Funding you earn now, next payment 23:00 UTC−0.0329%/8h= −36.1% APRpaid last 24h −0.096%
Price spread now: GMX against Aster+0.095%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. GMX is 0.095% dearer against Aster than usual: you sell high and buy low (spread +0.095% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 23 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster OPUSDT | 0.1271 | 0.0100 | pay 0.0100% / 8h | 1h 28m | $212K | $241K | 10x |
| Short | GMX OP/USD [OP-USDC] | 0.1272 | L −0.1065% / S +0.0229% | pay 0.0029% / 1h | 28m 08s | $13K | — | 100x |
Aster OPUSDT
GMX OP/USD [OP-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- −$69.15
- Price spread: +0.095% → 0.000%
- $9.45
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$79.69
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Aster: live order book, 53 min ago; GMX: no order-book sample. Net counts fees only.
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, 53 min ago | 9.47 bp | 28.8 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 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 | −0.1710% | 1h | 0.1265 | −0.483% | $35K | $58K | 12x | as long as short |
| GMX OP/USD [OP-USDC]short | L −0.1065% / S +0.0229% | 1h | 0.1272 | +0.095% | $13K | — | 100x | |
| Coinbase International OP-PERP-INTX | −0.0360% | 1h | 0.1272 | +0.068% | $21K | $64K | 50x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1273 | +0.118% | $39K | $519 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1272 | +0.068% | $42K | $171K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1273 | +0.131% | — | — | 150x | as long as short |
| Variational Omni OP | +0.0041% | 8h | 0.1269 | −0.169% | $235K | $49K | — | as long as short |
| Orderly PERP_OP_USDC | +0.0056% | 8h | 0.1271 | −0.011% | $6K | $49K | 10x | as long as short |
| OKX OP-USDT-SWAP | +0.0095% | 8h | 0.1269 | −0.168% | $5.9M | $30.0M | 50x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1271 | −0.011% | $275K | $906K | 15x | as long as short |
Injective OP/USDC PERP
Coinbase International OP-PERP-INTX
dYdX OP-USD
Deribit OP_USDC-PERPETUAL
gTrade (Gains Network) OP/USD
Variational Omni OP
Orderly PERP_OP_USDC
OKX OP-USDT-SWAP
Lighter OPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid OP | +0.0100% | 1h | 0.1271 | +0.005% | $4.1M | $2.9M | 5x | as long as short |
| Aster OPUSDTlong | +0.0100% | 8h | 0.1271 | long leg | $212K | $241K | 10x | |
| Binance OPUSDT | +0.0100% | 8h | 0.1270 | −0.081% | $20.6M | $61.9M | 75x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1269 | −0.184% | $18.5M | $25.3M | 75x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1272 | +0.028% | $1.9M | $1.5M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1270 | −0.074% | $20.1M | $7.1M | 300x | as long as short |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1271 | −0.011% | $2.9M | $7.5M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1270 | −0.090% | $6.0M | $6.2M | 75x | as long as short |
| BingX OP-USDC | +0.0100% | 8h | 0.1270 | −0.090% | — | $1.6M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1270 | −0.097% | $126K | $190K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1266 | −0.398% | $11K | $382K | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1269 | −0.182% | $317K | $5.1M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1266 | −0.404% | $45K | $722K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1270 | −0.050% | $178 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1273 | +0.139% | $176K | $232K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1271 | −0.022% | $102K | $186K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1272 | +0.038% | $4K | — | 3x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1272 | +0.060% | $1.0M | $285K | 75x | as long as short |
| Kraken Futures PF_OPUSD | +0.0227% | 1h | 0.1271 | −0.027% | $793K | $740K | 20x | as long as short |
| Reya OPRUSDPERP | +0.0437% | 1h | 0.1273 | +0.112% | $708 | — | 20x | as long as short |
Hyperliquid OP
Binance OPUSDT
Bybit OPUSDT
Gate OP_USDT
MEXC OP_USDT
KuCoin OPUSDTM
Bitget OPUSDT
BingX OP-USDC
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
Kraken Futures PF_OPUSD
Reya OPRUSDPERP