Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.005%
Price spread now: MEXC against Extended+0.082%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$650.645% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.002%$0 · spread now +0.082%, 7d avg +0.072%
=Together, before fees−0.001%+ Points / potential airdropExtended: Active · farm board$0 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended OP-USD | 0.1277 | 0.0104 | pay 0.0013% / 1h | 13m 53s | $107K | $389K | 25x |
| Short | MEXC OP_USDT | 0.1278 | 0.0100 | get 0.0100% / 8h | 7h 13m | $20.3M | $7.4M | 300x |
Extended OP-USD
MEXC OP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.082% → +0.072%
- $1.03
- Slippage, 4 orders
- −$59.52
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$64.33
- Costs to cover
- 0.645%
- Break-even
- never at this rate
Slippage from Extended: live order book, 58 min ago; MEXC: 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 Extended live order book, 58 min ago | 19.68 bp | 28.8 bp −$29 | 148.6 bp −$1,486 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 0.40 bp | 4.0 bp −$4 | 43.6 bp −$436 | 79.6 bp −$7,956 | 133.8 bp −$66.9K |
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 | −0.1656% | 1h | 0.1256 | −1.640% | $35K | $58K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1281 | +0.333% | $13K | — | 100x | as long as short |
| Coinbase International OP-PERP-INTX | −0.0352% | 1h | 0.1281 | +0.317% | $25K | $78K | 50x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1279 | +0.146% | $40K | $519 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1281 | +0.317% | $42K | $167K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1281 | +0.349% | — | — | 150x | as long as short |
| Variational Omni OP | +0.0051% | 8h | 0.1271 | −0.473% | $232K | $46K | — | as long as short |
| Orderly PERP_OP_USDC | +0.0058% | 8h | 0.1281 | +0.317% | $6K | $48K | 10x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1283 | +0.451% | $285K | $952K | 15x | as long as short |
| Hyperliquid OP | +0.0100% | 1h | 0.1283 | +0.451% | $4.0M | $2.9M | 5x | 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
Lighter OP
Hyperliquid OPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster OPUSDT | +0.0100% | 8h | 0.1282 | +0.368% | $214K | $236K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1279 | +0.134% | $20.6M | $62.1M | 75x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1277 | +0.035% | $18.5M | $26.0M | 75x | as long as short |
| OKX OP-USDT-SWAP | +0.0100% | 8h | 0.1277 | +0.035% | $6.2M | $30.4M | 50x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1278 | +0.090% | $2.0M | $1.6M | 50x | as long as short |
| MEXC OP_USDTshort | +0.0100% | 8h | 0.1278 | +0.082% | $20.3M | $7.4M | 300x | |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1278 | +0.082% | $2.9M | $7.1M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1278 | +0.082% | $6.0M | $6.4M | 75x | as long as short |
| BingX OP-USDC | +0.0100% | 8h | 0.1278 | +0.082% | — | $1.6M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1281 | +0.325% | $123K | $188K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1264 | −1.029% | $4K | $392K | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1265 | −0.936% | $313K | $5.1M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1265 | −0.936% | $43K | $725K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1281 | +0.349% | $173 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1282 | +0.396% | $177K | $235K | 50x | as long as short |
| Extended OP-USDlong | +0.0104% | 1h | 0.1277 | long leg | $107K | $389K | 25x | |
| Aevo OP-PERP | +0.0104% | 1h | 0.1281 | +0.346% | $4K | $1K | 3x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1279 | +0.184% | $1.0M | $279K | 75x | as long as short |
| Kraken Futures PF_OPUSD | +0.0378% | 1h | 0.1283 | +0.480% | $810K | $755K | 20x | as long as short |
| Reya OPRUSDPERP | +0.0439% | 1h | 0.1278 | +0.106% | $711 | — | 20x | as long as short |
Aster OPUSDT
Binance OPUSDT
Bybit OPUSDT
OKX OP-USDT-SWAP
Gate 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
HTX OP-USDT
Aevo OP-PERP
BloFin OP-USDT
Kraken Futures PF_OPUSD
Reya OPRUSDPERP