OPN

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0068%/8h= +7.5% APRnext payment +$0.34 per $10,000 · paid last 24h +0.003%

Price spread now: Aster against MEXC−0.116%7-day average — · you buy dearer than you sell

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

Long on MEXC 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 0.116% cheaper against MEXC than usual: you would sell low and buy high (spread −0.116% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 5.7 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	MEXC OPN_USDT	0.05183	0.0154	pay 0.0077% / 4h	2h 05m	$818K	$344K	50x
Short	Aster OPNUSDT	0.05177	0.0222	get 0.0111% / 4h	2h 05m	$7K	$14K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against MEXC. 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 MEXCbpFee AsterbpOrdersPrice spread, now −0.116%Rate

Funding earned: $14.3
Price spread: −0.116% → 0.000%: −$11.58
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee Aster: 4 bp × 2 orders: −$8
Net: −$9.28
Costs to cover: 0.120%
Break-even: 11.5 days

Slippage unknown: MEXC: live order book, 55 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 MEXC live order book, 55 min ago	1.94 bp	6.2 bp −$6	31.1 bp −$311	700.8 bp −$70.1K	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 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
Bybit OPNUSDT	+0.0100%	4h	0.05183	0.000%	$716K	$2.9M	20x	as long as short
OKX OPN-USDT-SWAP	+0.0100%	4h	0.05187	+0.077%	$803K	$3.2M	20x	as long as short
KuCoin OPNUSDTM	+0.0100%	4h	0.05179	−0.077%	$140K	$79K	25x	as long as short
Bitget OPNUSDT	+0.0100%	4h	0.05180	−0.058%	$594K	$187K	20x	as long as short
Orderly PERP_OPN_USDC_mythos	+0.0100%	4h	0.05180	−0.058%	$3K	$5K	10x	as long as short
SunX OPN-USDT	+0.0100%	4h	0.05300	+2.257%	$2K	$1.4M	20x	as long as short
Binance OPNUSDT	+0.0145%	4h	0.05184	+0.012%	$3.6M	$5.8M	25x	as long as short
MEXC OPN_USDTlong	+0.0154%	4h	0.05183	long leg	$818K	$344K	50x
BingX OPN-USDT	+0.0188%	4h	0.05186	+0.058%	—	$1.6M	—	as long as short
Aster OPNUSDTshort	+0.0222%	4h	0.05177	−0.116%	$7K	$14K	5x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit OPN_USDC-PERPETUAL	+0.0252%	1h	0.05183	−0.006%	—	—	10x	as long as short
Coinbase International OPN-PERP-INTX	+0.1128%	1h	0.05237	+1.044%	$14K	$5K	50x	as long as short
Gate OPN_USDT	+0.1214%	4h	0.05183	0.000%	$207K	$160K	50x	as long as short
Kraken Futures PF_OPNUSD	+0.2645%	1h	0.05151	−0.627%	$2K	$4K	20x	as long as short