Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.034%
Price spread now: edgeX against Extended+0.035%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$730.735% of the position
Funding, last 7 days+0.073%+$7 on $10k
+Price spread, last 3 days (all we have)+0.211%+$21 · spread now +0.035%, 7d avg +0.025%
=Together, before fees+0.284%+ Points / potential airdropExtended: Active · edgeX: Active · farm board+$28 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended OP-USD | 0.1257 | 0.0104 | pay 0.0013% / 1h | 58m 58s | $101K | $186K | 25x |
| Short | edgeX OPUSDC | 0.1258 | 0.0100 | get 0.0050% / 4h | 1h 58m | $11K | $384K | 10x |
Extended OP-USD
edgeX OPUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Extended. 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
- −$0.84
- Price spread: +0.035% → +0.025%
- $1.06
- Slippage, 4 orders
- −$59.49
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$73.27
- Costs to cover
- 0.735%
- Break-even
- never at this rate
Slippage from Extended: live order book, 23 min ago; edgeX: live order book, 24 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, 23 min ago | 11.85 bp | 21.1 bp −$21 | 142.6 bp −$1,426 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 24 min ago | 7.90 bp | 15.9 bp −$16 | 78.1 bp −$781 | 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 | 0.1250 | −0.585% | $34K | $58K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1258 | +0.066% | $13K | — | 100x | as long as short |
| Coinbase International OP-PERP-INTX | −0.0360% | 1h | 0.1243 | −1.142% | $21K | $64K | 50x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1257 | −0.005% | $39K | $519 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1258 | +0.051% | $41K | $171K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1258 | +0.038% | — | — | 150x | as long as short |
| Variational Omni OP | +0.0042% | 8h | 0.1257 | −0.020% | $231K | $46K | — | as long as short |
| Orderly PERP_OP_USDC | +0.0044% | 8h | 0.1257 | −0.029% | $6K | $50K | 10x | as long as short |
| OKX OP-USDT-SWAP | +0.0092% | 8h | 0.1258 | +0.011% | $5.9M | $29.7M | 50x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1258 | +0.075% | $270K | $899K | 15x | as long as short |
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
Coinbase International OP-PERP-INTX
dYdX OP-USD
Deribit OP_USDC-PERPETUAL
gTrade (Gains Network) OP/USD
Variational Omni OP
Orderly PERP_OP_USDC
OKX OP-USDT-SWAP
Lighter OPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate OP_USDT | +0.0097% | 8h | 0.1257 | −0.013% | $1.8M | $1.5M | 50x | as long as short |
| Aster OPUSDT | +0.0100% | 8h | 0.1258 | +0.026% | $211K | $241K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1258 | +0.051% | $20.4M | $62.6M | 75x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1257 | −0.061% | $18.3M | $25.4M | 75x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1258 | +0.027% | $19.9M | $7.0M | 300x | as long as short |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1257 | −0.029% | $2.9M | $7.6M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1258 | +0.051% | $6.0M | $6.2M | 75x | as long as short |
| BingX OP-USDT | +0.0100% | 8h | 0.1257 | −0.005% | — | $6.8M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1258 | +0.011% | $124K | $194K | 10x | as long as short |
| edgeX OPUSDCshort | +0.0100% | 4h | 0.1258 | +0.035% | $11K | $384K | 10x | |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1257 | −0.028% | $311K | $5.1M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1259 | +0.130% | $45K | $719K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1257 | −0.021% | $172 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1258 | +0.083% | $174K | $232K | 50x | as long as short |
| Extended OP-USDlong | +0.0104% | 1h | 0.1257 | long leg | $101K | $186K | 25x | |
| Aevo OP-PERP | +0.0104% | 1h | 0.1258 | +0.018% | $4K | — | 3x | as long as short |
| Hyperliquid OP | +0.0163% | 1h | 0.1260 | +0.186% | $4.1M | $3.0M | 5x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1258 | +0.051% | $1.0M | $281K | 75x | as long as short |
| Kraken Futures PF_OPUSD | +0.0229% | 1h | 0.1258 | +0.057% | $778K | $732K | 20x | as long as short |
| Reya OPRUSDPERP | +0.0436% | 1h | 0.1257 | +0.005% | $699 | — | 20x | as long as short |
Gate OP_USDT
Aster OPUSDT
Binance OPUSDT
Bybit OPUSDT
MEXC OP_USDT
KuCoin OPUSDTM
Bitget OPUSDT
BingX OP-USDT
Backpack OP_USDC_PERP
GRVT OP_USDT_Perp
ApeX Omni OPUSDT
SoDEX OP-USD
HTX OP-USDT
Aevo OP-PERP
Hyperliquid OP
BloFin OP-USDT
Kraken Futures PF_OPUSD
Reya OPRUSDPERP