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

OP

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against BingX0.000%7-day average · you sell dearer than you buy
Net, funding: paid 7d − costs−$248as in the Funding arb table
Net, price: spread back to 7d avg − costs−$248as in the Price arb table
costs, in and out, $10k−$2482.480% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX OP-USDC0.12620.0100pay 0.0100% / 8h6h 11m$1.6M
ShortBitget OPUSDT0.12620.0100get 0.0100% / 8h6h 11m$5.9M$6.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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: 0.000% → 0.000%
$0
Slippage, 4 orders
−$226.01
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$248.01
Costs to cover
2.480%
Break-even
never at this rate
Slippage from BingX: live order book, 5 min ago; Bitget: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 5 min ago7.94 bp101.6 bp −$102877.2 bp −$8,7721147.8 bp −$114.8Kdoesn't fit
Sell Bitget live order book, 2 min ago3.97 bp15.8 bp −$1631.9 bp −$319103.9 bp −$10.4Kdoesn't fit

OP on 29 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−0.1535%1h0.1255−0.555%$35K$58K12xas long as short
GMX OP/USD [OP-USDC]L −0.1065% / S +0.0229%1h0.1262+0.018%$13K100xas long as short
Coinbase International OP-PERP-INTX−0.0184%1h0.1279+1.347%$25K$75K50xas long as short
dYdX OP-USD0.0000%1h0.1263+0.059%$39K$51910xas long as short
Deribit OP_USDC-PERPETUAL0.0000%1h0.1263+0.079%$42K$151K25xas long as short
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0004%1h0.1263+0.053%150xas long as short
Orderly PERP_OP_USDC+0.0054%8h0.12620.000%$6K$47K10xas long as short
Variational Omni OP+0.0054%8h0.1259−0.244%$224K$49Kas long as short
OKX OP-USDT-SWAP+0.0070%8h0.1263+0.063%$6.1M$29.7M50xas long as short
Lighter OP+0.0096%1h0.1264+0.174%$281K$949K15xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid OP+0.0100%1h0.1262+0.024%$3.7M$3.0M5xas long as short
Aster OPUSDT+0.0100%8h0.1262+0.031%$211K$229K10xas long as short
Binance OPUSDT+0.0100%8h0.1263+0.103%$20.3M$61.9M75xas long as short
Bybit OPUSDT+0.0100%8h0.1263+0.063%$18.3M$25.9M75xas long as short
Gate OP_USDT+0.0100%8h0.1263+0.055%$1.9M$1.6M50xas long as short
MEXC OP_USDT+0.0100%8h0.1263+0.087%$20.7M$7.5M300xas long as short
KuCoin OPUSDTM+0.0100%8h0.12620.000%$2.9M$6.9M75xas long as short
Bitget OPUSDTshort+0.0100%8h0.12620.000%$5.9M$6.6M75x
BingX OP-USDClong+0.0100%8h0.1262long leg$1.6M
Backpack OP_USDC_PERP+0.0100%1h0.1262−0.016%$124K$202K10xas long as short
edgeX OPUSDC+0.0100%4h0.1260−0.134%$4K$390K10xas long as short
GRVT OP_USDT_Perp+0.0100%8h0.1260−0.159%$310K$5.2M10xas long as short
ApeX Omni OPUSDT+0.0100%1h0.1260−0.158%$43K$706K50xas long as short
SoDEX OP-USD+0.0100%1h0.1263+0.063%$175$6K5xas long as short
HTX OP-USDT+0.0100%8h0.1264+0.190%$174K$223K50xas long as short
Extended OP-USD+0.0104%1h0.1263+0.042%$104K$393K25xas long as short
Aevo OP-PERP+0.0104%1h0.1263+0.079%$3K$1K3xas long as short
Reya OPRUSDPERP+0.0439%1h0.1261−0.059%$70120xas long as short
Kraken Futures PF_OPUSD+0.0461%1h0.1264+0.179%$798K$588K20xas long as short