OPN

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0122%/8h= −13.4% APRnext payment −$0.61 per $10,000 · paid last 24h −0.003%

Price spread now: SunX against Aster+2.135%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 SunX

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. SunX is 2.135% dearer against Aster than usual: you sell high and buy low (spread +2.135% now, against zero (this spread has no 7-day history yet)): +$214 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 58 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster OPNUSDT	0.05179	0.0222	pay 0.0111% / 4h	2h 06m	$7K	$14K	5x
Short	SunX OPN-USDT	0.05290	0.0100	get 0.0050% / 4h	2h 06m	$2K	$1.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +2.135%Rate

Funding earned: −$25.64
Price spread: +2.135% → 0.000%: $213.54
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee SunX: 4 bp × 2 orders: −$8
Net: $171.9
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: Aster: no order-book sample; SunX: live order book, 8 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 SunX live order book, 8 min ago	253.52 bp	doesn't fit	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 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	+0.0040%	1h	0.05178	−0.031%	—	—	10x	as long as short
Bybit OPNUSDT	+0.0100%	4h	0.05178	−0.027%	$717K	$2.9M	20x	as long as short
OKX OPN-USDT-SWAP	+0.0100%	4h	0.05183	+0.070%	$802K	$3.2M	20x	as long as short
KuCoin OPNUSDTM	+0.0100%	4h	0.05181	+0.031%	$140K	$79K	25x	as long as short
Bitget OPNUSDT	+0.0100%	4h	0.05176	−0.066%	$593K	$187K	20x	as long as short
Orderly PERP_OPN_USDC_mythos	+0.0100%	4h	0.05170	−0.181%	$3K	$5K	10x	as long as short
SunX OPN-USDTshort	+0.0100%	4h	0.05290	+2.135%	$2K	$1.4M	20x
Binance OPNUSDT	+0.0145%	4h	0.05181	+0.031%	$3.6M	$5.8M	25x	as long as short
MEXC OPN_USDT	+0.0180%	4h	0.05179	−0.008%	$817K	$344K	50x	as long as short
BingX OPN-USDT	+0.0188%	4h	0.05179	−0.008%	—	$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	+0.0222%	4h	0.05179	long leg	$7K	$14K	5x
Coinbase International OPN-PERP-INTX	+0.1128%	1h	0.05237	+1.114%	$14K	$5K	50x	as long as short
Gate OPN_USDT	+0.1244%	4h	0.05183	+0.070%	$207K	$160K	50x	as long as short
Kraken Futures PF_OPNUSD	+0.2657%	1h	0.05128	−0.989%	$2K	$4K	20x	as long as short