Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.021%
Price spread now: Binance against Aevo−0.085%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.085% cheaper against Aevo than usual: you would sell low and buy high, −$8 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo OP-PERP | 0.1241 | 0.0104 | pay 0.0013% / 1h | 23m 59s | $3K | $1K | 3x |
| Short | Binance OPUSDT | 0.1240 | 0.0100 | get 0.0100% / 8h | 23m 59s | $19.6M | $67.6M | 75x |
Aevo OP-PERP
Binance OPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Aevo. 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
- −$0.84
- Price spread: −0.085% → 0.000%
- −$8.46
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$35.3
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Binance: live order book, 3 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 3 min ago | 0.40 bp | 9.4 bp −$9 | 16.9 bp −$169 | 85.8 bp −$8,577 | doesn't fit |
Aevo: 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 | −0.1660% | 1h | 0.1235 | −0.487% | $34K | $63K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1164% / S +0.0246% | 1h | 0.1241 | +0.033% | $13K | — | 100x | as long as short |
| Orderly PERP_OP_USDC | −0.0054% | 8h | 0.1241 | −0.004% | $12K | $236K | 10x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1241 | −0.024% | $38K | $522 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1241 | −0.004% | $32K | $164K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1241 | +0.010% | — | — | 150x | as long as short |
| Variational Omni OP | +0.0048% | 8h | 0.1240 | −0.067% | $220K | $47K | — | as long as short |
| KuCoin OPUSDTM | +0.0070% | 8h | 0.1239 | −0.165% | $2.8M | $6.1M | 75x | as long as short |
| Coinbase International OP-PERP-INTX | +0.0080% | 1h | 0.1241 | −0.004% | $24K | $65K | 50x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1241 | +0.012% | $287K | $1.1M | 15x | as long as short |
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
Orderly PERP_OP_USDC
dYdX OP-USD
Deribit OP_USDC-PERPETUAL
gTrade (Gains Network) OP/USD
Variational Omni OP
KuCoin OPUSDTM
Coinbase International OP-PERP-INTX
Lighter OPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid OP | +0.0100% | 1h | 0.1241 | +0.020% | $3.4M | $3.6M | 5x | as long as short |
| Aster OPUSDT | +0.0100% | 8h | 0.1241 | −0.004% | $204K | $210K | 10x | as long as short |
| Binance OPUSDTshort | +0.0100% | 8h | 0.1240 | −0.085% | $19.6M | $67.6M | 75x | |
| Bybit OPUSDT | +0.0100% | 8h | 0.1240 | −0.117% | $18.0M | $26.3M | 75x | as long as short |
| OKX OP-USDT-SWAP | +0.0100% | 8h | 0.1240 | −0.068% | $5.9M | $29.3M | 50x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1241 | −0.036% | $1.9M | $1.5M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1240 | −0.085% | $22.0M | $7.8M | 300x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1240 | −0.085% | $5.6M | $6.8M | 75x | as long as short |
| BingX OP-USDT | +0.0100% | 8h | 0.1240 | −0.068% | — | $6.8M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1240 | −0.068% | $114K | $221K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1245 | +0.331% | $4K | $1.1M | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1244 | +0.267% | $313K | $5.4M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1243 | +0.157% | $43K | $698K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1240 | −0.101% | $215 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1241 | +0.036% | $165K | $259K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1239 | −0.129% | $99K | $600K | 25x | as long as short |
| Aevo OP-PERPlong | +0.0104% | 1h | 0.1241 | long leg | $3K | $1K | 3x | |
| Kraken Futures PF_OPUSD | +0.0166% | 1h | 0.1241 | +0.010% | $736K | $677K | 20x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1240 | −0.085% | $999K | $320K | 75x | as long as short |
| Reya OPRUSDPERP | +0.0444% | 1h | 0.1240 | −0.125% | $689 | — | 20x | as long as short |
Hyperliquid OP
Aster OPUSDT
Bybit OPUSDT
OKX OP-USDT-SWAP
Gate OP_USDT
MEXC OP_USDT
Bitget OPUSDT
BingX OP-USDT
Backpack OP_USDC_PERP
edgeX OPUSDC
GRVT OP_USDT_Perp
ApeX Omni OPUSDT
SoDEX OP-USD
HTX OP-USDT
Extended OP-USD
Kraken Futures PF_OPUSD
BloFin OP-USDT
Reya OPRUSDPERP