Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against edgeX+0.071%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$790.789% of the position
Funding, last 7 days−0.147%−$15 on $10k
+Price spread, last 4 days (all we have)−0.732%−$73 · spread now +0.071%, 7d avg +0.033%
=Together, before fees−0.879%+ Points / potential airdropedgeX: Active · farm board−$88 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: Gate is 0.039% dearer against edgeX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.033%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX OPUSDC | 0.1257 | 0.0100 | pay 0.0050% / 4h | 2h 32m | $4K | $390K | 10x |
| Short | Gate OP_USDT | 0.1258 | 0.0100 | get 0.0100% / 8h | 6h 32m | $1.9M | $1.5M | 50x |
edgeX OPUSDC
Gate OP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.071% → +0.033%
- $3.9
- Slippage, 4 orders
- −$54.95
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$75.05
- Costs to cover
- 0.789%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 36 min ago; Gate: live order book, 5 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, 36 min ago | 3.92 bp | 15.4 bp −$15 | 133.6 bp −$1,336 | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 2.39 bp | 24.5 bp −$24 | 68.0 bp −$680 | doesn't fit | doesn't fit |
OP on 29 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 | −0.1535% | 1h | 0.1256 | −0.072% | $35K | $58K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1257 | −0.003% | $13K | — | 100x | as long as short |
| Coinbase International OP-PERP-INTX | −0.0184% | 1h | 0.1279 | +1.758% | $25K | $75K | 50x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1259 | +0.147% | $39K | $519 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1257 | +0.008% | $41K | $151K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1257 | −0.010% | — | — | 150x | as long as short |
| Variational Omni OP | +0.0052% | 8h | 0.1257 | +0.044% | $223K | $51K | — | as long as short |
| Orderly PERP_OP_USDC | +0.0058% | 8h | 0.1256 | −0.072% | $6K | $47K | 10x | as long as short |
| OKX OP-USDT-SWAP | +0.0085% | 8h | 0.1258 | +0.103% | $6.0M | $30.0M | 50x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1256 | −0.056% | $279K | $949K | 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
gTrade (Gains Network) OP/USD
Variational Omni OP
Orderly PERP_OP_USDC
OKX OP-USDT-SWAP
Lighter OPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid OP | +0.0100% | 1h | 0.1256 | −0.088% | $3.8M | $3.0M | 5x | as long as short |
| Aster OPUSDT | +0.0100% | 8h | 0.1257 | +0.006% | $210K | $229K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1258 | +0.095% | $20.2M | $62.6M | 75x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1258 | +0.064% | $18.3M | $26.2M | 75x | as long as short |
| Gate OP_USDTshort | +0.0100% | 8h | 0.1258 | +0.071% | $1.9M | $1.5M | 50x | |
| MEXC OP_USDT | +0.0100% | 8h | 0.1257 | +0.024% | $20.5M | $7.4M | 300x | as long as short |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1257 | +0.008% | $2.9M | $7.0M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1257 | +0.008% | $5.9M | $6.6M | 75x | as long as short |
| BingX OP-USDC | +0.0100% | 8h | 0.1257 | +0.008% | — | $1.6M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1254 | −0.199% | $123K | $206K | 10x | as long as short |
| edgeX OPUSDClong | +0.0100% | 4h | 0.1257 | long leg | $4K | $390K | 10x | |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1258 | +0.087% | $310K | $5.3M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1257 | +0.008% | $43K | $726K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1256 | −0.064% | $172 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1257 | −0.024% | $173K | $232K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1257 | +0.012% | $103K | $393K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1257 | −0.014% | $3K | $1K | 3x | as long as short |
| Reya OPRUSDPERP | +0.0439% | 1h | 0.1256 | −0.090% | $698 | — | 20x | as long as short |
| Kraken Futures PF_OPUSD | +0.0464% | 1h | 0.1256 | −0.038% | $793K | $597K | 20x | as long as short |
Hyperliquid OP
Aster OPUSDT
Binance OPUSDT
Bybit OPUSDT
MEXC OP_USDT
KuCoin OPUSDTM
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
Reya OPRUSDPERP
Kraken Futures PF_OPUSD