Funding you earn now, next payment 11:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h 0.000%
Price spread now: MEXC against Extended+0.114%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$500.497% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)−0.109%−$11 · spread now +0.114%, 7d avg +0.072%
=Together, before fees−0.117%+ Points / potential airdropExtended: Active · farm board−$12 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: MEXC is 0.041% dearer against Extended than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.072%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended OP-USD | 0.1232 | −0.0112 | get 0.0014% / 1h | 5m 57s | $98K | $575K | 25x |
| Short | MEXC OP_USDT | 0.1233 | −0.0108 | pay 0.0108% / 8h | 5h 05m | $21.6M | $7.4M | 300x |
Extended OP-USD
MEXC OP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.114% → +0.072%
- $4.13
- Slippage, 4 orders
- −$44.74
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$44.77
- Costs to cover
- 0.497%
- Break-even
- 380.1 days
Slippage from Extended: live order book, 40 min ago; MEXC: live order book, 1 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, 40 min ago | 12.16 bp | 21.8 bp −$22 | 149.2 bp −$1,492 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 0.41 bp | 3.3 bp −$3 | 12.9 bp −$129 | 66.4 bp −$6,638 | 120.2 bp −$60.1K |
OP on 30 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| GMX OP/USD [OP-USDC] | L −0.0886% / S +0.0200% | 1h | 0.1234 | +0.182% | $13K | — | 100x | as long as short |
| Hyperliquid OP | −0.0468% | 1h | 0.1232 | 0.000% | $3.8M | $3.9M | 5x | as long as short |
| Extended OP-USDlong | −0.0112% | 1h | 0.1232 | long leg | $98K | $575K | 25x | |
| Binance OPUSDT | −0.0109% | 8h | 0.1233 | +0.062% | $19.0M | $66.0M | 75x | as long as short |
| MEXC OP_USDTshort | −0.0108% | 8h | 0.1233 | +0.114% | $21.6M | $7.4M | 300x | |
| Orderly PERP_OP_USDC | −0.0078% | 8h | 0.1232 | +0.008% | $12K | $232K | 10x | as long as short |
| Gate OP_USDT | −0.0051% | 8h | 0.1234 | +0.138% | $1.9M | $1.4M | 50x | as long as short |
| Coinbase International OP-PERP-INTX | −0.0048% | 1h | 0.1233 | +0.089% | $24K | $69K | 50x | as long as short |
| GRVT OP_USDT_Perp | −0.0006% | 8h | 0.1231 | −0.074% | $305K | $5.8M | 10x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1233 | +0.128% | $38K | $522 | 10x | as long as short |
GMX OP/USD [OP-USDC]
Hyperliquid OP
Binance OPUSDT
Orderly PERP_OP_USDC
Gate OP_USDT
Coinbase International OP-PERP-INTX
GRVT OP_USDT_Perp
dYdX OP-USDShow all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1233 | +0.089% | $30K | $112K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1234 | +0.138% | — | — | 150x | as long as short |
| BloFin OP-USDT | +0.0011% | 8h | 0.1232 | +0.016% | $975K | $277K | 75x | as long as short |
| Injective OP/USDC PERP | +0.0033% | 1h | 0.1257 | +2.038% | $35K | $67K | 12x | as long as short |
| Aevo OP-PERP | +0.0056% | 1h | 0.1233 | +0.079% | $3K | $1K | 3x | as long as short |
| Variational Omni OP | +0.0056% | 8h | 0.1228 | −0.289% | $218K | $45K | — | as long as short |
| SoDEX OP-USD | +0.0067% | 1h | 0.1233 | +0.073% | $185 | $5K | 5x | as long as short |
| KuCoin OPUSDTM | +0.0093% | 8h | 0.1232 | +0.008% | $2.9M | $5.4M | 75x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1233 | +0.122% | $256K | $1.1M | 15x | as long as short |
| Aster OPUSDT | +0.0100% | 8h | 0.1233 | +0.120% | $204K | $211K | 10x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1233 | +0.089% | $17.8M | $24.5M | 75x | as long as short |
| OKX OP-USDT-SWAP | +0.0100% | 8h | 0.1232 | +0.041% | $5.9M | $27.1M | 50x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1233 | +0.089% | $5.8M | $6.7M | 75x | as long as short |
| BingX OP-USDC | +0.0100% | 8h | 0.1233 | +0.089% | — | $1.6M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1232 | +0.041% | $115K | $213K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1230 | −0.138% | $4K | $1.1M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1231 | −0.073% | $43K | $687K | 50x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1234 | +0.130% | $167K | $262K | 50x | as long as short |
| Kraken Futures PF_OPUSD | +0.0157% | 1h | 0.1234 | +0.139% | $732K | $736K | 20x | as long as short |
| Reya OPRUSDPERP | +0.0447% | 1h | 0.1233 | +0.076% | $686 | — | 20x | as long as short |
Deribit OP_USDC-PERPETUAL
gTrade (Gains Network) OP/USD
BloFin OP-USDT
Injective OP/USDC PERP
Aevo OP-PERP
Variational Omni OP
SoDEX OP-USD
KuCoin OPUSDTM
Lighter OP
Aster OPUSDT
Bybit OPUSDT
OKX OP-USDT-SWAP
Bitget OPUSDT
BingX OP-USDC
Backpack OP_USDC_PERP
edgeX OPUSDC
ApeX Omni OPUSDT
HTX OP-USDT
Kraken Futures PF_OPUSD
Reya OPRUSDPERP