Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.005%
Price spread now: Extended against MEXC−0.060%7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$640.644% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.020%−$2 · spread now −0.060%, 7d avg −0.072%
=Together, before fees−0.021%+ Points / potential airdropExtended: Active · farm board−$2 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC OP_USDT | 0.1265 | 0.0100 | pay 0.0100% / 8h | 7h 40m | $20.2M | $7.3M | 300x |
| Short | Extended OP-USD | 0.1264 | 0.0104 | get 0.0013% / 1h | 40m 13s | $101K | $327K | 25x |
MEXC OP_USDT
Extended OP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against MEXC. 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: −0.060% → −0.072%
- $1.19
- Slippage, 4 orders
- −$59.43
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$62.4
- Costs to cover
- 0.644%
- Break-even
- 527.0 days
Slippage from MEXC: live order book, 3 min ago; Extended: live order book, 31 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 MEXC live order book, 3 min ago | 0.79 bp | 3.8 bp −$4 | 21.9 bp −$219 | 69.9 bp −$6,995 | 113.5 bp −$56.7K |
| Sell Extended live order book, 31 min ago | 19.68 bp | 28.9 bp −$29 | 145.6 bp −$1,456 | doesn't fit | doesn't fit |
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 | 0.1259 | −0.482% | $35K | $58K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1265 | +0.012% | $13K | — | 100x | as long as short |
| Coinbase International OP-PERP-INTX | −0.0352% | 1h | 0.1262 | −0.245% | $21K | $64K | 50x | as long as short |
| Bybit OPUSDT | −0.0115% | 8h | 0.1264 | −0.095% | $18.4M | $26.0M | 75x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1264 | −0.079% | $39K | $519 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1265 | −0.008% | $42K | $171K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1265 | +0.028% | — | — | 150x | as long as short |
| Variational Omni OP | +0.0049% | 8h | 0.1263 | −0.205% | $230K | $47K | — | as long as short |
| Orderly PERP_OP_USDC | +0.0056% | 8h | 0.1265 | −0.008% | $6K | $49K | 10x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1266 | +0.063% | $283K | $948K | 15x | as long as short |
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
Coinbase International OP-PERP-INTX
Bybit OPUSDT
dYdX OP-USD
Deribit OP_USDC-PERPETUAL
gTrade (Gains Network) OP/USD
Variational Omni OP
Orderly PERP_OP_USDC
Lighter OPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid OP | +0.0100% | 1h | 0.1265 | 0.000% | $4.0M | $2.9M | 5x | as long as short |
| Aster OPUSDT | +0.0100% | 8h | 0.1265 | +0.015% | $211K | $236K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1265 | −0.032% | $20.5M | $62.0M | 75x | as long as short |
| OKX OP-USDT-SWAP | +0.0100% | 8h | 0.1263 | −0.126% | $6.1M | $29.9M | 50x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1265 | −0.024% | $1.9M | $1.5M | 50x | as long as short |
| MEXC OP_USDTlong | +0.0100% | 8h | 0.1265 | long leg | $20.2M | $7.3M | 300x | |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1265 | −0.008% | $2.9M | $7.2M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1265 | −0.008% | $6.0M | $6.4M | 75x | as long as short |
| BingX OP-USDT | +0.0100% | 8h | 0.1264 | −0.111% | — | $6.8M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1264 | −0.055% | $121K | $189K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1266 | +0.089% | $4K | $390K | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1266 | +0.056% | $311K | $4.9M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1267 | +0.150% | $43K | $723K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1265 | −0.016% | $185 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1265 | +0.016% | $175K | $234K | 50x | as long as short |
| Extended OP-USDshort | +0.0104% | 1h | 0.1264 | −0.060% | $101K | $327K | 25x | |
| Aevo OP-PERP | +0.0104% | 1h | 0.1265 | −0.047% | $3K | $1K | 3x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1265 | −0.047% | $1.0M | $270K | 75x | as long as short |
| Kraken Futures PF_OPUSD | +0.0383% | 1h | 0.1266 | +0.056% | $798K | $754K | 20x | as long as short |
| Reya OPRUSDPERP | +0.0438% | 1h | 0.1264 | −0.065% | $703 | — | 20x | as long as short |
Hyperliquid OP
Aster OPUSDT
Binance OPUSDT
OKX OP-USDT-SWAP
Gate 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
Aevo OP-PERP
BloFin OP-USDT
Kraken Futures PF_OPUSD
Reya OPRUSDPERP