Funding you earn now, next payment 08:00 UTC+0.0066%/8h= +7.3% APRnext payment +$0.66 per $10,000 · paid last 24h +0.027%
Price spread now: Gate against OKX0.000%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$720.723% of the position
Funding, last 7 days−0.064%−$6 on $10k
+Price spread, last 7 days−0.094%−$9 · spread now 0.000%, 7d avg +0.006%
=The price spread sits at its 7-day average of +0.006%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.064%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX OP-USDT-SWAP | 0.1265 | 0.0034 | pay 0.0034% / 8h | 5h 43m | $6.1M | $29.1M | 50x |
| Short | Gate OP_USDT | 0.1265 | 0.0100 | get 0.0100% / 8h | 5h 43m | $1.9M | $1.5M | 50x |
OKX OP-USDT-SWAP
Gate OP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $13.92
- Price spread: 0.000% → +0.006%
- −$0.62
- Slippage, 4 orders
- −$47.27
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$58.97
- Costs to cover
- 0.723%
- Break-even
- 36.7 days
Slippage from OKX: live order book, 5 min ago; Gate: 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 | 0.40 bp | 11.1 bp −$11 | 28.9 bp −$289 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 3.96 bp | 26.4 bp −$26 | 63.5 bp −$635 | 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 | −0.1488% | 1h | 0.1256 | −0.711% | $35K | $58K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1262 | −0.207% | $13K | — | 100x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1265 | −0.019% | $39K | $519 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1263 | −0.158% | $42K | $151K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1263 | −0.158% | — | — | 150x | as long as short |
| OKX OP-USDT-SWAPlong | +0.0034% | 8h | 0.1265 | long leg | $6.1M | $29.1M | 50x | |
| Variational Omni OP | +0.0048% | 8h | 0.1261 | −0.298% | $223K | $50K | — | as long as short |
| Orderly PERP_OP_USDC | +0.0054% | 8h | 0.1263 | −0.158% | $6K | $45K | 10x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1265 | +0.040% | $281K | $934K | 15x | as long as short |
| Hyperliquid OP | +0.0100% | 1h | 0.1265 | +0.016% | $3.7M | $3.0M | 5x | as long as short |
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
dYdX OP-USD
Deribit OP_USDC-PERPETUAL
gTrade (Gains Network) OP/USD
Variational Omni OP
Orderly PERP_OP_USDC
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 | 0.1265 | −0.008% | $211K | $229K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1266 | +0.047% | $20.5M | $60.6M | 75x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1265 | −0.032% | $18.4M | $25.3M | 75x | as long as short |
| Gate OP_USDTshort | +0.0100% | 8h | 0.1265 | 0.000% | $1.9M | $1.5M | 50x | |
| MEXC OP_USDT | +0.0100% | 8h | 0.1265 | −0.032% | $20.7M | $6.9M | 300x | as long as short |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1263 | −0.158% | $2.9M | $6.7M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1266 | +0.079% | $5.9M | $6.5M | 75x | as long as short |
| BingX OP-USDC | +0.0100% | 8h | 0.1264 | −0.079% | — | $1.6M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1262 | −0.229% | $121K | $195K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1263 | −0.155% | $4K | $391K | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1262 | −0.260% | $311K | $5.1M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1264 | −0.079% | $43K | $706K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1263 | −0.174% | $184 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1263 | −0.119% | $174K | $218K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1264 | −0.076% | $101K | $389K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1264 | −0.113% | $3K | $1K | 3x | as long as short |
| Coinbase International OP-PERP-INTX | +0.0152% | 1h | 0.1265 | 0.000% | $24K | $71K | 50x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1265 | +0.032% | — | $272K | 75x | as long as short |
| Reya OPRUSDPERP | +0.0440% | 1h | 0.1266 | +0.062% | $704 | — | 20x | as long as short |
| Kraken Futures PF_OPUSD | +0.0491% | 1h | 0.1264 | −0.086% | $798K | $581K | 20x | as long as short |
Aster OPUSDT
Binance OPUSDT
Bybit OPUSDT
MEXC OP_USDT
KuCoin OPUSDTM
Bitget OPUSDT
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
Coinbase International OP-PERP-INTX
BloFin OP-USDT
Reya OPRUSDPERP
Kraken Futures PF_OPUSD