Funding you earn now, next payment 11:00 UTC+0.0410%/8h= +44.9% APRpaid last 24h +0.082%
Price spread now: Reya against BloFin+0.042%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Reya is 0.042% dearer against BloFin than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin OP-USDT | 0.1227 | 0.0036 | pay 0.0036% / 8h | 5h 30m | $980K | $279K | 75x |
| Short | Reya OPRUSDPERP | 0.1228 | 0.0447 | get 0.0056% / 1h | 30m 30s | $683 | — | 20x |
BloFin OP-USDT
Reya OPRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- $86.2
- Price spread: +0.042% → 0.000%
- $4.21
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $72.41
- Costs to cover
- 0.180%
- Break-even
- 1.1 days
Slippage unknown: BloFin: live order book, 15 min ago; Reya: 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 BloFin live order book, 15 min ago | 0.81 bp | 6.8 bp −$7 | 21.6 bp −$216 | 62.9 bp −$6,289 | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| GMX OP/USD [OP-USDC] | L −0.0886% / S +0.0200% | 1h | 0.1229 | +0.120% | $13K | — | 100x | as long as short |
| Deribit OP_USDC-PERPETUAL | −0.0564% | 1h | 0.1228 | +0.065% | $30K | $113K | 25x | as long as short |
| Hyperliquid OP | −0.0526% | 1h | 0.1230 | +0.196% | $3.8M | $3.9M | 5x | as long as short |
| Binance OPUSDT | −0.0083% | 8h | 0.1229 | +0.179% | $18.9M | $66.3M | 75x | as long as short |
| MEXC OP_USDT | −0.0083% | 8h | 0.1230 | +0.196% | $21.6M | $7.4M | 300x | as long as short |
| Extended OP-USD | −0.0080% | 1h | 0.1228 | +0.080% | $98K | $580K | 25x | as long as short |
| Orderly PERP_OP_USDC | −0.0069% | 8h | 0.1228 | +0.065% | $12K | $231K | 10x | as long as short |
| Coinbase International OP-PERP-INTX | −0.0048% | 1h | 0.1229 | +0.147% | $24K | $68K | 50x | as long as short |
| Gate OP_USDT | −0.0040% | 8h | 0.1230 | +0.212% | $1.9M | $1.4M | 50x | as long as short |
| GRVT OP_USDT_Perp | −0.0020% | 8h | 0.1224 | −0.289% | $303K | $5.8M | 10x | as long as short |
GMX OP/USD [OP-USDC]
Deribit OP_USDC-PERPETUAL
Hyperliquid OP
Binance OPUSDT
MEXC OP_USDT
Extended OP-USD
Orderly PERP_OP_USDC
Coinbase International OP-PERP-INTX
Gate OP_USDT
GRVT OP_USDT_PerpShow all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX OP-USD | 0.0000% | 1h | 0.1230 | +0.220% | $38K | $522 | 10x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1228 | +0.042% | — | — | 150x | as long as short |
| Injective OP/USDC PERP | +0.0033% | 1h | 0.1257 | +2.428% | $35K | $67K | 12x | as long as short |
| BloFin OP-USDTlong | +0.0036% | 8h | 0.1227 | long leg | $980K | $279K | 75x | |
| SoDEX OP-USD | +0.0042% | 1h | 0.1228 | +0.098% | $195 | $5K | 5x | as long as short |
| Aevo OP-PERP | +0.0064% | 1h | 0.1227 | +0.024% | $3K | $1K | 3x | as long as short |
| Variational Omni OP | +0.0064% | 8h | 0.1228 | +0.038% | $218K | $46K | — | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1229 | +0.163% | $264K | $1.1M | 15x | as long as short |
| Aster OPUSDT | +0.0100% | 8h | 0.1229 | +0.116% | $203K | $211K | 10x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1229 | +0.171% | $17.7M | $24.6M | 75x | as long as short |
| OKX OP-USDT-SWAP | +0.0100% | 8h | 0.1230 | +0.196% | $5.9M | $27.5M | 50x | as long as short |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1229 | +0.147% | $2.8M | $5.5M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1230 | +0.228% | $5.7M | $6.8M | 75x | as long as short |
| BingX OP-USDT | +0.0100% | 8h | 0.1229 | +0.155% | — | $6.4M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1228 | +0.057% | $106K | $204K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1224 | −0.236% | $4K | $1.1M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1230 | +0.228% | $43K | $686K | 50x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1227 | +0.008% | $166K | $262K | 50x | as long as short |
| Kraken Futures PF_OPUSD | +0.0157% | 1h | 0.1230 | +0.219% | $731K | $736K | 20x | as long as short |
| Reya OPRUSDPERPshort | +0.0447% | 1h | 0.1228 | +0.042% | $683 | — | 20x |
dYdX OP-USD
gTrade (Gains Network) OP/USD
Injective OP/USDC PERP
SoDEX OP-USD
Aevo OP-PERP
Variational Omni OP
Lighter OP
Aster OPUSDT
Bybit OPUSDT
OKX OP-USDT-SWAP
KuCoin OPUSDTM
Bitget OPUSDT
BingX OP-USDT
Backpack OP_USDC_PERP
edgeX OPUSDC
ApeX Omni OPUSDT
HTX OP-USDT
Kraken Futures PF_OPUSD