Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: BingX against ApeX Omni−0.411%83s7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$610.615% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.131%+$13 · spread now −0.411%, 7d avg −0.074%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.337% cheaper against ApeX Omni than usual: you would sell low and buy high, −$34 on $10k if it goes back to its 7-day average of −0.074%. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni OPUSDT | 0.1266 | 0.0100 | pay 0.0013% / 1h | 24m 00s | $43K | $709K | 50x |
| Short | BingX OP-USDT | 0.1261 | 0.0100 | get 0.0100% / 8h | 3h 24m | — | $6.3M | — |
ApeX Omni OPUSDT
BingX OP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against ApeX Omni. 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: −0.411% → −0.074%
- −$33.69
- Slippage, 4 orders
- −$41.49
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$95.18
- Costs to cover
- 0.615%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 30 min ago; BingX: live order book, 11 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 ApeX Omni live order book, 30 min ago | 11.76 bp | 19.9 bp −$20 | 125.1 bp −$1,251 | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 0.39 bp | 9.6 bp −$10 | 15.0 bp −$150 | 76.6 bp −$7,658 | 330.1 bp −$165.1K |
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 | 0.1258 | −0.632% | $35K | $58K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1261 | −0.367% | $13K | — | 100x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1263 | −0.257% | $39K | $532 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1262 | −0.316% | $42K | $138K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1262 | −0.344% | — | — | 150x | as long as short |
| Coinbase International OP-PERP-INTX | +0.0032% | 1h | 0.1270 | +0.316% | $25K | $58K | 50x | as long as short |
| Variational Omni OP | +0.0045% | 8h | 0.1264 | −0.172% | $223K | $48K | — | as long as short |
| Orderly PERP_OP_USDC | +0.0054% | 8h | 0.1261 | −0.395% | $6K | $46K | 10x | as long as short |
| Kraken Futures PF_OPUSD | +0.0057% | 1h | 0.1261 | −0.361% | $774K | $553K | 20x | as long as short |
| OKX OP-USDT-SWAP | +0.0090% | 8h | 0.1262 | −0.284% | $6.2M | $28.5M | 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
Variational Omni OP
Orderly PERP_OP_USDC
Kraken Futures PF_OPUSD
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 | 0.1262 | −0.355% | $274K | $946K | 15x | as long as short |
| Hyperliquid OP | +0.0100% | 1h | 0.1264 | −0.126% | $3.7M | $2.8M | 5x | as long as short |
| Aster OPUSDT | +0.0100% | 8h | 0.1264 | −0.157% | $211K | $216K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1263 | −0.213% | $20.4M | $61.0M | 75x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1262 | −0.284% | $18.6M | $24.9M | 75x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1263 | −0.237% | $2.0M | $1.5M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1260 | −0.474% | $21.1M | $7.3M | 300x | as long as short |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1261 | −0.395% | $2.8M | $6.4M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1262 | −0.316% | $5.8M | $6.5M | 75x | as long as short |
| BingX OP-USDTshort | +0.0100% | 8h | 0.1261 | −0.411% | — | $6.3M | — | |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1262 | −0.348% | $117K | $207K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1265 | −0.084% | $4K | $385K | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1269 | +0.237% | $317K | $5.0M | 10x | as long as short |
| ApeX Omni OPUSDTlong | +0.0100% | 1h | 0.1266 | long leg | $43K | $709K | 50x | |
| SoDEX OP-USD | +0.0100% | 1h | 0.1260 | −0.442% | $193 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1263 | −0.245% | $171K | $232K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1262 | −0.343% | $102K | $393K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1261 | −0.412% | $3K | $1K | 3x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1264 | −0.134% | $1.0M | $280K | 75x | as long as short |
| Reya OPRUSDPERP | +0.0442% | 1h | 0.1261 | −0.371% | $701 | — | 20x | as long as short |
Lighter OP
Hyperliquid OP
Aster OPUSDT
Binance OPUSDT
Bybit OPUSDT
Gate OP_USDT
MEXC OP_USDT
KuCoin OPUSDTM
Bitget OPUSDT
Backpack OP_USDC_PERP
edgeX OPUSDC
GRVT OP_USDT_Perp
SoDEX OP-USD
HTX OP-USDT
Extended OP-USD
Aevo OP-PERP
BloFin OP-USDT
Reya OPRUSDPERP