Funding you earn now, next payment 10:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.357%
Price spread now: ApeX Omni against Injective−1.034%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.393%+$139 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. ApeX Omni is 1.034% cheaper against Injective than usual: you would sell low and buy high (spread −1.034% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$103 on $10k: about 52 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+1.393% in total) that is about 5.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective OP/USDC PERP | 0.1257 | 0.0033 | pay 0.0004% / 1h | 58m 46s | $35K | $67K | 12x |
| Short | ApeX Omni OPUSDT | 0.1244 | 0.0100 | get 0.0013% / 1h | 58m 46s | $43K | $688K | 50x |
Injective OP/USDC PERP
ApeX Omni OPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Injective. 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
- $14
- Price spread: −1.034% → 0.000%
- −$103.42
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$99.44
- Costs to cover
- 0.100%
- Break-even
- 56.7 days
Slippage unknown: Injective: no order-book sample; ApeX Omni: live order book, 52 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 52 min ago | 12.03 bp | 22.4 bp −$22 | 123.5 bp −$1,235 | doesn't fit | doesn't fit |
Injective: 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| GMX OP/USD [OP-USDC] | L −0.0886% / S +0.0200% | 1h | 0.1247 | −0.792% | $13K | — | 100x | as long as short |
| Deribit OP_USDC-PERPETUAL | −0.0552% | 1h | 0.1246 | −0.875% | $31K | $112K | 25x | as long as short |
| Hyperliquid OP | −0.0474% | 1h | 0.1247 | −0.827% | $3.8M | $4.0M | 5x | as long as short |
| Orderly PERP_OP_USDC | −0.0059% | 8h | 0.1246 | −0.875% | $12K | $232K | 10x | as long as short |
| Coinbase International OP-PERP-INTX | −0.0048% | 1h | 0.1244 | −1.034% | $25K | $67K | 50x | as long as short |
| SoDEX OP-USD | −0.0024% | 1h | 0.1246 | −0.867% | $194 | $5K | 5x | as long as short |
| Binance OPUSDT | −0.0019% | 8h | 0.1246 | −0.843% | $19.2M | $66.0M | 75x | as long as short |
| MEXC OP_USDT | −0.0018% | 8h | 0.1246 | −0.835% | $22.1M | $7.3M | 300x | as long as short |
| Extended OP-USD | −0.0016% | 1h | 0.1246 | −0.868% | $100K | $581K | 25x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1248 | −0.716% | $39K | $522 | 10x | as long as short |
GMX OP/USD [OP-USDC]
Deribit OP_USDC-PERPETUAL
Hyperliquid OP
Orderly PERP_OP_USDC
Coinbase International OP-PERP-INTX
SoDEX OP-USD
Binance OPUSDT
MEXC OP_USDT
Extended OP-USD
dYdX OP-USDShow all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1246 | −0.891% | — | — | 150x | as long as short |
| Gate OP_USDT | +0.0015% | 8h | 0.1247 | −0.780% | $2.0M | $1.3M | 50x | as long as short |
| Injective OP/USDC PERPlong | +0.0033% | 1h | 0.1257 | long leg | $35K | $67K | 12x | |
| GRVT OP_USDT_Perp | +0.0039% | 8h | 0.1247 | −0.830% | $304K | $5.5M | 10x | as long as short |
| Variational Omni OP | +0.0065% | 8h | 0.1244 | −1.022% | $220K | $46K | — | as long as short |
| Aevo OP-PERP | +0.0080% | 1h | 0.1247 | −0.806% | $3K | $1K | 3x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1247 | −0.780% | $264K | $1.1M | 15x | as long as short |
| Aster OPUSDT | +0.0100% | 8h | 0.1247 | −0.796% | $207K | $211K | 10x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1246 | −0.835% | $18.1M | $24.6M | 75x | as long as short |
| OKX OP-USDT-SWAP | +0.0100% | 8h | 0.1246 | −0.843% | $6.0M | $27.8M | 50x | as long as short |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1246 | −0.875% | $2.9M | $5.6M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1247 | −0.796% | $5.8M | $6.7M | 75x | as long as short |
| BingX OP-USDT | +0.0100% | 8h | 0.1247 | −0.811% | — | $6.5M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1246 | −0.883% | $109K | $219K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1244 | −1.038% | $4K | $1.1M | 10x | as long as short |
| ApeX Omni OPUSDTshort | +0.0100% | 1h | 0.1244 | −1.034% | $43K | $688K | 50x | |
| HTX OP-USDT | +0.0100% | 8h | 0.1247 | −0.764% | $169K | $252K | 50x | as long as short |
| BloFin OP-USDT | +0.0101% | 8h | 0.1247 | −0.788% | $983K | $282K | 75x | as long as short |
| Kraken Futures PF_OPUSD | +0.0155% | 1h | 0.1248 | −0.692% | $742K | $746K | 20x | as long as short |
| Reya OPRUSDPERP | +0.0446% | 1h | 0.1246 | −0.894% | $693 | — | 20x | as long as short |
gTrade (Gains Network) OP/USD
Gate OP_USDT
GRVT OP_USDT_Perp
Variational Omni OP
Aevo OP-PERP
Lighter OP
Aster OPUSDT
Bybit OPUSDT
OKX OP-USDT-SWAP
KuCoin OPUSDTM
Bitget OPUSDT
BingX OP-USDT
Backpack OP_USDC_PERP
edgeX OPUSDC
HTX OP-USDT
BloFin OP-USDT
Kraken Futures PF_OPUSD
Reya OPRUSDPERP