Funding you earn now, next payment 11:00 UTC−0.0072%/8h= −7.9% APRnext payment −$0.09 per $10,000 · paid last 24h −0.027%
Price spread now: dYdX against Aevo+0.058%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. dYdX is 0.058% dearer against Aevo than usual: you sell high and buy low (spread +0.058% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo OP-PERP | 0.1242 | 0.0072 | pay 0.0009% / 1h | 54m 27s | $3K | $1K | 3x |
| Short | dYdX OP-USD | 0.1243 | 0 | get 0.0000% / 1h | 54m 27s | $38K | $522 | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Aevo. 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
- −$15.12
- Price spread: +0.058% → 0.000%
- $5.78
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$35.34
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; dYdX: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aevo no order-book sample | — | — | — | — | — |
| Sell dYdX no order-book sample | — | — | — | — | — |
Aevo and dYdX: 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| GMX OP/USD [OP-USDC] | L −0.0886% / S +0.0200% | 1h | 0.1243 | +0.089% | $13K | — | 100x | as long as short |
| Deribit OP_USDC-PERPETUAL | −0.0555% | 1h | 0.1242 | +0.007% | $30K | $113K | 25x | as long as short |
| Hyperliquid OP | −0.0488% | 1h | 0.1241 | −0.081% | $3.8M | $3.9M | 5x | as long as short |
| SoDEX OP-USD | −0.0060% | 1h | 0.1242 | +0.007% | $199 | $5K | 5x | as long as short |
| Orderly PERP_OP_USDC | −0.0059% | 8h | 0.1242 | +0.007% | $12K | $232K | 10x | as long as short |
| Coinbase International OP-PERP-INTX | −0.0048% | 1h | 0.1244 | +0.168% | $25K | $67K | 50x | as long as short |
| Binance OPUSDT | −0.0034% | 8h | 0.1241 | −0.052% | $19.2M | $65.9M | 75x | as long as short |
| MEXC OP_USDT | −0.0033% | 8h | 0.1241 | −0.049% | $21.9M | $7.3M | 300x | as long as short |
| Extended OP-USD | −0.0032% | 1h | 0.1241 | −0.064% | $100K | $581K | 25x | as long as short |
| Gate OP_USDT | −0.0012% | 8h | 0.1242 | +0.007% | $2.0M | $1.3M | 50x | as long as short |
Show all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX OP-USDshort | 0.0000% | 1h | 0.1243 | +0.058% | $38K | $522 | 10x | |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1247 | +0.408% | — | — | 150x | as long as short |
| GRVT OP_USDT_Perp | +0.0022% | 8h | 0.1245 | +0.265% | $305K | $5.3M | 10x | as long as short |
| Injective OP/USDC PERP | +0.0033% | 1h | 0.1257 | +1.215% | $35K | $67K | 12x | as long as short |
| Variational Omni OP | +0.0069% | 8h | 0.1243 | +0.115% | $220K | $46K | — | as long as short |
| Aevo OP-PERPlong | +0.0072% | 1h | 0.1242 | long leg | $3K | $1K | 3x | |
| BloFin OP-USDT | +0.0092% | 8h | 0.1243 | +0.064% | $979K | $281K | 75x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1242 | +0.031% | $263K | $1.1M | 15x | as long as short |
| Aster OPUSDT | +0.0100% | 8h | 0.1243 | +0.088% | $206K | $210K | 10x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1241 | −0.041% | $18.0M | $24.6M | 75x | as long as short |
| OKX OP-USDT-SWAP | +0.0100% | 8h | 0.1242 | −0.017% | $6.0M | $27.6M | 50x | as long as short |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1242 | +0.007% | $2.9M | $5.6M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1242 | +0.007% | $5.8M | $6.7M | 75x | as long as short |
| BingX OP-USDC | +0.0100% | 8h | 0.1242 | +0.007% | — | $1.6M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1242 | +0.015% | $109K | $220K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1245 | +0.288% | $4K | $1.1M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1247 | +0.410% | $43K | $689K | 50x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1244 | +0.200% | $168K | $252K | 50x | as long as short |
| Kraken Futures PF_OPUSD | +0.0155% | 1h | 0.1244 | +0.157% | $739K | $748K | 20x | as long as short |
| Reya OPRUSDPERP | +0.0446% | 1h | 0.1241 | −0.054% | $690 | — | 20x | as long as short |
GMX OP/USD [OP-USDC]
Deribit OP_USDC-PERPETUAL
Hyperliquid OP
SoDEX OP-USD
Coinbase International OP-PERP-INTX
Binance OPUSDT
MEXC OP_USDT
Extended OP-USD
Gate OP_USDT
gTrade (Gains Network) OP/USD
GRVT OP_USDT_Perp
Injective OP/USDC PERP
Variational Omni OP
BloFin OP-USDT
Lighter OP
Aster OPUSDT
Bybit OPUSDT
OKX OP-USDT-SWAP
KuCoin OPUSDTM
Bitget OPUSDT
BingX OP-USDC
Backpack OP_USDC_PERP
edgeX OPUSDC
ApeX Omni OPUSDT
HTX OP-USDT
Kraken Futures PF_OPUSD