OPN

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0251%/8h= −27.5% APRnext payment −$1.26 per $10,000 · paid last 24h −0.003%

Price spread now: Bitget against Aster+0.245%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Bitget is 0.245% dearer against Aster than usual: you sell high and buy low (spread +0.245% now, against zero (this spread has no 7-day history yet)): +$24 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 3.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster OPNUSDT	0.05213	0.0351	pay 0.0176% / 4h	1h 20m	$7K	$14K	5x
Short	Bitget OPNUSDT	0.05226	0.0100	get 0.0050% / 4h	1h 20m	$598K	$181K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Aster. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AsterbpFee BitgetbpOrdersPrice spread, now +0.245%Rate

Funding earned: −$52.8
Price spread: +0.245% → 0.000%: $24.48
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$48.32
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: Aster: no order-book sample; Bitget: live order book, 39 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 Aster no order-book sample	—	—	—	—	—
Sell Bitget live order book, 39 min ago	5.78 bp	28.0 bp −$28	129.3 bp −$1,293	doesn't fit	doesn't fit

Aster: 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.

OPN on 15 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
Kraken Futures PF_OPNUSD	−1.1677%	1h	0.05207	−0.122%	$2K	$4K	20x	as long as short
Bybit OPNUSDT	+0.0100%	4h	0.05229	+0.302%	$730K	$2.9M	20x	as long as short
KuCoin OPNUSDTM	+0.0100%	4h	0.05231	+0.341%	$141K	$66K	25x	as long as short
Bitget OPNUSDTshort	+0.0100%	4h	0.05226	+0.245%	$598K	$181K	20x
Orderly PERP_OPN_USDC_mythos	+0.0100%	4h	0.05220	+0.130%	$3K	$5K	10x	as long as short
SunX OPN-USDT	+0.0100%	4h	0.05340	+2.432%	$2K	$1.4M	20x	as long as short
BingX OPN-USDT	+0.0222%	4h	0.05230	+0.322%	—	$1.6M	—	as long as short
OKX OPN-USDT-SWAP	+0.0241%	4h	0.05233	+0.379%	$809K	$3.1M	20x	as long as short
MEXC OPN_USDT	+0.0270%	4h	0.05233	+0.379%	$833K	$339K	50x	as long as short
Binance OPNUSDT	+0.0270%	4h	0.05228	+0.283%	$3.6M	$5.8M	25x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin OPN-USDT	+0.0282%	4h	0.05230	+0.322%	$183K	$4K	50x	as long as short
Aster OPNUSDTlong	+0.0351%	4h	0.05213	long leg	$7K	$14K	5x
Deribit OPN_USDC-PERPETUAL	+0.0362%	1h	0.05231	+0.345%	—	—	10x	as long as short
Coinbase International OPN-PERP-INTX	+0.1520%	1h	0.05239	+0.500%	$14K	$5K	50x	as long as short
Gate OPN_USDT	+0.1862%	4h	0.05227	+0.264%	$209K	$161K	50x	as long as short