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

OP

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Aster−0.048%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$750.751% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.033%−$3 on $10k
Price spread, last 4 days (all we have)−0.116%−$12 · spread now −0.048%, 7d avg −0.031%
Together, before fees−0.149%+ Points / potential airdropAster: Stage 5 · farm board−$15 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster OPUSDT0.12900.0100pay 0.0100% / 8h56m 04s$215K$241K10x
ShortBitget OPUSDT0.12890.0100get 0.0100% / 8h56m 04s$6.1M$6.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Aster. 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: −0.048% → −0.031%
−$1.74
Slippage, 4 orders
−$55.09
Fee Aster: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$76.82
Costs to cover
0.751%
Break-even
never at this rate
Slippage from Aster: live order book, 21 min ago; Bitget: live order book, 2 min ago.

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, 21 min ago8.20 bp31.6 bp −$32doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago3.88 bp13.0 bp −$1326.2 bp −$262102.4 bp −$10.2Kdoesn'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−0.1633%1h0.1281−0.669%$35K$58K12xas long as short
GMX OP/USD [OP-USDC]L −0.1065% / S +0.0229%1h0.1290+0.033%$13K100xas long as short
Coinbase International OP-PERP-INTX−0.0344%1h0.1280−0.746%$21K$64K50xas long as short
dYdX OP-USD0.0000%1h0.1290+0.007%$40K$51910xas long as short
Deribit OP_USDC-PERPETUAL0.0000%1h0.1290+0.029%$43K$171K25xas long as short
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0004%1h0.1290+0.028%150xas long as short
Orderly PERP_OP_USDC+0.0063%8h0.1289−0.048%$6K$50K10xas long as short
Variational Omni OP+0.0076%8h0.1284−0.407%$236K$54Kas long as short
Lighter OP+0.0096%1h0.1291+0.099%$291K$918K15xas long as short
Hyperliquid OP+0.0100%1h0.1290+0.068%$4.2M$2.9M5xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster OPUSDTlong+0.0100%8h0.1290long leg$215K$241K10x
Binance OPUSDT+0.0100%8h0.1289−0.048%$20.9M$61.7M75xas long as short
Bybit OPUSDT+0.0100%8h0.1288−0.110%$18.9M$25.5M75xas long as short
OKX OP-USDT-SWAP+0.0100%8h0.1289−0.072%$6.1M$30.5M50xas long as short
Gate OP_USDT+0.0100%8h0.1290+0.021%$2.0M$1.5M50xas long as short
MEXC OP_USDT+0.0100%8h0.1289−0.033%$20.6M$7.1M300xas long as short
KuCoin OPUSDTM+0.0100%8h0.1289−0.048%$2.9M$7.4M75xas long as short
Bitget OPUSDTshort+0.0100%8h0.1289−0.048%$6.1M$6.3M75x
BingX OP-USDC+0.0100%8h0.1289−0.048%$1.6Mas long as short
Backpack OP_USDC_PERP+0.0100%1h0.1289−0.041%$126K$189K10xas long as short
edgeX OPUSDC+0.0100%4h0.1286−0.256%$11K$382K10xas long as short
GRVT OP_USDT_Perp+0.0100%8h0.1287−0.173%$322K$5.1M10xas long as short
ApeX Omni OPUSDT+0.0100%1h0.1286−0.281%$46K$722K50xas long as short
SoDEX OP-USD+0.0100%1h0.1289−0.025%$184$6K5xas long as short
HTX OP-USDT+0.0100%8h0.1290−0.002%$178K$232K50xas long as short
Extended OP-USD+0.0104%1h0.1289−0.077%$103K$186K25xas long as short
Aevo OP-PERP+0.0104%1h0.1290−0.010%$4K3xas long as short
BloFin OP-USDT+0.0220%8h0.1288−0.110%$1.0M$291K75xas long as short
Kraken Futures PF_OPUSD+0.0354%1h0.1291+0.110%$807K$745K20xas long as short
Reya OPRUSDPERP+0.0437%1h0.1289−0.038%$71720xas long as short