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

OP

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: SoDEX against edgeX−0.523%7-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 3 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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.523% cheaper against edgeX than usual: you would sell low and buy high, −$52 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX OPUSDC0.12620.0100pay 0.0050% / 4h38m 41s$4K$387K10x
ShortSoDEX OP-USD0.12560.0100get 0.0013% / 1h38m 41s$198$6K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against edgeX. 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
$0
Price spread: −0.523% → 0.000%
−$52.33
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$69.33
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: edgeX: live order book, 20 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
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 20 min ago7.93 bp16.9 bp −$17142.9 bp −$1,429doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective OP/USDC PERP−0.1607%1h0.1253−0.737%$35K$58K12xas long as short
GMX OP/USD [OP-USDC]L −0.1065% / S +0.0229%1h0.1257−0.422%$13K100xas long as short
dYdX OP-USD0.0000%1h0.1257−0.439%$39K$51910xas long as short
Deribit OP_USDC-PERPETUAL0.0000%1h0.1257−0.420%$41K$151K25xas long as short
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0004%1h0.1258−0.366%150xas long as short
OKX OP-USDT-SWAP+0.0033%8h0.1257−0.420%$6.2M$28.7M50xas long as short
Variational Omni OP+0.0048%8h0.1258−0.356%$222K$49Kas long as short
Orderly PERP_OP_USDC+0.0053%8h0.1256−0.499%$6K$45K10xas long as short
Lighter OP+0.0096%1h0.1258−0.341%$278K$939K15xas long as short
Hyperliquid OP+0.0100%1h0.1258−0.309%$3.7M$2.8M5xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster OPUSDT+0.0100%8h0.1258−0.376%$210K$219K10xas long as short
Binance OPUSDT+0.0100%8h0.1257−0.455%$20.3M$60.7M75xas long as short
Bybit OPUSDT+0.0100%8h0.1256−0.499%$18.4M$25.2M75xas long as short
Gate OP_USDT+0.0100%8h0.1258−0.365%$1.9M$1.4M50xas long as short
MEXC OP_USDT+0.0100%8h0.1257−0.420%$21.1M$7.1M300xas long as short
KuCoin OPUSDTM+0.0100%8h0.1256−0.499%$2.9M$6.6M75xas long as short
Bitget OPUSDT+0.0100%8h0.1257−0.420%$5.8M$6.5M75xas long as short
BingX OP-USDT+0.0100%8h0.1257−0.436%$6.3Mas long as short
Backpack OP_USDC_PERP+0.0100%1h0.1256−0.531%$120K$194K10xas long as short
edgeX OPUSDClong+0.0100%4h0.1262long leg$4K$387K10x
GRVT OP_USDT_Perp+0.0100%8h0.1260−0.210%$317K$5.1M10xas long as short
ApeX Omni OPUSDT+0.0100%1h0.1258−0.341%$43K$710K50xas long as short
SoDEX OP-USDshort+0.0100%1h0.1256−0.523%$198$6K5x
HTX OP-USDT+0.0100%8h0.1257−0.412%$173K$232K50xas long as short
Extended OP-USD+0.0104%1h0.1256−0.467%$101K$391K25xas long as short
Aevo OP-PERP+0.0104%1h0.1256−0.503%$3K$1K3xas long as short
Coinbase International OP-PERP-INTX+0.0168%1h0.1262−0.024%$24K$70K50xas long as short
BloFin OP-USDT+0.0220%8h0.1256−0.476%$1.0M$277K75xas long as short
Kraken Futures PF_OPUSD+0.0351%1h0.1256−0.471%$784K$572K20xas long as short
Reya OPRUSDPERP+0.0441%1h0.1256−0.471%$69920xas long as short