Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.025%
Price spread now: Aster against Binance−0.021%7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$930.935% of the position
Funding, last 7 days+0.071%+$7 on $10k
+Price spread, last 4 days (all we have)−0.022%−$2 · spread now −0.021%, 7d avg +0.023%
=Together, before fees+0.049%+ Points / potential airdropAster: Stage 5 · farm board+$5 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: Aster is 0.044% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance OPUSDT | 0.1267 | 0.0100 | pay 0.0100% / 8h | 6h 25m | $20.4M | $62.1M | 75x |
| Short | Aster OPUSDT | 0.1267 | 0.0100 | get 0.0100% / 8h | 6h 25m | $212K | $229K | 10x |
Binance OPUSDT
Aster OPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Binance. 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: −0.021% → +0.023%
- −$4.4
- Slippage, 4 orders
- −$75.48
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$97.88
- Costs to cover
- 0.935%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; Aster: live order book, 41 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 Binance live order book, 2 min ago | 0.40 bp | 11.9 bp −$12 | 20.9 bp −$209 | 101.1 bp −$10.1K | doesn't fit |
| Sell Aster live order book, 41 min ago | 11.80 bp | 19.8 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
OP on 29 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 | −0.1535% | 1h | 0.1260 | −0.578% | $35K | $58K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1267 | +0.001% | $13K | — | 100x | as long as short |
| Coinbase International OP-PERP-INTX | −0.0184% | 1h | 0.1279 | +0.921% | $25K | $75K | 50x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1266 | −0.121% | $39K | $519 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1267 | −0.025% | $42K | $151K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1267 | −0.025% | — | — | 150x | as long as short |
| Variational Omni OP | +0.0053% | 8h | 0.1264 | −0.227% | $225K | $49K | — | as long as short |
| Orderly PERP_OP_USDC | +0.0057% | 8h | 0.1266 | −0.104% | $6K | $47K | 10x | as long as short |
| OKX OP-USDT-SWAP | +0.0088% | 8h | 0.1267 | −0.049% | $6.1M | $29.9M | 50x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1268 | +0.038% | $282K | $949K | 15x | as long as short |
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
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 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid OP | +0.0100% | 1h | 0.1268 | +0.030% | $3.7M | $3.1M | 5x | as long as short |
| Aster OPUSDTshort | +0.0100% | 8h | 0.1267 | −0.021% | $212K | $229K | 10x | |
| Binance OPUSDTlong | +0.0100% | 8h | 0.1267 | long leg | $20.4M | $62.1M | 75x | |
| Bybit OPUSDT | +0.0100% | 8h | 0.1267 | −0.049% | $18.4M | $26.0M | 75x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1267 | −0.010% | $2.0M | $1.5M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1267 | −0.018% | $20.7M | $7.5M | 300x | as long as short |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1266 | −0.104% | $2.9M | $6.9M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1267 | −0.025% | $5.9M | $6.6M | 75x | as long as short |
| BingX OP-USDC | +0.0100% | 8h | 0.1267 | −0.025% | — | $1.6M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1266 | −0.073% | $125K | $203K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1264 | −0.245% | $4K | $387K | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1265 | −0.205% | $311K | $5.3M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1260 | −0.578% | $43K | $712K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1266 | −0.096% | $178 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1267 | −0.065% | $175K | $226K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1266 | −0.104% | $104K | $393K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1267 | −0.055% | $3K | $1K | 3x | as long as short |
| Reya OPRUSDPERP | +0.0439% | 1h | 0.1267 | −0.032% | $704 | — | 20x | as long as short |
| Kraken Futures PF_OPUSD | +0.0460% | 1h | 0.1267 | +0.014% | $800K | $593K | 20x | as long as short |
Hyperliquid OP
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
Reya OPRUSDPERP
Kraken Futures PF_OPUSD