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

OP

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.023%
Price spread now: Aevo against dYdX−0.172%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Aevo is 0.172% cheaper against dYdX than usual: you would sell low and buy high (spread −0.172% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 5.5 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX OP-USD0.12630get 0.0000% / 1h43m 31s$39K$51910x
ShortAevo OP-PERP0.12600.0104get 0.0013% / 1h43m 31s$4K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against dYdX. 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
$21.84
Price spread: −0.172% → 0.000%
−$17.19
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$21.35
Costs to cover
0.260%
Break-even
13.8 days
Slippage unknown: dYdX: no order-book sample; Aevo: 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
LegHalf-spread$10k$100k$1M$5M
Buy dYdX no order-book sample
Sell Aevo no order-book sample
dYdX and Aevo: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective OP/USDC PERP−0.1710%1h0.1251−0.919%$34K$58K12xas long as short
GMX OP/USD [OP-USDC]L −0.1065% / S +0.0229%1h0.1259−0.249%$13K100xas long as short
Coinbase International OP-PERP-INTX−0.0360%1h0.1253−0.760%$21K$64K50xas long as short
dYdX OP-USDlong0.0000%1h0.1263long leg$39K$51910x
Deribit OP_USDC-PERPETUAL0.0000%1h0.1260−0.206%$42K$171K25xas long as short
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0004%1h0.1260−0.223%150xas long as short
Variational Omni OP+0.0042%8h0.1254−0.671%$233K$48Kas long as short
Orderly PERP_OP_USDC+0.0054%8h0.1261−0.127%$6K$49K10xas long as short
Lighter OP+0.0096%1h0.1262−0.032%$275K$904K15xas long as short
Hyperliquid OP+0.0100%1h0.1263+0.024%$4.1M$2.9M5xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster OPUSDT+0.0100%8h0.1262−0.046%$211K$241K10xas long as short
Binance OPUSDT+0.0100%8h0.1262−0.032%$20.5M$62.3M75xas long as short
Bybit OPUSDT+0.0100%8h0.1261−0.095%$18.4M$25.2M75xas long as short
OKX OP-USDT-SWAP+0.0100%8h0.1262−0.079%$5.9M$29.7M50xas long as short
Gate OP_USDT+0.0100%8h0.1261−0.127%$1.8M$1.5M50xas long as short
MEXC OP_USDT+0.0100%8h0.1262−0.040%$20.0M$7.0M300xas long as short
KuCoin OPUSDTM+0.0100%8h0.1261−0.127%$2.9M$7.5M75xas long as short
Bitget OPUSDT+0.0100%8h0.1262−0.048%$6.0M$6.2M75xas long as short
BingX OP-USDC+0.0100%8h0.1262−0.048%$1.6Mas long as short
Backpack OP_USDC_PERP+0.0100%1h0.1261−0.143%$125K$190K10xas long as short
edgeX OPUSDC+0.0100%4h0.1258−0.374%$9K$382K10xas long as short
GRVT OP_USDT_Perp+0.0100%8h0.1258−0.384%$314K$5.1M10xas long as short
ApeX Omni OPUSDT+0.0100%1h0.1259−0.285%$45K$723K50xas long as short
SoDEX OP-USD+0.0100%1h0.1260−0.222%$184$6K5xas long as short
HTX OP-USDT+0.0100%8h0.1260−0.166%$174K$232K50xas long as short
Extended OP-USD+0.0104%1h0.1262−0.083%$101K$186K25xas long as short
Aevo OP-PERPshort+0.0104%1h0.1260−0.172%$4K3x
BloFin OP-USDT+0.0220%8h0.1258−0.348%$1.0M$281K75xas long as short
Kraken Futures PF_OPUSD+0.0228%1h0.1261−0.122%$787K$740K20xas long as short
Reya OPRUSDPERP+0.0437%1h0.1259−0.265%$70020xas long as short