Funding you earn now, next payment 00:00 UTC+0.1733%/8h= +189.8% APRpaid last 24h +0.156%
Price spread now: BingX against Injective+0.472%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+1.359%+$136 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 +$52 a day on $10k at the current rate, and BingX is 0.472% dearer against Injective than usual: you sell high and buy low: +$47 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 | 0.1272 | −0.1633 | get 0.0204% / 1h | 26m 55s | $35K | $58K | 12x |
| Short | BingX OP-USDC | 0.1278 | 0.0100 | get 0.0100% / 8h | 26m 55s | — | $1.6M | — |
Injective OP/USDC PERP
BingX OP-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $363.93
- Price spread: +0.472% → 0.000%
- $47.17
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $401.08
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; BingX: live order book, 5 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 BingX live order book, 5 min ago | 7.82 bp | 118.9 bp −$119 | 905.3 bp −$9,053 | 1119.8 bp −$112.0K | 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 | −0.1633% | 1h | 0.1272 | long leg | $35K | $58K | 12x | |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1277 | +0.428% | $13K | — | 100x | as long as short |
| Coinbase International OP-PERP-INTX | −0.0344% | 1h | 0.1276 | +0.314% | $21K | $65K | 50x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1279 | +0.538% | $40K | $519 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1278 | +0.472% | $42K | $171K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1278 | +0.485% | — | — | 150x | as long as short |
| Orderly PERP_OP_USDC | +0.0063% | 8h | 0.1277 | +0.393% | $6K | $50K | 10x | as long as short |
| Variational Omni OP | +0.0074% | 8h | 0.1279 | +0.511% | $234K | $54K | — | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1279 | +0.566% | $285K | $928K | 15x | as long as short |
| Hyperliquid OP | +0.0100% | 1h | 0.1279 | +0.542% | $4.1M | $2.9M | 5x | as long as short |
GMX OP/USD [OP-USDC]
Coinbase International OP-PERP-INTX
dYdX OP-USD
Deribit OP_USDC-PERPETUAL
gTrade (Gains Network) OP/USD
Orderly PERP_OP_USDC
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 | 0.1279 | +0.558% | $214K | $241K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1277 | +0.425% | $20.6M | $61.8M | 75x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1276 | +0.338% | $18.5M | $25.7M | 75x | as long as short |
| OKX OP-USDT-SWAP | +0.0100% | 8h | 0.1278 | +0.432% | $6.1M | $30.4M | 50x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1278 | +0.503% | $2.0M | $1.5M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1278 | +0.472% | $20.2M | $7.3M | 300x | as long as short |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1278 | +0.472% | $2.9M | $7.3M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1278 | +0.472% | $6.1M | $6.3M | 75x | as long as short |
| BingX OP-USDCshort | +0.0100% | 8h | 0.1278 | +0.472% | — | $1.6M | — | |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1278 | +0.448% | $124K | $189K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1279 | +0.578% | $10K | $382K | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1279 | +0.523% | $320K | $5.0M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1279 | +0.550% | $46K | $722K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1277 | +0.425% | $195 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1279 | +0.574% | $177K | $235K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1277 | +0.403% | $102K | $186K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1278 | +0.432% | $4K | — | 3x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1277 | +0.425% | $1.0M | $280K | 75x | as long as short |
| Kraken Futures PF_OPUSD | +0.0357% | 1h | 0.1279 | +0.551% | $803K | $747K | 20x | as long as short |
| Reya OPRUSDPERP | +0.0438% | 1h | 0.1277 | +0.415% | $710 | — | 20x | as long as short |
Aster OPUSDT
Binance OPUSDT
Bybit OPUSDT
OKX OP-USDT-SWAP
Gate OP_USDT
MEXC OP_USDT
KuCoin OPUSDTM
Bitget OPUSDT
Backpack OP_USDC_PERP
edgeX OPUSDC
GRVT OP_USDT_Perp
ApeX Omni OPUSDT
SoDEX OP-USD
HTX OP-USDT
Extended OP-USD
Aevo OP-PERP
BloFin OP-USDT
Kraken Futures PF_OPUSD
Reya OPRUSDPERP