Funding you earn now, next payment 04:00 UTC−0.0195%/8h= −21.3% APRnext payment −$0.97 per $10,000 · paid last 24h −0.088%
Price spread now: OKX against Aster+0.063%7-day average −0.020% · 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−$561as in the Price arb table
costs, in and out, $10k−$5695.688% of the position
Funding, last 5 days (all we have)−0.243%−$24 on $10k
+Price spread, last 4 days (all we have)−0.042%−$4 · spread now +0.063%, 7d avg −0.020%
=Together, before fees−0.285%+ Points / potential airdropAster: Stage 5 · farm board−$28 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.083% dearer against Aster than usual: you sell high and buy low (spread +0.063% now, against its 7-day average of −0.020%): +$8 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 34 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster OPGUSDT | 0.1349 | 0.0295 | pay 0.0147% / 4h | 1m 31s | $445K | $165K | 5x |
| Short | OKX OPG-USDT-SWAP | 0.1349 | 0.0100 | get 0.0050% / 4h | 1m 31s | $551K | $13.8M | 20x |
Aster OPGUSDT
OKX OPG-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$40.94
- Price spread: +0.063% → −0.020%
- $8.29
- Slippage, 4 orders
- −$550.82
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$601.46
- Costs to cover
- 5.688%
- Break-even
- never at this rate
Slippage from Aster: live order book, 56 min ago; OKX: 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, 56 min ago | 18.72 bp | 431.0 bp −$431 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 8.16 bp | 37.3 bp −$37 | 368.8 bp −$3,688 | 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 | +0.0083% | 4h | 0.1348 | −0.040% | $228K | $76K | 20x | as long as short |
| Binance OPGUSDT | +0.0100% | 4h | 0.1348 | −0.066% | $6.4M | $35.3M | 20x | as long as short |
| Bybit OPGUSDT | +0.0100% | 4h | 0.1351 | +0.219% | $3.3M | $10.8M | 20x | as long as short |
| OKX OPG-USDT-SWAPshort | +0.0100% | 4h | 0.1349 | +0.063% | $551K | $13.8M | 20x | |
| Gate OPG_USDT | +0.0100% | 4h | 0.1346 | −0.189% | $327K | $888K | 20x | as long as short |
| MEXC OPG_USDT | +0.0100% | 4h | 0.1348 | −0.040% | $488K | $784K | 20x | as long as short |
| KuCoin OPGUSDTM | +0.0100% | 4h | 0.1347 | −0.092% | $665K | $3.1M | 20x | as long as short |
| Bitget OPGUSDT | +0.0100% | 4h | 0.1350 | +0.108% | $884K | $3.1M | 20x | as long as short |
| BingX OPG-USDT | +0.0100% | 4h | 0.1349 | +0.034% | — | $1.9M | — | as long as short |
| Variational Omni OPG | +0.0100% | 4h | 0.1356 | +0.572% | $292K | $498K | — | as long as short |
BloFin OPG-USDT
Binance OPGUSDT
Bybit OPGUSDT
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 | 0.1347 | −0.109% | $4K | $98K | 5x | as long as short |
| Aster OPGUSDTlong | +0.0295% | 4h | 0.1349 | long leg | $445K | $165K | 5x | |
| Coinbase International OPG-PERP-INTX | +0.1864% | 1h | 0.1368 | +1.457% | $33K | $33K | 50x | as long as short |
Extended OPG-USD
Coinbase International OPG-PERP-INTX