OPN

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0326%/8h= +35.7% APRnext payment +$1.63 per $10,000 · paid last 24h +0.003%

Price spread now: Aster against KuCoin−0.037%7-day average — · you buy dearer than you sell

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

Long on KuCoin 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 0.037% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.037% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 9 hours of funding at the current rate (+$10 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin OPNUSDTM	0.05267	0.0100	pay 0.0050% / 4h	1h 14m	$145K	$68K	25x
Short	Aster OPNUSDT	0.05265	0.0426	get 0.0213% / 4h	1h 14m	$8K	$14K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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 KuCoinbpFee AsterbpOrdersPrice spread, now −0.037%Rate

Funding earned: $68.45
Price spread: −0.037% → 0.000%: −$3.71
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: $44.74
Costs to cover: 0.200%
Break-even: 2.4 days

Slippage unknown: KuCoin: live order book, 74 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 KuCoin live order book, 74 min ago	12.55 bp	209.5 bp −$209	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	−1.1573%	1h	0.05254	−0.251%	$2K	$4K	20x	as long as short
Bybit OPNUSDT	+0.0100%	4h	0.05260	−0.133%	$737K	$2.9M	20x	as long as short
KuCoin OPNUSDTMlong	+0.0100%	4h	0.05267	long leg	$145K	$68K	25x
Bitget OPNUSDT	+0.0100%	4h	0.05258	−0.171%	$607K	$187K	20x	as long as short
Orderly PERP_OPN_USDC_mythos	+0.0100%	4h	0.05270	+0.057%	$3K	$5K	10x	as long as short
SunX OPN-USDT	+0.0100%	4h	0.05370	+1.956%	$2K	$1.4M	20x	as long as short
Deribit OPN_USDC-PERPETUAL	+0.0263%	1h	0.05266	−0.009%	—	—	10x	as long as short
OKX OPN-USDT-SWAP	+0.0282%	4h	0.05260	−0.133%	$813K	$3.1M	20x	as long as short
BloFin OPN-USDT	+0.0288%	4h	0.05263	−0.076%	$185K	$4K	50x	as long as short
BingX OPN-USDT	+0.0304%	4h	0.05259	−0.152%	—	$1.6M	—	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	+0.0326%	4h	0.05258	−0.171%	$836K	$340K	50x	as long as short
Binance OPNUSDT	+0.0330%	4h	0.05261	−0.116%	$3.6M	$5.9M	25x	as long as short
Aster OPNUSDTshort	+0.0426%	4h	0.05265	−0.037%	$8K	$14K	5x
Coinbase International OPN-PERP-INTX	+0.1520%	1h	0.05278	+0.215%	$14K	$5K	50x	as long as short
Gate OPN_USDT	+0.1922%	4h	0.05270	+0.057%	$208K	$165K	50x	as long as short