Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against BingX+0.039%83s7-day average +0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$500.496% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 3 days (all we have)+0.147%+$15 · spread now +0.039%, 7d avg +0.082%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.043% cheaper against BingX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.082%. The two prices were read 83 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 | BingX OP-USDT | 0.1273 | 0.0100 | pay 0.0100% / 8h | 8m 04s | — | $6.8M | — |
| Short | ApeX Omni OPUSDT | 0.1274 | 0.0100 | get 0.0013% / 1h | 8m 04s | $46K | $720K | 50x |
BingX OP-USDT
ApeX Omni OPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against BingX. 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
- Price spread: +0.039% → +0.082%
- −$4.26
- Slippage, 4 orders
- −$29.63
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$53.89
- Costs to cover
- 0.496%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; ApeX Omni: live order book, 6 min ago.
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 BingX live order book, 4 min ago | 0.39 bp | 9.0 bp −$9 | 13.7 bp −$137 | 59.0 bp −$5,905 | 397.9 bp −$198.9K |
| Sell ApeX Omni live order book, 6 min ago | 7.86 bp | 16.1 bp −$16 | 107.9 bp −$1,079 | 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 | −0.1633% | 1h | 0.1266 | −0.589% | $35K | $58K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1274 | +0.075% | $13K | — | 100x | as long as short |
| Coinbase International OP-PERP-INTX | −0.0344% | 1h | 0.1270 | −0.275% | $21K | $65K | 50x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1275 | +0.087% | $39K | $519 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1275 | +0.118% | $42K | $171K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1275 | +0.101% | — | — | 150x | as long as short |
| Orderly PERP_OP_USDC | +0.0060% | 8h | 0.1274 | +0.039% | $6K | $49K | 10x | as long as short |
| Variational Omni OP | +0.0063% | 8h | 0.1270 | −0.262% | $232K | $47K | — | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1275 | +0.126% | $290K | $963K | 15x | as long as short |
| Hyperliquid OP | +0.0100% | 1h | 0.1275 | +0.110% | $4.1M | $2.9M | 5x | 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
Variational Omni OP
Lighter OP
Hyperliquid OPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster OPUSDT | +0.0100% | 8h | 0.1275 | +0.113% | $213K | $241K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1274 | +0.012% | $20.6M | $61.9M | 75x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1273 | −0.016% | $18.4M | $25.9M | 75x | as long as short |
| OKX OP-USDT-SWAP | +0.0100% | 8h | 0.1273 | 0.000% | $6.0M | $30.3M | 50x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1275 | +0.110% | $2.0M | $1.6M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1274 | +0.039% | $20.1M | $7.3M | 300x | as long as short |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1274 | +0.039% | $2.9M | $7.3M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1274 | +0.039% | $6.1M | $6.3M | 75x | as long as short |
| BingX OP-USDTlong | +0.0100% | 8h | 0.1273 | long leg | — | $6.8M | — | |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1273 | −0.031% | $123K | $188K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1273 | −0.028% | $11K | $382K | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1271 | −0.196% | $312K | $4.8M | 10x | as long as short |
| ApeX Omni OPUSDTshort | +0.0100% | 1h | 0.1274 | +0.039% | $46K | $720K | 50x | |
| SoDEX OP-USD | +0.0100% | 1h | 0.1274 | +0.039% | $184 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1275 | +0.079% | $176K | $234K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1274 | +0.024% | $102K | $186K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1274 | +0.039% | $4K | — | 3x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1272 | −0.086% | $1.0M | $279K | 75x | as long as short |
| Kraken Futures PF_OPUSD | +0.0358% | 1h | 0.1276 | +0.163% | $802K | $749K | 20x | as long as short |
| Reya OPRUSDPERP | +0.0438% | 1h | 0.1274 | +0.030% | $708 | — | 20x | as long as short |
Aster OPUSDT
Binance OPUSDT
Bybit OPUSDT
OKX OP-USDT-SWAP
Gate OP_USDT
MEXC OP_USDT
KuCoin OPUSDTM
Bitget OPUSDT
Backpack OP_USDC_PERP
edgeX OPUSDC
GRVT OP_USDT_Perp
SoDEX OP-USD
HTX OP-USDT
Extended OP-USD
Aevo OP-PERP
BloFin OP-USDT
Kraken Futures PF_OPUSD
Reya OPRUSDPERP