Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.025%
Price spread now: MEXC against SoDEX−0.079%7-day average — · you buy dearer than you sell
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: MEXC is 0.079% cheaper against SoDEX than usual: you would sell low and buy high, −$8 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 | 0.1273 | 0.0100 | pay 0.0013% / 1h | 50m 03s | $200 | $6K | 5x |
| Short | MEXC OP_USDT | 0.1273 | 0.0100 | get 0.0100% / 8h | 3h 50m | $21.5M | $7.2M | 300x |
SoDEX OP-USD
MEXC OP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.079% → 0.000%
- −$7.85
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$15.85
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; MEXC: 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 MEXC live order book, 4 min ago | 0.78 bp | 3.7 bp −$4 | 40.9 bp −$409 | 70.8 bp −$7,078 | 124.5 bp −$62.2K |
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 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 | −0.1568% | 1h | 0.1271 | −0.196% | $35K | $58K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1274 | +0.060% | $13K | — | 100x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1278 | +0.376% | $39K | $519 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1274 | +0.039% | $42K | $138K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1275 | +0.090% | — | — | 150x | as long as short |
| Coinbase International OP-PERP-INTX | +0.0032% | 1h | 0.1281 | +0.589% | $25K | $64K | 50x | as long as short |
| Orderly PERP_OP_USDC | +0.0054% | 8h | 0.1275 | +0.118% | $6K | $45K | 10x | as long as short |
| Kraken Futures PF_OPUSD | +0.0056% | 1h | 0.1274 | +0.028% | $784K | $552K | 20x | as long as short |
| Variational Omni OP | +0.0060% | 8h | 0.1279 | +0.426% | $226K | $48K | — | as long as short |
| OKX OP-USDT-SWAP | +0.0075% | 8h | 0.1272 | −0.110% | $6.3M | $28.7M | 50x | 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
Coinbase International OP-PERP-INTX
Orderly PERP_OP_USDC
Kraken Futures PF_OPUSD
Variational Omni OP
OKX OP-USDT-SWAPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter OP | +0.0096% | 1h | 0.1274 | +0.016% | $280K | $942K | 15x | as long as short |
| Hyperliquid OP | +0.0100% | 1h | 0.1274 | +0.055% | $3.7M | $2.8M | 5x | as long as short |
| Aster OPUSDT | +0.0100% | 8h | 0.1275 | +0.149% | $213K | $216K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1272 | −0.108% | $20.6M | $60.7M | 75x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1272 | −0.133% | $18.7M | $24.9M | 75x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1274 | +0.039% | $2.0M | $1.4M | 50x | as long as short |
| MEXC OP_USDTshort | +0.0100% | 8h | 0.1273 | −0.079% | $21.5M | $7.2M | 300x | |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1272 | −0.118% | $2.9M | $6.4M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1272 | −0.118% | $5.9M | $6.5M | 75x | as long as short |
| BingX OP-USDT | +0.0100% | 8h | 0.1273 | 0.000% | — | $6.3M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1272 | −0.094% | $122K | $202K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1273 | −0.012% | $4K | $388K | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1276 | +0.214% | $319K | $5.1M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1274 | +0.039% | $44K | $711K | 50x | as long as short |
| SoDEX OP-USDlong | +0.0100% | 1h | 0.1273 | long leg | $200 | $6K | 5x | |
| HTX OP-USDT | +0.0100% | 8h | 0.1276 | +0.173% | $173K | $232K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1272 | −0.130% | $102K | $393K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1274 | +0.022% | $3K | $1K | 3x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1278 | +0.330% | $1.0M | $282K | 75x | as long as short |
| Reya OPRUSDPERP | +0.0441% | 1h | 0.1273 | −0.005% | $708 | — | 20x | as long as short |
Lighter OP
Hyperliquid OP
Aster OPUSDT
Binance OPUSDT
Bybit OPUSDT
Gate 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
Aevo OP-PERP
BloFin OP-USDT
Reya OPRUSDPERP