Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bitget against ApeX Omni0.000%83s7-day average −0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as 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−$690.694% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.241%−$24 · spread now 0.000%, 7d avg −0.036%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.036% dearer against ApeX Omni than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.036%. 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 | 0.1241 | 0.0100 | pay 0.0013% / 1h | 10m 08s | $43K | $684K | 50x |
| Short | Bitget OPUSDT | 0.1241 | 0.0100 | get 0.0100% / 8h | 4h 10m | $5.8M | $6.6M | 75x |
ApeX Omni OPUSDT
Bitget OPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: 0.000% → −0.036%
- $3.62
- Slippage, 4 orders
- −$47.42
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$65.8
- Costs to cover
- 0.694%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 32 min ago; Bitget: live order book, 1 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, 32 min ago | 12.12 bp | 20.3 bp −$20 | 111.4 bp −$1,114 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 4.04 bp | 10.4 bp −$10 | 25.4 bp −$254 | 111.3 bp −$11.1K | doesn't fit |
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 −0.1360% / S +0.0278% | 1h | 0.1240 | −0.058% | $13K | — | 100x | as long as short |
| Deribit OP_USDC-PERPETUAL | −0.0556% | 1h | 0.1240 | −0.081% | $30K | $112K | 25x | as long as short |
| Hyperliquid OP | −0.0444% | 1h | 0.1240 | −0.073% | $3.8M | $4.1M | 5x | as long as short |
| Binance OPUSDT | −0.0169% | 8h | 0.1242 | +0.075% | $19.2M | $65.4M | 75x | as long as short |
| Extended OP-USD | −0.0168% | 1h | 0.1239 | −0.129% | $102K | $669K | 25x | as long as short |
| MEXC OP_USDT | −0.0164% | 8h | 0.1240 | −0.089% | $21.7M | $7.2M | 300x | as long as short |
| Orderly PERP_OP_USDC | −0.0096% | 8h | 0.1239 | −0.161% | $12K | $229K | 10x | as long as short |
| Gate OP_USDT | −0.0073% | 8h | 0.1241 | +0.024% | $1.9M | $1.3M | 50x | as long as short |
| Coinbase International OP-PERP-INTX | −0.0056% | 1h | 0.1240 | −0.081% | $24K | $71K | 50x | as long as short |
| Kraken Futures PF_OPUSD | −0.0053% | 1h | 0.1241 | +0.040% | $735K | $721K | 20x | as long as short |
GMX OP/USD [OP-USDC]
Deribit OP_USDC-PERPETUAL
Hyperliquid OP
Binance OPUSDT
Extended OP-USD
MEXC OP_USDT
Orderly PERP_OP_USDC
Gate OP_USDT
Coinbase International OP-PERP-INTX
Kraken Futures PF_OPUSDShow all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin OP-USDT | −0.0044% | 8h | 0.1237 | −0.282% | $979K | $260K | 75x | as long as short |
| GRVT OP_USDT_Perp | −0.0012% | 8h | 0.1240 | −0.081% | $302K | $5.8M | 10x | as long as short |
| KuCoin OPUSDTM | −0.0006% | 8h | 0.1239 | −0.161% | $2.9M | $5.1M | 75x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1242 | +0.053% | $38K | $522 | 10x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1240 | −0.048% | — | — | 150x | as long as short |
| Injective OP/USDC PERP | +0.0033% | 1h | 0.1233 | −0.645% | $34K | $67K | 12x | as long as short |
| Aevo OP-PERP | +0.0040% | 1h | 0.1240 | −0.121% | $3K | $1K | 3x | as long as short |
| Variational Omni OP | +0.0045% | 8h | 0.1237 | −0.338% | $220K | $44K | — | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1240 | −0.040% | $248K | $1.1M | 15x | as long as short |
| Aster OPUSDT | +0.0100% | 8h | 0.1242 | +0.047% | $205K | $202K | 10x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1242 | +0.056% | $18.1M | $24.2M | 75x | as long as short |
| OKX OP-USDT-SWAP | +0.0100% | 8h | 0.1242 | +0.089% | $6.0M | $26.8M | 50x | as long as short |
| Bitget OPUSDTshort | +0.0100% | 8h | 0.1241 | 0.000% | $5.8M | $6.6M | 75x | |
| BingX OP-USDC | +0.0100% | 8h | 0.1241 | 0.000% | — | $1.6M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1240 | −0.056% | $111K | $221K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1240 | −0.100% | $4K | $1.1M | 10x | as long as short |
| ApeX Omni OPUSDTlong | +0.0100% | 1h | 0.1241 | long leg | $43K | $684K | 50x | |
| SoDEX OP-USD | +0.0100% | 1h | 0.1240 | −0.081% | $191 | $5K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1240 | −0.073% | $168K | $264K | 50x | as long as short |
| Reya OPRUSDPERP | +0.0448% | 1h | 0.1239 | −0.141% | $689 | — | 20x | as long as short |
BloFin OP-USDT
GRVT OP_USDT_Perp
KuCoin OPUSDTM
dYdX OP-USD
gTrade (Gains Network) OP/USD
Injective OP/USDC PERP
Aevo OP-PERP
Variational Omni OP
Lighter OP
Aster OPUSDT
Bybit OPUSDT
OKX OP-USDT-SWAP
BingX OP-USDC
Backpack OP_USDC_PERP
edgeX OPUSDC
SoDEX OP-USD
HTX OP-USDT
Reya OPRUSDPERP