Funding you earn now, next payment 03:00 UTC+0.0643%/8h= +70.4% APRnext payment +$0.80 per $10,000 · paid last 24h +0.060%
Price spread now: Aevo against Deribit+0.039%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Aevo is 0.039% dearer against Deribit than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit OP_USDC-PERPETUAL | 0.1266 | −0.0539 | get 0.0067% / 1h | 8m 32s | $42K | $151K | 25x |
| Short | Aevo OP-PERP | 0.1267 | 0.0104 | get 0.0013% / 1h | 8m 32s | $3K | $1K | 3x |
Deribit OP_USDC-PERPETUAL
Aevo OP-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Deribit. 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
- $135.03
- Price spread: +0.039% → 0.000%
- $3.95
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- $115.98
- Costs to cover
- 0.230%
- Break-even
- 1.0 days
Slippage unknown: Deribit: live order book, 55 min ago; Aevo: 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 Deribit live order book, 55 min ago | 7.91 bp | 11.4 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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 | −0.1488% | 1h | 0.1262 | −0.316% | $35K | $58K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1266 | +0.032% | $13K | — | 100x | as long as short |
| Deribit OP_USDC-PERPETUALlong | −0.0539% | 1h | 0.1266 | long leg | $42K | $151K | 25x | |
| dYdX OP-USD | 0.0000% | 1h | 0.1267 | +0.079% | $39K | $519 | 10x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1267 | +0.069% | — | — | 150x | as long as short |
| OKX OP-USDT-SWAP | +0.0033% | 8h | 0.1266 | −0.032% | $6.2M | $28.9M | 50x | as long as short |
| Variational Omni OP | +0.0051% | 8h | 0.1269 | +0.269% | $224K | $50K | — | as long as short |
| Orderly PERP_OP_USDC | +0.0053% | 8h | 0.1266 | 0.000% | $6K | $44K | 10x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1268 | +0.166% | $280K | $936K | 15x | as long as short |
| Hyperliquid OP | +0.0100% | 1h | 0.1269 | +0.213% | $3.7M | $3.0M | 5x | as long as short |
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
dYdX OP-USD
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 | 0.1267 | +0.067% | $212K | $229K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1267 | +0.078% | $20.5M | $60.7M | 75x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1265 | −0.047% | $18.5M | $25.3M | 75x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1267 | +0.079% | $2.0M | $1.6M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1268 | +0.150% | $20.9M | $7.1M | 300x | as long as short |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1266 | 0.000% | $2.9M | $6.7M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1267 | +0.079% | $5.9M | $6.5M | 75x | as long as short |
| BingX OP-USDT | +0.0100% | 8h | 0.1267 | +0.055% | — | $6.3M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1266 | −0.032% | $121K | $194K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1270 | +0.315% | $4K | $389K | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1271 | +0.384% | $313K | $4.8M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1273 | +0.553% | $44K | $707K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1266 | +0.024% | $184 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1267 | +0.047% | $175K | $216K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1266 | +0.027% | $106K | $389K | 25x | as long as short |
| Aevo OP-PERPshort | +0.0104% | 1h | 0.1267 | +0.039% | $3K | $1K | 3x | |
| Coinbase International OP-PERP-INTX | +0.0152% | 1h | 0.1278 | +0.948% | $25K | $71K | 50x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1266 | +0.008% | $1.0M | $278K | 75x | as long as short |
| Reya OPRUSDPERP | +0.0440% | 1h | 0.1266 | −0.032% | $704 | — | 20x | as long as short |
| Kraken Futures PF_OPUSD | +0.0489% | 1h | 0.1268 | +0.129% | $800K | $571K | 20x | as long as short |
Aster OPUSDT
Binance OPUSDT
Bybit 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
SoDEX OP-USD
HTX OP-USDT
Extended OP-USD
Coinbase International OP-PERP-INTX
BloFin OP-USDT
Reya OPRUSDPERP
Kraken Futures PF_OPUSD