Funding you earn now, next payment 04:00 UTC+0.1511%/8h= +165.4% APRnext payment +$7.55 per $10,000 · paid last 24h +0.053%
Price spread now: Gate against Aster+0.269%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$45 a day on $10k at the current rate, and Gate is 0.269% dearer against Aster than usual: you sell high and buy low: +$27 more if the spread goes back to zero (this spread has no 7-day history yet).
| 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 | Gate OPN_USDT | 0.05227 | 0.1862 | get 0.0931% / 4h | 1h 20m | $209K | $161K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $317.22
- Price spread: +0.269% → 0.000%
- $26.93
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $321.15
- Costs to cover
- 0.230%
- Break-even
- from the start
Slippage unknown: Aster: no order-book sample; Gate: 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 Aster no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 36 min ago | 4.78 bp | 26.4 bp −$26 | doesn't fit | 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 | −1.1704% | 1h | 0.05195 | −0.344% | $2K | $4K | 20x | as long as short |
| Bybit OPNUSDT | +0.0100% | 4h | 0.05229 | +0.308% | $730K | $2.9M | 20x | as long as short |
| KuCoin OPNUSDTM | +0.0100% | 4h | 0.05230 | +0.327% | $141K | $66K | 25x | as long as short |
| Bitget OPNUSDT | +0.0100% | 4h | 0.05225 | +0.231% | $598K | $181K | 20x | as long as short |
| Orderly PERP_OPN_USDC_mythos | +0.0100% | 4h | 0.05230 | +0.327% | $3K | $5K | 10x | as long as short |
| SunX OPN-USDT | +0.0100% | 4h | 0.05330 | +2.245% | $2K | $1.4M | 20x | as long as short |
| Deribit OPN_USDC-PERPETUAL | +0.0133% | 1h | 0.05228 | +0.292% | — | — | 10x | as long as short |
| BingX OPN-USDT | +0.0222% | 4h | 0.05230 | +0.327% | — | $1.6M | — | as long as short |
| OKX OPN-USDT-SWAP | +0.0241% | 4h | 0.05233 | +0.384% | $808K | $3.1M | 20x | as long as short |
| MEXC OPN_USDT | +0.0270% | 4h | 0.05229 | +0.308% | $832K | $339K | 50x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance OPNUSDT | +0.0270% | 4h | 0.05228 | +0.294% | $3.6M | $5.8M | 25x | as long as short |
| BloFin OPN-USDT | +0.0282% | 4h | 0.05230 | +0.327% | $183K | $4K | 50x | as long as short |
| Aster OPNUSDTlong | +0.0351% | 4h | 0.05213 | long leg | $7K | $14K | 5x | |
| Coinbase International OPN-PERP-INTX | +0.1520% | 1h | 0.05239 | +0.505% | $14K | $5K | 50x | as long as short |
| Gate OPN_USDTshort | +0.1862% | 4h | 0.05227 | +0.269% | $209K | $161K | 50x |
Aster OPNUSDT
Gate OPN_USDT
Kraken Futures PF_OPNUSD
Bybit OPNUSDT
KuCoin OPNUSDTM
Bitget OPNUSDT
SunX OPN-USDT
Deribit OPN_USDC-PERPETUAL
BingX OPN-USDT
OKX OPN-USDT-SWAP
MEXC OPN_USDT
Binance OPNUSDT
BloFin OPN-USDT
Coinbase International OPN-PERP-INTX