OPN

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0326%/8h= −35.7% APRnext payment −$1.63 per $10,000 · paid last 24h −0.003%

Price spread now: KuCoin against Aster−0.004%7-day average — · you buy dearer than you sell

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

Long on Aster Short on KuCoin

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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$10 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster OPNUSDT	0.05259	0.0426	pay 0.0213% / 4h	1h 14m	$8K	$14K	5x
Short	KuCoin OPNUSDTM	0.05259	0.0100	get 0.0050% / 4h	1h 14m	$145K	$68K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.004%Rate

Funding earned: −$68.45
Price spread: −0.004% → 0.000%: −$0.44
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$88.89
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; KuCoin: live order book, 75 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 KuCoin live order book, 75 min ago	12.55 bp	254.5 bp −$254	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	−1.1616%	1h	0.05234	−0.476%	$2K	$4K	20x	as long as short
Deribit OPN_USDC-PERPETUAL	0.0000%	1h	0.05256	−0.054%	—	—	10x	as long as short
Bybit OPNUSDT	+0.0100%	4h	0.05257	−0.042%	$736K	$2.9M	20x	as long as short
KuCoin OPNUSDTMshort	+0.0100%	4h	0.05259	−0.004%	$145K	$68K	25x
Bitget OPNUSDT	+0.0100%	4h	0.05258	−0.023%	$607K	$187K	20x	as long as short
Orderly PERP_OPN_USDC_mythos	+0.0100%	4h	0.05260	+0.015%	$3K	$5K	10x	as long as short
SunX OPN-USDT	+0.0100%	4h	0.05370	+2.106%	$2K	$1.4M	20x	as long as short
OKX OPN-USDT-SWAP	+0.0283%	4h	0.05255	−0.080%	$814K	$3.1M	20x	as long as short
BloFin OPN-USDT	+0.0288%	4h	0.05263	+0.072%	$185K	$4K	50x	as long as short
BingX OPN-USDT	+0.0314%	4h	0.05259	−0.004%	—	$1.7M	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance OPNUSDT	+0.0325%	4h	0.05258	−0.027%	$3.6M	$5.9M	25x	as long as short
MEXC OPN_USDT	+0.0328%	4h	0.05256	−0.061%	$835K	$340K	50x	as long as short
Aster OPNUSDTlong	+0.0426%	4h	0.05259	long leg	$8K	$14K	5x
Coinbase International OPN-PERP-INTX	+0.1520%	1h	0.05278	+0.363%	$14K	$5K	50x	as long as short
Gate OPN_USDT	+0.1894%	4h	0.05264	+0.091%	$208K	$165K	50x	as long as short