Settings8H · net · $10k
Funding arb · Price arb /

OP

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.1737%/8h= +190.2% APRnext payment +$2.17 per $10,000 · paid last 24h +0.149%
Price spread now: Aevo against Injective+0.392%59s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$52 a day on $10k at the current rate, and Aevo is 0.392% dearer against Injective than usual: you sell high and buy low: +$39 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective OP/USDC PERP0.1274−0.1633get 0.0204% / 1h31m 30s$35K$58K12x
ShortAevo OP-PERP0.12790.0104get 0.0013% / 1h31m 30s$4K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Injective. 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

Funding earned
$364.77
Price spread: +0.392% → 0.000%
$39.17
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Aevo: 8 bp × 2 orders
−$16
Net
$387.92
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Aevo: 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
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Aevo no order-book sample
Injective and Aevo: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective OP/USDC PERPlong−0.1633%1h0.1274long leg$35K$58K12x
GMX OP/USD [OP-USDC]L −0.1065% / S +0.0229%1h0.1279+0.415%$13K100xas long as short
Coinbase International OP-PERP-INTX−0.0344%1h0.1276+0.157%$21K$65K50xas long as short
dYdX OP-USD0.0000%1h0.1280+0.454%$40K$51910xas long as short
Deribit OP_USDC-PERPETUAL0.0000%1h0.1279+0.392%$42K$171K25xas long as short
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0004%1h0.1279+0.418%150xas long as short
Orderly PERP_OP_USDC+0.0064%8h0.1278+0.314%$6K$50K10xas long as short
Variational Omni OP+0.0072%8h0.1276+0.181%$234K$54Kas long as short
Lighter OP+0.0096%1h0.1280+0.479%$285K$928K15xas long as short
Hyperliquid OP+0.0100%1h0.1281+0.573%$4.1M$2.9M5xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster OPUSDT+0.0100%8h0.1280+0.452%$214K$241K10xas long as short
Binance OPUSDT+0.0100%8h0.1280+0.447%$20.7M$61.8M75xas long as short
Bybit OPUSDT+0.0100%8h0.1279+0.369%$18.5M$25.8M75xas long as short
OKX OP-USDT-SWAP+0.0100%8h0.1280+0.432%$6.1M$30.5M50xas long as short
Gate OP_USDT+0.0100%8h0.1280+0.440%$2.0M$1.5M50xas long as short
MEXC OP_USDT+0.0100%8h0.1279+0.400%$20.2M$7.3M300xas long as short
KuCoin OPUSDTM+0.0100%8h0.1279+0.392%$2.9M$7.4M75xas long as short
Bitget OPUSDT+0.0100%8h0.1280+0.471%$6.1M$6.3M75xas long as short
BingX OP-USDT+0.0100%8h0.1279+0.369%$6.8Mas long as short
Backpack OP_USDC_PERP+0.0100%1h0.1279+0.400%$124K$189K10xas long as short
edgeX OPUSDC+0.0100%4h0.1279+0.361%$10K$384K10xas long as short
GRVT OP_USDT_Perp+0.0100%8h0.1279+0.392%$320K$5.0M10xas long as short
ApeX Omni OPUSDT+0.0100%1h0.1279+0.392%$46K$722K50xas long as short
SoDEX OP-USD+0.0100%1h0.1279+0.361%$196$6K5xas long as short
HTX OP-USDT+0.0100%8h0.1280+0.440%$177K$235K50xas long as short
Extended OP-USD+0.0104%1h0.1279+0.356%$102K$186K25xas long as short
Aevo OP-PERPshort+0.0104%1h0.1279+0.392%$4K3x
BloFin OP-USDT+0.0220%8h0.1278+0.345%$1.0M$291K75xas long as short
Kraken Futures PF_OPUSD+0.0357%1h0.1280+0.478%$801K$746K20xas long as short
Reya OPRUSDPERP+0.0438%1h0.1280+0.433%$71120xas long as short