data as of
Settings8H · net · $10k
Price arb /

OP

all OP markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$62
spread now+0.153%7d average−0.022%fees + slippage, in and out−$79spread needed0.794%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni OPUSDT0.12400.0100pay 0.0013% / 1h1m 19s$44K$719K50x
ShortHTX OP-USDT0.12420.0100get 0.0100% / 8h5h 01m$177K$258K50x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$15.32
Funding while held
$0
Slippage, 4 orders
−$57.35
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$64.03
Spread needed to break even
0.794%
Slippage from ApeX Omni: live order book, 34 min ago; HTX: live order book, 32 min ago.

Cost of waiting

funding view
Funding /8h
0.0000%
Per $10,000 a day
+$0.00
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 34 min ago8.10 bp18.5 bp −$19115.6 bp −$1,156doesn't fitdoesn't fit
Sell HTX live order book, 32 min ago10.92 bp20.3 bp −$20doesn't fitdoesn't fitdoesn't fit

OP price on every exchange

against the cheapest. Click to use as the short leg.

OP on 29 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Coinbase International OP-PERP-INTX−0.806%−0.0336%1h$21K$66K50xas long as short
Injective OP/USDC PERP−0.323%−0.1842%1h$34K$86K12xas long as short
Bybit OPUSDT−0.145%+0.0099%8h$18.1M$26.4M75xas long as short
OKX OP-USDT-SWAP−0.105%+0.0048%8h$5.7M$30.1M50xas long as short
MEXC OP_USDT−0.089%+0.0100%8h$19.6M$7.4M300xas long as short
Extended OP-USD−0.082%+0.0104%1h$99K$206K25xas long as short
Binance OPUSDT−0.081%+0.0100%8h$19.6M$64.5M75xas long as short
Orderly PERP_OP_USDC−0.081%−0.0028%8h$6K$53K10xas long as short
Aevo OP-PERP−0.081%+0.0104%1h$4K3xas long as short
Reya OPRUSDPERP−0.073%+0.0434%1h$68920xas long as short
Show all 29 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Aster OPUSDT−0.039%+0.0100%8h$210K$266K10xas long as short
GMX OP/USD [OP-USDC]−0.035%L −0.0887% / S +0.0200%1h$13K100xas long as short
Variational Omni OP−0.033%−0.0075%8h$226K$43Kas long as short
edgeX OPUSDC−0.018%+0.0100%4h$9K$381K10xas long as short
Lighter OP−0.008%+0.0096%1h$267K$907K15xas long as short
Gate OP_USDT−0.008%+0.0075%8h$1.8M$1.5M50xas long as short
KuCoin OPUSDTM0.000%+0.0100%8h$3.0M$7.4M75xas long as short
Bitget OPUSDT0.000%+0.0100%8h$6.0M$6.2M75xas long as short
BingX OP-USDC0.000%+0.0100%8h$1.6Mas long as short
ApeX Omni OPUSDTlong0.000%+0.0100%1h$44K$719K50x
gTrade (Gains Network) OP/USD+0.007%L +0.0004% / S −0.0004%1h150xas long as short
Backpack OP_USDC_PERP+0.008%+0.0100%1h$128K$197K10xas long as short
Hyperliquid OP+0.016%+0.0100%1h$3.8M$3.1M5xas long as short
SoDEX OP-USD+0.016%+0.0100%1h$175$6K5xas long as short
BloFin OP-USDT+0.040%+0.0220%8h$976K$305K75xas long as short
Deribit OP_USDC-PERPETUAL+0.081%0.0000%1h$43K$185K25xas long as short
dYdX OP-USD+0.097%0.0000%1h$38K$43710xas long as short
HTX OP-USDTshort+0.153%+0.0100%8h$177K$258K50x
Kraken Futures PF_OPUSD+0.179%+0.0542%1h$771K$770K20xas long as short