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

OP

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against edgeX+0.139%7-day average +0.091% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$650.645% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.004%$0 on $10k
Price spread, last 4 days (all we have)−0.118%−$12 · spread now +0.139%, 7d avg +0.091%
Together, before fees−0.121%+ Points / potential airdropedgeX: Active · farm board−$12 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.049% dearer against edgeX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.091%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX OPUSDC0.12450.0100pay 0.0050% / 4h2h 21m$377K$766K10x
ShortApeX Omni OPUSDT0.12470.0100get 0.0013% / 1h21m 47s$43K$705K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni 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
Price spread: +0.139% → +0.091%
$4.88
Slippage, 4 orders
−$45.52
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$59.64
Costs to cover
0.645%
Break-even
never at this rate
Slippage from edgeX: live order book, 27 min ago; ApeX Omni: live order book, 27 min ago.

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, 27 min ago3.92 bp11.3 bp −$11125.7 bp −$1,257doesn't fitdoesn't fit
Sell ApeX Omni live order book, 27 min ago11.77 bp21.0 bp −$21114.0 bp −$1,140doesn't fitdoesn't fit

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−0.1583%1h0.1236−0.744%$34K$59K12xas long as short
GMX OP/USD [OP-USDC]L −0.1065% / S +0.0229%1h0.1247+0.148%$13K100xas long as short
dYdX OP-USD0.0000%1h0.1245−0.061%$38K$53210xas long as short
Deribit OP_USDC-PERPETUAL0.0000%1h0.1248+0.220%$40K$139K25xas long as short
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0004%1h0.1247+0.139%150xas long as short
Orderly PERP_OP_USDC+0.0012%8h0.1246+0.059%$59K$142K10xas long as short
Variational Omni OP+0.0023%8h0.1243−0.210%$220K$45Kas long as short
Kraken Futures PF_OPUSD+0.0075%1h0.1250+0.380%$752K$629K20xas long as short
Bybit OPUSDT+0.0085%8h0.1249+0.324%$18.4M$25.6M75xas long as short
Lighter OP+0.0096%1h0.1249+0.260%$278K$1.0M15xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid OP+0.0100%1h0.1249+0.324%$3.3M$2.9M5xas long as short
Aster OPUSDT+0.0100%8h0.1248+0.258%$204K$210K10xas long as short
Binance OPUSDT+0.0100%8h0.1250+0.352%$19.6M$64.1M75xas long as short
OKX OP-USDT-SWAP+0.0100%8h0.1249+0.284%$6.1M$28.8M50xas long as short
Gate OP_USDT+0.0100%8h0.1249+0.300%$2.0M$1.5M50xas long as short
MEXC OP_USDT+0.0100%8h0.1249+0.324%$22.8M$7.7M300xas long as short
KuCoin OPUSDTM+0.0100%8h0.1247+0.139%$2.8M$6.4M75xas long as short
Bitget OPUSDT+0.0100%8h0.1249+0.300%$5.8M$6.6M75xas long as short
BingX OP-USDT+0.0100%8h0.1249+0.316%$6.6Mas long as short
Backpack OP_USDC_PERP+0.0100%1h0.1249+0.276%$105K$214K10xas long as short
edgeX OPUSDClong+0.0100%4h0.1245long leg$377K$766K10x
GRVT OP_USDT_Perp+0.0100%8h0.1245−0.021%$310K$5.4M10xas long as short
ApeX Omni OPUSDTshort+0.0100%1h0.1247+0.139%$43K$705K50x
SoDEX OP-USD+0.0100%1h0.1248+0.220%$202$6K5xas long as short
HTX OP-USDT+0.0100%8h0.1247+0.156%$173K$240K50xas long as short
Extended OP-USD+0.0104%1h0.1249+0.313%$100K$502K25xas long as short
Aevo OP-PERP+0.0104%1h0.1248+0.220%$3K$1K3xas long as short
Coinbase International OP-PERP-INTX+0.0160%1h0.1243−0.182%$26K$59K50xas long as short
BloFin OP-USDT+0.0220%8h0.1243−0.174%$990K$274K75xas long as short
Reya OPRUSDPERP+0.0443%1h0.1246+0.045%$69320xas long as short