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

OP

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.004%
Price spread now: Gate against Aevo+0.128%7-day average · you sell dearer than you buy
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 feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.128% dearer against Aevo than usual: you sell high and buy low, +$13 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo OP-PERP0.12520.0104pay 0.0013% / 1h50m 47s$3K$1K3x
ShortGate OP_USDT0.12540.0100get 0.0100% / 8h1h 50m$2.0M$1.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$0.84
Price spread: +0.128% → 0.000%
$12.78
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$19.06
Costs to cover
0.310%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Gate: live order book, 2 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 Gate live order book, 2 min ago2.80 bp29.6 bp −$3063.9 bp −$639doesn'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−0.1760%1h0.1248−0.319%$34K$59K12xas long as short
GMX OP/USD [OP-USDC]L −0.1065% / S +0.0229%1h0.1253+0.081%$13K100xas long as short
Deribit OP_USDC-PERPETUAL−0.0548%1h0.12520.000%$33K$153K25xas long as short
Hyperliquid OP−0.0126%1h0.1254+0.144%$3.6M$3.5M5xas long as short
Kraken Futures PF_OPUSD−0.0034%1h0.1253+0.074%$749K$652K20xas long as short
Orderly PERP_OP_USDC−0.0029%8h0.1251−0.080%$59K$142K10xas long as short
Variational Omni OP−0.0006%8h0.1251−0.044%$222K$46Kas long as short
dYdX OP-USD0.0000%1h0.1251−0.100%$39K$52210xas long as short
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0004%1h0.1253+0.054%150xas long as short
Coinbase International OP-PERP-INTX+0.0032%1h0.1257+0.399%$24K$64K50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX OP-USD+0.0051%1h0.1253+0.040%$205$6K5xas long as short
Bybit OPUSDT+0.0054%8h0.1253+0.064%$18.4M$25.9M75xas long as short
KuCoin OPUSDTM+0.0081%8h0.12520.000%$2.8M$6.3M75xas long as short
OKX OP-USDT-SWAP+0.0084%8h0.1254+0.152%$6.1M$29.3M50xas long as short
Lighter OP+0.0096%1h0.1253+0.088%$276K$1.1M15xas long as short
Aster OPUSDT+0.0100%8h0.1254+0.143%$207K$218K10xas long as short
Binance OPUSDT+0.0100%8h0.1254+0.143%$19.8M$66.0M75xas long as short
Gate OP_USDTshort+0.0100%8h0.1254+0.128%$2.0M$1.5M50x
MEXC OP_USDT+0.0100%8h0.1254+0.136%$23.1M$7.6M300xas long as short
Bitget OPUSDT+0.0100%8h0.1253+0.080%$5.7M$6.8M75xas long as short
BingX OP-USDT+0.0100%8h0.1253+0.120%$6.6Mas long as short
Backpack OP_USDC_PERP+0.0100%1h0.1253+0.096%$107K$215K10xas long as short
edgeX OPUSDC+0.0100%4h0.1251−0.057%$379K$767K10xas long as short
GRVT OP_USDT_Perp+0.0100%8h0.1253+0.108%$309K$5.4M10xas long as short
ApeX Omni OPUSDT+0.0100%1h0.1253+0.080%$43K$702K50xas long as short
HTX OP-USDT+0.0100%8h0.1251−0.064%$169K$253K50xas long as short
Extended OP-USD+0.0104%1h0.1253+0.063%$100K$506K25xas long as short
Aevo OP-PERPlong+0.0104%1h0.1252long leg$3K$1K3x
BloFin OP-USDT+0.0220%8h0.1253+0.096%$997K$304K75xas long as short
Reya OPRUSDPERP+0.0443%1h0.1252−0.025%$69620xas long as short