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

OP

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: HTX against dYdX+0.118%7-day average · you sell dearer than you buy
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 feesneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and HTX is 0.118% dearer against dYdX than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX OP-USD0.12470get 0.0000% / 1h3m 39s$39K$52210x
ShortHTX OP-USDT0.12480.0100get 0.0100% / 8h3m 39s$166K$260K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: +0.118% → 0.000%
$11.83
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
$10.83
Costs to cover
0.220%
Break-even
3.4 days
Slippage unknown: dYdX: no order-book sample; HTX: live order book, 33 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 HTX live order book, 33 min ago6.83 bp20.9 bp −$21doesn't fitdoesn'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−0.1660%1h0.1235−0.948%$34K$63K12xas long as short
GMX OP/USD [OP-USDC]L −0.1164% / S +0.0246%1h0.1246−0.026%$13K100xas long as short
Orderly PERP_OP_USDC−0.0054%8h0.1246−0.066%$12K$235K10xas long as short
dYdX OP-USDlong0.0000%1h0.1247long leg$39K$52210x
Deribit OP_USDC-PERPETUAL0.0000%1h0.1247+0.014%$31K$165K25xas long as short
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0004%1h0.12470.000%150xas long as short
Variational Omni OP+0.0062%8h0.1246−0.092%$220K$47Kas long as short
KuCoin OPUSDTM+0.0063%8h0.1245−0.146%$2.8M$6.0M75xas long as short
Coinbase International OP-PERP-INTX+0.0080%1h0.1247+0.014%$24K$66K50xas long as short
Lighter OP+0.0096%1h0.1247+0.054%$288K$1.1M15xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid OP+0.0100%1h0.1247+0.006%$3.5M$3.6M5xas long as short
Aster OPUSDT+0.0100%8h0.1247+0.014%$205K$210K10xas long as short
Binance OPUSDT+0.0100%8h0.1247−0.018%$19.6M$67.6M75xas long as short
Bybit OPUSDT+0.0100%8h0.1246−0.058%$18.2M$26.3M75xas long as short
OKX OP-USDT-SWAP+0.0100%8h0.1247+0.014%$6.0M$29.5M50xas long as short
Gate OP_USDT+0.0100%8h0.1246−0.026%$2.0M$1.5M50xas long as short
MEXC OP_USDT+0.0100%8h0.1246−0.058%$22.3M$7.9M300xas long as short
Bitget OPUSDT+0.0100%8h0.1246−0.066%$5.6M$6.8M75xas long as short
BingX OP-USDC+0.0100%8h0.1246−0.066%$1.6Mas long as short
Backpack OP_USDC_PERP+0.0100%1h0.1246−0.074%$116K$222K10xas long as short
edgeX OPUSDC+0.0100%4h0.1247−0.009%$4K$1.1M10xas long as short
GRVT OP_USDT_Perp+0.0100%8h0.1247+0.008%$305K$5.3M10xas long as short
ApeX Omni OPUSDT+0.0100%1h0.1248+0.094%$43K$695K50xas long as short
SoDEX OP-USD+0.0100%1h0.1246−0.042%$207$6K5xas long as short
HTX OP-USDTshort+0.0100%8h0.1248+0.118%$166K$260K50x
Extended OP-USD+0.0104%1h0.1246−0.054%$100K$610K25xas long as short
Aevo OP-PERP+0.0104%1h0.1246−0.048%$3K$1K3xas long as short
Kraken Futures PF_OPUSD+0.0165%1h0.1248+0.103%$743K$678K20xas long as short
BloFin OP-USDT+0.0220%8h0.1248+0.110%$990K$324K75xas long as short
Reya OPRUSDPERP+0.0445%1h0.1246−0.072%$69320xas long as short