OPN

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0070%/8h= −7.6% APRnext payment −$0.35 per $10,000 · paid last 24h −0.003%

Price spread now: MEXC against Aster+0.135%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 MEXC

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. MEXC is 0.135% dearer against Aster than usual: you sell high and buy low (spread +0.135% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster OPNUSDT	0.05177	0.0214	pay 0.0107% / 4h	2h 05m	$7K	$14K	5x
Short	MEXC OPN_USDT	0.05184	0.0144	get 0.0072% / 4h	2h 05m	$818K	$344K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.135%Rate

Funding earned: −$14.66
Price spread: +0.135% → 0.000%: $13.52
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$13.14
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Aster: no order-book sample; MEXC: live order book, 56 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 MEXC live order book, 56 min ago	1.94 bp	6.8 bp −$7	26.1 bp −$261	630.3 bp −$63.0K	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 14 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
Deribit OPN_USDC-PERPETUAL	+0.0020%	1h	0.05182	+0.089%	—	—	10x	as long as short
Bybit OPNUSDT	+0.0100%	4h	0.05183	+0.116%	$717K	$2.9M	20x	as long as short
OKX OPN-USDT-SWAP	+0.0100%	4h	0.05186	+0.174%	$802K	$3.2M	20x	as long as short
KuCoin OPNUSDTM	+0.0100%	4h	0.05179	+0.039%	$140K	$79K	25x	as long as short
Bitget OPNUSDT	+0.0100%	4h	0.05182	+0.097%	$594K	$186K	20x	as long as short
Orderly PERP_OPN_USDC_mythos	+0.0100%	4h	0.05180	+0.058%	$3K	$5K	10x	as long as short
SunX OPN-USDT	+0.0100%	4h	0.05300	+2.376%	$2K	$1.4M	20x	as long as short
Binance OPNUSDT	+0.0137%	4h	0.05182	+0.097%	$3.6M	$5.8M	25x	as long as short
MEXC OPN_USDTshort	+0.0144%	4h	0.05184	+0.135%	$818K	$344K	50x
BingX OPN-USDT	+0.0182%	4h	0.05184	+0.135%	—	$1.6M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster OPNUSDTlong	+0.0214%	4h	0.05177	long leg	$7K	$14K	5x
Coinbase International OPN-PERP-INTX	+0.1128%	1h	0.05237	+1.161%	$14K	$5K	50x	as long as short
Gate OPN_USDT	+0.1212%	4h	0.05183	+0.116%	$207K	$160K	50x	as long as short
Kraken Futures PF_OPNUSD	+0.2657%	1h	0.05128	−0.943%	$2K	$4K	20x	as long as short