Funding you earn now, next payment 22:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h −0.005%
Price spread now: Aevo against Lighter−0.002%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter OP | 0.1255 | 0.0096 | pay 0.0012% / 1h | 35m 04s | $271K | $905K | 15x |
| Short | Aevo OP-PERP | 0.1255 | 0.0104 | get 0.0013% / 1h | 35m 04s | $4K | — | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Lighter. 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
- $1.68
- Price spread: −0.002% → 0.000%
- −$0.16
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$14.48
- Costs to cover
- 0.160%
- Break-even
- 67.3 days
Slippage unknown: Lighter: live order book, 50 min ago; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 50 min ago | 5.20 bp | 17.9 bp −$18 | 46.4 bp −$464 | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective OP/USDC PERP | −0.1658% | 1h | 0.1246 | −0.741% | $34K | $58K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1066% / S +0.0229% | 1h | 0.1254 | −0.073% | $13K | — | 100x | as long as short |
| Coinbase International OP-PERP-INTX | −0.0328% | 1h | 0.1243 | −0.980% | $21K | $64K | 50x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1254 | −0.115% | $39K | $519 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1255 | −0.024% | $41K | $172K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1255 | −0.051% | — | — | 150x | as long as short |
| Variational Omni OP | +0.0020% | 8h | 0.1252 | −0.262% | $229K | $45K | — | as long as short |
| Orderly PERP_OP_USDC | +0.0031% | 8h | 0.1254 | −0.104% | $6K | $51K | 10x | as long as short |
| OKX OP-USDT-SWAP | +0.0096% | 8h | 0.1254 | −0.096% | $5.8M | $29.5M | 50x | as long as short |
| Lighter OPlong | +0.0096% | 1h | 0.1255 | long leg | $271K | $905K | 15x |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid OP | +0.0100% | 1h | 0.1256 | +0.040% | $3.9M | $2.9M | 5x | as long as short |
| Aster OPUSDT | +0.0100% | 8h | 0.1255 | +0.001% | $211K | $241K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1254 | −0.104% | $20.3M | $62.6M | 75x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1254 | −0.127% | $18.5M | $25.3M | 75x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1254 | −0.088% | $1.8M | $1.5M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1254 | −0.072% | $20.1M | $7.2M | 300x | as long as short |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1254 | −0.104% | $2.9M | $7.5M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1255 | −0.024% | $6.0M | $6.2M | 75x | as long as short |
| BingX OP-USDT | +0.0100% | 8h | 0.1254 | −0.112% | — | $6.9M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1254 | −0.096% | $127K | $188K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1252 | −0.262% | $9K | $378K | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1253 | −0.152% | $310K | $5.1M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1254 | −0.104% | $45K | $719K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1254 | −0.080% | $174 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1255 | −0.032% | $174K | $234K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1254 | −0.107% | $100K | $186K | 25x | as long as short |
| Aevo OP-PERPshort | +0.0104% | 1h | 0.1255 | −0.002% | $4K | — | 3x | |
| Kraken Futures PF_OPUSD | +0.0137% | 1h | 0.1255 | −0.006% | $776K | $733K | 20x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1255 | −0.024% | $998K | $280K | 75x | as long as short |
| Reya OPRUSDPERP | +0.0436% | 1h | 0.1255 | −0.060% | $698 | — | 20x | as long as short |
Lighter OP
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
Coinbase International OP-PERP-INTX
Deribit OP_USDC-PERPETUAL
gTrade (Gains Network) OP/USD
Variational Omni OP
OKX OP-USDT-SWAP
Hyperliquid OP
Aster OPUSDT
Binance OPUSDT
Bybit OPUSDT
Gate OP_USDT
MEXC OP_USDT
KuCoin OPUSDTM
Bitget OPUSDT
BingX OP-USDT
Backpack OP_USDC_PERP
edgeX OPUSDC
GRVT OP_USDT_Perp
ApeX Omni OPUSDT
SoDEX OP-USD
HTX OP-USDT
Extended OP-USD
Kraken Futures PF_OPUSD
BloFin OP-USDT