Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.025%
Price spread now: SoDEX against Binance−0.141%45s7-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: SoDEX is 0.141% cheaper against Binance than usual: you would sell low and buy high, −$14 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 45 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 | Binance OPUSDT | 0.1276 | 0.0100 | pay 0.0100% / 8h | 2h 49m | $20.6M | $61.3M | 75x |
| Short | SoDEX OP-USD | 0.1274 | 0.0100 | get 0.0013% / 1h | 49m 27s | $206 | $6K | 5x |
Binance OPUSDT
SoDEX OP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Binance. 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: −0.141% → 0.000%
- −$14.11
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$32.11
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 8 min ago; SoDEX: 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 Binance live order book, 8 min ago | 0.39 bp | 10.8 bp −$11 | 20.7 bp −$207 | 99.5 bp −$9,945 | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
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 | −0.1583% | 1h | 0.1268 | −0.635% | $35K | $58K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1276 | +0.006% | $13K | — | 100x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1277 | +0.085% | $39K | $532 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1276 | −0.008% | $42K | $138K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1276 | −0.002% | — | — | 150x | as long as short |
| Variational Omni OP | +0.0033% | 8h | 0.1274 | −0.178% | $225K | $48K | — | as long as short |
| Orderly PERP_OP_USDC | +0.0054% | 8h | 0.1275 | −0.086% | $6K | $47K | 10x | as long as short |
| Kraken Futures PF_OPUSD | +0.0073% | 1h | 0.1275 | −0.067% | $778K | $551K | 20x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1278 | +0.125% | $296K | $969K | 15x | as long as short |
| Hyperliquid OP | +0.0100% | 1h | 0.1278 | +0.157% | $3.7M | $2.7M | 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
Kraken Futures PF_OPUSD
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 | 0.1276 | +0.016% | $213K | $214K | 10x | as long as short |
| Binance OPUSDTlong | +0.0100% | 8h | 0.1276 | long leg | $20.6M | $61.3M | 75x | |
| Bybit OPUSDT | +0.0100% | 8h | 0.1275 | −0.086% | $18.7M | $25.0M | 75x | as long as short |
| OKX OP-USDT-SWAP | +0.0100% | 8h | 0.1276 | −0.039% | $6.3M | $28.8M | 50x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1277 | +0.047% | $2.0M | $1.5M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1277 | +0.047% | $21.8M | $7.2M | 300x | as long as short |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1276 | −0.008% | $2.9M | $6.3M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1276 | −0.008% | $5.9M | $6.5M | 75x | as long as short |
| BingX OP-USDC | +0.0100% | 8h | 0.1275 | −0.086% | — | $1.6M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1275 | −0.047% | $117K | $206K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1274 | −0.165% | $144K | $538K | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1275 | −0.090% | $312K | $5.1M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1275 | −0.086% | $44K | $706K | 50x | as long as short |
| SoDEX OP-USDshort | +0.0100% | 1h | 0.1274 | −0.141% | $206 | $6K | 5x | |
| HTX OP-USDT | +0.0100% | 8h | 0.1277 | +0.055% | $173K | $228K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1274 | −0.133% | $102K | $505K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1275 | −0.067% | $3K | $1K | 3x | as long as short |
| Coinbase International OP-PERP-INTX | +0.0160% | 1h | 0.1275 | −0.086% | $25K | $57K | 50x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1275 | −0.102% | $1.0M | $282K | 75x | as long as short |
| Reya OPRUSDPERP | +0.0442% | 1h | 0.1275 | −0.048% | $709 | — | 20x | as long as short |
Aster OPUSDT
Bybit OPUSDT
OKX OP-USDT-SWAP
Gate OP_USDT
MEXC OP_USDT
KuCoin OPUSDTM
Bitget OPUSDT
BingX OP-USDC
Backpack OP_USDC_PERP
edgeX OPUSDC
GRVT OP_USDT_Perp
ApeX Omni OPUSDT
HTX OP-USDT
Extended OP-USD
Aevo OP-PERP
Coinbase International OP-PERP-INTX
BloFin OP-USDT
Reya OPRUSDPERP