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

OP

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: edgeX against dYdX−0.013%51s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropedgeX: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX OP-USD0.12570get 0.0000% / 1h45m 56s$39K$52210x
ShortedgeX OPUSDC0.12570.0100get 0.0050% / 4h1h 45m$381K$768K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against dYdX. 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
$21
Price spread: −0.013% → 0.000%
−$1.26
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$0.74
Costs to cover
0.190%
Break-even
6.8 days
Slippage unknown: dYdX: no order-book sample; edgeX: live order book, 63 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy dYdX no order-book sample
Sell edgeX live order book, 63 min ago3.92 bp12.1 bp −$1271.8 bp −$718doesn't fitdoesn't fit
dYdX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective OP/USDC PERP−0.1760%1h0.1251−0.485%$34K$59K12xas long as short
GMX OP/USD [OP-USDC]L −0.1065% / S +0.0229%1h0.1256−0.097%$13K100xas long as short
Deribit OP_USDC-PERPETUAL−0.0546%1h0.1255−0.167%$33K$153K25xas long as short
Hyperliquid OP−0.0115%1h0.1255−0.143%$3.6M$3.5M5xas long as short
Orderly PERP_OP_USDC−0.0034%8h0.1254−0.247%$59K$142K10xas long as short
Kraken Futures PF_OPUSD−0.0034%1h0.1256−0.097%$751K$650K20xas long as short
Variational Omni OP−0.0006%8h0.1251−0.450%$222K$46Kas long as short
dYdX OP-USDlong0.0000%1h0.1257long leg$39K$52210x
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0004%1h0.1256−0.124%150xas long as short
Coinbase International OP-PERP-INTX+0.0032%1h0.1257−0.008%$24K$64K50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit OPUSDT+0.0052%8h0.1255−0.167%$18.4M$25.9M75xas long as short
KuCoin OPUSDTM+0.0074%8h0.1255−0.167%$2.8M$6.3M75xas long as short
OKX OP-USDT-SWAP+0.0084%8h0.1256−0.056%$6.1M$29.5M50xas long as short
Lighter OP+0.0096%1h0.1256−0.088%$276K$1.1M15xas long as short
Aster OPUSDT+0.0100%8h0.1256−0.062%$208K$218K10xas long as short
Binance OPUSDT+0.0100%8h0.1256−0.072%$19.9M$66.1M75xas long as short
Gate OP_USDT+0.0100%8h0.1255−0.143%$2.0M$1.5M50xas long as short
MEXC OP_USDT+0.0100%8h0.1256−0.080%$23.1M$7.6M300xas long as short
Bitget OPUSDT+0.0100%8h0.1255−0.167%$5.7M$6.8M75xas long as short
BingX OP-USDC+0.0100%8h0.1256−0.088%$1.6Mas long as short
Backpack OP_USDC_PERP+0.0100%1h0.1255−0.175%$107K$215K10xas long as short
edgeX OPUSDCshort+0.0100%4h0.1257−0.013%$381K$768K10x
GRVT OP_USDT_Perp+0.0100%8h0.1253−0.301%$309K$5.4M10xas long as short
ApeX Omni OPUSDT+0.0100%1h0.1258+0.072%$43K$701K50xas long as short
SoDEX OP-USD+0.0100%1h0.1256−0.119%$201$6K5xas long as short
HTX OP-USDT+0.0100%8h0.1257−0.040%$170K$253K50xas long as short
Extended OP-USD+0.0104%1h0.1255−0.186%$100K$506K25xas long as short
Aevo OP-PERP+0.0104%1h0.1256−0.095%$3K$1K3xas long as short
BloFin OP-USDT+0.0220%8h0.1256−0.095%$997K$305K75xas long as short
Reya OPRUSDPERP+0.0443%1h0.1254−0.253%$69720xas long as short