Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h +0.022%
Price spread now: ApeX Omni against Extended−0.585%7-day average +0.113% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$830.831% of the position
Funding, last 7 days+0.059%+$6 on $10k
+Price spread, last 4 days (all we have)+0.804%+$80 · spread now −0.585%, 7d avg +0.113%
=Together, before fees+0.863%+ Points / potential airdropExtended: Active · farm board+$86 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 0.699% cheaper against Extended than usual: you would sell low and buy high, −$70 on $10k if it goes back to its 7-day average of +0.113%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended OP-USD | 0.1247 | 0.0104 | pay 0.0013% / 1h | 21m 21s | $100K | $502K | 25x |
| Short | ApeX Omni OPUSDT | 0.1240 | 0.0100 | get 0.0013% / 1h | 21m 21s | $43K | $706K | 50x |
Extended OP-USD
ApeX Omni OPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Extended. 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
- −$0.84
- Price spread: −0.585% → +0.113%
- −$69.86
- Slippage, 4 orders
- −$68.1
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$153.8
- Costs to cover
- 0.831%
- Break-even
- never at this rate
Slippage from Extended: live order book, 26 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Extended live order book, 26 min ago | 11.80 bp | 21.0 bp −$21 | 140.6 bp −$1,406 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 27 min ago | 11.77 bp | 21.0 bp −$21 | 114.0 bp −$1,140 | doesn't fit | 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 | −0.1583% | 1h | 0.1238 | −0.746% | $34K | $59K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1249 | +0.147% | $13K | — | 100x | as long as short |
| Deribit OP_USDC-PERPETUAL | −0.0551% | 1h | 0.1248 | +0.056% | $40K | $139K | 25x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1250 | +0.198% | $39K | $532 | 10x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1249 | +0.141% | — | — | 150x | as long as short |
| Orderly PERP_OP_USDC | +0.0011% | 8h | 0.1248 | +0.056% | $59K | $142K | 10x | as long as short |
| Variational Omni OP | +0.0023% | 8h | 0.1243 | −0.373% | $220K | $45K | — | as long as short |
| Kraken Futures PF_OPUSD | +0.0075% | 1h | 0.1249 | +0.176% | $752K | $629K | 20x | as long as short |
| Bybit OPUSDT | +0.0084% | 8h | 0.1248 | +0.056% | $18.3M | $25.6M | 75x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1250 | +0.184% | $278K | $1.0M | 15x | as long as short |
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
Deribit OP_USDC-PERPETUAL
dYdX OP-USD
gTrade (Gains Network) OP/USD
Orderly PERP_OP_USDC
Variational Omni OP
Kraken Futures PF_OPUSD
Bybit OPUSDT
Lighter OPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid OP | +0.0100% | 1h | 0.1250 | +0.216% | $3.3M | $2.9M | 5x | as long as short |
| Aster OPUSDT | +0.0100% | 8h | 0.1250 | +0.232% | $204K | $210K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1250 | +0.217% | $19.6M | $64.1M | 75x | as long as short |
| OKX OP-USDT-SWAP | +0.0100% | 8h | 0.1248 | +0.048% | $6.1M | $28.8M | 50x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1250 | +0.192% | $2.0M | $1.5M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1250 | +0.208% | $22.8M | $7.7M | 300x | as long as short |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1249 | +0.136% | $2.8M | $6.4M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1249 | +0.136% | $5.8M | $6.6M | 75x | as long as short |
| BingX OP-USDC | +0.0100% | 8h | 0.1249 | +0.136% | — | $1.6M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1249 | +0.112% | $105K | $214K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1242 | −0.403% | $376K | $767K | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1244 | −0.286% | $307K | $5.4M | 10x | as long as short |
| ApeX Omni OPUSDTshort | +0.0100% | 1h | 0.1240 | −0.585% | $43K | $706K | 50x | |
| SoDEX OP-USD | +0.0100% | 1h | 0.1247 | +0.016% | $194 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1249 | +0.120% | $173K | $240K | 50x | as long as short |
| Extended OP-USDlong | +0.0104% | 1h | 0.1247 | long leg | $100K | $502K | 25x | |
| Aevo OP-PERP | +0.0104% | 1h | 0.1248 | +0.055% | $3K | $1K | 3x | as long as short |
| Coinbase International OP-PERP-INTX | +0.0160% | 1h | 0.1243 | −0.345% | $26K | $59K | 50x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1243 | −0.337% | $990K | $274K | 75x | as long as short |
| Reya OPRUSDPERP | +0.0443% | 1h | 0.1249 | +0.163% | $695 | — | 20x | as long as short |
Hyperliquid OP
Aster OPUSDT
Binance OPUSDT
OKX OP-USDT-SWAP
Gate OP_USDT
MEXC OP_USDT
KuCoin OPUSDTM
Bitget OPUSDT
BingX OP-USDC
Backpack OP_USDC_PERP
edgeX OPUSDC
GRVT OP_USDT_Perp
SoDEX OP-USD
HTX OP-USDT
Aevo OP-PERP
Coinbase International OP-PERP-INTX
BloFin OP-USDT
Reya OPRUSDPERP