Funding you earn now, next payment 04:00 UTC−0.0220%/8h= −24.1% APRnext payment −$1.10 per $10,000 · paid last 24h −0.122%
Price spread now: Bybit against Aster−0.212%7-day average −0.075% · 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−$659as in the Price arb table
costs, in and out, $10k−$6466.456% of the position
Funding, last 5 days (all we have)−0.368%−$37 on $10k
+Price spread, last 4 days (all we have)+0.384%+$38 · spread now −0.212%, 7d avg −0.075%
=Together, before fees+0.016%+ Points / potential airdropAster: Stage 5 · farm board+$2 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 Bybit is 0.137% cheaper against Aster than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.075%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster OPGUSDT | 0.1352 | 0.0320 | pay 0.0160% / 4h | 4m 52s | $446K | $165K | 5x |
| Short | Bybit OPGUSDT | 0.1349 | 0.0100 | get 0.0050% / 4h | 4m 52s | $3.3M | $10.8M | 20x |
Aster OPGUSDT
Bybit OPGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$46.26
- Price spread: −0.212% → −0.075%
- −$13.69
- Slippage, 4 orders
- −$626.57
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$705.52
- Costs to cover
- 6.456%
- Break-even
- never at this rate
Slippage from Aster: live order book, 52 min ago; Bybit: live order book, 3 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, 52 min ago | 18.72 bp | 431.0 bp −$431 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 5.56 bp | 77.6 bp −$78 | 465.3 bp −$4,653 | 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-USDT | +0.0064% | 4h | 0.1352 | −0.012% | $229K | $76K | 20x | as long as short |
| Binance OPGUSDT | +0.0100% | 4h | 0.1350 | −0.160% | $6.4M | $35.3M | 20x | as long as short |
| Bybit OPGUSDTshort | +0.0100% | 4h | 0.1349 | −0.212% | $3.3M | $10.8M | 20x | |
| OKX OPG-USDT-SWAP | +0.0100% | 4h | 0.1351 | −0.123% | $553K | $13.9M | 20x | as long as short |
| Gate OPG_USDT | +0.0100% | 4h | 0.1349 | −0.234% | $328K | $888K | 20x | as long as short |
| MEXC OPG_USDT | +0.0100% | 4h | 0.1350 | −0.160% | $490K | $784K | 20x | as long as short |
| KuCoin OPGUSDTM | +0.0100% | 4h | 0.1350 | −0.189% | $665K | $3.1M | 20x | as long as short |
| Bitget OPGUSDT | +0.0100% | 4h | 0.1350 | −0.160% | $882K | $3.1M | 20x | as long as short |
| BingX OPG-USDT | +0.0100% | 4h | 0.1349 | −0.234% | — | $1.9M | — | as long as short |
| Variational Omni OPG | +0.0100% | 4h | 0.1356 | +0.303% | $292K | $498K | — | as long as short |
BloFin OPG-USDT
Binance 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 | 0.1350 | −0.164% | $4K | $98K | 5x | as long as short |
| Aster OPGUSDTlong | +0.0320% | 4h | 0.1352 | long leg | $446K | $165K | 5x | |
| Coinbase International OPG-PERP-INTX | +0.1864% | 1h | 0.1368 | +1.185% | $33K | $33K | 50x | as long as short |
Extended OPG-USD
Coinbase International OPG-PERP-INTX