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

OP

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo OP-PERP0.12420.0072pay 0.0009% / 1h54m 27s$3K$1K3x
ShortdYdX OP-USD0.12430get 0.0000% / 1h54m 27s$38K$52210x

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 it
latest
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
LegHalf-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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX OP/USD [OP-USDC]L −0.0886% / S +0.0200%1h0.1243+0.089%$13K100xas long as short
Deribit OP_USDC-PERPETUAL−0.0555%1h0.1242+0.007%$30K$113K25xas long as short
Hyperliquid OP−0.0488%1h0.1241−0.081%$3.8M$3.9M5xas long as short
SoDEX OP-USD−0.0060%1h0.1242+0.007%$199$5K5xas long as short
Orderly PERP_OP_USDC−0.0059%8h0.1242+0.007%$12K$232K10xas long as short
Coinbase International OP-PERP-INTX−0.0048%1h0.1244+0.168%$25K$67K50xas long as short
Binance OPUSDT−0.0034%8h0.1241−0.052%$19.2M$65.9M75xas long as short
MEXC OP_USDT−0.0033%8h0.1241−0.049%$21.9M$7.3M300xas long as short
Extended OP-USD−0.0032%1h0.1241−0.064%$100K$581K25xas long as short
Gate OP_USDT−0.0012%8h0.1242+0.007%$2.0M$1.3M50xas long as short
Show all 30 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX OP-USDshort0.0000%1h0.1243+0.058%$38K$52210x
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0004%1h0.1247+0.408%150xas long as short
GRVT OP_USDT_Perp+0.0022%8h0.1245+0.265%$305K$5.3M10xas long as short
Injective OP/USDC PERP+0.0033%1h0.1257+1.215%$35K$67K12xas long as short
Variational Omni OP+0.0069%8h0.1243+0.115%$220K$46Kas long as short
Aevo OP-PERPlong+0.0072%1h0.1242long leg$3K$1K3x
BloFin OP-USDT+0.0092%8h0.1243+0.064%$979K$281K75xas long as short
Lighter OP+0.0096%1h0.1242+0.031%$263K$1.1M15xas long as short
Aster OPUSDT+0.0100%8h0.1243+0.088%$206K$210K10xas long as short
Bybit OPUSDT+0.0100%8h0.1241−0.041%$18.0M$24.6M75xas long as short
OKX OP-USDT-SWAP+0.0100%8h0.1242−0.017%$6.0M$27.6M50xas long as short
KuCoin OPUSDTM+0.0100%8h0.1242+0.007%$2.9M$5.6M75xas long as short
Bitget OPUSDT+0.0100%8h0.1242+0.007%$5.8M$6.7M75xas long as short
BingX OP-USDC+0.0100%8h0.1242+0.007%$1.6Mas long as short
Backpack OP_USDC_PERP+0.0100%1h0.1242+0.015%$109K$220K10xas long as short
edgeX OPUSDC+0.0100%4h0.1245+0.288%$4K$1.1M10xas long as short
ApeX Omni OPUSDT+0.0100%1h0.1247+0.410%$43K$689K50xas long as short
HTX OP-USDT+0.0100%8h0.1244+0.200%$168K$252K50xas long as short
Kraken Futures PF_OPUSD+0.0155%1h0.1244+0.157%$739K$748K20xas long as short
Reya OPRUSDPERP+0.0446%1h0.1241−0.054%$69020xas long as short