Funding you earn now, next payment 10:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: BingX against ApeX Omni−0.168%83s7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$630.630% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.204%−$20 · spread now −0.168%, 7d avg −0.068%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.099% cheaper against ApeX Omni than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.068%. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni OPUSDT | 0.1251 | 0.0100 | pay 0.0013% / 1h | 18m 04s | $43K | $690K | 50x |
| Short | BingX OP-USDT | 0.1249 | 0.0100 | get 0.0100% / 8h | 6h 18m | — | $6.5M | — |
ApeX Omni OPUSDT
BingX OP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against ApeX Omni. 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
- $0
- Price spread: −0.168% → −0.068%
- −$9.94
- Slippage, 4 orders
- −$43
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$72.94
- Costs to cover
- 0.630%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 33 min ago; BingX: live order book, 12 min ago.
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 ApeX Omni live order book, 33 min ago | 12.03 bp | 22.3 bp −$22 | 109.4 bp −$1,094 | doesn't fit | doesn't fit |
| Sell BingX live order book, 12 min ago | 0.80 bp | 9.5 bp −$9 | 18.4 bp −$184 | 93.3 bp −$9,335 | 389.6 bp −$194.8K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective OP/USDC PERP | −0.1934% | 1h | 0.1257 | +0.480% | $35K | $67K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.0886% / S +0.0200% | 1h | 0.1248 | −0.219% | $13K | — | 100x | as long as short |
| Deribit OP_USDC-PERPETUAL | −0.0550% | 1h | 0.1249 | −0.160% | $31K | $128K | 25x | as long as short |
| Orderly PERP_OP_USDC | −0.0058% | 8h | 0.1248 | −0.240% | $12K | $233K | 10x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1250 | −0.088% | $39K | $522 | 10x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1248 | −0.240% | — | — | 150x | as long as short |
| MEXC OP_USDT | +0.0021% | 8h | 0.1249 | −0.144% | $22.1M | $7.6M | 300x | as long as short |
| Binance OPUSDT | +0.0021% | 8h | 0.1249 | −0.164% | $19.2M | $68.2M | 75x | as long as short |
| Extended OP-USD | +0.0024% | 1h | 0.1249 | −0.148% | $102K | $579K | 25x | as long as short |
| GRVT OP_USDT_Perp | +0.0028% | 8h | 0.1251 | −0.029% | $305K | $5.5M | 10x | as long as short |
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
Deribit OP_USDC-PERPETUAL
Orderly PERP_OP_USDC
dYdX OP-USD
gTrade (Gains Network) OP/USD
MEXC OP_USDT
Binance OPUSDT
Extended OP-USD
GRVT OP_USDT_PerpShow all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate OP_USDT | +0.0057% | 8h | 0.1250 | −0.104% | $2.0M | $1.4M | 50x | as long as short |
| Variational Omni OP | +0.0072% | 8h | 0.1250 | −0.104% | $221K | $46K | — | as long as short |
| KuCoin OPUSDTM | +0.0076% | 8h | 0.1248 | −0.240% | $2.9M | $5.8M | 75x | as long as short |
| Coinbase International OP-PERP-INTX | +0.0080% | 1h | 0.1248 | −0.240% | $26K | $71K | 50x | as long as short |
| BloFin OP-USDT | +0.0085% | 8h | 0.1248 | −0.240% | $979K | $278K | 75x | as long as short |
| Aevo OP-PERP | +0.0088% | 1h | 0.1249 | −0.200% | $3K | $1K | 3x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1250 | −0.096% | $265K | $1.1M | 15x | as long as short |
| Hyperliquid OP | +0.0100% | 1h | 0.1249 | −0.176% | $3.5M | $3.7M | 5x | as long as short |
| Aster OPUSDT | +0.0100% | 8h | 0.1249 | −0.188% | $207K | $224K | 10x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1249 | −0.200% | $18.1M | $25.8M | 75x | as long as short |
| OKX OP-USDT-SWAP | +0.0100% | 8h | 0.1249 | −0.152% | $6.0M | $28.6M | 50x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1249 | −0.160% | $5.8M | $6.8M | 75x | as long as short |
| BingX OP-USDTshort | +0.0100% | 8h | 0.1249 | −0.168% | — | $6.5M | — | |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1249 | −0.136% | $110K | $222K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1250 | −0.041% | $4K | $1.1M | 10x | as long as short |
| ApeX Omni OPUSDTlong | +0.0100% | 1h | 0.1251 | long leg | $43K | $690K | 50x | |
| SoDEX OP-USD | +0.0100% | 1h | 0.1249 | −0.144% | $201 | $5K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1252 | +0.080% | $169K | $257K | 50x | as long as short |
| Reya OPRUSDPERP | +0.0446% | 1h | 0.1249 | −0.138% | $695 | — | 20x | as long as short |
| Kraken Futures PF_OPUSD | +0.0512% | 1h | 0.1251 | +0.003% | $744K | $802K | 20x | as long as short |
Gate OP_USDT
Variational Omni OP
KuCoin OPUSDTM
Coinbase International OP-PERP-INTX
BloFin OP-USDT
Aevo OP-PERP
Lighter OP
Hyperliquid OP
Aster OPUSDT
Bybit OPUSDT
OKX OP-USDT-SWAP
Bitget OPUSDT
Backpack OP_USDC_PERP
edgeX OPUSDC
SoDEX OP-USD
HTX OP-USDT
Reya OPRUSDPERP
Kraken Futures PF_OPUSD