After costs, if the gap returns to its 7d average, $10k−$71
spread now−0.142%7d average−0.089%fees + slippage, in and out−$66spread needed0.656%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni OPUSDT | 0.1264 | 0.0100 | pay 0.0013% / 1h | 47m 38s | $45K | $714K | 50x |
| Short | OKX OP-USDT-SWAP | 0.1262 | 0.0039 | get 0.0039% / 8h | 7h 47m | $6.0M | $33.4M | 50x |
ApeX Omni OPUSDT
OKX OP-USDT-SWAPPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$14.24
- Funding while held
- −$1.84
- Slippage, 4 orders
- −$45.56
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$81.63
- Spread needed to break even
- 0.656%
Slippage from ApeX Omni: live order book, 62 min ago; OKX: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0061%
- Per $10,000 a day
- −$1.84
- Average in range /8h
- —
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, 62 min ago | 11.76 bp | 20.9 bp −$21 | 126.2 bp −$1,262 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 0.40 bp | 10.3 bp −$10 | 30.8 bp −$308 | doesn't fit | doesn't fit |
OP price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni0.1259cheapestBybit0.1261+0.154%Extended0.1261+0.173%BingX0.1262+0.250%Binance0.1262+0.266%
Variational Omni
Bybit
Extended
BingX
BinanceOKX0.1262+0.266%
BloFin0.1263+0.297%Bitget0.1263+0.329%Coinbase International0.1263+0.329%MEXC0.1263+0.337%Gate0.1263+0.353%dYdX0.1264+0.401%
BloFin
Bitget
Coinbase International
MEXC
Gate
dYdXApeX Omni0.1264+0.409%
edgeX0.1264+0.409%Lighter0.1265+0.448%Aster0.1265+0.485%KuCoin0.1265+0.488%Aevo0.1266+0.555%Hyperliquid0.1266+0.559%Orderly0.1266+0.567%SoDEX0.1266+0.583%Reya0.1267+0.638%Backpack0.1267+0.647%Deribit0.1267+0.647%HTX0.1267+0.671%gTrade (Gains Network)0.1268+0.687%GMX0.1268+0.717%Kraken Futures0.1268+0.717%Injective0.1276+1.362%
Lighter
Aster
KuCoin
Aevo
Hyperliquid
Orderly
SoDEX
Reya
Backpack
Deribit
HTX
gTrade (Gains Network)
GMX
Kraken Futures
InjectiveOP on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni OP | −0.407% | −0.0086% | 8h | $232K | $46K | — | as long as short |
| Bybit OPUSDT | −0.253% | −0.0115% | 8h | $17.8M | $28.0M | 75x | as long as short |
| Extended OP-USD | −0.235% | −0.0048% | 1h | $101K | $212K | 25x | as long as short |
| BingX OP-USDC | −0.158% | +0.0100% | 8h | — | $1.6M | — | as long as short |
| Binance OPUSDT | −0.142% | −0.0048% | 8h | $20.9M | $69.2M | 75x | as long as short |
| OKX OP-USDT-SWAPshort | −0.142% | +0.0039% | 8h | $6.0M | $33.4M | 50x | |
| BloFin OP-USDT | −0.111% | +0.0069% | 8h | $1.0M | $582K | 75x | as long as short |
| Bitget OPUSDT | −0.079% | +0.0100% | 8h | $6.0M | $6.5M | 75x | as long as short |
| Coinbase International OP-PERP-INTX | −0.079% | −0.0304% | 1h | $22K | $91K | 50x | as long as short |
| MEXC OP_USDT | −0.071% | −0.0048% | 8h | $20.2M | $8.7M | 300x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate OP_USDT | −0.055% | +0.0100% | 8h | $1.8M | $1.6M | 50x | as long as short |
| dYdX OP-USD | −0.008% | 0.0000% | 1h | $39K | $10 | 10x | as long as short |
| ApeX Omni OPUSDTlong | 0.000% | +0.0100% | 1h | $45K | $714K | 50x | |
| edgeX OPUSDC | 0.000% | +0.0100% | 4h | $8K | $380K | 10x | as long as short |
| Lighter OP | +0.040% | +0.0096% | 1h | $283K | $829K | 15x | as long as short |
| Aster OPUSDT | +0.076% | +0.0100% | 8h | $214K | $470K | 10x | as long as short |
| KuCoin OPUSDTM | +0.079% | +0.0100% | 8h | $2.8M | $7.4M | 75x | as long as short |
| Aevo OP-PERP | +0.146% | +0.0072% | 1h | $4K | — | 3x | as long as short |
| Hyperliquid OP | +0.150% | +0.0100% | 1h | $3.9M | $3.3M | 5x | as long as short |
| Orderly PERP_OP_USDC | +0.158% | −0.0076% | 8h | $6K | $54K | 10x | as long as short |
| SoDEX OP-USD | +0.174% | +0.0100% | 1h | $189 | $5K | 5x | as long as short |
| Reya OPRUSDPERP | +0.228% | +0.0431% | 1h | $704 | — | 20x | as long as short |
| Backpack OP_USDC_PERP | +0.237% | +0.0100% | 1h | $138K | $183K | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | +0.237% | 0.0000% | 1h | $47K | $200K | 25x | as long as short |
| HTX OP-USDT | +0.261% | +0.0100% | 8h | $182K | $271K | 50x | as long as short |
| gTrade (Gains Network) OP/USD | +0.277% | L +0.0004% / S −0.0004% | 1h | — | — | 150x | as long as short |
| GMX OP/USD [OP-USDC] | +0.307% | L −0.1440% / S +0.0291% | 1h | $13K | — | 100x | as long as short |
| Kraken Futures PF_OPUSD | +0.307% | +0.0470% | 1h | $787K | $683K | 20x | as long as short |
| Injective OP/USDC PERP | +0.949% | +0.0033% | 1h | $25K | $184K | 12x | as long as short |