Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against KuCoin+0.008%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$890.887% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 7 days+0.056%+$6 · spread now +0.008%, 7d avg +0.013%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin OPUSDTM | 0.1254 | 0.0100 | pay 0.0100% / 8h | 2h 05m | $2.9M | $6.4M | 75x |
| Short | BingX OP-USDT | 0.1254 | 0.0100 | get 0.0100% / 8h | 2h 05m | — | $6.6M | — |
KuCoin OPUSDTM
BingX OP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against KuCoin. 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
- Price spread: +0.008% → +0.013%
- −$0.55
- Slippage, 4 orders
- −$66.69
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$89.24
- Costs to cover
- 0.887%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; BingX: 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 KuCoin live order book, 2 min ago | 3.99 bp | 42.0 bp −$42 | 90.0 bp −$900 | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 0.80 bp | 8.8 bp −$9 | 15.3 bp −$153 | 76.5 bp −$7,650 | 355.4 bp −$177.7K |
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 | −0.1583% | 1h | 0.1246 | −0.638% | $34K | $59K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1255 | +0.065% | $13K | — | 100x | as long as short |
| Deribit OP_USDC-PERPETUAL | −0.0547% | 1h | 0.1254 | 0.000% | $33K | $153K | 25x | as long as short |
| Orderly PERP_OP_USDC | −0.0009% | 8h | 0.1253 | −0.080% | $59K | $142K | 10x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1256 | +0.142% | $39K | $532 | 10x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1254 | +0.030% | — | — | 150x | as long as short |
| Variational Omni OP | +0.0005% | 8h | 0.1253 | −0.045% | $222K | $46K | — | as long as short |
| Bybit OPUSDT | +0.0064% | 8h | 0.1253 | −0.080% | $18.4M | $25.7M | 75x | as long as short |
| Kraken Futures PF_OPUSD | +0.0074% | 1h | 0.1255 | +0.087% | $753K | $632K | 20x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1255 | +0.048% | $275K | $1.1M | 15x | as long as short |
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
Deribit OP_USDC-PERPETUAL
Orderly PERP_OP_USDC
dYdX OP-USD
gTrade (Gains Network) OP/USD
Variational Omni OP
Bybit OPUSDT
Kraken Futures PF_OPUSD
Lighter OPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid OP | +0.0100% | 1h | 0.1254 | 0.000% | $3.4M | $3.2M | 5x | as long as short |
| Aster OPUSDT | +0.0100% | 8h | 0.1256 | +0.136% | $205K | $213K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1255 | +0.042% | $19.6M | $64.8M | 75x | as long as short |
| OKX OP-USDT-SWAP | +0.0100% | 8h | 0.1254 | +0.032% | $6.2M | $29.1M | 50x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1254 | +0.016% | $2.0M | $1.5M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1254 | 0.000% | $23.2M | $7.7M | 300x | as long as short |
| KuCoin OPUSDTMlong | +0.0100% | 8h | 0.1254 | long leg | $2.9M | $6.4M | 75x | |
| Bitget OPUSDT | +0.0100% | 8h | 0.1253 | −0.080% | $5.8M | $6.7M | 75x | as long as short |
| BingX OP-USDTshort | +0.0100% | 8h | 0.1254 | +0.008% | — | $6.6M | — | |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1254 | 0.000% | $105K | $214K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1250 | −0.307% | $379K | $767K | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1252 | −0.159% | $309K | $5.4M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1250 | −0.319% | $43K | $705K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1254 | −0.008% | $208 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1253 | −0.088% | $174K | $244K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1253 | −0.044% | $101K | $506K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1253 | −0.040% | $3K | $1K | 3x | as long as short |
| Coinbase International OP-PERP-INTX | +0.0160% | 1h | 0.1254 | 0.000% | $26K | $60K | 50x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1253 | −0.048% | $981K | $307K | 75x | as long as short |
| Reya OPRUSDPERP | +0.0443% | 1h | 0.1253 | −0.099% | $697 | — | 20x | as long as short |
Hyperliquid OP
Aster OPUSDT
Binance OPUSDT
OKX OP-USDT-SWAP
Gate OP_USDT
MEXC OP_USDT
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
Coinbase International OP-PERP-INTX
BloFin OP-USDT
Reya OPRUSDPERP