Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: BingX against edgeX+0.414%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$530.529% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 3 days (all we have)−0.596%−$60 · spread now +0.414%, 7d avg +0.022%
=Together, before fees−0.597%+ Points / potential airdropedgeX: Active · farm board−$60 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: BingX is 0.392% dearer against edgeX than usual: you sell high and buy low, +$39 on $10k if it goes back to its 7-day average of +0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX OPUSDC | 0.1245 | 0.0100 | pay 0.0050% / 4h | 2h 55m | $9K | $379K | 10x |
| Short | BingX OP-USDT | 0.1250 | 0.0100 | get 0.0100% / 8h | 2h 55m | — | $6.9M | — |
edgeX OPUSDC
BingX OP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: +0.414% → +0.022%
- $39.17
- Slippage, 4 orders
- −$33.94
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$13.77
- Costs to cover
- 0.529%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 33 min ago; BingX: live order book, 13 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, 33 min ago | 7.99 bp | 19.3 bp −$19 | 83.0 bp −$830 | doesn't fit | doesn't fit |
| Sell BingX live order book, 13 min ago | 0.40 bp | 9.2 bp −$9 | 14.5 bp −$145 | 72.3 bp −$7,233 | 325.2 bp −$162.6K |
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 | 0.1241 | −0.309% | $34K | $58K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1066% / S +0.0229% | 1h | 0.1251 | +0.508% | $13K | — | 100x | as long as short |
| Coinbase International OP-PERP-INTX | −0.0328% | 1h | 0.1243 | −0.149% | $21K | $64K | 50x | as long as short |
| Variational Omni OP | −0.0002% | 8h | 0.1247 | +0.184% | $227K | $44K | — | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1248 | +0.252% | $39K | $519 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1251 | +0.494% | $43K | $165K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1251 | +0.494% | — | — | 150x | as long as short |
| Orderly PERP_OP_USDC | +0.0026% | 8h | 0.1250 | +0.414% | $6K | $51K | 10x | as long as short |
| OKX OP-USDT-SWAP | +0.0095% | 8h | 0.1247 | +0.181% | $5.8M | $29.4M | 50x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1251 | +0.526% | $267K | $899K | 15x | as long as short |
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
Coinbase International OP-PERP-INTX
Variational Omni OP
dYdX OP-USD
Deribit OP_USDC-PERPETUAL
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 | 0.1252 | +0.599% | $3.9M | $3.0M | 5x | as long as short |
| Aster OPUSDT | +0.0100% | 8h | 0.1250 | +0.452% | $211K | $243K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1250 | +0.423% | $20.2M | $62.7M | 75x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1249 | +0.358% | $18.4M | $25.4M | 75x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1251 | +0.478% | $1.8M | $1.4M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1252 | +0.558% | $20.1M | $7.2M | 300x | as long as short |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1250 | +0.414% | $2.9M | $7.5M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1248 | +0.253% | $5.9M | $6.2M | 75x | as long as short |
| BingX OP-USDTshort | +0.0100% | 8h | 0.1250 | +0.414% | — | $6.9M | — | |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1251 | +0.470% | $128K | $188K | 10x | as long as short |
| edgeX OPUSDClong | +0.0100% | 4h | 0.1245 | long leg | $9K | $379K | 10x | |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1246 | +0.084% | $303K | $5.3M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1244 | −0.068% | $45K | $720K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1251 | +0.494% | $159 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1250 | +0.438% | $174K | $236K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1247 | +0.174% | $100K | $186K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1251 | +0.494% | $4K | — | 3x | as long as short |
| Kraken Futures PF_OPUSD | +0.0137% | 1h | 0.1251 | +0.528% | $773K | $743K | 20x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1251 | +0.462% | $1.0M | $295K | 75x | as long as short |
| Reya OPRUSDPERP | +0.0436% | 1h | 0.1249 | +0.372% | $695 | — | 20x | as long as short |
Hyperliquid OP
Aster OPUSDT
Binance OPUSDT
Bybit OPUSDT
Gate OP_USDT
MEXC OP_USDT
KuCoin OPUSDTM
Bitget OPUSDT
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