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

OP

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.007%
Price spread now: Aevo against edgeX+0.199%7-day average · you sell dearer than you buy
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 fees+ Points / potential airdropedgeX: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.199% dearer against edgeX than usual: you sell high and buy low, +$20 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX OPUSDC0.12470.0100pay 0.0050% / 4h2h 48m$9K$380K10x
ShortAevo OP-PERP0.12500.0104get 0.0013% / 1h48m 48s$4K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against edgeX. 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
$0.84
Price spread: +0.199% → 0.000%
$19.93
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$4.23
Costs to cover
0.250%
Break-even
42.2 days
Slippage unknown: edgeX: live order book, 39 min ago; 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 edgeX live order book, 39 min ago7.99 bp19.3 bp −$1983.0 bp −$830doesn't fitdoesn't fit
Sell Aevo no order-book sample
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−0.1658%1h0.1238−0.723%$34K$58K12xas long as short
GMX OP/USD [OP-USDC]L −0.1066% / S +0.0229%1h0.1249+0.185%$13K100xas long as short
Coinbase International OP-PERP-INTX−0.0328%1h0.1243−0.322%$21K$64K50xas long as short
dYdX OP-USD0.0000%1h0.1250+0.240%$39K$51910xas long as short
Deribit OP_USDC-PERPETUAL0.0000%1h0.1249+0.159%$41K$172K25xas long as short
Variational Omni OP+0.0002%8h0.1243−0.349%$227K$44Kas long as short
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0004%1h0.1249+0.191%150xas long as short
Orderly PERP_OP_USDC+0.0026%8h0.1248+0.079%$6K$51K10xas long as short
OKX OP-USDT-SWAP+0.0095%8h0.1249+0.143%$5.8M$29.4M50xas long as short
Lighter OP+0.0096%1h0.1251+0.304%$267K$899K15xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid OP+0.0100%1h0.1252+0.368%$3.9M$2.9M5xas long as short
Aster OPUSDT+0.0100%8h0.1249+0.180%$210K$243K10xas long as short
Binance OPUSDT+0.0100%8h0.1250+0.250%$20.2M$62.7M75xas long as short
Bybit OPUSDT+0.0100%8h0.1249+0.159%$18.4M$25.3M75xas long as short
Gate OP_USDT+0.0100%8h0.1250+0.207%$1.8M$1.4M50xas long as short
MEXC OP_USDT+0.0100%8h0.1250+0.199%$20.0M$7.2M300xas long as short
KuCoin OPUSDTM+0.0100%8h0.1248+0.079%$2.9M$7.5M75xas long as short
Bitget OPUSDT+0.0100%8h0.1250+0.239%$6.0M$6.2M75xas long as short
BingX OP-USDT+0.0100%8h0.1249+0.135%$6.9Mas long as short
Backpack OP_USDC_PERP+0.0100%1h0.1249+0.167%$127K$189K10xas long as short
edgeX OPUSDClong+0.0100%4h0.1247long leg$9K$380K10x
GRVT OP_USDT_Perp+0.0100%8h0.1243−0.307%$308K$5.1M10xas long as short
ApeX Omni OPUSDT+0.0100%1h0.1244−0.242%$45K$719K50xas long as short
SoDEX OP-USD+0.0100%1h0.1249+0.175%$163$6K5xas long as short
HTX OP-USDT+0.0100%8h0.1249+0.183%$173K$234K50xas long as short
Extended OP-USD+0.0104%1h0.1250+0.211%$100K$186K25xas long as short
Aevo OP-PERPshort+0.0104%1h0.1250+0.199%$4K3x
Kraken Futures PF_OPUSD+0.0137%1h0.1250+0.238%$772K$741K20xas long as short
BloFin OP-USDT+0.0220%8h0.1248+0.087%$992K$294K75xas long as short
Reya OPRUSDPERP+0.0436%1h0.1248+0.105%$69420xas long as short