Settings8H · net · $10k
Funding arb · Price arb /

OP

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.028%
Price spread now: Extended against Aevo−0.090%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.090% cheaper against Aevo than usual: you would sell low and buy high, −$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo OP-PERP0.12450.0104pay 0.0013% / 1h51m 04s$4K3x
ShortExtended OP-USD0.12440.0104get 0.0013% / 1h51m 04s$100K$186K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Aevo. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.090% → 0.000%
−$9.04
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$30.04
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Extended: live order book, 35 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell Extended live order book, 35 min ago11.99 bp21.4 bp −$21147.2 bp −$1,472doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective OP/USDC PERP−0.1658%1h0.1240−0.391%$34K$58K12xas long as short
GMX OP/USD [OP-USDC]L −0.1066% / S +0.0229%1h0.1244−0.093%$13K100xas long as short
Coinbase International OP-PERP-INTX−0.0328%1h0.1243−0.150%$21K$64K50xas long as short
Variational Omni OP−0.0002%8h0.1247+0.183%$227K$44Kas long as short
dYdX OP-USD0.0000%1h0.1244−0.062%$38K$51910xas long as short
Deribit OP_USDC-PERPETUAL0.0000%1h0.1245+0.010%$41K$164K25xas long as short
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0004%1h0.1245+0.004%150xas long as short
Orderly PERP_OP_USDC+0.0027%8h0.1244−0.070%$6K$51K10xas long as short
OKX OP-USDT-SWAP+0.0095%8h0.1244−0.070%$5.7M$29.3M50xas long as short
Lighter OP+0.0096%1h0.1245−0.006%$266K$899K15xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate OP_USDT+0.0099%8h0.1244−0.062%$1.8M$1.4M50xas long as short
Hyperliquid OP+0.0100%1h0.1245+0.043%$3.9M$2.9M5xas long as short
Aster OPUSDT+0.0100%8h0.1244−0.039%$209K$243K10xas long as short
Binance OPUSDT+0.0100%8h0.1244−0.070%$20.1M$62.7M75xas long as short
Bybit OPUSDT+0.0100%8h0.1243−0.134%$18.3M$25.3M75xas long as short
MEXC OP_USDT+0.0100%8h0.1244−0.086%$19.9M$7.2M300xas long as short
KuCoin OPUSDTM+0.0100%8h0.1244−0.070%$2.9M$7.5M75xas long as short
Bitget OPUSDT+0.0100%8h0.1244−0.070%$5.9M$6.2M75xas long as short
BingX OP-USDC+0.0100%8h0.1243−0.150%$1.6Mas long as short
Backpack OP_USDC_PERP+0.0100%1h0.1244−0.078%$127K$189K10xas long as short
edgeX OPUSDC+0.0100%4h0.1247+0.172%$9K$380K10xas long as short
GRVT OP_USDT_Perp+0.0100%8h0.1250+0.426%$304K$5.3M10xas long as short
ApeX Omni OPUSDT+0.0100%1h0.1248+0.251%$45K$720K50xas long as short
SoDEX OP-USD+0.0100%1h0.1244−0.110%$160$6K5xas long as short
HTX OP-USDT+0.0100%8h0.1245−0.006%$172K$234K50xas long as short
Extended OP-USDshort+0.0104%1h0.1244−0.090%$100K$186K25x
Aevo OP-PERPlong+0.0104%1h0.1245long leg$4K3x
Kraken Futures PF_OPUSD+0.0138%1h0.1245+0.014%$769K$742K20xas long as short
BloFin OP-USDT+0.0220%8h0.1244−0.070%$988K$294K75xas long as short
Reya OPRUSDPERP+0.0436%1h0.1244−0.090%$69220xas long as short