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: HTX against Bitget−0.605%46s7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as 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−$760.757% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 3 days (all we have)+0.818%+$82 · spread now −0.605%, 7d avg +0.016%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.621% cheaper against Bitget than usual: you would sell low and buy high, −$62 on $10k if it goes back to its 7-day average of +0.016%. The two prices were read 46 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 | Bitget OPUSDT | 0.1273 | 0.0100 | pay 0.0100% / 8h | 7h 16m | $6.0M | $6.4M | 75x |
| Short | HTX OP-USDT | 0.1265 | 0.0100 | get 0.0100% / 8h | 7h 16m | $175K | $234K | 50x |
Bitget OPUSDT
HTX OP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Bitget. 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: −0.605% → +0.016%
- −$62.11
- Slippage, 4 orders
- −$51.68
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$137.78
- Costs to cover
- 0.757%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; HTX: live order book, 55 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 Bitget live order book, 2 min ago | 3.95 bp | 10.0 bp −$10 | 22.2 bp −$222 | 88.6 bp −$8,859 | doesn't fit |
| Sell HTX live order book, 55 min ago | 7.85 bp | 31.2 bp −$31 | doesn't fit | 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 | −0.1656% | 1h | 0.1256 | −1.335% | $35K | $58K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1273 | +0.003% | $13K | — | 100x | as long as short |
| Coinbase International OP-PERP-INTX | −0.0352% | 1h | 0.1265 | −0.628% | $21K | $65K | 50x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1269 | −0.329% | $39K | $519 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1265 | −0.628% | $42K | $167K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1273 | −0.020% | — | — | 150x | as long as short |
| Variational Omni OP | +0.0045% | 8h | 0.1261 | −0.932% | $230K | $47K | — | as long as short |
| Orderly PERP_OP_USDC | +0.0058% | 8h | 0.1273 | 0.000% | $6K | $48K | 10x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1270 | −0.236% | $284K | $950K | 15x | as long as short |
| Hyperliquid OP | +0.0100% | 1h | 0.1274 | +0.086% | $4.0M | $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
Variational Omni OP
Orderly PERP_OP_USDC
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 | 0.1271 | −0.183% | $212K | $236K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1273 | +0.024% | $20.5M | $61.9M | 75x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1273 | −0.039% | $18.4M | $26.0M | 75x | as long as short |
| OKX OP-USDT-SWAP | +0.0100% | 8h | 0.1273 | −0.039% | $6.2M | $30.2M | 50x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1273 | +0.016% | $2.0M | $1.6M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1273 | 0.000% | $20.2M | $7.4M | 300x | as long as short |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1272 | −0.079% | $2.9M | $7.1M | 75x | as long as short |
| Bitget OPUSDTlong | +0.0100% | 8h | 0.1273 | long leg | $6.0M | $6.4M | 75x | |
| BingX OP-USDC | +0.0100% | 8h | 0.1273 | 0.000% | — | $1.6M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1265 | −0.628% | $122K | $188K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1262 | −0.900% | $4K | $391K | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1261 | −0.916% | $305K | $5.0M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1262 | −0.864% | $43K | $725K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1265 | −0.668% | $173 | $6K | 5x | as long as short |
| HTX OP-USDTshort | +0.0100% | 8h | 0.1265 | −0.605% | $175K | $234K | 50x | |
| Extended OP-USD | +0.0104% | 1h | 0.1270 | −0.256% | $106K | $389K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1274 | +0.057% | $3K | $1K | 3x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1265 | −0.597% | $1.0M | $276K | 75x | as long as short |
| Kraken Futures PF_OPUSD | +0.0384% | 1h | 0.1265 | −0.608% | $799K | $756K | 20x | as long as short |
| Reya OPRUSDPERP | +0.0439% | 1h | 0.1272 | −0.071% | $707 | — | 20x | as long as short |
Aster OPUSDT
Binance OPUSDT
Bybit OPUSDT
OKX OP-USDT-SWAP
Gate OP_USDT
MEXC OP_USDT
KuCoin OPUSDTM
BingX OP-USDC
Backpack OP_USDC_PERP
edgeX OPUSDC
GRVT OP_USDT_Perp
ApeX Omni OPUSDT
SoDEX OP-USD
Extended OP-USD
Aevo OP-PERP
BloFin OP-USDT
Kraken Futures PF_OPUSD
Reya OPRUSDPERP