data as of
Settings8H · net · $10k
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Funding spread now, next payment 15:00 UTC0.0000%/8h
paid, last 24h+0.002%paid, last 5 days+0.198%to open and close $10k−$103
Long on AsterShort on Backpack
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster OPUSDT0.12810.0100pay 0.0100% / 8h1h 09m$202K$433K10x
ShortBackpack OP_USDC_PERP0.12820.0100get 0.0013% / 1h9m 11s$133K$166K10x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
−$84.87
Fee Aster: 4 bp × 2 orders
−$8
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$102.87
Break-even
never at this rate
Slippage from Aster: live order book, 45 min ago; Backpack: live order book, 45 min ago.

Price risk

price view
Price gap now
+0.061%
Avg gap 7d
−0.021%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 45 min ago6.74 bp22.7 bp −$23doesn't fitdoesn't fitdoesn't fit
Sell Backpack live order book, 45 min ago1.57 bp10.6 bp −$11doesn't fitdoesn't fitdoesn't fit

OP on 29 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
GMX OP/USD [OP-USDC]L −0.1469% / S +0.0291%1h$13K—100xas long as short
Coinbase International OP-PERP-INTX−0.0328%1h$27K$84K50xas long as short
MEXC OP_USDT−0.0137%8h$20.2M$8.9M300xas long as short
Binance OPUSDT−0.0136%8h$21.0M$65.4M75xas long as short
Extended OP-USD−0.0136%1h$102K$214K25xas long as short
Orderly PERP_OP_USDC−0.0080%8h$7K$53K10xas long as short
Variational Omni OP−0.0065%8h$235K$45K—as long as short
BloFin OP-USDT−0.0016%8h$1.0M$585K75xas long as short
dYdX OP-USD0.0000%1h$39K$1010xas long as short
Deribit OP_USDC-PERPETUAL0.0000%1h$48K$199K25xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
gTrade (Gains Network) OP/USDL +0.0005% / S −0.0004%1h$1K—150xas long as short
Bybit OPUSDT+0.0011%8h$18.0M$27.3M75xas long as short
Injective OP/USDC PERP+0.0033%1h$25K$238K12xas long as short
Aevo OP-PERP+0.0048%1h$4K—3xas long as short
OKX OP-USDT-SWAP+0.0063%8h$6.1M$32.6M50xas long as short
Lighter OP+0.0096%1h$373K$754K15xas long as short
Hyperliquid OP+0.0100%1h$4.1M$3.1M5xas long as short
Aster OPUSDTlong+0.0100%8h$202K$433K10x
Gate OP_USDT+0.0100%8h$1.8M$1.7M50xas long as short
KuCoin OPUSDTM+0.0100%8h$2.9M$6.8M75xas long as short
Bitget OPUSDT+0.0100%8h$6.0M$6.1M75xas long as short
BingX OP-USDC+0.0100%8h—$1.6M—as long as short
Backpack OP_USDC_PERPshort+0.0100%1h$133K$166K10x
edgeX OPUSDC+0.0100%4h$10K$414K10xas long as short
ApeX Omni OPUSDT+0.0100%1h$46K$712K50xas long as short
SoDEX OP-USD+0.0100%1h$178$5K5xas long as short
HTX OP-USDT+0.0100%8h$192K$244K50xas long as short
Kraken Futures PF_OPUSD+0.0141%1h$790K$660K20xas long as short
Reya OPRUSDPERP+0.0430%1h$712—20xas long as short