OPN

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0304%/8h= −33.3% APRnext payment −$1.52 per $10,000 · paid last 24h −0.005%

Price spread now: Orderly against Aster+0.103%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 Orderly

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. Orderly is 0.103% dearer against Aster than usual: you sell high and buy low (spread +0.103% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 27 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster OPNUSDT	0.05235	0.0404	pay 0.0202% / 4h	1h 17m	$8K	$14K	5x
Short	Orderly PERP_OPN_USDC_mythos	0.05240	0.0100	get 0.0050% / 4h	1h 17m	$3K	$5K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now +0.103%Rate

Funding earned: −$63.88
Price spread: +0.103% → 0.000%: $10.34
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$67.54
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; Orderly: no order-book sample. 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 Orderly no order-book sample	—	—	—	—	—

Aster and Orderly: 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	−1.1617%	1h	0.05234	−0.019%	$2K	$4K	20x	as long as short
Bybit OPNUSDT	+0.0100%	4h	0.05244	+0.180%	$738K	$2.9M	20x	as long as short
KuCoin OPNUSDTM	+0.0100%	4h	0.05244	+0.180%	$141K	$68K	25x	as long as short
Bitget OPNUSDT	+0.0100%	4h	0.05243	+0.161%	$601K	$183K	20x	as long as short
Orderly PERP_OPN_USDC_mythosshort	+0.0100%	4h	0.05240	+0.103%	$3K	$5K	10x
SunX OPN-USDT	+0.0100%	4h	0.05350	+2.205%	$1K	$1.4M	20x	as long as short
Deribit OPN_USDC-PERPETUAL	+0.0208%	1h	0.05244	+0.170%	—	—	10x	as long as short
OKX OPN-USDT-SWAP	+0.0272%	4h	0.05247	+0.237%	$812K	$3.1M	20x	as long as short
BingX OPN-USDT	+0.0298%	4h	0.05244	+0.180%	—	$1.6M	—	as long as short
BloFin OPN-USDT	+0.0314%	4h	0.05245	+0.199%	$184K	$4K	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC OPN_USDT	+0.0314%	4h	0.05242	+0.142%	$834K	$339K	50x	as long as short
Binance OPNUSDT	+0.0315%	4h	0.05243	+0.153%	$3.6M	$5.8M	25x	as long as short
Aster OPNUSDTlong	+0.0404%	4h	0.05235	long leg	$8K	$14K	5x
Coinbase International OPN-PERP-INTX	+0.1520%	1h	0.05239	+0.090%	$14K	$5K	50x	as long as short
Gate OPN_USDT	+0.1936%	4h	0.05247	+0.237%	$209K	$162K	50x	as long as short