Funding you earn now, next payment 12:00 UTC+0.0065%/8h= +7.1% APRnext payment +$0.08 per $10,000 · paid last 24h +0.029%
Price spread now: SoDEX against dYdX0.000%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
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX OP-USD | 0.1227 | 0 | get 0.0000% / 1h | 51m 41s | $38K | $522 | 10x |
| Short | SoDEX OP-USD | 0.1227 | 0.0065 | get 0.0008% / 1h | 51m 41s | $187 | $5K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against dYdX. 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
- $13.7
- Price spread: 0.000% → 0.000%
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$4.3
- Costs to cover
- 0.180%
- Break-even
- 9.2 days
Slippage unknown: dYdX: no order-book sample; SoDEX: 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 dYdX no order-book sample | — | — | — | — | — |
| Sell SoDEX no order-book sample | — | — | — | — | — |
dYdX and SoDEX: 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 −0.1164% / S +0.0246% | 1h | 0.1228 | +0.108% | $13K | — | 100x | as long as short |
| Deribit OP_USDC-PERPETUAL | −0.0564% | 1h | 0.1227 | +0.008% | $30K | $112K | 25x | as long as short |
| Hyperliquid OP | −0.0539% | 1h | 0.1225 | −0.130% | $3.9M | $3.9M | 5x | as long as short |
| Binance OPUSDT | −0.0138% | 8h | 0.1225 | −0.139% | $18.9M | $65.5M | 75x | as long as short |
| Extended OP-USD | −0.0136% | 1h | 0.1225 | −0.151% | $98K | $643K | 25x | as long as short |
| MEXC OP_USDT | −0.0134% | 8h | 0.1225 | −0.122% | $21.5M | $7.1M | 300x | as long as short |
| Gate OP_USDT | −0.0084% | 8h | 0.1227 | −0.024% | $1.9M | $1.3M | 50x | as long as short |
| Orderly PERP_OP_USDC | −0.0081% | 8h | 0.1227 | +0.008% | $12K | $231K | 10x | as long as short |
| Coinbase International OP-PERP-INTX | −0.0056% | 1h | 0.1233 | +0.497% | $24K | $68K | 50x | as long as short |
| Kraken Futures PF_OPUSD | −0.0054% | 1h | 0.1229 | +0.133% | $729K | $735K | 20x | as long as short |
Show all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT OP_USDT_Perp | −0.0032% | 8h | 0.1228 | +0.090% | $303K | $5.8M | 10x | as long as short |
| BloFin OP-USDT | −0.0015% | 8h | 0.1228 | +0.073% | $979K | $257K | 75x | as long as short |
| dYdX OP-USDlong | 0.0000% | 1h | 0.1227 | long leg | $38K | $522 | 10x | |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1228 | +0.112% | — | — | 150x | as long as short |
| Injective OP/USDC PERP | +0.0033% | 1h | 0.1231 | +0.334% | $34K | $67K | 12x | as long as short |
| Variational Omni OP | +0.0048% | 8h | 0.1228 | +0.100% | $218K | $45K | — | as long as short |
| Aevo OP-PERP | +0.0048% | 1h | 0.1227 | −0.002% | $3K | $1K | 3x | as long as short |
| KuCoin OPUSDTM | +0.0060% | 8h | 0.1226 | −0.073% | $2.9M | $5.4M | 75x | as long as short |
| SoDEX OP-USDshort | +0.0065% | 1h | 0.1227 | 0.000% | $187 | $5K | 5x | |
| Lighter OP | +0.0096% | 1h | 0.1226 | −0.098% | $252K | $1.1M | 15x | as long as short |
| Aster OPUSDT | +0.0100% | 8h | 0.1226 | −0.055% | $203K | $211K | 10x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1225 | −0.139% | $17.7M | $24.3M | 75x | as long as short |
| OKX OP-USDT-SWAP | +0.0100% | 8h | 0.1225 | −0.147% | $5.9M | $26.6M | 50x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1225 | −0.155% | $5.7M | $6.7M | 75x | as long as short |
| BingX OP-USDC | +0.0100% | 8h | 0.1227 | +0.008% | — | $1.6M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1227 | −0.024% | $111K | $215K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1228 | +0.050% | $4K | $1.1M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1228 | +0.090% | $42K | $686K | 50x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1227 | +0.049% | $167K | $263K | 50x | as long as short |
| Reya OPRUSDPERP | +0.0447% | 1h | 0.1227 | +0.023% | $682 | — | 20x | as long as short |
SoDEX OP-USD
GMX OP/USD [OP-USDC]
Deribit OP_USDC-PERPETUAL
Hyperliquid OP
Binance OPUSDT
Extended OP-USD
MEXC OP_USDT
Gate OP_USDT
Coinbase International OP-PERP-INTX
Kraken Futures PF_OPUSD
GRVT OP_USDT_Perp
BloFin OP-USDT
gTrade (Gains Network) OP/USD
Injective OP/USDC PERP
Variational Omni OP
KuCoin OPUSDTM
Lighter OP
Aster OPUSDT
Bybit OPUSDT
OKX OP-USDT-SWAP
Bitget OPUSDT
BingX OP-USDC
Backpack OP_USDC_PERP
edgeX OPUSDC
ApeX Omni OPUSDT
HTX OP-USDT