OPN

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0055%/8h= +6.1% APRnext payment +$0.28 per $10,000 · paid last 24h +0.002%

Price spread now: Aster against Binance+0.078%7-day average — · you sell dearer than you buy

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

Long on Binance Short on Aster

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

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aster is 0.078% dearer against Binance than usual: you sell high and buy low: +$8 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	Binance OPNUSDT	0.05161	0.0157	pay 0.0079% / 4h	3h 43m	$3.6M	$5.7M	25x
Short	Aster OPNUSDT	0.05165	0.0213	get 0.0106% / 4h	3h 43m	$7K	$14K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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 BinancebpFee AsterbpOrdersPrice spread, now +0.078%Rate

Funding earned: $11.63
Price spread: +0.078% → 0.000%: $7.77
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: $1.4
Costs to cover: 0.180%
Break-even: 6.2 days

Slippage unknown: Binance: live order book, 10 min ago; Aster: 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 Binance live order book, 10 min ago	1.93 bp	16.5 bp −$16	97.4 bp −$974	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

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
Bybit OPNUSDT	+0.0100%	4h	0.05161	0.000%	$713K	$2.9M	20x	as long as short
OKX OPN-USDT-SWAP	+0.0100%	4h	0.05164	+0.058%	$816K	$3.5M	20x	as long as short
KuCoin OPNUSDTM	+0.0100%	4h	0.05166	+0.097%	$137K	$79K	25x	as long as short
Bitget OPNUSDT	+0.0100%	4h	0.05157	−0.078%	$594K	$186K	20x	as long as short
Orderly PERP_OPN_USDC_mythos	+0.0100%	4h	0.05160	−0.019%	$3K	$5K	10x	as long as short
SunX OPN-USDT	+0.0100%	4h	0.05270	+2.112%	$2K	$1.4M	20x	as long as short
BingX OPN-USDT	+0.0150%	4h	0.05162	+0.019%	—	$1.6M	—	as long as short
MEXC OPN_USDT	+0.0156%	4h	0.05163	+0.039%	$809K	$341K	50x	as long as short
Binance OPNUSDTlong	+0.0157%	4h	0.05161	long leg	$3.6M	$5.7M	25x
BloFin OPN-USDT	+0.0157%	4h	0.05161	0.000%	$181K	$6K	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster OPNUSDTshort	+0.0213%	4h	0.05165	+0.078%	$7K	$14K	5x
Deribit OPN_USDC-PERPETUAL	+0.0525%	1h	0.05162	+0.027%	—	—	10x	as long as short
Gate OPN_USDT	+0.0986%	4h	0.05169	+0.155%	$207K	$169K	50x	as long as short
Coinbase International OPN-PERP-INTX	+0.1096%	1h	0.05263	+1.971%	$14K	$6K	50x	as long as short
Kraken Futures PF_OPNUSD	+0.2005%	1h	0.05187	+0.510%	$3K	$3K	20x	as long as short