Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.004%
Price spread now: Aster against KuCoin+0.081%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1171.173% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)+0.175%+$17 · spread now +0.081%, 7d avg +0.056%
=Together, before fees+0.180%+ Points / potential airdropAster: Stage 5 · farm board+$18 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 0.025% dearer against KuCoin than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.056%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin OPUSDTM | 0.1242 | 0.0100 | pay 0.0100% / 8h | 5h 55m | $2.9M | $5.6M | 75x |
| Short | Aster OPUSDT | 0.1243 | 0.0100 | get 0.0100% / 8h | 5h 55m | $206K | $210K | 10x |
KuCoin OPUSDTM
Aster OPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against KuCoin. 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: +0.081% → +0.056%
- $2.49
- Slippage, 4 orders
- −$97.3
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$114.81
- Costs to cover
- 1.173%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 1 min ago; Aster: live order book, 54 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 KuCoin live order book, 1 min ago | 4.03 bp | 46.3 bp −$46 | 91.9 bp −$919 | doesn't fit | doesn't fit |
| Sell Aster live order book, 54 min ago | 6.04 bp | 18.7 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
OP on 30 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| GMX OP/USD [OP-USDC] | L −0.0886% / S +0.0200% | 1h | 0.1243 | +0.114% | $13K | — | 100x | as long as short |
| Deribit OP_USDC-PERPETUAL | −0.0554% | 1h | 0.1243 | +0.081% | $30K | $113K | 25x | as long as short |
| Hyperliquid OP | −0.0481% | 1h | 0.1242 | −0.008% | $3.8M | $4.0M | 5x | as long as short |
| SoDEX OP-USD | −0.0073% | 1h | 0.1242 | +0.008% | $200 | $5K | 5x | as long as short |
| Orderly PERP_OP_USDC | −0.0059% | 8h | 0.1242 | 0.000% | $12K | $232K | 10x | as long as short |
| Coinbase International OP-PERP-INTX | −0.0048% | 1h | 0.1244 | +0.161% | $25K | $67K | 50x | as long as short |
| Binance OPUSDT | −0.0034% | 8h | 0.1242 | +0.008% | $19.2M | $65.9M | 75x | as long as short |
| MEXC OP_USDT | −0.0027% | 8h | 0.1242 | +0.016% | $22.0M | $7.3M | 300x | as long as short |
| Extended OP-USD | −0.0024% | 1h | 0.1242 | +0.005% | $100K | $581K | 25x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1244 | +0.121% | $38K | $522 | 10x | as long as short |
GMX OP/USD [OP-USDC]
Deribit OP_USDC-PERPETUAL
Hyperliquid OP
SoDEX OP-USD
Orderly PERP_OP_USDC
Coinbase International OP-PERP-INTX
Binance OPUSDT
MEXC OP_USDT
Extended OP-USD
dYdX OP-USDShow all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate OP_USDT | +0.0002% | 8h | 0.1243 | +0.056% | $2.0M | $1.3M | 50x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1247 | +0.401% | — | — | 150x | as long as short |
| GRVT OP_USDT_Perp | +0.0022% | 8h | 0.1245 | +0.258% | $305K | $5.3M | 10x | as long as short |
| Injective OP/USDC PERP | +0.0033% | 1h | 0.1257 | +1.208% | $35K | $67K | 12x | as long as short |
| Variational Omni OP | +0.0069% | 8h | 0.1243 | +0.107% | $220K | $46K | — | as long as short |
| Aevo OP-PERP | +0.0072% | 1h | 0.1244 | +0.180% | $3K | $1K | 3x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1243 | +0.072% | $264K | $1.1M | 15x | as long as short |
| BloFin OP-USDT | +0.0097% | 8h | 0.1246 | +0.290% | $981K | $281K | 75x | as long as short |
| Aster OPUSDTshort | +0.0100% | 8h | 0.1243 | +0.081% | $206K | $210K | 10x | |
| Bybit OPUSDT | +0.0100% | 8h | 0.1242 | +0.008% | $18.0M | $24.6M | 75x | as long as short |
| OKX OP-USDT-SWAP | +0.0100% | 8h | 0.1242 | +0.032% | $6.0M | $27.7M | 50x | as long as short |
| KuCoin OPUSDTMlong | +0.0100% | 8h | 0.1242 | long leg | $2.9M | $5.6M | 75x | |
| Bitget OPUSDT | +0.0100% | 8h | 0.1243 | +0.081% | $5.8M | $6.7M | 75x | as long as short |
| BingX OP-USDT | +0.0100% | 8h | 0.1242 | +0.024% | — | $6.5M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1242 | +0.032% | $108K | $219K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1245 | +0.281% | $4K | $1.1M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1247 | +0.403% | $43K | $689K | 50x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1245 | +0.274% | $168K | $252K | 50x | as long as short |
| Kraken Futures PF_OPUSD | +0.0155% | 1h | 0.1244 | +0.191% | $740K | $748K | 20x | as long as short |
| Reya OPRUSDPERP | +0.0446% | 1h | 0.1242 | −0.003% | $691 | — | 20x | as long as short |
Gate OP_USDT
gTrade (Gains Network) OP/USD
GRVT OP_USDT_Perp
Injective OP/USDC PERP
Variational Omni OP
Aevo OP-PERP
Lighter OP
BloFin OP-USDT
Bybit OPUSDT
OKX OP-USDT-SWAP
Bitget OPUSDT
BingX OP-USDT
Backpack OP_USDC_PERP
edgeX OPUSDC
ApeX Omni OPUSDT
HTX OP-USDT
Kraken Futures PF_OPUSD
Reya OPRUSDPERP