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
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX OP-USD | 0.1257 | 0 | get 0.0000% / 1h | 45m 56s | $39K | $522 | 10x |
| Short | edgeX OPUSDC | 0.1257 | 0.0100 | get 0.0050% / 4h | 1h 45m | $381K | $768K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy dYdX no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 63 min ago | 3.92 bp | 12.1 bp −$12 | 71.8 bp −$718 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective OP/USDC PERP | −0.1760% | 1h | 0.1251 | −0.485% | $34K | $59K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1256 | −0.097% | $13K | — | 100x | as long as short |
| Deribit OP_USDC-PERPETUAL | −0.0546% | 1h | 0.1255 | −0.167% | $33K | $153K | 25x | as long as short |
| Hyperliquid OP | −0.0115% | 1h | 0.1255 | −0.143% | $3.6M | $3.5M | 5x | as long as short |
| Orderly PERP_OP_USDC | −0.0034% | 8h | 0.1254 | −0.247% | $59K | $142K | 10x | as long as short |
| Kraken Futures PF_OPUSD | −0.0034% | 1h | 0.1256 | −0.097% | $751K | $650K | 20x | as long as short |
| Variational Omni OP | −0.0006% | 8h | 0.1251 | −0.450% | $222K | $46K | — | as long as short |
| dYdX OP-USDlong | 0.0000% | 1h | 0.1257 | long leg | $39K | $522 | 10x | |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1256 | −0.124% | — | — | 150x | as long as short |
| Coinbase International OP-PERP-INTX | +0.0032% | 1h | 0.1257 | −0.008% | $24K | $64K | 50x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit OPUSDT | +0.0052% | 8h | 0.1255 | −0.167% | $18.4M | $25.9M | 75x | as long as short |
| KuCoin OPUSDTM | +0.0074% | 8h | 0.1255 | −0.167% | $2.8M | $6.3M | 75x | as long as short |
| OKX OP-USDT-SWAP | +0.0084% | 8h | 0.1256 | −0.056% | $6.1M | $29.5M | 50x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1256 | −0.088% | $276K | $1.1M | 15x | as long as short |
| Aster OPUSDT | +0.0100% | 8h | 0.1256 | −0.062% | $208K | $218K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1256 | −0.072% | $19.9M | $66.1M | 75x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1255 | −0.143% | $2.0M | $1.5M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1256 | −0.080% | $23.1M | $7.6M | 300x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1255 | −0.167% | $5.7M | $6.8M | 75x | as long as short |
| BingX OP-USDC | +0.0100% | 8h | 0.1256 | −0.088% | — | $1.6M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1255 | −0.175% | $107K | $215K | 10x | as long as short |
| edgeX OPUSDCshort | +0.0100% | 4h | 0.1257 | −0.013% | $381K | $768K | 10x | |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1253 | −0.301% | $309K | $5.4M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1258 | +0.072% | $43K | $701K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1256 | −0.119% | $201 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1257 | −0.040% | $170K | $253K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1255 | −0.186% | $100K | $506K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1256 | −0.095% | $3K | $1K | 3x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1256 | −0.095% | $997K | $305K | 75x | as long as short |
| Reya OPRUSDPERP | +0.0443% | 1h | 0.1254 | −0.253% | $697 | — | 20x | as long as short |
edgeX OPUSDC
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
Deribit OP_USDC-PERPETUAL
Hyperliquid OP
Kraken Futures PF_OPUSD
Variational Omni OP
gTrade (Gains Network) OP/USD
Coinbase International OP-PERP-INTX
Bybit OPUSDT
KuCoin OPUSDTM
OKX OP-USDT-SWAP
Lighter OP
Aster OPUSDT
Binance OPUSDT
Gate OP_USDT
MEXC OP_USDT
Bitget OPUSDT
BingX OP-USDC
Backpack OP_USDC_PERP
GRVT OP_USDT_Perp
ApeX Omni OPUSDT
SoDEX OP-USD
HTX OP-USDT
Extended OP-USD
BloFin OP-USDT