Funding you earn now, next payment 00:00 UTC0.0000%/8hnext payment +$0.00 per $10,000 · paid last 24h −0.008%
Price spread now: Bybit against Aster−0.210%7-day average −0.081% · you buy dearer than you sell
to open and close $10k−$78fees + slippage, both legs, in and out
costs, in % of the position0.776%what the two incomes have to cover
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 3 days (all we have)+0.205%+$20 · spread now −0.210%, 7d avg −0.081%
=Together, before fees+0.154%+ Points / potential airdropAster: Stage 5 · farm board+$15 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: Bybit is 0.129% cheaper against Aster than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.081%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster OPUSDT | 0.1236 | 0.0100 | pay 0.0100% / 8h | 4h 36m | $209K | $266K | 10x |
| Short | Bybit OPUSDT | 0.1234 | 0.0100 | get 0.0100% / 8h | 4h 36m | $18.0M | $26.5M | 75x |
Aster OPUSDT
Bybit OPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Aster. 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: −0.210% → −0.081%
- −$12.93
- Slippage, 4 orders
- −$58.55
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$90.48
- Costs to cover
- 0.776%
- Break-even
- never at this rate
Slippage from Aster: live order book, 3 min ago; Bybit: live order book, 4 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 Aster live order book, 3 min ago | 11.70 bp | 30.1 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 0.40 bp | 9.9 bp −$10 | 22.6 bp −$226 | 96.0 bp −$9,601 | 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 | −0.1650% | 1h | 0.1235 | −0.089% | $34K | $58K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.0887% / S +0.0200% | 1h | 0.1238 | +0.115% | $13K | — | 100x | as long as short |
| Coinbase International OP-PERP-INTX | −0.0312% | 1h | 0.1232 | −0.331% | $21K | $67K | 50x | as long as short |
| Variational Omni OP | −0.0059% | 8h | 0.1239 | +0.211% | $226K | $42K | — | as long as short |
| Orderly PERP_OP_USDC | −0.0016% | 8h | 0.1237 | +0.073% | $6K | $53K | 10x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1236 | −0.007% | $38K | $519 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1238 | +0.154% | $43K | $184K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1235 | −0.097% | — | — | 150x | as long as short |
| Gate OP_USDT | +0.0045% | 8h | 0.1236 | −0.024% | $1.8M | $1.4M | 50x | as long as short |
| OKX OP-USDT-SWAP | +0.0053% | 8h | 0.1234 | −0.145% | $5.7M | $29.7M | 50x | as long as short |
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
Coinbase International OP-PERP-INTX
Variational Omni OP
Orderly PERP_OP_USDC
dYdX OP-USD
Deribit OP_USDC-PERPETUAL
gTrade (Gains Network) OP/USD
Gate OP_USDT
OKX OP-USDT-SWAPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter OP | +0.0096% | 1h | 0.1236 | +0.008% | $267K | $899K | 15x | as long as short |
| Hyperliquid OP | +0.0100% | 1h | 0.1236 | +0.016% | $3.8M | $3.1M | 5x | as long as short |
| Aster OPUSDTlong | +0.0100% | 8h | 0.1236 | long leg | $209K | $266K | 10x | |
| Binance OPUSDT | +0.0100% | 8h | 0.1235 | −0.128% | $19.5M | $64.2M | 75x | as long as short |
| Bybit OPUSDTshort | +0.0100% | 8h | 0.1234 | −0.210% | $18.0M | $26.5M | 75x | |
| MEXC OP_USDT | +0.0100% | 8h | 0.1234 | −0.137% | $19.7M | $7.2M | 300x | as long as short |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1234 | −0.170% | $2.9M | $7.4M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1235 | −0.089% | $6.0M | $6.2M | 75x | as long as short |
| BingX OP-USDT | +0.0100% | 8h | 0.1235 | −0.081% | — | $6.7M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1236 | −0.024% | $128K | $198K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1240 | +0.281% | $9K | $379K | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1239 | +0.253% | $301K | $5.4M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1240 | +0.316% | $44K | $720K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1237 | +0.049% | $174 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1239 | +0.194% | $176K | $253K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1234 | −0.165% | $99K | $206K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1238 | +0.144% | $4K | — | 3x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1236 | −0.008% | $978K | $302K | 75x | as long as short |
| Reya OPRUSDPERP | +0.0434% | 1h | 0.1234 | −0.157% | $686 | — | 20x | as long as short |
| Kraken Futures PF_OPUSD | +0.0527% | 1h | 0.1238 | +0.125% | $767K | $769K | 20x | as long as short |
Lighter OP
Hyperliquid OP
Binance OPUSDT
MEXC OP_USDT
KuCoin OPUSDTM
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
BloFin OP-USDT
Reya OPRUSDPERP
Kraken Futures PF_OPUSD