Settings8H · net · $10k
Funding arb · Price arb /

OP

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0342%/8h= +37.4% APRpaid last 24h +0.125%
Price spread now: Reya against MEXC+0.003%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$10 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC OP_USDT0.12650.0100pay 0.0100% / 8h3h 16m$21.2M$7.3M300x
ShortReya OPRUSDPERP0.12650.0442get 0.0055% / 1h16m 59s$70320x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against MEXC. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$71.79
Price spread: +0.003% → 0.000%
$0.27
Slippage, 4 orders
no order book: not counted
Fee MEXC: 0 bp × 2 orders
$0
Fee Reya: 3 bp × 2 orders
−$6
Net
$66.07
Costs to cover
0.060%
Break-even
0.6 days
Slippage unknown: MEXC: live order book, 2 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
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 2 min ago0.40 bp2.9 bp −$39.0 bp −$9060.3 bp −$6,02596.2 bp −$48.1K
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective OP/USDC PERP−0.1568%1h0.1261−0.293%$35K$58K12xas long as short
GMX OP/USD [OP-USDC]L −0.1065% / S +0.0229%1h0.1266+0.100%$13K100xas long as short
dYdX OP-USD0.0000%1h0.1267+0.164%$39K$53210xas long as short
Deribit OP_USDC-PERPETUAL0.0000%1h0.1266+0.103%$42K$138K25xas long as short
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0004%1h0.1266+0.085%150xas long as short
Coinbase International OP-PERP-INTX+0.0032%1h0.1270+0.419%$25K$56K50xas long as short
Variational Omni OP+0.0045%8h0.1263−0.148%$223K$48Kas long as short
Orderly PERP_OP_USDC+0.0054%8h0.1266+0.103%$6K$46K10xas long as short
Kraken Futures PF_OPUSD+0.0057%1h0.1266+0.136%$777K$549K20xas long as short
OKX OP-USDT-SWAP+0.0091%8h0.1264−0.071%$6.2M$28.5M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter OP+0.0096%1h0.1266+0.134%$275K$946K15xas long as short
Hyperliquid OP+0.0100%1h0.1265+0.040%$3.7M$2.8M5xas long as short
Aster OPUSDT+0.0100%8h0.1265+0.061%$211K$216K10xas long as short
Binance OPUSDT+0.0100%8h0.1264−0.061%$20.4M$60.9M75xas long as short
Bybit OPUSDT+0.0100%8h0.1263−0.127%$18.6M$24.8M75xas long as short
Gate OP_USDT+0.0100%8h0.1266+0.095%$2.0M$1.5M50xas long as short
MEXC OP_USDTlong+0.0100%8h0.1265long leg$21.2M$7.3M300x
KuCoin OPUSDTM+0.0100%8h0.1265+0.024%$2.8M$6.4M75xas long as short
Bitget OPUSDT+0.0100%8h0.1264−0.055%$5.8M$6.5M75xas long as short
BingX OP-USDC+0.0100%8h0.1264−0.055%$1.6Mas long as short
Backpack OP_USDC_PERP+0.0100%1h0.1263−0.095%$117K$205K10xas long as short
edgeX OPUSDC+0.0100%4h0.1263−0.164%$4K$388K10xas long as short
GRVT OP_USDT_Perp+0.0100%8h0.1262−0.214%$316K$5.1M10xas long as short
ApeX Omni OPUSDT+0.0100%1h0.1264−0.055%$43K$709K50xas long as short
SoDEX OP-USD+0.0100%1h0.1266+0.071%$198$6K5xas long as short
HTX OP-USDT+0.0100%8h0.1266+0.103%$171K$229K50xas long as short
Extended OP-USD+0.0104%1h0.1265+0.037%$102K$393K25xas long as short
Aevo OP-PERP+0.0104%1h0.1265+0.063%$3K$1K3xas long as short
BloFin OP-USDT+0.0220%8h0.1264−0.055%$1.0M$280K75xas long as short
Reya OPRUSDPERPshort+0.0442%1h0.1265+0.003%$70320x