Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against HTX−0.463%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$740.740% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.200%+$20 · spread now −0.463%, 7d avg −0.050%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.413% cheaper against HTX than usual: you would sell low and buy high, −$41 on $10k if it goes back to its 7-day average of −0.050%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX OP-USDT | 0.1253 | 0.0100 | pay 0.0100% / 8h | 2h 40m | $171K | $234K | 50x |
| Short | BingX OP-USDT | 0.1248 | 0.0100 | get 0.0100% / 8h | 2h 40m | — | $6.6M | — |
HTX OP-USDT
BingX OP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against HTX. 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: −0.463% → −0.050%
- −$41.31
- Slippage, 4 orders
- −$52.01
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$115.32
- Costs to cover
- 0.740%
- Break-even
- never at this rate
Slippage from HTX: live order book, 6 min ago; BingX: live order book, 6 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 HTX live order book, 6 min ago | 11.10 bp | 22.5 bp −$22 | 2745.3 bp −$27.5K | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 1.99 bp | 10.9 bp −$11 | 13.8 bp −$138 | 75.4 bp −$7,539 | 278.4 bp −$139.2K |
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 | 0.1248 | −0.439% | $34K | $59K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1253 | −0.030% | $13K | — | 100x | as long as short |
| Deribit OP_USDC-PERPETUAL | −0.0548% | 1h | 0.1252 | −0.120% | $40K | $139K | 25x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1249 | −0.398% | $39K | $532 | 10x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1253 | −0.040% | — | — | 150x | as long as short |
| Variational Omni OP | +0.0026% | 8h | 0.1251 | −0.228% | $221K | $48K | — | as long as short |
| Orderly PERP_OP_USDC | +0.0034% | 8h | 0.1250 | −0.279% | $59K | $107K | 10x | as long as short |
| Kraken Futures PF_OPUSD | +0.0074% | 1h | 0.1254 | +0.046% | $761K | $595K | 20x | as long as short |
| OKX OP-USDT-SWAP | +0.0095% | 8h | 0.1247 | −0.503% | $6.2M | $28.5M | 50x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1249 | −0.399% | $288K | $987K | 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
Variational Omni OP
Orderly PERP_OP_USDC
Kraken Futures PF_OPUSD
OKX OP-USDT-SWAP
Lighter OPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid OP | +0.0100% | 1h | 0.1249 | −0.375% | $3.5M | $2.8M | 5x | as long as short |
| Aster OPUSDT | +0.0100% | 8h | 0.1249 | −0.331% | $209K | $218K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1248 | −0.439% | $19.8M | $63.5M | 75x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1247 | −0.550% | $18.5M | $25.5M | 75x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1248 | −0.439% | $2.0M | $1.5M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1248 | −0.455% | $22.1M | $7.4M | 300x | as long as short |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1246 | −0.598% | $2.9M | $6.4M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1248 | −0.439% | $5.8M | $6.6M | 75x | as long as short |
| BingX OP-USDTshort | +0.0100% | 8h | 0.1248 | −0.463% | — | $6.6M | — | |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1246 | −0.598% | $105K | $213K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1259 | +0.416% | $381K | $768K | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1255 | +0.127% | $310K | $5.1M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1260 | +0.519% | $43K | $704K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1252 | −0.144% | $200 | $6K | 5x | as long as short |
| HTX OP-USDTlong | +0.0100% | 8h | 0.1253 | long leg | $171K | $234K | 50x | |
| Extended OP-USD | +0.0104% | 1h | 0.1246 | −0.571% | $100K | $505K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1252 | −0.160% | $3K | $1K | 3x | as long as short |
| Coinbase International OP-PERP-INTX | +0.0160% | 1h | 0.1254 | +0.040% | $25K | $58K | 50x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1252 | −0.152% | $1.0M | $276K | 75x | as long as short |
| Reya OPRUSDPERP | +0.0442% | 1h | 0.1253 | −0.034% | $697 | — | 20x | as long as short |
Hyperliquid OP
Aster OPUSDT
Binance OPUSDT
Bybit OPUSDT
Gate OP_USDT
MEXC OP_USDT
KuCoin OPUSDTM
Bitget OPUSDT
Backpack OP_USDC_PERP
edgeX OPUSDC
GRVT OP_USDT_Perp
ApeX Omni OPUSDT
SoDEX OP-USD
Extended OP-USD
Aevo OP-PERP
Coinbase International OP-PERP-INTX
BloFin OP-USDT
Reya OPRUSDPERP