Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against SoDEX+0.271%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.271% dearer against SoDEX than usual: you sell high and buy low, +$27 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX OP-USD | 0.1257 | 0.0100 | pay 0.0013% / 1h | 28m 28s | $175 | $6K | 5x |
| Short | Gate OP_USDT | 0.1260 | 0.0100 | get 0.0100% / 8h | 6h 28m | $1.9M | $1.5M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against SoDEX. 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: +0.271% → 0.000%
- $27.05
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $4.05
- Costs to cover
- 0.230%
- Break-even
- from the start
Slippage unknown: SoDEX: no order-book sample; Gate: live order book, 4 min ago. 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 4 min ago | 3.17 bp | 29.6 bp −$30 | 69.8 bp −$698 | doesn't fit | doesn't fit |
SoDEX: 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 29 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 | −0.1535% | 1h | 0.1255 | −0.135% | $35K | $58K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1259 | +0.184% | $13K | — | 100x | as long as short |
| Coinbase International OP-PERP-INTX | −0.0184% | 1h | 0.1279 | +1.774% | $25K | $75K | 50x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1260 | +0.247% | $39K | $519 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1258 | +0.103% | $41K | $151K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1259 | +0.175% | — | — | 150x | as long as short |
| Variational Omni OP | +0.0050% | 8h | 0.1259 | +0.211% | $224K | $51K | — | as long as short |
| Orderly PERP_OP_USDC | +0.0058% | 8h | 0.1259 | +0.183% | $6K | $47K | 10x | as long as short |
| OKX OP-USDT-SWAP | +0.0083% | 8h | 0.1261 | +0.358% | $6.0M | $29.8M | 50x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1260 | +0.223% | $280K | $949K | 15x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid OP | +0.0100% | 1h | 0.1259 | +0.191% | $3.8M | $3.0M | 5x | as long as short |
| Aster OPUSDT | +0.0100% | 8h | 0.1259 | +0.191% | $210K | $229K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1261 | +0.320% | $20.3M | $62.2M | 75x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1261 | +0.334% | $18.3M | $26.1M | 75x | as long as short |
| Gate OP_USDTshort | +0.0100% | 8h | 0.1260 | +0.271% | $1.9M | $1.5M | 50x | |
| MEXC OP_USDT | +0.0100% | 8h | 0.1259 | +0.199% | $20.6M | $7.5M | 300x | as long as short |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1259 | +0.183% | $2.9M | $6.9M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1261 | +0.342% | $5.9M | $6.6M | 75x | as long as short |
| BingX OP-USDT | +0.0100% | 8h | 0.1260 | +0.263% | — | $6.9M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1258 | +0.080% | $124K | $203K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1260 | +0.225% | $4K | $391K | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1255 | −0.136% | $309K | $5.3M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1260 | +0.263% | $43K | $712K | 50x | as long as short |
| SoDEX OP-USDlong | +0.0100% | 1h | 0.1257 | long leg | $175 | $6K | 5x | |
| HTX OP-USDT | +0.0100% | 8h | 0.1260 | +0.286% | $174K | $226K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1260 | +0.254% | $103K | $393K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1258 | +0.113% | $3K | $1K | 3x | as long as short |
| Reya OPRUSDPERP | +0.0439% | 1h | 0.1261 | +0.373% | $701 | — | 20x | as long as short |
| Kraken Futures PF_OPUSD | +0.0464% | 1h | 0.1258 | +0.129% | $795K | $593K | 20x | as long as short |
SoDEX OP-USD
Gate OP_USDT
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
Lighter OP
Hyperliquid OP
Aster OPUSDT
Binance OPUSDT
Bybit OPUSDT
MEXC OP_USDT
KuCoin OPUSDTM
Bitget OPUSDT
BingX OP-USDT
Backpack OP_USDC_PERP
edgeX OPUSDC
GRVT OP_USDT_Perp
ApeX Omni OPUSDT
HTX OP-USDT
Extended OP-USD
Kraken Futures PF_OPUSD