −0.197% | $309K | $5.2M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1257 | −0.159% | $43K | $707K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1260 | +0.111% | $184 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1261 | +0.191% | $174K | $223K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1260 | +0.087% | $101K | $392K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1261 | +0.164% | $3K | $1K | 3x | as long as short |
| Reya OPRUSDPERP | +0.0440% | 1h | 0.1260 | +0.095% | $701 | — | 20x | as long as short |
| Kraken Futures PF_OPUSD | +0.0462% | 1h | 0.1262 | +0.224% | $797K | $587K | 20x | as long as short |
KuCoin OPUSDTM
Aster OPUSDT
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
Coinbase International OP-PERP-INTX
Deribit OP_USDC-PERPETUAL
gTrade (Gains Network) OP/USD
Variational Omni OP
OKX OP-USDT-SWAP
Lighter OP
Hyperliquid OP
Binance OPUSDT
Bybit OPUSDT
Gate OP_USDT
MEXC OP_USDT
Bitget OPUSDT
BingX OP-USDT
Backpack OP_USDC_PERP
edgeX OPUSDC
GRVT OP_USDT_Perp
ApeX Omni OPUSDT
SoDEX OP-USD
HTX OP-USDT
Extended OP-USD
Kraken Futures PF_OPUSD