Funding you earn now, next payment 08:00 UTC+0.0344%/8h= +37.7% APRpaid last 24h +0.100%
Price spread now: Reya against HTX−0.044%47s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Reya is 0.044% cheaper against HTX than usual: you would sell low and buy high (spread −0.044% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 10 hours of funding at the current rate (+$10 a day). The two prices were read 47 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 | HTX OP-USDT | 0.1247 | 0.0100 | pay 0.0100% / 8h | 12m 29s | $166K | $259K | 50x |
| Short | Reya OPRUSDPERP | 0.1247 | 0.0444 | get 0.0056% / 1h | 12m 29s | $693 | — | 20x |
HTX OP-USDT
Reya OPRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against HTX. 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
- $72.33
- Price spread: −0.044% → 0.000%
- −$4.45
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $49.89
- Costs to cover
- 0.180%
- Break-even
- 2.2 days
Slippage unknown: HTX: live order book, 24 min ago; Reya: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy HTX live order book, 24 min ago | 6.83 bp | 20.5 bp −$21 | 3031.2 bp −$30.3K | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective OP/USDC PERP | −0.1660% | 1h | 0.1235 | −0.994% | $34K | $63K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1164% / S +0.0246% | 1h | 0.1245 | −0.157% | $13K | — | 100x | as long as short |
| Orderly PERP_OP_USDC | −0.0055% | 8h | 0.1247 | −0.032% | $12K | $236K | 10x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1247 | −0.036% | $39K | $522 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1247 | −0.032% | $31K | $164K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1248 | +0.020% | — | — | 150x | as long as short |
| Variational Omni OP | +0.0061% | 8h | 0.1245 | −0.204% | $220K | $47K | — | as long as short |
| KuCoin OPUSDTM | +0.0072% | 8h | 0.1247 | −0.032% | $2.8M | $6.1M | 75x | as long as short |
| Coinbase International OP-PERP-INTX | +0.0080% | 1h | 0.1242 | −0.433% | $24K | $65K | 50x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1248 | +0.032% | $288K | $1.1M | 15x | as long as short |
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
Orderly PERP_OP_USDC
dYdX OP-USD
Deribit OP_USDC-PERPETUAL
gTrade (Gains Network) OP/USD
Variational Omni OP
KuCoin OPUSDTM
Coinbase International OP-PERP-INTX
Lighter OPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid OP | +0.0100% | 1h | 0.1248 | +0.048% | $3.5M | $3.6M | 5x | as long as short |
| Aster OPUSDT | +0.0100% | 8h | 0.1247 | −0.063% | $205K | $210K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1247 | −0.063% | $19.6M | $67.6M | 75x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1246 | −0.096% | $18.2M | $26.3M | 75x | as long as short |
| OKX OP-USDT-SWAP | +0.0100% | 8h | 0.1247 | −0.040% | $6.0M | $29.5M | 50x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1247 | −0.032% | $2.0M | $1.5M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1246 | −0.104% | $22.2M | $7.8M | 300x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1247 | −0.032% | $5.6M | $6.8M | 75x | as long as short |
| BingX OP-USDT | +0.0100% | 8h | 0.1247 | −0.032% | — | $6.8M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1247 | −0.056% | $115K | $221K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1245 | −0.177% | $4K | $1.1M | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1246 | −0.143% | $305K | $5.3M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1246 | −0.112% | $43K | $697K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1247 | −0.008% | $204 | $6K | 5x | as long as short |
| HTX OP-USDTlong | +0.0100% | 8h | 0.1247 | long leg | $166K | $259K | 50x | |
| Extended OP-USD | +0.0104% | 1h | 0.1246 | −0.083% | $100K | $610K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1247 | −0.032% | $3K | $1K | 3x | as long as short |
| Kraken Futures PF_OPUSD | +0.0165% | 1h | 0.1248 | +0.032% | $742K | $679K | 20x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1247 | −0.008% | $991K | $324K | 75x | as long as short |
| Reya OPRUSDPERPshort | +0.0444% | 1h | 0.1247 | −0.044% | $693 | — | 20x |
Hyperliquid OP
Aster OPUSDT
Binance OPUSDT
Bybit OPUSDT
OKX OP-USDT-SWAP
Gate OP_USDT
MEXC OP_USDT
Bitget OPUSDT
BingX OP-USDT
Backpack OP_USDC_PERP
edgeX OPUSDC
GRVT OP_USDT_Perp
ApeX Omni OPUSDT
SoDEX OP-USD
Extended OP-USD
Aevo OP-PERP
Kraken Futures PF_OPUSD
BloFin OP-USDT