Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.025%
Price spread now: Aster against MEXC+0.049%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$490.485% of the position
Funding, last 7 days+0.071%+$7 on $10k
+Price spread, last 4 days (all we have)−0.049%−$5 · spread now +0.049%, 7d avg +0.028%
=Together, before fees+0.021%+ Points / potential airdropAster: Stage 5 · farm board+$2 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 0.020% dearer against MEXC than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.028%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC OP_USDT | 0.1242 | 0.0100 | pay 0.0100% / 8h | 20m 22s | $22.1M | $7.8M | 300x |
| Short | Aster OPUSDT | 0.1242 | 0.0100 | get 0.0100% / 8h | 20m 22s | $204K | $210K | 10x |
MEXC OP_USDT
Aster OPUSDTFunding 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 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: +0.049% → +0.028%
- $2.02
- Slippage, 4 orders
- −$40.52
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$46.5
- Costs to cover
- 0.485%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Aster: live order book, 16 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 MEXC live order book, 3 min ago | 0.40 bp | 3.3 bp −$3 | 8.6 bp −$86 | 57.8 bp −$5,782 | 119.2 bp −$59.6K |
| Sell Aster live order book, 16 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 | −0.1660% | 1h | 0.1235 | −0.532% | $34K | $63K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1164% / S +0.0246% | 1h | 0.1241 | −0.010% | $13K | — | 100x | as long as short |
| Orderly PERP_OP_USDC | −0.0054% | 8h | 0.1242 | +0.032% | $12K | $236K | 10x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1242 | +0.012% | $38K | $522 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1242 | +0.032% | $32K | $164K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1242 | +0.023% | — | — | 150x | as long as short |
| Variational Omni OP | +0.0053% | 8h | 0.1240 | −0.102% | $220K | $47K | — | as long as short |
| KuCoin OPUSDTM | +0.0072% | 8h | 0.1240 | −0.129% | $2.8M | $6.1M | 75x | as long as short |
| Coinbase International OP-PERP-INTX | +0.0080% | 1h | 0.1242 | +0.032% | $24K | $65K | 50x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1242 | +0.072% | $287K | $1.1M | 15x | as long as short |
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
Orderly PERP_OP_USDC
dYdX OP-USD
Deribit OP_USDC-PERPETUAL
gTrade (Gains Network) OP/USD
Variational Omni OP
KuCoin OPUSDTM
Coinbase International OP-PERP-INTX
Lighter OPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid OP | +0.0100% | 1h | 0.1243 | +0.097% | $3.5M | $3.6M | 5x | as long as short |
| Aster OPUSDTshort | +0.0100% | 8h | 0.1242 | +0.049% | $204K | $210K | 10x | |
| Binance OPUSDT | +0.0100% | 8h | 0.1242 | +0.008% | $19.6M | $67.6M | 75x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1241 | −0.016% | $18.1M | $26.3M | 75x | as long as short |
| OKX OP-USDT-SWAP | +0.0100% | 8h | 0.1242 | 0.000% | $5.9M | $29.4M | 50x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1242 | +0.032% | $2.0M | $1.5M | 50x | as long as short |
| MEXC OP_USDTlong | +0.0100% | 8h | 0.1242 | long leg | $22.1M | $7.8M | 300x | |
| Bitget OPUSDT | +0.0100% | 8h | 0.1242 | +0.032% | $5.6M | $6.8M | 75x | as long as short |
| BingX OP-USDT | +0.0100% | 8h | 0.1241 | −0.016% | — | $6.8M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1241 | −0.056% | $114K | $221K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1241 | −0.010% | $4K | $1.1M | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1240 | −0.130% | $303K | $5.4M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1241 | −0.048% | $43K | $697K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1241 | −0.048% | $212 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1242 | 0.000% | $165K | $259K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1241 | −0.022% | $99K | $615K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1242 | +0.020% | $3K | $1K | 3x | as long as short |
| Kraken Futures PF_OPUSD | +0.0166% | 1h | 0.1242 | +0.036% | $737K | $678K | 20x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1241 | −0.048% | $996K | $320K | 75x | as long as short |
| Reya OPRUSDPERP | +0.0444% | 1h | 0.1241 | −0.021% | $690 | — | 20x | as long as short |
Hyperliquid OP
Binance OPUSDT
Bybit OPUSDT
OKX OP-USDT-SWAP
Gate OP_USDT
Bitget OPUSDT
BingX OP-USDT
Backpack OP_USDC_PERP
edgeX OPUSDC
GRVT OP_USDT_Perp
ApeX Omni OPUSDT
SoDEX OP-USD
HTX OP-USDT
Extended OP-USD
Aevo OP-PERP
Kraken Futures PF_OPUSD
BloFin OP-USDT
Reya OPRUSDPERP