data as of
Settings8H · net · $10k
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Funding spread now, next payment 20:00 UTC+0.0139%/8h
paid, last 24h+0.043%paid, last 5 days+0.150%to open and closeno order book
Long on OrderlyShort on edgeX
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_OP_USDC0.1232−0.0039get 0.0039% / 8h5h 24m$6K$53K10x
ShortedgeX OPUSDC0.12380.0100get 0.0050% / 4h1h 24m$8K$379K10x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$29.22
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$14.22
Break-even
3.6 days
Slippage unknown: Orderly: no order-book sample; edgeX: live order book, 11 min ago. Net counts fees only.

Price risk

price view
Price gap now
+0.475%
Avg gap 7d
—
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample—————
Sell edgeX live order book, 11 min ago4.04 bp14.6 bp −$15133.5 bp −$1,335doesn't fitdoesn't fit
Orderly: 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 29 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective OP/USDC PERP−0.1842%1h$34K$86K12xas long as short
GMX OP/USD [OP-USDC]L −0.1162% / S +0.0245%1h$13K—100xas long as short
Coinbase International OP-PERP-INTX−0.0336%1h$21K$69K50xas long as short
Variational Omni OP−0.0097%8h$224K$41K—as long as short
Orderly PERP_OP_USDClong−0.0039%8h$6K$53K10x
dYdX OP-USD0.0000%1h$38K$1010xas long as short
Deribit OP_USDC-PERPETUAL0.0000%1h$43K$185K25xas long as short
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0004%1h——150xas long as short
Gate OP_USDT+0.0019%8h$1.8M$1.5M50xas long as short
OKX OP-USDT-SWAP+0.0027%8h$5.6M$30.2M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bybit OPUSDT+0.0054%8h$18.1M$26.6M75xas long as short
MEXC OP_USDT+0.0094%8h$19.4M$7.4M300xas long as short
Binance OPUSDT+0.0095%8h$19.5M$65.4M75xas long as short
Lighter OP+0.0096%1h$266K$907K15xas long as short
Extended OP-USD+0.0096%1h$99K$206K25xas long as short
Hyperliquid OP+0.0100%1h$3.8M$3.1M5xas long as short
Aster OPUSDT+0.0100%8h$211K$268K10xas long as short
KuCoin OPUSDTM+0.0100%8h$2.9M$7.4M75xas long as short
Bitget OPUSDT+0.0100%8h$6.0M$6.2M75xas long as short
BingX OP-USDC+0.0100%8h—$1.6M—as long as short
Backpack OP_USDC_PERP+0.0100%1h$126K$197K10xas long as short
edgeX OPUSDCshort+0.0100%4h$8K$379K10x
ApeX Omni OPUSDT+0.0100%1h$44K$720K50xas long as short
SoDEX OP-USD+0.0100%1h$189$6K5xas long as short
HTX OP-USDT+0.0100%8h$175K$259K50xas long as short
Aevo OP-PERP+0.0104%1h$4K—3xas long as short
BloFin OP-USDT+0.0215%8h$976K$313K75xas long as short
Reya OPRUSDPERP+0.0433%1h$685—20xas long as short
Kraken Futures PF_OPUSD+0.0547%1h$765K$789K20xas long as short