Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.027%
Price spread now: edgeX against OKX+0.158%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$560.563% of the position
Funding, last 7 days+0.083%+$8 on $10k
+Price spread, last 3 days (all we have)−0.048%−$5 · spread now +0.158%, 7d avg −0.005%
=Together, before fees+0.035%+ Points / potential airdropedgeX: Active · farm board+$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.163% dearer against OKX than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX OP-USDT-SWAP | 0.1262 | 0.0100 | pay 0.0100% / 8h | 7h 39m | $6.1M | $29.9M | 50x |
| Short | edgeX OPUSDC | 0.1264 | 0.0100 | get 0.0050% / 4h | 3h 39m | $4K | $390K | 10x |
OKX OP-USDT-SWAP
edgeX OPUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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: +0.158% → −0.005%
- $16.25
- Slippage, 4 orders
- −$37.32
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$40.07
- Costs to cover
- 0.563%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; edgeX: live order book, 34 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, 4 min ago | 0.40 bp | 9.4 bp −$9 | 28.1 bp −$281 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 34 min ago | 7.86 bp | 18.7 bp −$19 | 144.7 bp −$1,447 | 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 | 0.1258 | −0.293% | $35K | $58K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1263 | +0.126% | $13K | — | 100x | as long as short |
| Deribit OP_USDC-PERPETUAL | −0.0542% | 1h | 0.1262 | +0.024% | $42K | $171K | 25x | as long as short |
| Coinbase International OP-PERP-INTX | −0.0352% | 1h | 0.1262 | +0.024% | $21K | $64K | 50x | as long as short |
| Bybit OPUSDT | −0.0095% | 8h | 0.1261 | −0.024% | $18.3M | $26.0M | 75x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1265 | +0.261% | $39K | $519 | 10x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1264 | +0.164% | — | — | 150x | as long as short |
| Variational Omni OP | +0.0049% | 8h | 0.1263 | +0.064% | $230K | $47K | — | as long as short |
| Orderly PERP_OP_USDC | +0.0056% | 8h | 0.1263 | +0.103% | $6K | $49K | 10x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1263 | +0.119% | $283K | $948K | 15x | as long as short |
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
Deribit OP_USDC-PERPETUAL
Coinbase International OP-PERP-INTX
Bybit OPUSDT
dYdX OP-USD
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 | 0.1263 | +0.119% | $4.0M | $2.9M | 5x | as long as short |
| Aster OPUSDT | +0.0100% | 8h | 0.1263 | +0.138% | $211K | $236K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1263 | +0.095% | $20.4M | $62.0M | 75x | as long as short |
| OKX OP-USDT-SWAPlong | +0.0100% | 8h | 0.1262 | long leg | $6.1M | $29.9M | 50x | |
| Gate OP_USDT | +0.0100% | 8h | 0.1264 | +0.159% | $1.9M | $1.5M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1262 | +0.008% | $20.1M | $7.3M | 300x | as long as short |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1262 | +0.024% | $2.9M | $7.2M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1263 | +0.103% | $6.0M | $6.4M | 75x | as long as short |
| BingX OP-USDT | +0.0100% | 8h | 0.1262 | +0.024% | — | $6.8M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1262 | +0.032% | $121K | $189K | 10x | as long as short |
| edgeX OPUSDCshort | +0.0100% | 4h | 0.1264 | +0.158% | $4K | $390K | 10x | |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1266 | +0.325% | $311K | $4.9M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1264 | +0.182% | $43K | $724K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1262 | +0.016% | $184 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1263 | +0.135% | $174K | $234K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1261 | −0.024% | $101K | $340K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1263 | +0.083% | $3K | $1K | 3x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1262 | +0.032% | $1.0M | $270K | 75x | as long as short |
| Kraken Futures PF_OPUSD | +0.0384% | 1h | 0.1264 | +0.146% | $797K | $754K | 20x | as long as short |
| Reya OPRUSDPERP | +0.0438% | 1h | 0.1262 | +0.057% | $702 | — | 20x | as long as short |
Hyperliquid OP
Aster OPUSDT
Binance OPUSDT
Gate OP_USDT
MEXC OP_USDT
KuCoin OPUSDTM
Bitget OPUSDT
BingX OP-USDT
Backpack OP_USDC_PERP
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