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

OP

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0043%/8h= +4.7% APRnext payment +$0.43 per $10,000 · paid last 24h +0.033%
Price spread now: Aster against Variational Omni+0.061%7-day average +0.076% · 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 4 days (all we have)+0.052%+$5 on $10k
Price spread, last 4 days (all we have)−0.213%−$21 · spread now +0.061%, 7d avg +0.076%
Together, before fees−0.161%+ Points / potential airdropVariational Omni: Active · Aster: Stage 5 · farm board−$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.076%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni OP0.12700.0057pay 0.0057% / 8h3h 57m$225K$48K
ShortAster OPUSDT0.12700.0100get 0.0100% / 8h3h 57m$212K$219K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Variational Omni. 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
$9.06
Price spread: +0.061% → +0.076%
−$1.49
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
−$0.43
Costs to cover
0.080%
Break-even
7.3 days
Slippage unknown: Variational Omni: RFQ quote, 61 min ago; Aster: live order book, 59 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 Variational Omni RFQ quote, 61 min ago7.92 bpdoesn't fit23.8 bp −$238doesn't fitdoesn't fit
Sell Aster live order book, 59 min ago7.47 bp17.5 bp −$17doesn't fitdoesn't fitdoesn't fit

OP on 30 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−0.1568%1h0.1268−0.136%$35K$58K12xas long as short
GMX OP/USD [OP-USDC]L −0.1065% / S +0.0229%1h0.1269−0.041%$13K100xas long as short
dYdX OP-USD0.0000%1h0.1271+0.074%$39K$51910xas long as short
Deribit OP_USDC-PERPETUAL0.0000%1h0.1270+0.021%$42K$139K25xas long as short
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0004%1h0.1270+0.021%150xas long as short
Coinbase International OP-PERP-INTX+0.0032%1h0.1262−0.609%$24K$63K50xas long as short
Orderly PERP_OP_USDC+0.0055%8h0.1269−0.057%$6K$45K10xas long as short
Kraken Futures PF_OPUSD+0.0057%1h0.1270+0.014%$785K$549K20xas long as short
Variational Omni OPlong+0.0057%8h0.1270long leg$225K$48K
OKX OP-USDT-SWAP+0.0070%8h0.1270+0.014%$6.2M$28.6M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter OP+0.0096%1h0.1271+0.132%$279K$941K15xas long as short
Hyperliquid OP+0.0100%1h0.1272+0.179%$3.7M$2.8M5xas long as short
Aster OPUSDTshort+0.0100%8h0.1270+0.061%$212K$219K10x
Binance OPUSDT+0.0100%8h0.1271+0.122%$20.5M$60.4M75xas long as short
Bybit OPUSDT+0.0100%8h0.1270+0.014%$18.7M$24.8M75xas long as short
Gate OP_USDT+0.0100%8h0.1271+0.084%$2.0M$1.4M50xas long as short
MEXC OP_USDT+0.0100%8h0.1272+0.147%$21.5M$7.1M300xas long as short
KuCoin OPUSDTM+0.0100%8h0.1270+0.021%$2.9M$6.4M75xas long as short
Bitget OPUSDT+0.0100%8h0.1269−0.057%$5.9M$6.4M75xas long as short
BingX OP-USDT+0.0100%8h0.1270+0.014%$6.3Mas long as short
Backpack OP_USDC_PERP+0.0100%1h0.1269−0.034%$121K$200K10xas long as short
edgeX OPUSDC+0.0100%4h0.1270+0.027%$4K$390K10xas long as short
GRVT OP_USDT_Perp+0.0100%8h0.1267−0.242%$317K$5.1M10xas long as short
ApeX Omni OPUSDT+0.0100%1h0.1268−0.136%$43K$711K50xas long as short
SoDEX OP-USD+0.0100%1h0.1269−0.042%$206$6K5xas long as short
HTX OP-USDT+0.0100%8h0.1270+0.014%$174K$226K50xas long as short
Extended OP-USD+0.0104%1h0.1269−0.024%$104K$390K25xas long as short
Aevo OP-PERP+0.0104%1h0.1270−0.018%$3K$1K3xas long as short
BloFin OP-USDT+0.0220%8h0.1273+0.250%$1.0M$281K75xas long as short
Reya OPRUSDPERP+0.0441%1h0.1268−0.112%$70520xas long as short