Funding you earn now, next payment 00:00 UTC−0.0120%/8h= −13.1% APRpaid last 24h +0.010%
Price spread now: edgeX against BloFin−0.089%7-day average −0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$550.552% of the position
Funding, last 7 days−0.137%−$14 on $10k
+Price spread, last 3 days (all we have)−0.090%−$9 · spread now −0.089%, 7d avg −0.066%
=Together, before fees−0.227%+ Points / potential airdropedgeX: Active · farm board−$23 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and edgeX is 0.023% cheaper against BloFin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.066%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin OP-USDT | 0.1280 | 0.0220 | pay 0.0220% / 8h | 1h 10m | $1.0M | $299K | 75x |
| Short | edgeX OPUSDC | 0.1279 | 0.0100 | get 0.0050% / 4h | 1h 10m | $9K | $382K | 10x |
BloFin OP-USDT
edgeX OPUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against BloFin. 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
- −$25.2
- Price spread: −0.089% → −0.066%
- −$2.31
- Slippage, 4 orders
- −$34.17
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$82.68
- Costs to cover
- 0.552%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 1 min ago; edgeX: live order book, 8 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 BloFin live order book, 1 min ago | 0.39 bp | 9.4 bp −$9 | 14.4 bp −$144 | 49.2 bp −$4,925 | doesn't fit |
| Sell edgeX live order book, 8 min ago | 7.81 bp | 18.9 bp −$19 | 143.8 bp −$1,438 | 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 | −0.1710% | 1h | 0.1274 | −0.508% | $35K | $58K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1281 | +0.057% | $13K | — | 100x | as long as short |
| Coinbase International OP-PERP-INTX | −0.0360% | 1h | 0.1280 | −0.039% | $21K | $65K | 50x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1280 | −0.031% | $40K | $519 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1281 | +0.039% | $42K | $171K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1281 | +0.051% | — | — | 150x | as long as short |
| Variational Omni OP | +0.0060% | 8h | 0.1280 | −0.071% | $233K | $53K | — | as long as short |
| Orderly PERP_OP_USDC | +0.0063% | 8h | 0.1281 | +0.039% | $6K | $49K | 10x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1280 | −0.016% | $290K | $923K | 15x | as long as short |
| Hyperliquid OP | +0.0100% | 1h | 0.1282 | +0.086% | $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
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 | 0.1281 | +0.026% | $214K | $241K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1279 | −0.084% | $20.8M | $61.8M | 75x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1278 | −0.156% | $18.8M | $25.4M | 75x | as long as short |
| OKX OP-USDT-SWAP | +0.0100% | 8h | 0.1278 | −0.180% | $6.0M | $30.2M | 50x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1280 | −0.039% | $2.0M | $1.5M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1279 | −0.133% | $20.3M | $7.2M | 300x | as long as short |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1279 | −0.117% | $2.9M | $7.5M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1280 | −0.039% | $6.1M | $6.3M | 75x | as long as short |
| BingX OP-USDT | +0.0100% | 8h | 0.1279 | −0.117% | — | $6.8M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1280 | −0.031% | $125K | $192K | 10x | as long as short |
| edgeX OPUSDCshort | +0.0100% | 4h | 0.1279 | −0.089% | $9K | $382K | 10x | |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1279 | −0.085% | $320K | $5.1M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1280 | −0.039% | $46K | $722K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1280 | −0.070% | $174 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1282 | +0.094% | $177K | $232K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1278 | −0.167% | $102K | $186K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1281 | +0.070% | $4K | — | 3x | as long as short |
| BloFin OP-USDTlong | +0.0220% | 8h | 0.1280 | long leg | $1.0M | $299K | 75x | |
| Kraken Futures PF_OPUSD | +0.0225% | 1h | 0.1281 | +0.076% | $801K | $745K | 20x | as long as short |
| Reya OPRUSDPERP | +0.0437% | 1h | 0.1281 | +0.031% | $712 | — | 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
BingX OP-USDT
Backpack OP_USDC_PERP
GRVT OP_USDT_Perp
ApeX Omni OPUSDT
SoDEX OP-USD
HTX OP-USDT
Extended OP-USD
Aevo OP-PERP
Kraken Futures PF_OPUSD
Reya OPRUSDPERP