OPN

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.1511%/8h= −165.4% APRnext payment −$7.55 per $10,000 · paid last 24h −0.053%

Price spread now: Aster against Gate−0.263%7-day average — · you buy dearer than you sell

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

Long on Gate 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 against this trade now: funding costs −$45 a day on $10k at the current rate, and Aster is 0.263% cheaper against Gate than usual: you would sell low and buy high (−$26 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate OPN_USDT	0.05227	0.1862	pay 0.0931% / 4h	1h 20m	$209K	$161K	50x
Short	Aster OPNUSDT	0.05213	0.0351	get 0.0176% / 4h	1h 20m	$7K	$14K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Gate. 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 GatebpFee AsterbpOrdersPrice spread, now −0.263%Rate

Funding earned: −$317.22
Price spread: −0.263% → 0.000%: −$26.33
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Aster: 4 bp × 2 orders: −$8
Net: −$366.55
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 36 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 Gate live order book, 36 min ago	4.78 bp	44.4 bp −$44	doesn't fit	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	−1.1677%	1h	0.05207	−0.385%	$2K	$4K	20x	as long as short
Bybit OPNUSDT	+0.0100%	4h	0.05229	+0.038%	$730K	$2.9M	20x	as long as short
KuCoin OPNUSDTM	+0.0100%	4h	0.05231	+0.077%	$141K	$66K	25x	as long as short
Bitget OPNUSDT	+0.0100%	4h	0.05226	−0.019%	$598K	$181K	20x	as long as short
Orderly PERP_OPN_USDC_mythos	+0.0100%	4h	0.05220	−0.134%	$3K	$5K	10x	as long as short
SunX OPN-USDT	+0.0100%	4h	0.05340	+2.162%	$2K	$1.4M	20x	as long as short
BingX OPN-USDT	+0.0222%	4h	0.05230	+0.057%	—	$1.6M	—	as long as short
OKX OPN-USDT-SWAP	+0.0241%	4h	0.05233	+0.115%	$809K	$3.1M	20x	as long as short
MEXC OPN_USDT	+0.0270%	4h	0.05233	+0.115%	$833K	$339K	50x	as long as short
Binance OPNUSDT	+0.0270%	4h	0.05228	+0.019%	$3.6M	$5.8M	25x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin OPN-USDT	+0.0282%	4h	0.05230	+0.057%	$183K	$4K	50x	as long as short
Aster OPNUSDTshort	+0.0351%	4h	0.05213	−0.263%	$7K	$14K	5x
Deribit OPN_USDC-PERPETUAL	+0.0362%	1h	0.05231	+0.080%	—	—	10x	as long as short
Coinbase International OPN-PERP-INTX	+0.1520%	1h	0.05239	+0.235%	$14K	$5K	50x	as long as short
Gate OPN_USDTlong	+0.1862%	4h	0.05227	long leg	$209K	$161K	50x