Funding you earn now, next payment 09:00 UTC+0.1428%/8h= +156.3% APRnext payment +$1.78 per $10,000 · paid last 24h +0.340%
Price spread now: ApeX Omni against Injective+0.405%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.389%+$139 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$43 a day on $10k at the current rate, and ApeX Omni is 0.405% dearer against Injective than usual: you sell high and buy low: +$40 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective OP/USDC PERP | 0.1235 | −0.1328 | get 0.0166% / 1h | 27m 49s | $34K | $63K | 12x |
| Short | ApeX Omni OPUSDT | 0.1240 | 0.0100 | get 0.0013% / 1h | 27m 49s | $43K | $694K | 50x |
Injective OP/USDC PERP
ApeX Omni OPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Injective. 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
- $299.78
- Price spread: +0.405% → 0.000%
- $40.49
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $330.24
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; ApeX Omni: live order book, 6 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 6 min ago | 8.06 bp | 17.6 bp −$18 | 118.5 bp −$1,185 | doesn't fit | doesn't fit |
Injective: 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 PERPlong | −0.1328% | 1h | 0.1235 | long leg | $34K | $63K | 12x | |
| GMX OP/USD [OP-USDC] | L −0.1164% / S +0.0246% | 1h | 0.1241 | +0.509% | $13K | — | 100x | as long as short |
| Orderly PERP_OP_USDC | −0.0047% | 8h | 0.1242 | +0.567% | $12K | $235K | 10x | as long as short |
| KuCoin OPUSDTM | −0.0004% | 8h | 0.1243 | +0.648% | $2.9M | $6.1M | 75x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1241 | +0.469% | $38K | $522 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1243 | +0.648% | $31K | $165K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1241 | +0.486% | — | — | 150x | as long as short |
| Variational Omni OP | +0.0058% | 8h | 0.1240 | +0.376% | $219K | $47K | — | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1244 | +0.688% | $287K | $1.1M | 15x | as long as short |
| Hyperliquid OP | +0.0100% | 1h | 0.1245 | +0.777% | $3.5M | $3.7M | 5x | as long as short |
GMX OP/USD [OP-USDC]
Orderly PERP_OP_USDC
KuCoin OPUSDTM
dYdX OP-USD
Deribit OP_USDC-PERPETUAL
gTrade (Gains Network) OP/USD
Variational Omni OP
Lighter OP
Hyperliquid OPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster OPUSDT | +0.0100% | 8h | 0.1244 | +0.723% | $201K | $214K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1244 | +0.722% | $19.2M | $69.0M | 75x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1244 | +0.688% | $18.1M | $26.6M | 75x | as long as short |
| OKX OP-USDT-SWAP | +0.0100% | 8h | 0.1245 | +0.794% | $6.0M | $29.6M | 50x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1245 | +0.777% | $2.0M | $1.5M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1244 | +0.745% | $22.2M | $7.8M | 300x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1244 | +0.729% | $5.7M | $6.9M | 75x | as long as short |
| BingX OP-USDC | +0.0100% | 8h | 0.1244 | +0.729% | — | $1.6M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1244 | +0.745% | $112K | $224K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1240 | +0.380% | $4K | $1.1M | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1239 | +0.349% | $310K | $5.4M | 10x | as long as short |
| ApeX Omni OPUSDTshort | +0.0100% | 1h | 0.1240 | +0.405% | $43K | $694K | 50x | |
| SoDEX OP-USD | +0.0100% | 1h | 0.1242 | +0.575% | $196 | $5K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1244 | +0.737% | $165K | $259K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1243 | +0.676% | $99K | $608K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1240 | +0.405% | $3K | $1K | 3x | as long as short |
| Coinbase International OP-PERP-INTX | +0.0112% | 1h | 0.1244 | +0.729% | $25K | $69K | 50x | as long as short |
| Kraken Futures PF_OPUSD | +0.0156% | 1h | 0.1244 | +0.751% | $741K | $725K | 20x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1239 | +0.340% | $999K | $322K | 75x | as long as short |
| Reya OPRUSDPERP | +0.0445% | 1h | 0.1240 | +0.429% | $690 | — | 20x | as long as short |
Aster OPUSDT
Binance OPUSDT
Bybit OPUSDT
OKX OP-USDT-SWAP
Gate OP_USDT
MEXC OP_USDT
Bitget OPUSDT
BingX OP-USDC
Backpack OP_USDC_PERP
edgeX OPUSDC
GRVT OP_USDT_Perp
SoDEX OP-USD
HTX OP-USDT
Extended OP-USD
Aevo OP-PERP
Coinbase International OP-PERP-INTX
Kraken Futures PF_OPUSD
BloFin OP-USDT
Reya OPRUSDPERP