OP

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h +0.034%

Price spread now: ApeX Omni against Extended−0.288%112s7-day average +0.125% · you buy dearer than you sell

Net, funding: paid 7d − costs−$78as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$840.844% of the position

Long on Extended Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.069%+$7 on $10k

Price spread, last 3 days (all we have)+0.598%+$60 · spread now −0.288%, 7d avg +0.125%

Together, before fees+0.667%+ Points / potential airdropExtended: Active · farm board+$67 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.413% cheaper against Extended than usual: you would sell low and buy high, −$41 on $10k if it goes back to its 7-day average of +0.125%. The two prices were read 112 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	Extended OP-USD	0.1286	0.0104	pay 0.0013% / 1h	3m 37s	$103K	$186K	25x
Short	ApeX Omni OPUSDT	0.1282	0.0100	get 0.0013% / 1h	3m 37s	$46K	$722K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Extended. 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

Position, each leg$Hold fordaysFee ExtendedbpFee ApeX OmnibpOrdersPrice spread, now −0.288%Rate

Funding earned: −$0.84
Price spread: −0.288% → +0.125%: −$41.27
Slippage, 4 orders: −$69.42
Fee Extended: 2.5 bp × 2 orders: −$5
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$126.53
Costs to cover: 0.844%
Break-even: never at this rate

Slippage from Extended: live order book, 13 min ago; ApeX Omni: live order book, 15 min ago.

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 Extended live order book, 13 min ago	11.72 bp	20.8 bp −$21	139.6 bp −$1,396	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 15 min ago	11.72 bp	21.3 bp −$21	112.6 bp −$1,126	doesn't fit	doesn't fit

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	−0.1710%	1h	0.1274	−0.910%	$35K	$58K	12x	as long as short
GMX OP/USD [OP-USDC]	L −0.1065% / S +0.0229%	1h	0.1287	+0.064%	$13K	—	100x	as long as short
Coinbase International OP-PERP-INTX	−0.0360%	1h	0.1280	−0.444%	$21K	$65K	50x	as long as short
dYdX OP-USD	0.0000%	1h	0.1287	+0.126%	$40K	$519	10x	as long as short
Deribit OP_USDC-PERPETUAL	0.0000%	1h	0.1287	+0.101%	$42K	$171K	25x	as long as short
gTrade (Gains Network) OP/USD	L +0.0004% / S −0.0004%	1h	0.1287	+0.074%	—	—	150x	as long as short
Orderly PERP_OP_USDC	+0.0064%	8h	0.1287	+0.101%	$6K	$49K	10x	as long as short
Variational Omni OP	+0.0068%	8h	0.1283	−0.243%	$234K	$53K	—	as long as short
Lighter OP	+0.0096%	1h	0.1287	+0.116%	$291K	$927K	15x	as long as short
Hyperliquid OP	+0.0100%	1h	0.1288	+0.210%	$4.2M	$2.9M	5x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster OPUSDT	+0.0100%	8h	0.1288	+0.158%	$215K	$241K	10x	as long as short
Binance OPUSDT	+0.0100%	8h	0.1286	+0.055%	$20.9M	$61.8M	75x	as long as short
Bybit OPUSDT	+0.0100%	8h	0.1286	+0.015%	$18.9M	$25.5M	75x	as long as short
OKX OP-USDT-SWAP	+0.0100%	8h	0.1286	+0.015%	$6.1M	$30.4M	50x	as long as short
Gate OP_USDT	+0.0100%	8h	0.1287	+0.101%	$2.0M	$1.6M	50x	as long as short
MEXC OP_USDT	+0.0100%	8h	0.1286	+0.039%	$20.4M	$7.2M	300x	as long as short
KuCoin OPUSDTM	+0.0100%	8h	0.1286	+0.023%	$2.9M	$7.4M	75x	as long as short
Bitget OPUSDT	+0.0100%	8h	0.1287	+0.101%	$6.1M	$6.3M	75x	as long as short
BingX OP-USDC	+0.0100%	8h	0.1286	+0.023%	—	$1.6M	—	as long as short
Backpack OP_USDC_PERP	+0.0100%	1h	0.1288	+0.202%	$125K	$190K	10x	as long as short
edgeX OPUSDC	+0.0100%	4h	0.1281	−0.372%	$10K	$383K	10x	as long as short
GRVT OP_USDT_Perp	+0.0100%	8h	0.1283	−0.211%	$321K	$5.1M	10x	as long as short
ApeX Omni OPUSDTshort	+0.0100%	1h	0.1282	−0.288%	$46K	$722K	50x
SoDEX OP-USD	+0.0100%	1h	0.1286	+0.062%	$174	$6K	5x	as long as short
HTX OP-USDT	+0.0100%	8h	0.1288	+0.210%	$178K	$232K	50x	as long as short
Extended OP-USDlong	+0.0104%	1h	0.1286	long leg	$103K	$186K	25x
Aevo OP-PERP	+0.0104%	1h	0.1287	+0.108%	$4K	—	3x	as long as short
BloFin OP-USDT	+0.0220%	8h	0.1286	+0.039%	$1.0M	$290K	75x	as long as short
Kraken Futures PF_OPUSD	+0.0223%	1h	0.1288	+0.182%	$805K	$745K	20x	as long as short
Reya OPRUSDPERP	+0.0437%	1h	0.1286	+0.042%	$715	—	20x	as long as short