OP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0356%/8h= +39.0% APRnext payment +$0.44 per $10,000 · paid last 24h +0.114%

Price spread now: gTrade (Gains Network) against Coinbase International+0.140%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and gTrade (Gains Network) is 0.140% dearer against Coinbase International than usual: you sell high and buy low: +$14 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	Coinbase International OP-PERP-INTX	0.1262	−0.0352	get 0.0044% / 1h	38m 56s	$21K	$64K	50x
Short	gTrade (Gains Network) OP/USD	0.1264	L +0.0004% / S −0.0004%	get 0.0000% / 1h	38m 56s	—	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Coinbase International. 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

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.140%Rate

Funding earned: $74.75
Price spread: +0.140% → 0.000%: $14.03
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: $68.77
Costs to cover: 0.200%
Break-even: 0.6 days

Slippage unknown: Coinbase International: no order-book sample; gTrade (Gains Network): 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 Coinbase International no order-book sample	—	—	—	—	—
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

Coinbase International and gTrade (Gains Network): 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 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	0.1258	−0.317%	$35K	$58K	12x	as long as short
GMX OP/USD [OP-USDC]	L −0.1065% / S +0.0229%	1h	0.1263	+0.102%	$13K	—	100x	as long as short
Deribit OP_USDC-PERPETUAL	−0.0542%	1h	0.1262	0.000%	$42K	$171K	25x	as long as short
Coinbase International OP-PERP-INTXlong	−0.0352%	1h	0.1262	long leg	$21K	$64K	50x
Bybit OPUSDT	−0.0095%	8h	0.1261	−0.071%	$18.3M	$26.0M	75x	as long as short
dYdX OP-USD	0.0000%	1h	0.1265	+0.238%	$39K	$519	10x	as long as short
gTrade (Gains Network) OP/USDshort	L +0.0004% / S −0.0004%	1h	0.1264	+0.140%	—	—	150x
Variational Omni OP	+0.0049%	8h	0.1263	+0.040%	$230K	$47K	—	as long as short
Orderly PERP_OP_USDC	+0.0056%	8h	0.1263	+0.079%	$6K	$49K	10x	as long as short
Lighter OP	+0.0096%	1h	0.1263	+0.095%	$283K	$948K	15x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid OP	+0.0100%	1h	0.1263	+0.095%	$4.0M	$2.9M	5x	as long as short
Aster OPUSDT	+0.0100%	8h	0.1263	+0.112%	$211K	$236K	10x	as long as short
Binance OPUSDT	+0.0100%	8h	0.1262	+0.012%	$20.4M	$62.0M	75x	as long as short
OKX OP-USDT-SWAP	+0.0100%	8h	0.1261	−0.087%	$6.1M	$29.9M	50x	as long as short
Gate OP_USDT	+0.0100%	8h	0.1263	+0.103%	$1.9M	$1.5M	50x	as long as short
MEXC OP_USDT	+0.0100%	8h	0.1262	+0.016%	$20.1M	$7.3M	300x	as long as short
KuCoin OPUSDTM	+0.0100%	8h	0.1262	0.000%	$2.9M	$7.2M	75x	as long as short
Bitget OPUSDT	+0.0100%	8h	0.1263	+0.079%	$6.0M	$6.4M	75x	as long as short
BingX OP-USDT	+0.0100%	8h	0.1262	0.000%	—	$6.8M	—	as long as short
Backpack OP_USDC_PERP	+0.0100%	1h	0.1262	+0.008%	$121K	$189K	10x	as long as short
edgeX OPUSDC	+0.0100%	4h	0.1264	+0.134%	$4K	$390K	10x	as long as short
GRVT OP_USDT_Perp	+0.0100%	8h	0.1266	+0.302%	$311K	$4.9M	10x	as long as short
ApeX Omni OPUSDT	+0.0100%	1h	0.1264	+0.158%	$43K	$724K	50x	as long as short
SoDEX OP-USD	+0.0100%	1h	0.1262	−0.008%	$184	$6K	5x	as long as short
HTX OP-USDT	+0.0100%	8h	0.1263	+0.111%	$174K	$234K	50x	as long as short
Extended OP-USD	+0.0104%	1h	0.1262	−0.021%	$102K	$343K	25x	as long as short
Aevo OP-PERP	+0.0104%	1h	0.1263	+0.059%	$3K	$1K	3x	as long as short
BloFin OP-USDT	+0.0220%	8h	0.1262	+0.008%	$1.0M	$270K	75x	as long as short
Kraken Futures PF_OPUSD	+0.0384%	1h	0.1264	+0.123%	$797K	$754K	20x	as long as short
Reya OPRUSDPERP	+0.0438%	1h	0.1262	+0.033%	$702	—	20x	as long as short