Funding you earn now, next payment 07:00 UTC+0.0199%/8h= +21.8% APRpaid last 24h 0.000%
Price spread now: Aster against SoDEX+0.046%45s7-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
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Aster is 0.046% dearer against SoDEX than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX OP-USD | 0.1252 | −0.0099 | get 0.0012% / 1h | 55m 37s | $209 | $6K | 5x |
| Short | Aster OPUSDT | 0.1252 | 0.0100 | get 0.0100% / 8h | 1h 55m | $207K | $218K | 10x |
SoDEX OP-USD
Aster OPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against SoDEX. 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
- $41.8
- Price spread: +0.046% → 0.000%
- $4.57
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $30.37
- Costs to cover
- 0.160%
- Break-even
- 1.9 days
Slippage unknown: SoDEX: no order-book sample; Aster: live order book, 51 min ago. 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 51 min ago | 10.32 bp | 22.3 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
SoDEX: 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 | −0.1760% | 1h | 0.1249 | −0.232% | $34K | $59K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1254 | +0.161% | $13K | — | 100x | as long as short |
| Deribit OP_USDC-PERPETUAL | −0.0548% | 1h | 0.1252 | +0.008% | $33K | $153K | 25x | as long as short |
| Hyperliquid OP | −0.0193% | 1h | 0.1251 | −0.040% | $3.5M | $3.4M | 5x | as long as short |
| SoDEX OP-USDlong | −0.0099% | 1h | 0.1252 | long leg | $209 | $6K | 5x | |
| Kraken Futures PF_OPUSD | −0.0034% | 1h | 0.1252 | +0.001% | $749K | $652K | 20x | as long as short |
| Orderly PERP_OP_USDC | −0.0023% | 8h | 0.1252 | +0.008% | $59K | $142K | 10x | as long as short |
| Variational Omni OP | −0.0006% | 8h | 0.1252 | +0.034% | $222K | $46K | — | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1253 | +0.070% | $39K | $522 | 10x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1254 | +0.138% | — | — | 150x | as long as short |
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
Deribit OP_USDC-PERPETUAL
Hyperliquid OP
Kraken Futures PF_OPUSD
Orderly PERP_OP_USDC
Variational Omni OP
dYdX OP-USD
gTrade (Gains Network) OP/USDShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International OP-PERP-INTX | +0.0032% | 1h | 0.1257 | +0.407% | $24K | $64K | 50x | as long as short |
| Bybit OPUSDT | +0.0056% | 8h | 0.1250 | −0.128% | $18.4M | $26.0M | 75x | as long as short |
| KuCoin OPUSDTM | +0.0085% | 8h | 0.1251 | −0.072% | $2.8M | $6.3M | 75x | as long as short |
| OKX OP-USDT-SWAP | +0.0088% | 8h | 0.1251 | −0.048% | $6.1M | $29.2M | 50x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1252 | +0.016% | $275K | $1.1M | 15x | as long as short |
| Aster OPUSDTshort | +0.0100% | 8h | 0.1252 | +0.046% | $207K | $218K | 10x | |
| Binance OPUSDT | +0.0100% | 8h | 0.1251 | −0.064% | $19.8M | $65.8M | 75x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1252 | +0.024% | $2.0M | $1.5M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1252 | −0.032% | $23.0M | $7.6M | 300x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1251 | −0.072% | $5.7M | $6.8M | 75x | as long as short |
| BingX OP-USDT | +0.0100% | 8h | 0.1252 | −0.016% | — | $6.6M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1252 | −0.008% | $105K | $213K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1249 | −0.202% | $379K | $766K | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1253 | +0.088% | $309K | $5.4M | 10x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1253 | +0.072% | $170K | $253K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1250 | −0.144% | $101K | $502K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1251 | −0.058% | $3K | $1K | 3x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1253 | +0.064% | $987K | $304K | 75x | as long as short |
| Reya OPRUSDPERP | +0.0443% | 1h | 0.1253 | +0.073% | $697 | — | 20x | as long as short |
| ApeX Omni OPUSDT | +0.1062% | 1h | 0.1255 | +0.248% | $43K | $703K | 50x | as long as short |
Coinbase International OP-PERP-INTX
Bybit OPUSDT
KuCoin OPUSDTM
OKX OP-USDT-SWAP
Lighter OP
Binance OPUSDT
Gate OP_USDT
MEXC OP_USDT
Bitget OPUSDT
BingX OP-USDT
Backpack OP_USDC_PERP
edgeX OPUSDC
GRVT OP_USDT_Perp
HTX OP-USDT
Extended OP-USD
Aevo OP-PERP
BloFin OP-USDT
Reya OPRUSDPERP
ApeX Omni OPUSDT