Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.023%
Price spread now: HTX against Extended+0.271%7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$780.780% of the position
Funding, last 7 days+0.065%+$6 on $10k
+Price spread, last 4 days (all we have)−0.031%−$3 · spread now +0.271%, 7d avg +0.090%
=Together, before fees+0.034%+ Points / potential airdropExtended: Active · farm board+$3 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: HTX is 0.181% dearer against Extended than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of +0.090%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended OP-USD | 0.1272 | 0.0104 | pay 0.0013% / 1h | 30m 41s | $102K | $391K | 25x |
| Short | HTX OP-USDT | 0.1276 | 0.0100 | get 0.0100% / 8h | 3h 30m | $173K | $232K | 50x |
Extended OP-USD
HTX OP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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: +0.271% → +0.090%
- $18.13
- Slippage, 4 orders
- −$60.99
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$60.7
- Costs to cover
- 0.780%
- Break-even
- never at this rate
Slippage from Extended: live order book, 22 min ago; HTX: live order book, 21 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, 22 min ago | 11.76 bp | 20.9 bp −$21 | 136.1 bp −$1,361 | doesn't fit | doesn't fit |
| Sell HTX live order book, 21 min ago | 7.42 bp | 20.6 bp −$21 | doesn't fit | 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 | −0.1568% | 1h | 0.1263 | −0.719% | $35K | $58K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1275 | +0.251% | $13K | — | 100x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1272 | −0.004% | $39K | $519 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1275 | +0.224% | $42K | $138K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1275 | +0.224% | — | — | 150x | as long as short |
| Coinbase International OP-PERP-INTX | +0.0032% | 1h | 0.1270 | −0.169% | $25K | $58K | 50x | as long as short |
| Variational Omni OP | +0.0047% | 8h | 0.1274 | +0.163% | $225K | $48K | — | as long as short |
| Orderly PERP_OP_USDC | +0.0054% | 8h | 0.1275 | +0.224% | $6K | $46K | 10x | as long as short |
| Kraken Futures PF_OPUSD | +0.0056% | 1h | 0.1276 | +0.281% | $782K | $555K | 20x | as long as short |
| OKX OP-USDT-SWAP | +0.0086% | 8h | 0.1272 | +0.004% | $6.2M | $28.7M | 50x | as long as short |
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
dYdX OP-USD
Deribit OP_USDC-PERPETUAL
gTrade (Gains Network) OP/USD
Coinbase International OP-PERP-INTX
Variational Omni OP
Orderly PERP_OP_USDC
Kraken Futures PF_OPUSD
OKX OP-USDT-SWAPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter OP | +0.0096% | 1h | 0.1272 | +0.004% | $276K | $945K | 15x | as long as short |
| Hyperliquid OP | +0.0100% | 1h | 0.1273 | +0.090% | $3.7M | $2.8M | 5x | as long as short |
| Aster OPUSDT | +0.0100% | 8h | 0.1273 | +0.073% | $213K | $216K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1273 | +0.074% | $20.6M | $60.9M | 75x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1272 | +0.004% | $18.7M | $24.9M | 75x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1275 | +0.192% | $2.0M | $1.5M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1272 | −0.004% | $21.4M | $7.3M | 300x | as long as short |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1271 | −0.091% | $2.9M | $6.4M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1272 | −0.012% | $5.9M | $6.5M | 75x | as long as short |
| BingX OP-USDC | +0.0100% | 8h | 0.1272 | −0.012% | — | $1.6M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1274 | +0.137% | $118K | $207K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1269 | −0.236% | $4K | $387K | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1270 | −0.207% | $318K | $5.0M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1270 | −0.169% | $44K | $709K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1275 | +0.232% | $187 | $6K | 5x | as long as short |
| HTX OP-USDTshort | +0.0100% | 8h | 0.1276 | +0.271% | $173K | $232K | 50x | |
| Extended OP-USDlong | +0.0104% | 1h | 0.1272 | long leg | $102K | $391K | 25x | |
| Aevo OP-PERP | +0.0104% | 1h | 0.1275 | +0.224% | $3K | $1K | 3x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1275 | +0.247% | $1.0M | $282K | 75x | as long as short |
| Reya OPRUSDPERP | +0.0442% | 1h | 0.1274 | +0.166% | $709 | — | 20x | as long as short |
Lighter OP
Hyperliquid OP
Aster OPUSDT
Binance OPUSDT
Bybit OPUSDT
Gate OP_USDT
MEXC OP_USDT
KuCoin OPUSDTM
Bitget OPUSDT
BingX OP-USDC
Backpack OP_USDC_PERP
edgeX OPUSDC
GRVT OP_USDT_Perp
ApeX Omni OPUSDT
SoDEX OP-USD
Aevo OP-PERP
BloFin OP-USDT
Reya OPRUSDPERP