Funding you earn now, next payment 04:00 UTC−0.0245%/8h= −26.9% APRnext payment −$1.23 per $10,000 · paid last 24h −0.084%
Price spread now: MEXC against Aster−0.382%7-day average −0.056% · 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−$179as in the Price arb table
costs, in and out, $10k−$1471.468% of the position
Funding, last 5 days (all we have)−0.242%−$24 on $10k
+Price spread, last 4 days (all we have)+0.798%+$80 · spread now −0.382%, 7d avg −0.056%
=Together, before fees+0.556%+ Points / potential airdropAster: Stage 5 · farm board+$56 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 MEXC is 0.326% cheaper against Aster than usual: you would sell low and buy high (−$33 if the spread goes back to its 7-day average of −0.056%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster OPGUSDT | 0.1310 | 0.0345 | pay 0.0173% / 4h | 1h 41m | $432K | $159K | 5x |
| Short | MEXC OPG_USDT | 0.1305 | 0.0100 | get 0.0050% / 4h | 1h 41m | $519K | $774K | 20x |
Aster OPGUSDT
MEXC OPG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$51.53
- Price spread: −0.382% → −0.056%
- −$32.6
- Slippage, 4 orders
- −$134.82
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$230.95
- Costs to cover
- 1.468%
- Break-even
- never at this rate
Slippage from Aster: live order book, 21 min ago; MEXC: live order book, 14 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, 21 min ago | 11.38 bp | 62.0 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 14 min ago | 3.81 bp | 24.4 bp −$24 | 68.8 bp −$688 | 334.8 bp −$33.5K | 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 | +0.0050% | 4h | 0.1312 | +0.153% | $222K | $70K | 20x | as long as short |
| Binance OPGUSDT | +0.0100% | 4h | 0.1303 | −0.534% | $6.1M | $34.5M | 20x | as long as short |
| Bybit OPGUSDT | +0.0100% | 4h | 0.1303 | −0.550% | $3.1M | $10.6M | 20x | as long as short |
| OKX OPG-USDT-SWAP | +0.0100% | 4h | 0.1303 | −0.565% | $537K | $13.1M | 20x | as long as short |
| Gate OPG_USDT | +0.0100% | 4h | 0.1303 | −0.534% | $318K | $882K | 20x | as long as short |
| MEXC OPG_USDTshort | +0.0100% | 4h | 0.1305 | −0.382% | $519K | $774K | 20x | |
| KuCoin OPGUSDTM | +0.0100% | 4h | 0.1308 | −0.145% | $643K | $3.0M | 20x | as long as short |
| Bitget OPGUSDT | +0.0100% | 4h | 0.1302 | −0.611% | $859K | $3.1M | 20x | as long as short |
| BingX OPG-USDT | +0.0100% | 4h | 0.1302 | −0.611% | — | $1.9M | — | as long as short |
| Variational Omni OPG | +0.0100% | 4h | 0.1308 | −0.143% | $279K | $496K | — | as long as short |
BloFin OPG-USDT
Binance OPGUSDT
Bybit OPGUSDT
OKX OPG-USDT-SWAP
Gate 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 | 0.1307 | −0.255% | $2K | $96K | 5x | as long as short |
| Aster OPGUSDTlong | +0.0345% | 4h | 0.1310 | long leg | $432K | $159K | 5x | |
| Coinbase International OPG-PERP-INTX | +0.1200% | 1h | 0.1343 | +2.552% | $33K | $34K | 50x | as long as short |
Extended OPG-USD
Coinbase International OPG-PERP-INTX