Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.007%
Price spread now: SoDEX against Bybit+0.231%46s7-day average — · you sell dearer than you buy
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 0.231% dearer against Bybit than usual: you sell high and buy low, +$23 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 46 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 | Bybit OPUSDT | 0.1256 | 0.0100 | pay 0.0100% / 8h | 4h 39m | $18.4M | $25.2M | 75x |
| Short | SoDEX OP-USD | 0.1259 | 0.0100 | get 0.0013% / 1h | 39m 39s | $204 | $6K | 5x |
Bybit OPUSDT
SoDEX OP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Bybit. 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: +0.231% → 0.000%
- $23.09
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- $4.09
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, 4 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 Bybit live order book, 4 min ago | 0.79 bp | 12.6 bp −$13 | 29.2 bp −$292 | 102.4 bp −$10.2K | 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 | −0.1607% | 1h | 0.1253 | −0.247% | $35K | $58K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1260 | +0.331% | $13K | — | 100x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1258 | +0.157% | $39K | $519 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1260 | +0.310% | $42K | $151K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1260 | +0.317% | — | — | 150x | as long as short |
| OKX OP-USDT-SWAP | +0.0033% | 8h | 0.1257 | +0.040% | $6.1M | $28.7M | 50x | as long as short |
| Variational Omni OP | +0.0048% | 8h | 0.1258 | +0.137% | $222K | $49K | — | as long as short |
| Orderly PERP_OP_USDC | +0.0053% | 8h | 0.1260 | +0.310% | $6K | $45K | 10x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1259 | +0.199% | $278K | $939K | 15x | as long as short |
| Hyperliquid OP | +0.0100% | 1h | 0.1260 | +0.287% | $3.7M | $2.8M | 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
OKX OP-USDT-SWAP
Variational Omni OP
Orderly PERP_OP_USDC
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 | 0.1259 | +0.231% | $210K | $219K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1257 | +0.039% | $20.3M | $60.7M | 75x | as long as short |
| Bybit OPUSDTlong | +0.0100% | 8h | 0.1256 | long leg | $18.4M | $25.2M | 75x | |
| Gate OP_USDT | +0.0100% | 8h | 0.1258 | +0.143% | $2.0M | $1.4M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1258 | +0.159% | $21.1M | $7.1M | 300x | as long as short |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1257 | +0.072% | $2.9M | $6.6M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1258 | +0.151% | $5.8M | $6.5M | 75x | as long as short |
| BingX OP-USDT | +0.0100% | 8h | 0.1257 | +0.088% | — | $6.3M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1258 | +0.191% | $120K | $194K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1262 | +0.494% | $4K | $387K | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1260 | +0.283% | $317K | $5.1M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1258 | +0.151% | $43K | $710K | 50x | as long as short |
| SoDEX OP-USDshort | +0.0100% | 1h | 0.1259 | +0.231% | $204 | $6K | 5x | |
| HTX OP-USDT | +0.0100% | 8h | 0.1262 | +0.462% | $173K | $232K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1256 | −0.018% | $101K | $391K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1259 | +0.222% | $3K | $1K | 3x | as long as short |
| Coinbase International OP-PERP-INTX | +0.0168% | 1h | 0.1262 | +0.470% | $24K | $70K | 50x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1259 | +0.199% | $1.0M | $277K | 75x | as long as short |
| Kraken Futures PF_OPUSD | +0.0350% | 1h | 0.1260 | +0.290% | $786K | $573K | 20x | as long as short |
| Reya OPRUSDPERP | +0.0441% | 1h | 0.1260 | +0.302% | $701 | — | 20x | as long as short |
Aster OPUSDT
Binance OPUSDT
Gate OP_USDT
MEXC OP_USDT
KuCoin OPUSDTM
Bitget OPUSDT
BingX OP-USDT
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
Kraken Futures PF_OPUSD
Reya OPRUSDPERP