OP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0104%/8h= −11.4% APRnext payment −$0.13 per $10,000 · paid last 24h −0.011%

Price spread now: dYdX against Extended+0.108%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Extended Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

The price spread pays, funding is against you. dYdX is 0.108% dearer against Extended than usual: you sell high and buy low (spread +0.108% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended OP-USD	0.1248	0.0104	pay 0.0013% / 1h	0m 49s	$100K	$610K	25x
Short	dYdX OP-USD	0.1250	0	get 0.0000% / 1h	0m 49s	$39K	$522	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Extended. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ExtendedbpFee dYdXbpOrdersPrice spread, now +0.108%Rate

Funding earned: −$21.84
Price spread: +0.108% → 0.000%: $10.81
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$26.03
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Extended: live order book, 37 min ago; dYdX: no order-book sample. Net counts fees only.

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, 37 min ago	12.04 bp	21.5 bp −$22	146.6 bp −$1,466	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	0.1235	−1.063%	$34K	$63K	12x	as long as short
GMX OP/USD [OP-USDC]	L −0.1164% / S +0.0246%	1h	0.1249	+0.076%	$13K	—	100x	as long as short
Orderly PERP_OP_USDC	−0.0054%	8h	0.1248	−0.022%	$12K	$235K	10x	as long as short
dYdX OP-USDshort	0.0000%	1h	0.1250	+0.108%	$39K	$522	10x
Deribit OP_USDC-PERPETUAL	0.0000%	1h	0.1249	+0.058%	$31K	$165K	25x	as long as short
gTrade (Gains Network) OP/USD	L +0.0004% / S −0.0004%	1h	0.1249	+0.090%	—	—	150x	as long as short
KuCoin OPUSDTM	+0.0059%	8h	0.1248	−0.022%	$2.8M	$6.0M	75x	as long as short
Variational Omni OP	+0.0063%	8h	0.1248	−0.024%	$221K	$47K	—	as long as short
Coinbase International OP-PERP-INTX	+0.0080%	1h	0.1247	−0.102%	$24K	$66K	50x	as long as short
Lighter OP	+0.0096%	1h	0.1250	+0.146%	$289K	$1.1M	15x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid OP	+0.0100%	1h	0.1250	+0.162%	$3.5M	$3.6M	5x	as long as short
Aster OPUSDT	+0.0100%	8h	0.1250	+0.108%	$205K	$210K	10x	as long as short
Binance OPUSDT	+0.0100%	8h	0.1250	+0.106%	$19.6M	$67.7M	75x	as long as short
Bybit OPUSDT	+0.0100%	8h	0.1249	+0.050%	$18.2M	$26.3M	75x	as long as short
OKX OP-USDT-SWAP	+0.0100%	8h	0.1250	+0.114%	$6.0M	$29.6M	50x	as long as short
Gate OP_USDT	+0.0100%	8h	0.1250	+0.122%	$2.0M	$1.5M	50x	as long as short
MEXC OP_USDT	+0.0100%	8h	0.1250	+0.122%	$22.4M	$7.9M	300x	as long as short
Bitget OPUSDT	+0.0100%	8h	0.1249	+0.058%	$5.6M	$6.8M	75x	as long as short
BingX OP-USDC	+0.0100%	8h	0.1249	+0.058%	—	$1.6M	—	as long as short
Backpack OP_USDC_PERP	+0.0100%	1h	0.1249	+0.042%	$117K	$222K	10x	as long as short
edgeX OPUSDC	+0.0100%	4h	0.1246	−0.166%	$4K	$1.1M	10x	as long as short
GRVT OP_USDT_Perp	+0.0100%	8h	0.1248	+0.004%	$305K	$5.3M	10x	as long as short
ApeX Omni OPUSDT	+0.0100%	1h	0.1246	−0.182%	$43K	$695K	50x	as long as short
SoDEX OP-USD	+0.0100%	1h	0.1248	+0.002%	$207	$6K	5x	as long as short
HTX OP-USDT	+0.0100%	8h	0.1249	+0.026%	$166K	$260K	50x	as long as short
Extended OP-USDlong	+0.0104%	1h	0.1248	long leg	$100K	$610K	25x
Aevo OP-PERP	+0.0104%	1h	0.1249	+0.018%	$3K	$1K	3x	as long as short
Kraken Futures PF_OPUSD	+0.0165%	1h	0.1250	+0.126%	$744K	$678K	20x	as long as short
BloFin OP-USDT	+0.0220%	8h	0.1250	+0.122%	$995K	$325K	75x	as long as short
Reya OPRUSDPERP	+0.0445%	1h	0.1249	+0.024%	$694	—	20x	as long as short