Settings8H · net · $10k
Funding arb · Price arb /

OP

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Aster against SoDEX+0.055%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.055% dearer against SoDEX than usual: you sell high and buy low, +$6 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX OP-USD0.12680.0100pay 0.0013% / 1h56m 12s$182$6K5x
ShortAster OPUSDT0.12690.0100get 0.0100% / 8h5h 56m$212K$229K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against SoDEX. 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

Funding earned
$0
Price spread: +0.055% → 0.000%
$5.52
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Aster: 4 bp × 2 orders
−$8
Net
−$10.48
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; Aster: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SoDEX no order-book sample
Sell Aster live order book, 5 min ago11.46 bp21.5 bp −$21doesn't fitdoesn't fitdoesn't fit
SoDEX: 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.

OP on 29 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective OP/USDC PERP−0.1488%1h0.1259−0.718%$35K$58K12xas long as short
GMX OP/USD [OP-USDC]L −0.1065% / S +0.0229%1h0.1269+0.085%$13K100xas long as short
dYdX OP-USD0.0000%1h0.1267−0.110%$39K$51910xas long as short
Deribit OP_USDC-PERPETUAL0.0000%1h0.1269+0.071%$42K$151K25xas long as short
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0004%1h0.1269+0.049%150xas long as short
OKX OP-USDT-SWAP+0.0049%8h0.1265−0.244%$6.1M$29.1M50xas long as short
Variational Omni OP+0.0051%8h0.1268−0.005%$223K$50Kas long as short
Orderly PERP_OP_USDC+0.0054%8h0.1269+0.071%$6K$45K10xas long as short
Lighter OP+0.0096%1h0.1269+0.047%$281K$934K15xas long as short
Hyperliquid OP+0.0100%1h0.1268−0.047%$3.7M$3.0M5xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster OPUSDTshort+0.0100%8h0.1269+0.055%$212K$229K10x
Binance OPUSDT+0.0100%8h0.1268−0.035%$20.4M$60.6M75xas long as short
Bybit OPUSDT+0.0100%8h0.1265−0.205%$18.4M$25.3M75xas long as short
Gate OP_USDT+0.0100%8h0.1267−0.087%$2.0M$1.5M50xas long as short
MEXC OP_USDT+0.0100%8h0.1268−0.024%$20.7M$6.9M300xas long as short
KuCoin OPUSDTM+0.0100%8h0.1268−0.008%$2.9M$6.8M75xas long as short
Bitget OPUSDT+0.0100%8h0.1266−0.166%$5.9M$6.5M75xas long as short
BingX OP-USDC+0.0100%8h0.1267−0.087%$1.6Mas long as short
Backpack OP_USDC_PERP+0.0100%1h0.1267−0.095%$121K$195K10xas long as short
edgeX OPUSDC+0.0100%4h0.1265−0.274%$4K$390K10xas long as short
GRVT OP_USDT_Perp+0.0100%8h0.1264−0.295%$311K$5.1M10xas long as short
ApeX Omni OPUSDT+0.0100%1h0.1266−0.166%$43K$706K50xas long as short
SoDEX OP-USDlong+0.0100%1h0.1268long leg$182$6K5x
HTX OP-USDT+0.0100%8h0.1269+0.103%$175K$218K50xas long as short
Extended OP-USD+0.0104%1h0.1267−0.066%$101K$392K25xas long as short
Aevo OP-PERP+0.0104%1h0.1268−0.012%$3K$1K3xas long as short
Coinbase International OP-PERP-INTX+0.0152%1h0.1265−0.244%$24K$71K50xas long as short
Reya OPRUSDPERP+0.0440%1h0.1268+0.026%$70520xas long as short
Kraken Futures PF_OPUSD+0.0489%1h0.1269+0.071%$802K$584K20xas long as short