Funding you earn now, next payment 04:00 UTC−0.0231%/8h= −25.3% APRnext payment −$1.15 per $10,000 · paid last 24h −0.088%
Price spread now: KuCoin against Aster+0.052%7-day average −0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$841as in the Price arb table
costs, in and out, $10k−$8558.546% of the position
Funding, last 5 days (all we have)−0.285%−$29 on $10k
+Price spread, last 4 days (all we have)+0.355%+$36 · spread now +0.052%, 7d avg −0.088%
=Together, before fees+0.070%+ Points / potential airdropAster: Stage 5 · farm board+$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.140% dearer against Aster than usual: you sell high and buy low (spread +0.052% now, against its 7-day average of −0.088%): +$14 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster OPGUSDT | 0.1300 | 0.0331 | pay 0.0165% / 4h | 1h 39m | $429K | $160K | 5x |
| Short | KuCoin OPGUSDTM | 0.1300 | 0.0100 | get 0.0050% / 4h | 1h 39m | $639K | $3.0M | 20x |
Aster OPGUSDT
KuCoin OPGUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$48.44
- Price spread: +0.052% → −0.088%
- $13.98
- Slippage, 4 orders
- −$834.59
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$889.04
- Costs to cover
- 8.546%
- Break-even
- never at this rate
Slippage from Aster: live order book, 23 min ago; KuCoin: 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, 23 min ago | 11.38 bp | 62.0 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 8.41 bp | 388.3 bp −$388 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin OPG-USDT | +0.0067% | 4h | 0.1297 | −0.218% | $218K | $70K | 20x | as long as short |
| Binance OPGUSDT | +0.0100% | 4h | 0.1299 | −0.030% | $6.1M | $34.5M | 20x | as long as short |
| Bybit OPGUSDT | +0.0100% | 4h | 0.1299 | −0.056% | $3.1M | $10.6M | 20x | as long as short |
| OKX OPG-USDT-SWAP | +0.0100% | 4h | 0.1301 | +0.129% | $533K | $13.1M | 20x | as long as short |
| Gate OPG_USDT | +0.0100% | 4h | 0.1299 | −0.064% | $317K | $883K | 20x | as long as short |
| MEXC OPG_USDT | +0.0100% | 4h | 0.1298 | −0.141% | $516K | $774K | 20x | as long as short |
| KuCoin OPGUSDTMshort | +0.0100% | 4h | 0.1300 | +0.052% | $639K | $3.0M | 20x | |
| Bitget OPGUSDT | +0.0100% | 4h | 0.1299 | −0.064% | $842K | $3.1M | 20x | as long as short |
| BingX OPG-USDT | +0.0100% | 4h | 0.1300 | +0.013% | — | $1.9M | — | as long as short |
| Variational Omni OPG | +0.0100% | 4h | 0.1303 | +0.248% | $279K | $496K | — | as long as short |
BloFin OPG-USDT
Binance OPGUSDT
Bybit OPGUSDT
OKX OPG-USDT-SWAP
Gate OPG_USDT
MEXC OPG_USDT
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 | 0.1299 | −0.041% | $2K | $96K | 5x | as long as short |
| Aster OPGUSDTlong | +0.0331% | 4h | 0.1300 | long leg | $429K | $160K | 5x | |
| Coinbase International OPG-PERP-INTX | +0.1200% | 1h | 0.1343 | +3.354% | $33K | $34K | 50x | as long as short |
Extended OPG-USD
Coinbase International OPG-PERP-INTX