OPN

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0058%/8h= +6.3% APRnext payment +$0.29 per $10,000 · paid last 24h +0.003%

Price spread now: Aster against Bybit−0.038%7-day average — · you buy dearer than you sell

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

Long on Bybit 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

Funding pays, the price is against you. Aster is 0.038% cheaper against Bybit than usual: you would sell low and buy high (spread −0.038% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 2.2 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit OPNUSDT	0.05258	0.0100	pay 0.0050% / 4h	30m 38s	$734K	$2.9M	20x
Short	Aster OPNUSDT	0.05256	0.0158	get 0.0079% / 4h	30m 38s	$8K	$14K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Bybit. 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 BybitbpFee AsterbpOrdersPrice spread, now −0.038%Rate

Funding earned: $12.09
Price spread: −0.038% → 0.000%: −$3.8
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Aster: 4 bp × 2 orders: −$8
Net: −$10.71
Costs to cover: 0.190%
Break-even: 13.2 days

Slippage unknown: Bybit: live order book, 2 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 Bybit live order book, 2 min ago	4.76 bp	21.7 bp −$22	1449.6 bp −$14.5K	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
Kraken Futures PF_OPNUSD	−0.2671%	1h	0.05247	−0.203%	$2K	$4K	20x	as long as short
Binance OPNUSDT	+0.0100%	4h	0.05256	−0.038%	$3.7M	$6.0M	25x	as long as short
Bybit OPNUSDTlong	+0.0100%	4h	0.05258	long leg	$734K	$2.9M	20x
MEXC OPN_USDT	+0.0100%	4h	0.05256	−0.038%	$898K	$320K	50x	as long as short
KuCoin OPNUSDTM	+0.0100%	4h	0.05255	−0.057%	$145K	$67K	25x	as long as short
Bitget OPNUSDT	+0.0100%	4h	0.05255	−0.057%	$607K	$185K	20x	as long as short
Orderly PERP_OPN_USDC_mythos	+0.0100%	4h	0.05250	−0.152%	$3K	$5K	10x	as long as short
SunX OPN-USDT	+0.0100%	4h	0.05370	+2.130%	$2K	$1.4M	20x	as long as short
BloFin OPN-USDT	+0.0110%	4h	0.05261	+0.057%	$185K	$4K	50x	as long as short
Aster OPNUSDTshort	+0.0158%	4h	0.05256	−0.038%	$8K	$14K	5x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX OPN-USDT-SWAP	+0.0209%	4h	0.05264	+0.114%	$815K	$3.1M	20x	as long as short
BingX OPN-USDT	+0.0224%	4h	0.05257	−0.019%	—	$1.7M	—	as long as short
Deribit OPN_USDC-PERPETUAL	+0.0512%	1h	0.05256	−0.034%	—	—	10x	as long as short
Gate OPN_USDT	+0.0908%	4h	0.05259	+0.019%	$212K	$171K	50x	as long as short
Coinbase International OPN-PERP-INTX	+0.1664%	1h	0.05260	+0.029%	$14K	$5K	50x	as long as short