Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.039%
Price spread now: Binance against edgeX+0.048%100s7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$550.552% of the position
Funding, last 7 days−0.074%−$7 on $10k
+Price spread, last 3 days (all we have)−0.253%−$25 · spread now +0.048%, 7d avg +0.057%
=Together, before fees−0.328%+ Points / potential airdropedgeX: Active · farm board−$33 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX OPUSDC | 0.1247 | 0.0100 | pay 0.0050% / 4h | 2h 55m | $9K | $379K | 10x |
| Short | Binance OPUSDT | 0.1247 | 0.0100 | get 0.0100% / 8h | 2h 55m | $20.2M | $63.1M | 75x |
edgeX OPUSDC
Binance OPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against edgeX. 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
- $0
- Price spread: +0.048% → +0.057%
- −$0.91
- Slippage, 4 orders
- −$36.22
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$56.13
- Costs to cover
- 0.552%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 32 min ago; Binance: live order book, 16 min ago.
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 edgeX live order book, 32 min ago | 7.99 bp | 19.3 bp −$19 | 83.0 bp −$830 | doesn't fit | doesn't fit |
| Sell Binance live order book, 16 min ago | 0.40 bp | 10.1 bp −$10 | 20.0 bp −$200 | 86.1 bp −$8,610 | doesn't fit |
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 | −0.1658% | 1h | 0.1239 | −0.618% | $34K | $58K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1066% / S +0.0229% | 1h | 0.1247 | +0.022% | $13K | — | 100x | as long as short |
| Coinbase International OP-PERP-INTX | −0.0328% | 1h | 0.1243 | −0.297% | $21K | $64K | 50x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1249 | +0.183% | $39K | $519 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1247 | +0.024% | $43K | $168K | 25x | as long as short |
| Variational Omni OP | +0.0001% | 8h | 0.1249 | +0.190% | $227K | $44K | — | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1247 | +0.029% | — | — | 150x | as long as short |
| Orderly PERP_OP_USDC | +0.0026% | 8h | 0.1246 | −0.056% | $6K | $51K | 10x | as long as short |
| OKX OP-USDT-SWAP | +0.0093% | 8h | 0.1247 | +0.016% | $5.8M | $29.4M | 50x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1248 | +0.072% | $267K | $899K | 15x | as long as short |
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
Coinbase International OP-PERP-INTX
dYdX OP-USD
Deribit OP_USDC-PERPETUAL
Variational Omni OP
gTrade (Gains Network) OP/USD
Orderly PERP_OP_USDC
OKX OP-USDT-SWAP
Lighter OPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid OP | +0.0100% | 1h | 0.1248 | +0.112% | $3.9M | $3.0M | 5x | as long as short |
| Aster OPUSDT | +0.0100% | 8h | 0.1246 | −0.020% | $210K | $243K | 10x | as long as short |
| Binance OPUSDTshort | +0.0100% | 8h | 0.1247 | +0.048% | $20.2M | $63.1M | 75x | |
| Bybit OPUSDT | +0.0100% | 8h | 0.1246 | −0.016% | $18.4M | $25.4M | 75x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1247 | +0.024% | $1.8M | $1.4M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1246 | −0.040% | $20.0M | $7.2M | 300x | as long as short |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1246 | −0.056% | $2.9M | $7.5M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1247 | +0.024% | $5.9M | $6.2M | 75x | as long as short |
| BingX OP-USDT | +0.0100% | 8h | 0.1246 | −0.016% | — | $6.9M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1246 | −0.056% | $127K | $190K | 10x | as long as short |
| edgeX OPUSDClong | +0.0100% | 4h | 0.1247 | long leg | $9K | $379K | 10x | |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1246 | −0.057% | $303K | $5.3M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1246 | −0.056% | $45K | $719K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1247 | 0.000% | $154 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1248 | +0.136% | $178K | $229K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1246 | −0.020% | $100K | $186K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1247 | +0.001% | $4K | — | 3x | as long as short |
| Kraken Futures PF_OPUSD | +0.0138% | 1h | 0.1248 | +0.092% | $771K | $743K | 20x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1245 | −0.096% | $997K | $294K | 75x | as long as short |
| Reya OPRUSDPERP | +0.0436% | 1h | 0.1247 | +0.011% | $693 | — | 20x | as long as short |
Hyperliquid OP
Aster OPUSDT
Bybit OPUSDT
Gate OP_USDT
MEXC OP_USDT
KuCoin OPUSDTM
Bitget OPUSDT
BingX OP-USDT
Backpack OP_USDC_PERP
GRVT OP_USDT_Perp
ApeX Omni OPUSDT
SoDEX OP-USD
HTX OP-USDT
Extended OP-USD
Aevo OP-PERP
Kraken Futures PF_OPUSD
BloFin OP-USDT
Reya OPRUSDPERP