OPN

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0166%/8h= +18.2% APRnext payment +$0.83 per $10,000 · paid last 24h +0.003%

Price spread now: Aster against SunX−1.971%7-day average — · you buy dearer than you sell

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

Long on SunX 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 1.971% cheaper against SunX than usual: you would sell low and buy high (spread −1.971% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$197 on $10k: about 40 days of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX OPN-USDT	0.05290	0.0100	pay 0.0050% / 4h	2h 09m	$1K	$1.4M	20x
Short	Aster OPNUSDT	0.05186	0.0266	get 0.0133% / 4h	2h 09m	$7K	$14K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against SunX. 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 SunXbpFee AsterbpOrdersPrice spread, now −1.971%Rate

Funding earned: $34.87
Price spread: −1.971% → 0.000%: −$197.06
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$178.19
Costs to cover: 0.160%
Break-even: 42.8 days

Slippage unknown: SunX: live order book, 5 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 SunX live order book, 5 min ago	253.52 bp	doesn't fit	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 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
Deribit OPN_USDC-PERPETUAL	0.0000%	1h	0.05179	−2.100%	—	—	10x	as long as short
Bybit OPNUSDT	+0.0100%	4h	0.05184	−2.004%	$718K	$3.0M	20x	as long as short
OKX OPN-USDT-SWAP	+0.0100%	4h	0.05179	−2.098%	$802K	$3.2M	20x	as long as short
KuCoin OPNUSDTM	+0.0100%	4h	0.05189	−1.909%	$140K	$79K	25x	as long as short
Bitget OPNUSDT	+0.0100%	4h	0.05188	−1.928%	$595K	$187K	20x	as long as short
Orderly PERP_OPN_USDC_mythos	+0.0100%	4h	0.05180	−2.079%	$3K	$5K	10x	as long as short
SunX OPN-USDTlong	+0.0100%	4h	0.05290	long leg	$1K	$1.4M	20x
Binance OPNUSDT	+0.0187%	4h	0.05175	−2.178%	$3.6M	$5.8M	25x	as long as short
MEXC OPN_USDT	+0.0188%	4h	0.05177	−2.136%	$817K	$344K	50x	as long as short
BingX OPN-USDT	+0.0190%	4h	0.05174	−2.193%	—	$1.6M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster OPNUSDTshort	+0.0266%	4h	0.05186	−1.971%	$7K	$14K	5x
Coinbase International OPN-PERP-INTX	+0.1128%	1h	0.05237	−1.000%	$14K	$5K	50x	as long as short
Gate OPN_USDT	+0.1336%	4h	0.05195	−1.796%	$208K	$160K	50x	as long as short
Kraken Futures PF_OPNUSD	+0.2662%	1h	0.05118	−3.246%	$2K	$4K	20x	as long as short