Funding you earn now, next payment 00:00 UTC+0.0080%/8h= +8.7% APRnext payment +$0.80 per $10,000 · paid last 24h +0.033%
Price spread now: Aster against Variational Omni+0.107%7-day average +0.073% · 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)+0.048%+$5 on $10k
+Price spread, last 3 days (all we have)−0.259%−$26 · spread now +0.107%, 7d avg +0.073%
=Together, before fees−0.211%+ Points / potential airdropVariational Omni: Active · Aster: Stage 5 · farm board−$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aster is 0.034% dearer against Variational Omni than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.073%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni OP | 0.1252 | 0.0020 | pay 0.0020% / 8h | 2h 32m | $229K | $45K | — |
| Short | Aster OPUSDT | 0.1253 | 0.0100 | get 0.0100% / 8h | 2h 32m | $211K | $241K | 10x |
Variational Omni OP
Aster OPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Variational Omni. 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
- $16.78
- Price spread: +0.107% → +0.073%
- $3.37
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $12.15
- Costs to cover
- 0.080%
- Break-even
- 1.9 days
Slippage unknown: Variational Omni: RFQ quote, 56 min ago; Aster: live order book, 54 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 Variational Omni RFQ quote, 56 min ago | 3.98 bp | doesn't fit | 35.8 bp −$358 | doesn't fit | doesn't fit |
| Sell Aster live order book, 54 min ago | 11.58 bp | 20.3 bp −$20 | doesn't fit | doesn't fit | 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 | −0.1658% | 1h | 0.1246 | −0.480% | $34K | $58K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1066% / S +0.0229% | 1h | 0.1253 | +0.115% | $13K | — | 100x | as long as short |
| Coinbase International OP-PERP-INTX | −0.0328% | 1h | 0.1243 | −0.719% | $21K | $64K | 50x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1253 | +0.069% | $39K | $519 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1253 | +0.079% | $41K | $171K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1254 | +0.144% | — | — | 150x | as long as short |
| Variational Omni OPlong | +0.0020% | 8h | 0.1252 | long leg | $229K | $45K | — | |
| Orderly PERP_OP_USDC | +0.0032% | 8h | 0.1253 | +0.079% | $6K | $51K | 10x | as long as short |
| OKX OP-USDT-SWAP | +0.0095% | 8h | 0.1253 | +0.103% | $5.8M | $29.5M | 50x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1254 | +0.159% | $271K | $905K | 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
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 | 0.1254 | +0.191% | $3.9M | $2.9M | 5x | as long as short |
| Aster OPUSDTshort | +0.0100% | 8h | 0.1253 | +0.107% | $211K | $241K | 10x | |
| Binance OPUSDT | +0.0100% | 8h | 0.1254 | +0.136% | $20.3M | $62.5M | 75x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1253 | +0.071% | $18.4M | $25.2M | 75x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1254 | +0.159% | $1.8M | $1.5M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1254 | +0.167% | $20.1M | $7.2M | 300x | as long as short |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1252 | 0.000% | $2.9M | $7.5M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1254 | +0.159% | $6.0M | $6.2M | 75x | as long as short |
| BingX OP-USDC | +0.0100% | 8h | 0.1254 | +0.159% | — | $1.6M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1253 | +0.071% | $127K | $188K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1254 | +0.143% | $9K | $378K | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1254 | +0.159% | $310K | $5.1M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1254 | +0.159% | $45K | $719K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1253 | +0.087% | $168 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1255 | +0.231% | $174K | $234K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1253 | +0.100% | $100K | $186K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1254 | +0.125% | $4K | — | 3x | as long as short |
| Kraken Futures PF_OPUSD | +0.0137% | 1h | 0.1254 | +0.186% | $776K | $731K | 20x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1253 | +0.071% | $997K | $279K | 75x | as long as short |
| Reya OPRUSDPERP | +0.0436% | 1h | 0.1253 | +0.088% | $697 | — | 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
Kraken Futures PF_OPUSD
BloFin OP-USDT
Reya OPRUSDPERP