OP

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.02 per $10,000 · paid last 24h −0.102%

Price spread now: Coinbase International against ApeX Omni−0.161%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on ApeX Omni Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.298%−$30 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Coinbase International is 0.161% cheaper against ApeX Omni than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni OPUSDT	0.1244	0.0100	pay 0.0013% / 1h	17m 20s	$43K	$697K	50x
Short	Coinbase International OP-PERP-INTX	0.1242	0.0080	get 0.0010% / 1h	17m 20s	$24K	$65K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ApeX OmnibpFee Coinbase InternationalbpOrdersPrice spread, now −0.161%Rate

Funding earned: −$4.2
Price spread: −0.161% → 0.000%: −$16.08
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$40.28
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: ApeX Omni: live order book, 21 min ago; Coinbase International: no order-book sample. 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 ApeX Omni live order book, 21 min ago	12.01 bp	20.5 bp −$20	114.2 bp −$1,142	doesn't fit	doesn't fit
Sell Coinbase International no order-book sample	—	—	—	—	—

Coinbase International: 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	−0.1660%	1h	0.1235	−0.723%	$34K	$63K	12x	as long as short
GMX OP/USD [OP-USDC]	L −0.1164% / S +0.0246%	1h	0.1246	+0.185%	$13K	—	100x	as long as short
Orderly PERP_OP_USDC	−0.0054%	8h	0.1246	+0.161%	$12K	$236K	10x	as long as short
dYdX OP-USD	0.0000%	1h	0.1248	+0.301%	$39K	$522	10x	as long as short
Deribit OP_USDC-PERPETUAL	0.0000%	1h	0.1247	+0.241%	$32K	$164K	25x	as long as short
gTrade (Gains Network) OP/USD	L +0.0004% / S −0.0004%	1h	0.1247	+0.225%	—	—	150x	as long as short
Variational Omni OP	+0.0053%	8h	0.1240	−0.295%	$220K	$47K	—	as long as short
KuCoin OPUSDTM	+0.0067%	8h	0.1245	+0.080%	$2.8M	$6.1M	75x	as long as short
Coinbase International OP-PERP-INTXshort	+0.0080%	1h	0.1242	−0.161%	$24K	$65K	50x
Lighter OP	+0.0096%	1h	0.1247	+0.265%	$288K	$1.1M	15x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid OP	+0.0100%	1h	0.1247	+0.273%	$3.5M	$3.6M	5x	as long as short
Aster OPUSDT	+0.0100%	8h	0.1247	+0.241%	$205K	$210K	10x	as long as short
Binance OPUSDT	+0.0100%	8h	0.1247	+0.249%	$19.6M	$67.6M	75x	as long as short
Bybit OPUSDT	+0.0100%	8h	0.1247	+0.217%	$18.2M	$26.3M	75x	as long as short
OKX OP-USDT-SWAP	+0.0100%	8h	0.1246	+0.161%	$5.9M	$29.5M	50x	as long as short
Gate OP_USDT	+0.0100%	8h	0.1247	+0.217%	$2.0M	$1.5M	50x	as long as short
MEXC OP_USDT	+0.0100%	8h	0.1247	+0.281%	$22.2M	$7.8M	300x	as long as short
Bitget OPUSDT	+0.0100%	8h	0.1247	+0.241%	$5.6M	$6.8M	75x	as long as short
BingX OP-USDC	+0.0100%	8h	0.1247	+0.241%	—	$1.6M	—	as long as short
Backpack OP_USDC_PERP	+0.0100%	1h	0.1246	+0.137%	$115K	$221K	10x	as long as short
edgeX OPUSDC	+0.0100%	4h	0.1244	+0.006%	$4K	$1.1M	10x	as long as short
GRVT OP_USDT_Perp	+0.0100%	8h	0.1245	+0.080%	$305K	$5.3M	10x	as long as short
ApeX Omni OPUSDTlong	+0.0100%	1h	0.1244	long leg	$43K	$697K	50x
SoDEX OP-USD	+0.0100%	1h	0.1246	+0.201%	$209	$6K	5x	as long as short
HTX OP-USDT	+0.0100%	8h	0.1247	+0.209%	$166K	$259K	50x	as long as short
Extended OP-USD	+0.0104%	1h	0.1246	+0.173%	$99K	$610K	25x	as long as short
Aevo OP-PERP	+0.0104%	1h	0.1246	+0.180%	$3K	$1K	3x	as long as short
Kraken Futures PF_OPUSD	+0.0165%	1h	0.1248	+0.329%	$741K	$678K	20x	as long as short
BloFin OP-USDT	+0.0220%	8h	0.1247	+0.241%	$998K	$324K	75x	as long as short
Reya OPRUSDPERP	+0.0444%	1h	0.1246	+0.182%	$693	—	20x	as long as short