Funding you earn now, next payment 04:00 UTC−0.0228%/8h= −24.9% APRnext payment −$1.14 per $10,000 · paid last 24h −0.087%
Price spread now: BloFin against Aster−0.243%7-day average +0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$579as in the Price arb table
costs, in and out, $10k−$5505.500% of the position
Funding, last 5 days (all we have)−0.263%−$26 on $10k
+Price spread, last 4 days (all we have)+1.315%+$132 · spread now −0.243%, 7d avg +0.051%
=Together, before fees+1.053%+ Points / potential airdropAster: Stage 5 · farm board+$105 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and BloFin is 0.294% cheaper against Aster than usual: you would sell low and buy high (−$29 if the spread goes back to its 7-day average of +0.051%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster OPGUSDT | 0.1351 | 0.0311 | pay 0.0156% / 4h | 2m 54s | $446K | $165K | 5x |
| Short | BloFin OPG-USDT | 0.1348 | 0.0083 | get 0.0042% / 4h | 2m 54s | $228K | $76K | 20x |
Aster OPGUSDT
BloFin OPG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$47.78
- Price spread: −0.243% → +0.051%
- −$29.39
- Slippage, 4 orders
- −$529.99
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$627.17
- Costs to cover
- 5.500%
- Break-even
- never at this rate
Slippage from Aster: live order book, 54 min ago; BloFin: live order book, 28 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, 54 min ago | 18.72 bp | 431.0 bp −$431 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 28 min ago | 14.98 bp | 32.9 bp −$33 | 105.1 bp −$1,051 | doesn't fit | doesn't fit |
OPG on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin OPG-USDTshort | +0.0083% | 4h | 0.1348 | −0.243% | $228K | $76K | 20x | |
| Binance OPGUSDT | +0.0100% | 4h | 0.1348 | −0.224% | $6.4M | $35.3M | 20x | as long as short |
| Bybit OPGUSDT | +0.0100% | 4h | 0.1348 | −0.221% | $3.3M | $10.8M | 20x | as long as short |
| OKX OPG-USDT-SWAP | +0.0100% | 4h | 0.1347 | −0.288% | $550K | $13.8M | 20x | as long as short |
| Gate OPG_USDT | +0.0100% | 4h | 0.1347 | −0.317% | $328K | $888K | 20x | as long as short |
| MEXC OPG_USDT | +0.0100% | 4h | 0.1348 | −0.243% | $489K | $784K | 20x | as long as short |
| KuCoin OPGUSDTM | +0.0100% | 4h | 0.1348 | −0.243% | $665K | $3.1M | 20x | as long as short |
| Bitget OPGUSDT | +0.0100% | 4h | 0.1348 | −0.243% | $882K | $3.1M | 20x | as long as short |
| BingX OPG-USDT | +0.0100% | 4h | 0.1349 | −0.169% | — | $1.9M | — | as long as short |
| Variational Omni OPG | +0.0100% | 4h | 0.1356 | +0.368% | $292K | $498K | — | as long as short |
Binance OPGUSDT
Bybit OPGUSDT
OKX OPG-USDT-SWAP
Gate OPG_USDT
MEXC OPG_USDT
KuCoin OPGUSDTM
Bitget OPGUSDT
BingX OPG-USDT
Variational Omni OPGShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended OPG-USD | +0.0104% | 1h | 0.1349 | −0.183% | $4K | $98K | 5x | as long as short |
| Aster OPGUSDTlong | +0.0311% | 4h | 0.1351 | long leg | $446K | $165K | 5x | |
| Coinbase International OPG-PERP-INTX | +0.1864% | 1h | 0.1368 | +1.251% | $33K | $33K | 50x | as long as short |
Extended OPG-USD
Coinbase International OPG-PERP-INTX