Funding you earn now, next payment 01:00 UTC−0.0851%/8h= −93.2% APRpaid last 24h −0.344%
Price spread now: Aster against Coinbase International−0.399%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and Aster is 0.399% cheaper against Coinbase International than usual: you would sell low and buy high (−$40 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International OPG-PERP-INTX | 0.1336 | 0.1104 | pay 0.0138% / 1h | 31m 47s | $32K | $34K | 50x |
| Short | Aster OPGUSDT | 0.1331 | 0.0252 | get 0.0126% / 4h | 2h 31m | $439K | $159K | 5x |
Coinbase International OPG-PERP-INTX
Aster OPGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Coinbase International. 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
- −$178.82
- Price spread: −0.399% → 0.000%
- −$39.92
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$236.74
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; Aster: live order book, 36 min ago. Net counts fees only.
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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 36 min ago | 15.19 bp | 47.7 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
Coinbase International: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
OPG on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate OPG_USDT | +0.0082% | 4h | 0.1328 | −0.597% | $324K | $880K | 20x | as long as short |
| Binance OPGUSDT | +0.0100% | 4h | 0.1327 | −0.645% | $6.3M | $34.1M | 20x | as long as short |
| Bybit OPGUSDT | +0.0100% | 4h | 0.1326 | −0.754% | $3.2M | $10.5M | 20x | as long as short |
| OKX OPG-USDT-SWAP | +0.0100% | 4h | 0.1327 | −0.641% | $557K | $13.3M | 20x | as long as short |
| MEXC OPG_USDT | +0.0100% | 4h | 0.1331 | −0.372% | $490K | $777K | 20x | as long as short |
| KuCoin OPGUSDTM | +0.0100% | 4h | 0.1329 | −0.514% | $660K | $3.0M | 20x | as long as short |
| Bitget OPGUSDT | +0.0100% | 4h | 0.1327 | −0.671% | $891K | $3.0M | 20x | as long as short |
| BingX OPG-USDT | +0.0100% | 4h | 0.1329 | −0.522% | — | $1.9M | — | as long as short |
| Variational Omni OPG | +0.0100% | 4h | 0.1329 | −0.522% | $283K | $495K | — | as long as short |
| Extended OPG-USD | +0.0104% | 1h | 0.1329 | −0.557% | $946 | $101K | 5x | as long as short |
Gate OPG_USDT
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 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster OPGUSDTshort | +0.0252% | 4h | 0.1331 | −0.399% | $439K | $159K | 5x | |
| Coinbase International OPG-PERP-INTXlong | +0.1104% | 1h | 0.1336 | long leg | $32K | $34K | 50x |