OP

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.08 per $10,000 · paid last 24h −0.125%

Price spread now: Coinbase International against ApeX Omni+0.079%75s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on ApeX Omni Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.325%−$33 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Coinbase International is 0.079% dearer against ApeX Omni than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.325%, so the current rate has only just turned in your favour. The two prices were read 75 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	ApeX Omni OPUSDT	0.1261	0.0100	pay 0.0013% / 1h	27m 34s	$43K	$710K	50x
Short	Coinbase International OP-PERP-INTX	0.1262	0.0168	get 0.0021% / 1h	27m 34s	$24K	$63K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against ApeX Omni. 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee Coinbase InternationalbpOrdersPrice spread, now +0.079%Rate

Funding earned: $14.28
Price spread: +0.079% → 0.000%: $7.93
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $2.21
Costs to cover: 0.200%
Break-even: 5.9 days

Slippage unknown: ApeX Omni: live order book, 31 min ago; Coinbase International: no order-book sample. 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 ApeX Omni live order book, 31 min ago	11.88 bp	20.8 bp −$21	112.7 bp −$1,127	doesn't fit	doesn't fit
Sell Coinbase International no order-book sample	—	—	—	—	—

Coinbase International: 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	−0.1607%	1h	0.1268	+0.555%	$35K	$58K	12x	as long as short
GMX OP/USD [OP-USDC]	L −0.1065% / S +0.0229%	1h	0.1271	+0.772%	$13K	—	100x	as long as short
dYdX OP-USD	0.0000%	1h	0.1270	+0.704%	$39K	$519	10x	as long as short
Deribit OP_USDC-PERPETUAL	0.0000%	1h	0.1270	+0.714%	$42K	$140K	25x	as long as short
gTrade (Gains Network) OP/USD	L +0.0004% / S −0.0004%	1h	0.1271	+0.768%	—	—	150x	as long as short
OKX OP-USDT-SWAP	+0.0044%	8h	0.1270	+0.690%	$6.2M	$28.7M	50x	as long as short
Variational Omni OP	+0.0053%	8h	0.1271	+0.756%	$225K	$48K	—	as long as short
Orderly PERP_OP_USDC	+0.0054%	8h	0.1270	+0.714%	$6K	$45K	10x	as long as short
Lighter OP	+0.0096%	1h	0.1271	+0.761%	$279K	$941K	15x	as long as short
Hyperliquid OP	+0.0100%	1h	0.1271	+0.769%	$3.7M	$2.8M	5x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster OPUSDT	+0.0100%	8h	0.1270	+0.683%	$212K	$219K	10x	as long as short
Binance OPUSDT	+0.0100%	8h	0.1270	+0.730%	$20.5M	$60.2M	75x	as long as short
Bybit OPUSDT	+0.0100%	8h	0.1269	+0.650%	$18.6M	$24.9M	75x	as long as short
Gate OP_USDT	+0.0100%	8h	0.1271	+0.793%	$2.0M	$1.4M	50x	as long as short
MEXC OP_USDT	+0.0100%	8h	0.1270	+0.714%	$21.5M	$7.2M	300x	as long as short
KuCoin OPUSDTM	+0.0100%	8h	0.1269	+0.634%	$2.9M	$6.5M	75x	as long as short
Bitget OPUSDT	+0.0100%	8h	0.1270	+0.714%	$5.9M	$6.4M	75x	as long as short
BingX OP-USDC	+0.0100%	8h	0.1270	+0.714%	—	$1.6M	—	as long as short
Backpack OP_USDC_PERP	+0.0100%	1h	0.1268	+0.579%	$125K	$200K	10x	as long as short
edgeX OPUSDC	+0.0100%	4h	0.1270	+0.742%	$4K	$389K	10x	as long as short
GRVT OP_USDT_Perp	+0.0100%	8h	0.1271	+0.797%	$318K	$5.1M	10x	as long as short
ApeX Omni OPUSDTlong	+0.0100%	1h	0.1261	long leg	$43K	$710K	50x
SoDEX OP-USD	+0.0100%	1h	0.1269	+0.642%	$206	$6K	5x	as long as short
HTX OP-USDT	+0.0100%	8h	0.1273	+0.912%	$175K	$226K	50x	as long as short
Extended OP-USD	+0.0104%	1h	0.1269	+0.647%	$104K	$394K	25x	as long as short
Aevo OP-PERP	+0.0104%	1h	0.1269	+0.650%	$3K	$1K	3x	as long as short
Coinbase International OP-PERP-INTXshort	+0.0168%	1h	0.1262	+0.079%	$24K	$63K	50x
BloFin OP-USDT	+0.0220%	8h	0.1273	+0.960%	$1.0M	$280K	75x	as long as short
Kraken Futures PF_OPUSD	+0.0347%	1h	0.1270	+0.714%	$791K	$547K	20x	as long as short
Reya OPRUSDPERP	+0.0441%	1h	0.1272	+0.893%	$707	—	20x	as long as short