Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.017%
Price spread now: Aster against Binance+0.002%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$620.624% of the position
Funding, last 7 days+0.071%+$7 on $10k
+Price spread, last 4 days (all we have)−0.045%−$4 · spread now +0.002%, 7d avg +0.023%
=Together, before fees+0.026%+ Points / potential airdropAster: Stage 5 · farm board+$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.021% cheaper against Binance than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance OPUSDT | 0.1249 | 0.0100 | pay 0.0100% / 8h | 7h 53m | $19.7M | $67.7M | 75x |
| Short | Aster OPUSDT | 0.1249 | 0.0100 | get 0.0100% / 8h | 7h 53m | $205K | $210K | 10x |
Binance OPUSDT
Aster OPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.002% → +0.023%
- −$2.1
- Slippage, 4 orders
- −$44.42
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$64.52
- Costs to cover
- 0.624%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; Aster: live order book, 43 min ago.
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 Binance live order book, 4 min ago | 0.40 bp | 10.9 bp −$11 | 22.1 bp −$221 | 112.0 bp −$11.2K | doesn't fit |
| Sell Aster live order book, 43 min ago | 10.44 bp | 15.6 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
OP on 30 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective OP/USDC PERP | −0.1328% | 1h | 0.1235 | −1.149% | $34K | $63K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1164% / S +0.0246% | 1h | 0.1249 | −0.006% | $13K | — | 100x | as long as short |
| GRVT OP_USDT_Perp | −0.0221% | 8h | 0.1247 | −0.168% | $310K | $5.3M | 10x | as long as short |
| Gate OP_USDT | −0.0217% | 8h | 0.1249 | −0.037% | $2.0M | $1.5M | 50x | as long as short |
| Bybit OPUSDT | −0.0107% | 8h | 0.1249 | −0.021% | $18.2M | $26.3M | 75x | as long as short |
| Orderly PERP_OP_USDC | −0.0054% | 8h | 0.1249 | −0.029% | $12K | $236K | 10x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1249 | −0.047% | $39K | $522 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1249 | −0.029% | $31K | $165K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1250 | +0.019% | — | — | 150x | as long as short |
| KuCoin OPUSDTM | +0.0042% | 8h | 0.1248 | −0.109% | $2.8M | $6.0M | 75x | as long as short |
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
GRVT OP_USDT_Perp
Gate OP_USDT
Bybit OPUSDT
Orderly PERP_OP_USDC
dYdX OP-USD
Deribit OP_USDC-PERPETUAL
gTrade (Gains Network) OP/USD
KuCoin OPUSDTMShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni OP | +0.0070% | 8h | 0.1248 | −0.113% | $221K | $47K | — | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1248 | −0.077% | $288K | $1.1M | 15x | as long as short |
| Hyperliquid OP | +0.0100% | 1h | 0.1250 | +0.067% | $3.5M | $3.6M | 5x | as long as short |
| Aster OPUSDTshort | +0.0100% | 8h | 0.1249 | +0.002% | $205K | $210K | 10x | |
| Binance OPUSDTlong | +0.0100% | 8h | 0.1249 | long leg | $19.7M | $67.7M | 75x | |
| OKX OP-USDT-SWAP | +0.0100% | 8h | 0.1250 | +0.043% | $6.0M | $29.6M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1250 | +0.035% | $22.3M | $7.7M | 300x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1249 | −0.029% | $5.6M | $6.8M | 75x | as long as short |
| BingX OP-USDT | +0.0100% | 8h | 0.1248 | −0.093% | — | $6.8M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1249 | −0.045% | $117K | $222K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1246 | −0.301% | $4K | $1.1M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1246 | −0.269% | $43K | $694K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1249 | −0.037% | $195 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1250 | +0.019% | $166K | $259K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1248 | −0.128% | $100K | $610K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1249 | −0.005% | $3K | $1K | 3x | as long as short |
| Coinbase International OP-PERP-INTX | +0.0112% | 1h | 0.1249 | −0.029% | $24K | $66K | 50x | as long as short |
| Kraken Futures PF_OPUSD | +0.0155% | 1h | 0.1250 | +0.082% | $744K | $676K | 20x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1247 | −0.157% | $995K | $324K | 75x | as long as short |
| Reya OPRUSDPERP | +0.0445% | 1h | 0.1249 | +0.005% | $695 | — | 20x | as long as short |
Variational Omni OP
Lighter OP
Hyperliquid OP
OKX OP-USDT-SWAP
MEXC OP_USDT
Bitget OPUSDT
BingX OP-USDT
Backpack OP_USDC_PERP
edgeX OPUSDC
ApeX Omni OPUSDT
SoDEX OP-USD
HTX OP-USDT
Extended OP-USD
Aevo OP-PERP
Coinbase International OP-PERP-INTX
Kraken Futures PF_OPUSD
BloFin OP-USDT
Reya OPRUSDPERP