Settings8H · net · $10k
Funding arb · Price arb /

OP

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Bitget0.000%7-day average · you sell dearer than you buy
Net, funding: paid 7d − costs−$242as in the Funding arb table
Net, price: spread back to 7d avg − costs−$242as in the Price arb table
costs, in and out, $10k−$2422.419% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget OPUSDT0.12750.0100pay 0.0100% / 8h7h 09m$6.0M$6.4M75x
ShortBingX OP-USDC0.12750.0100get 0.0100% / 8h7h 09m$1.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bitget. 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

Funding earned
$0
Price spread: 0.000% → 0.000%
$0
Slippage, 4 orders
−$219.91
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$241.91
Costs to cover
2.419%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; BingX: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 3 min ago3.91 bp14.5 bp −$1426.3 bp −$26397.7 bp −$9,772doesn't fit
Sell BingX live order book, 7 min ago7.89 bp103.5 bp −$104830.2 bp −$8,3021119.2 bp −$111.9Kdoesn't fit

OP on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective OP/USDC PERP−0.1656%1h0.1272−0.235%$35K$58K12xas long as short
GMX OP/USD [OP-USDC]L −0.1065% / S +0.0229%1h0.1273−0.127%$13K100xas long as short
Coinbase International OP-PERP-INTX−0.0352%1h0.1279+0.314%$25K$77K50xas long as short
dYdX OP-USD0.0000%1h0.1276+0.070%$39K$51910xas long as short
Deribit OP_USDC-PERPETUAL0.0000%1h0.1274−0.078%$42K$167K25xas long as short
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0004%1h0.1274−0.078%150xas long as short
Variational Omni OP+0.0053%8h0.1272−0.252%$232K$46Kas long as short
Orderly PERP_OP_USDC+0.0058%8h0.1274−0.078%$6K$47K10xas long as short
Lighter OP+0.0096%1h0.1275−0.031%$284K$953K15xas long as short
Hyperliquid OP+0.0100%1h0.1276+0.078%$4.0M$2.9M5xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster OPUSDT+0.0100%8h0.1275−0.010%$213K$236K10xas long as short
Binance OPUSDT+0.0100%8h0.1275+0.015%$20.6M$62.1M75xas long as short
Bybit OPUSDT+0.0100%8h0.1275−0.031%$18.5M$26.0M75xas long as short
OKX OP-USDT-SWAP+0.0100%8h0.1275−0.008%$6.2M$30.3M50xas long as short
Gate OP_USDT+0.0100%8h0.1275+0.008%$2.0M$1.6M50xas long as short
MEXC OP_USDT+0.0100%8h0.1275+0.008%$20.2M$7.4M300xas long as short
KuCoin OPUSDTM+0.0100%8h0.12750.000%$2.9M$7.1M75xas long as short
Bitget OPUSDTlong+0.0100%8h0.1275long leg$6.0M$6.4M75x
BingX OP-USDCshort+0.0100%8h0.12750.000%$1.6M
Backpack OP_USDC_PERP+0.0100%1h0.1274−0.086%$123K$190K10xas long as short
edgeX OPUSDC+0.0100%4h0.1277+0.156%$4K$392K10xas long as short
GRVT OP_USDT_Perp+0.0100%8h0.1276+0.095%$315K$5.1M10xas long as short
ApeX Omni OPUSDT+0.0100%1h0.1279+0.314%$44K$725K50xas long as short
SoDEX OP-USD+0.0100%1h0.1273−0.125%$179$6K5xas long as short
HTX OP-USDT+0.0100%8h0.1276+0.102%$176K$235K50xas long as short
Extended OP-USD+0.0104%1h0.1275−0.006%$107K$389K25xas long as short
Aevo OP-PERP+0.0104%1h0.1274−0.096%$3K$1K3xas long as short
BloFin OP-USDT+0.0220%8h0.1272−0.267%$1.0M$275K75xas long as short
Kraken Futures PF_OPUSD+0.0381%1h0.1274−0.062%$805K$755K20xas long as short
Reya OPRUSDPERP+0.0439%1h0.1274−0.085%$70820xas long as short