Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.052%
Price spread now: Bitget against OKX+0.063%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$520.524% of the position
Funding, last 7 days+0.063%+$6 on $10k
+Price spread, last 7 days−0.095%−$9 · spread now +0.063%, 7d avg +0.002%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.060% dearer against OKX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX OP-USDT-SWAP | 0.1278 | 0.0100 | pay 0.0100% / 8h | 33m 54s | $6.1M | $30.5M | 50x |
| Short | Bitget OPUSDT | 0.1279 | 0.0100 | get 0.0100% / 8h | 33m 54s | $6.1M | $6.3M | 75x |
OKX OP-USDT-SWAP
Bitget OPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against OKX. 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: +0.063% → +0.002%
- $6.04
- Slippage, 4 orders
- −$30.4
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$46.36
- Costs to cover
- 0.524%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; Bitget: live order book, 4 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 OKX live order book, 5 min ago | 0.39 bp | 11.4 bp −$11 | 31.2 bp −$312 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 3.90 bp | 17.6 bp −$18 | 31.4 bp −$314 | 91.3 bp −$9,133 | 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 | −0.1633% | 1h | 0.1273 | −0.407% | $35K | $58K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1279 | +0.066% | $13K | — | 100x | as long as short |
| Deribit OP_USDC-PERPETUAL | −0.0532% | 1h | 0.1278 | −0.016% | $42K | $171K | 25x | as long as short |
| Coinbase International OP-PERP-INTX | −0.0344% | 1h | 0.1276 | −0.172% | $21K | $65K | 50x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1281 | +0.203% | $40K | $519 | 10x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1279 | +0.080% | — | — | 150x | as long as short |
| Orderly PERP_OP_USDC | +0.0064% | 8h | 0.1279 | +0.063% | $6K | $50K | 10x | as long as short |
| Variational Omni OP | +0.0072% | 8h | 0.1276 | −0.148% | $234K | $54K | — | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1280 | +0.164% | $291K | $922K | 15x | as long as short |
| Hyperliquid OP | +0.0100% | 1h | 0.1280 | +0.125% | $4.1M | $2.9M | 5x | as long as short |
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
Deribit OP_USDC-PERPETUAL
Coinbase International OP-PERP-INTX
dYdX OP-USD
gTrade (Gains Network) OP/USD
Orderly PERP_OP_USDC
Variational Omni OP
Lighter OP
Hyperliquid OPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster OPUSDT | +0.0100% | 8h | 0.1279 | +0.079% | $214K | $241K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1279 | +0.050% | $20.7M | $61.8M | 75x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1278 | −0.016% | $18.5M | $25.8M | 75x | as long as short |
| OKX OP-USDT-SWAPlong | +0.0100% | 8h | 0.1278 | long leg | $6.1M | $30.5M | 50x | |
| Gate OP_USDT | +0.0100% | 8h | 0.1280 | +0.102% | $2.0M | $1.5M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1279 | +0.055% | $20.2M | $7.3M | 300x | as long as short |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1278 | −0.016% | $2.9M | $7.4M | 75x | as long as short |
| Bitget OPUSDTshort | +0.0100% | 8h | 0.1279 | +0.063% | $6.1M | $6.3M | 75x | |
| BingX OP-USDC | +0.0100% | 8h | 0.1279 | +0.063% | — | $1.6M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1279 | +0.031% | $124K | $189K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1279 | +0.031% | $9K | $383K | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1278 | −0.016% | $319K | $5.0M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1280 | +0.141% | $46K | $721K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1279 | +0.047% | $200 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1280 | +0.149% | $177K | $235K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1279 | +0.053% | $102K | $186K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1279 | +0.051% | $4K | — | 3x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1280 | +0.156% | $1.0M | $291K | 75x | as long as short |
| Kraken Futures PF_OPUSD | +0.0357% | 1h | 0.1280 | +0.153% | $801K | $746K | 20x | as long as short |
| Reya OPRUSDPERP | +0.0437% | 1h | 0.1278 | −0.009% | $711 | — | 20x | as long as short |
Aster OPUSDT
Binance OPUSDT
Bybit OPUSDT
Gate OP_USDT
MEXC OP_USDT
KuCoin OPUSDTM
BingX OP-USDC
Backpack OP_USDC_PERP
edgeX OPUSDC
GRVT OP_USDT_Perp
ApeX Omni OPUSDT
SoDEX OP-USD
HTX OP-USDT
Extended OP-USD
Aevo OP-PERP
BloFin OP-USDT
Kraken Futures PF_OPUSD
Reya OPRUSDPERP