Funding you earn now, next payment 04:00 UTC−0.0229%/8h= −25.1% APRnext payment −$1.14 per $10,000 · paid last 24h −0.102%
Price spread now: Gate against Aster−0.267%7-day average −0.095% · 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−$955as in the Price arb table
costs, in and out, $10k−$9379.374% of the position
Funding, last 5 days (all we have)−0.216%−$22 on $10k
+Price spread, last 4 days (all we have)+0.591%+$59 · spread now −0.267%, 7d avg −0.095%
=Together, before fees+0.375%+ Points / potential airdropAster: Stage 5 · farm board+$37 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 Gate is 0.172% cheaper against Aster than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.095%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster OPGUSDT | 0.1333 | 0.0329 | pay 0.0164% / 4h | 55m 01s | $440K | $163K | 5x |
| Short | Gate OPG_USDT | 0.1329 | 0.0100 | get 0.0050% / 4h | 55m 01s | $324K | $883K | 20x |
Aster OPGUSDT
Gate OPG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$48.06
- Price spread: −0.267% → −0.095%
- −$17.21
- Slippage, 4 orders
- −$914.39
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,002.65
- Costs to cover
- 9.374%
- Break-even
- never at this rate
Slippage from Aster: live order book, 2 min ago; Gate: live order book, 2 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, 2 min ago | 18.72 bp | 431.0 bp −$431 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 11.22 bp | 187.6 bp −$188 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance OPGUSDT | +0.0100% | 4h | 0.1330 | −0.201% | $6.3M | $34.9M | 20x | as long as short |
| Bybit OPGUSDT | +0.0100% | 4h | 0.1330 | −0.214% | $3.2M | $10.8M | 20x | as long as short |
| OKX OPG-USDT-SWAP | +0.0100% | 4h | 0.1329 | −0.274% | $539K | $13.5M | 20x | as long as short |
| Gate OPG_USDTshort | +0.0100% | 4h | 0.1329 | −0.267% | $324K | $883K | 20x | |
| MEXC OPG_USDT | +0.0100% | 4h | 0.1329 | −0.267% | $494K | $779K | 20x | as long as short |
| KuCoin OPGUSDTM | +0.0100% | 4h | 0.1330 | −0.199% | $655K | $3.1M | 20x | as long as short |
| Bitget OPGUSDT | +0.0100% | 4h | 0.1330 | −0.192% | $878K | $3.1M | 20x | as long as short |
| BingX OPG-USDT | +0.0100% | 4h | 0.1330 | −0.192% | — | $1.9M | — | as long as short |
| Variational Omni OPG | +0.0100% | 4h | 0.1336 | +0.283% | $287K | $497K | — | as long as short |
| Extended OPG-USD | +0.0104% | 1h | 0.1329 | −0.254% | $4K | $96K | 5x | as long as short |
Binance OPGUSDT
Bybit OPGUSDT
OKX OPG-USDT-SWAP
MEXC OPG_USDT
KuCoin OPGUSDTM
Bitget OPGUSDT
BingX OPG-USDT
Variational Omni OPG
Extended OPG-USDShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin OPG-USDT | +0.0123% | 4h | 0.1340 | +0.559% | $226K | $74K | 20x | as long as short |
| Aster OPGUSDTlong | +0.0329% | 4h | 0.1333 | long leg | $440K | $163K | 5x | |
| Coinbase International OPG-PERP-INTX | +0.1864% | 1h | 0.1352 | +1.438% | $33K | $33K | 50x | as long as short |
BloFin OPG-USDT
Coinbase International OPG-PERP-INTX