Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.003%
Price spread now: BloFin against edgeX−0.502%7-day average +0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$177as in the Price arb table
costs, in and out, $10k−$1211.206% of the position
Funding, last 7 days+0.140%+$14 on $10k
+Price spread, last 4 days (all we have)+0.539%+$54 · spread now −0.502%, 7d avg +0.058%
=Together, before fees+0.680%+ Points / potential airdropedgeX: Active · farm board+$68 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.560% cheaper against edgeX than usual: you would sell low and buy high (spread −0.502% now, against its 7-day average of +0.058%). If the spread goes back, that is −$56 on $10k: about 16 days of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX OPUSDC | 0.1256 | 0.0100 | pay 0.0050% / 4h | 42m 50s | $4K | $1.1M | 10x |
| Short | BloFin OP-USDT | 0.1250 | 0.0220 | get 0.0220% / 8h | 42m 50s | $997K | $323K | 75x |
edgeX OPUSDC
BloFin OP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $25.2
- Price spread: −0.502% → +0.058%
- −$55.97
- Slippage, 4 orders
- −$99.61
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$151.37
- Costs to cover
- 1.206%
- Break-even
- 49.0 days
Slippage from edgeX: live order book, 1 min ago; BloFin: live order book, 4 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, 1 min ago | 39.87 bp | 48.7 bp −$49 | 176.7 bp −$1,767 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 0.80 bp | 11.2 bp −$11 | 15.6 bp −$156 | 53.4 bp −$5,340 | 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 | −0.1660% | 1h | 0.1245 | −0.884% | $34K | $59K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.0898% / S +0.0202% | 1h | 0.1252 | −0.312% | $13K | — | 100x | as long as short |
| Orderly PERP_OP_USDC | −0.0053% | 8h | 0.1250 | −0.486% | $12K | $236K | 10x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1253 | −0.275% | $39K | $522 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1251 | −0.406% | $32K | $154K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1252 | −0.352% | — | — | 150x | as long as short |
| Variational Omni OP | +0.0034% | 8h | 0.1253 | −0.223% | $222K | $47K | — | as long as short |
| KuCoin OPUSDTM | +0.0056% | 8h | 0.1249 | −0.565% | $2.8M | $6.2M | 75x | as long as short |
| Coinbase International OP-PERP-INTX | +0.0080% | 1h | 0.1251 | −0.406% | $24K | $65K | 50x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1251 | −0.390% | $288K | $1.1M | 15x | as long as short |
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
Orderly PERP_OP_USDC
dYdX OP-USD
Deribit OP_USDC-PERPETUAL
gTrade (Gains Network) OP/USD
Variational Omni OP
KuCoin OPUSDTM
Coinbase International OP-PERP-INTX
Lighter OPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid OP | +0.0100% | 1h | 0.1251 | −0.422% | $3.5M | $3.7M | 5x | as long as short |
| Aster OPUSDT | +0.0100% | 8h | 0.1251 | −0.417% | $205K | $210K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1250 | −0.503% | $19.8M | $67.1M | 75x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1250 | −0.486% | $18.3M | $26.0M | 75x | as long as short |
| OKX OP-USDT-SWAP | +0.0100% | 8h | 0.1250 | −0.486% | $6.0M | $29.4M | 50x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1251 | −0.422% | $2.0M | $1.5M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1250 | −0.494% | $22.3M | $7.8M | 300x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1250 | −0.486% | $5.6M | $6.9M | 75x | as long as short |
| BingX OP-USDC | +0.0100% | 8h | 0.1251 | −0.406% | — | $1.6M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1250 | −0.486% | $115K | $219K | 10x | as long as short |
| edgeX OPUSDClong | +0.0100% | 4h | 0.1256 | long leg | $4K | $1.1M | 10x | |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1250 | −0.471% | $305K | $5.2M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1250 | −0.486% | $43K | $698K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1250 | −0.518% | $203 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1250 | −0.446% | $166K | $259K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1249 | −0.529% | $101K | $600K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1251 | −0.442% | $3K | $1K | 3x | as long as short |
| Kraken Futures PF_OPUSD | +0.0165% | 1h | 0.1250 | −0.461% | $746K | $670K | 20x | as long as short |
| BloFin OP-USDTshort | +0.0220% | 8h | 0.1250 | −0.502% | $997K | $323K | 75x | |
| Reya OPRUSDPERP | +0.0444% | 1h | 0.1252 | −0.339% | $696 | — | 20x | as long as short |
Hyperliquid OP
Aster OPUSDT
Binance OPUSDT
Bybit OPUSDT
OKX OP-USDT-SWAP
Gate OP_USDT
MEXC OP_USDT
Bitget OPUSDT
BingX OP-USDC
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
Reya OPRUSDPERP