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

OP

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.028%
Price spread now: Extended against Aevo−0.019%7-day average · you buy dearer than you sell
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 fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo OP-PERP0.12610.0104pay 0.0013% / 1h8m 53s$4K3x
ShortExtended OP-USD0.12600.0104get 0.0013% / 1h8m 53s$101K$186K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0
Price spread: −0.019% → 0.000%
−$1.91
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$22.91
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Extended: live order book, 13 min ago. 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 Extended live order book, 13 min ago11.85 bp21.1 bp −$21146.5 bp −$1,465doesn't fitdoesn't fit
Aevo: 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−0.1658%1h0.1254−0.523%$35K$58K12xas long as short
GMX OP/USD [OP-USDC]L −0.1065% / S +0.0229%1h0.1261+0.063%$13K100xas long as short
Coinbase International OP-PERP-INTX−0.0328%1h0.1243−1.395%$21K$64K50xas long as short
dYdX OP-USD0.0000%1h0.1262+0.136%$39K$51910xas long as short
Deribit OP_USDC-PERPETUAL0.0000%1h0.1261+0.033%$42K$171K25xas long as short
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0004%1h0.1262+0.102%150xas long as short
Variational Omni OP+0.0035%8h0.1260−0.077%$230K$44Kas long as short
Orderly PERP_OP_USDC+0.0040%8h0.1261+0.033%$6K$50K10xas long as short
OKX OP-USDT-SWAP+0.0092%8h0.1261+0.001%$5.9M$29.8M50xas long as short
Lighter OP+0.0096%1h0.1262+0.104%$271K$908K15xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid OP+0.0100%1h0.1262+0.144%$4.1M$3.0M5xas long as short
Aster OPUSDT+0.0100%8h0.1261+0.031%$212K$241K10xas long as short
Binance OPUSDT+0.0100%8h0.1261−0.006%$20.5M$62.7M75xas long as short
Bybit OPUSDT+0.0100%8h0.1260−0.055%$18.4M$25.4M75xas long as short
Gate OP_USDT+0.0100%8h0.1262+0.080%$1.8M$1.5M50xas long as short
MEXC OP_USDT+0.0100%8h0.1261+0.001%$20.0M$7.3M300xas long as short
KuCoin OPUSDTM+0.0100%8h0.1260−0.047%$2.9M$7.6M75xas long as short
Bitget OPUSDT+0.0100%8h0.1262+0.112%$6.0M$6.2M75xas long as short
BingX OP-USDT+0.0100%8h0.1261+0.009%$6.8Mas long as short
Backpack OP_USDC_PERP+0.0100%1h0.1261+0.017%$125K$194K10xas long as short
edgeX OPUSDC+0.0100%4h0.1260−0.054%$11K$382K10xas long as short
GRVT OP_USDT_Perp+0.0100%8h0.1262+0.124%$312K$5.1M10xas long as short
ApeX Omni OPUSDT+0.0100%1h0.1261+0.033%$45K$720K50xas long as short
SoDEX OP-USD+0.0100%1h0.1261+0.009%$169$6K5xas long as short
HTX OP-USDT+0.0100%8h0.1262+0.144%$175K$232K50xas long as short
Extended OP-USDshort+0.0104%1h0.1260−0.019%$101K$186K25x
Aevo OP-PERPlong+0.0104%1h0.1261long leg$4K3x
Kraken Futures PF_OPUSD+0.0136%1h0.1262+0.130%$781K$732K20xas long as short
BloFin OP-USDT+0.0220%8h0.1260−0.063%$1.0M$281K75xas long as short
Reya OPRUSDPERP+0.0436%1h0.1261+0.029%$70120xas long as short