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−$64
spread now+0.201%7d average+0.018%fees + slippage, in and out−$82spread needed0.822%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster OPUSDT0.12360.0100pay 0.0100% / 8h5h 35m$211K$268K10x
ShortApeX Omni OPUSDT0.12380.0100get 0.0013% / 1h35m 17s$44K$719K50x

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
$20.13
Funding while held
$0
Slippage, 4 orders
−$64.21
Fee Aster: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$62.07
Spread needed to break even
0.822%
Slippage from Aster: live order book, 63 min ago; ApeX Omni: live order book, 65 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 Aster live order book, 63 min ago6.42 bp15.5 bp −$16doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 65 min ago12.09 bp25.6 bp −$26141.0 bp −$1,410doesn'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
Injective OP/USDC PERP−0.446%−0.1842%1h$34K$86K12xas long as short
Coinbase International OP-PERP-INTX−0.203%−0.0336%1h$21K$69K50xas long as short
Orderly PERP_OP_USDC−0.122%−0.0043%8h$6K$54K10xas long as short
Bybit OPUSDT−0.106%+0.0008%8h$18.0M$26.7M75xas long as short
BingX OP-USDT−0.098%+0.0100%8h$6.5Mas long as short
MEXC OP_USDT−0.090%+0.0086%8h$19.5M$7.4M300xas long as short
Gate OP_USDT−0.082%+0.0048%8h$1.8M$1.5M50xas long as short
OKX OP-USDT-SWAP−0.074%+0.0018%8h$5.6M$30.4M50xas long as short
Extended OP-USD−0.073%+0.0088%1h$99K$206K25xas long as short
Reya OPRUSDPERP−0.073%+0.0433%1h$68620xas long as short
Show all 29 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
SoDEX OP-USD−0.066%+0.0100%1h$204$6K5xas long as short
HTX OP-USDT−0.050%+0.0100%8h$176K$260K50xas long as short
KuCoin OPUSDTM−0.041%+0.0100%8h$2.9M$7.4M75xas long as short
Bitget OPUSDT−0.041%+0.0100%8h$6.0M$6.2M75xas long as short
Aevo OP-PERP−0.041%+0.0104%1h$4K3xas long as short
Deribit OP_USDC-PERPETUAL−0.041%0.0000%1h$43K$186K25xas long as short
Binance OPUSDT−0.033%+0.0086%8h$19.5M$65.7M75xas long as short
Hyperliquid OP−0.025%+0.0100%1h$3.8M$3.1M5xas long as short
Backpack OP_USDC_PERP−0.025%+0.0100%1h$127K$199K10xas long as short
dYdX OP-USD−0.017%0.0000%1h$38K$1010xas long as short
Lighter OP−0.009%+0.0096%1h$265K$905K15xas long as short
GMX OP/USD [OP-USDC]−0.009%L −0.1162% / S +0.0245%1h$13K100xas long as short
BloFin OP-USDT−0.001%+0.0206%8h$982K$314K75xas long as short
Aster OPUSDTlong0.000%+0.0100%8h$211K$268K10x
gTrade (Gains Network) OP/USD+0.031%L +0.0004% / S −0.0004%1h150xas long as short
Variational Omni OP+0.047%−0.0113%8h$224K$41Kas long as short
Kraken Futures PF_OPUSD+0.065%+0.0545%1h$767K$788K20xas long as short
edgeX OPUSDC+0.167%+0.0100%4h$9K$378K10xas long as short
ApeX Omni OPUSDTshort+0.201%+0.0100%1h$44K$719K50x