Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against BingX+0.402%7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$580.584% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.122%−$12 · spread now +0.402%, 7d avg +0.074%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.328% dearer against BingX than usual: you sell high and buy low, +$33 on $10k if it goes back to its 7-day average of +0.074%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX OP-USDT | 0.1245 | 0.0100 | pay 0.0100% / 8h | 2h 27m | — | $6.6M | — |
| Short | ApeX Omni OPUSDT | 0.1250 | 0.0100 | get 0.0013% / 1h | 27m 19s | $43K | $705K | 50x |
BingX OP-USDT
ApeX Omni OPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against BingX. 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: +0.402% → +0.074%
- $32.77
- Slippage, 4 orders
- −$38.44
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$25.66
- Costs to cover
- 0.584%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; ApeX Omni: live order book, 21 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 BingX live order book, 10 min ago | 0.40 bp | 9.3 bp −$9 | 13.2 bp −$132 | 58.7 bp −$5,870 | 347.8 bp −$173.9K |
| Sell ApeX Omni live order book, 21 min ago | 11.77 bp | 21.0 bp −$21 | 114.0 bp −$1,140 | doesn't fit | doesn't fit |
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 | 0.1240 | −0.402% | $34K | $59K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1246 | +0.084% | $13K | — | 100x | as long as short |
| Deribit OP_USDC-PERPETUAL | −0.0553% | 1h | 0.1245 | 0.000% | $40K | $139K | 25x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1247 | +0.137% | $39K | $532 | 10x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1246 | +0.053% | — | — | 150x | as long as short |
| Orderly PERP_OP_USDC | +0.0018% | 8h | 0.1244 | −0.080% | $59K | $142K | 10x | as long as short |
| Variational Omni OP | +0.0022% | 8h | 0.1249 | +0.358% | $221K | $45K | — | as long as short |
| Kraken Futures PF_OPUSD | +0.0075% | 1h | 0.1247 | +0.133% | $750K | $628K | 20x | as long as short |
| Bybit OPUSDT | +0.0093% | 8h | 0.1244 | −0.064% | $18.3M | $25.5M | 75x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1246 | +0.104% | $289K | $988K | 15x | as long as short |
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
Deribit OP_USDC-PERPETUAL
dYdX OP-USD
gTrade (Gains Network) OP/USD
Orderly PERP_OP_USDC
Variational Omni OP
Kraken Futures PF_OPUSD
Bybit OPUSDT
Lighter OPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX OP-USDT-SWAP | +0.0099% | 8h | 0.1245 | −0.008% | $6.1M | $28.6M | 50x | as long as short |
| Hyperliquid OP | +0.0100% | 1h | 0.1246 | +0.088% | $3.4M | $2.9M | 5x | as long as short |
| Aster OPUSDT | +0.0100% | 8h | 0.1245 | +0.004% | $203K | $218K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1245 | −0.024% | $19.6M | $63.8M | 75x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1246 | +0.072% | $2.0M | $1.5M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1245 | −0.024% | $22.7M | $7.7M | 300x | as long as short |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1244 | −0.080% | $2.8M | $6.4M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1245 | 0.000% | $5.8M | $6.6M | 75x | as long as short |
| BingX OP-USDTlong | +0.0100% | 8h | 0.1245 | long leg | — | $6.6M | — | |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1246 | +0.064% | $105K | $214K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1250 | +0.383% | $379K | $766K | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1249 | +0.311% | $306K | $5.3M | 10x | as long as short |
| ApeX Omni OPUSDTshort | +0.0100% | 1h | 0.1250 | +0.402% | $43K | $705K | 50x | |
| SoDEX OP-USD | +0.0100% | 1h | 0.1245 | +0.008% | $191 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1246 | +0.096% | $171K | $236K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1244 | −0.050% | $100K | $505K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1245 | −0.026% | $3K | $1K | 3x | as long as short |
| Coinbase International OP-PERP-INTX | +0.0160% | 1h | 0.1247 | +0.161% | $26K | $59K | 50x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1245 | −0.016% | $992K | $275K | 75x | as long as short |
| Reya OPRUSDPERP | +0.0443% | 1h | 0.1245 | +0.040% | $693 | — | 20x | as long as short |
OKX OP-USDT-SWAP
Hyperliquid OP
Aster OPUSDT
Binance 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
Coinbase International OP-PERP-INTX
BloFin OP-USDT
Reya OPRUSDPERP