After costs, if the gap returns to its 7d average, $10k−$117
spread now−0.045%7d average−0.017%fees + slippage, in and out−$114spread needed1.139%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster OPUSDT | 0.1233 | 0.0100 | pay 0.0100% / 8h | 4h 55m | $209K | $266K | 10x |
| Short | BloFin OP-USDT | 0.1233 | 0.0220 | get 0.0220% / 8h | 4h 55m | $973K | $303K | 75x |
Aster OPUSDT
BloFin OP-USDTPrice 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
- −$4.48
- Funding while held
- $3.6
- Slippage, 4 orders
- −$93.9
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$114.77
- Spread needed to break even
- 1.139%
Slippage from Aster: live order book, 38 min ago; BloFin: live order book, 43 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0120%
- Per $10,000 a day
- +$3.60
- 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 Aster live order book, 38 min ago | 11.74 bp | 16.8 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 43 min ago | 1.21 bp | 13.5 bp −$13 | 18.1 bp −$181 | 63.9 bp −$6,392 | doesn't fit |
OP price on every exchange
against the cheapest. Click to use as the short leg.Injective0.1228cheapestCoinbase International0.1232+0.326%Reya0.1232+0.349%Bybit0.1233+0.383%Gate0.1233+0.383%
Injective
Coinbase International
Reya
Bybit
GateBloFin0.1233+0.391%
KuCoin0.1233+0.407%Orderly0.1233+0.407%Aevo0.1233+0.414%MEXC0.1233+0.423%OKX0.1233+0.432%SoDEX0.1233+0.432%
KuCoin
Orderly
Aevo
MEXC
OKX
SoDEXAster0.1233+0.436%
Extended0.1233+0.436%Binance0.1233+0.440%Hyperliquid0.1234+0.456%GMX0.1234+0.456%Backpack0.1234+0.464%Lighter0.1234+0.472%Bitget0.1234+0.489%BingX0.1234+0.489%Deribit0.1234+0.489%dYdX0.1234+0.491%Variational Omni0.1234+0.502%gTrade (Gains Network)0.1234+0.503%HTX0.1235+0.570%Kraken Futures0.1235+0.576%ApeX Omni0.1236+0.651%edgeX0.1237+0.773%
Extended
Binance
Hyperliquid
GMX
Backpack
Lighter
Bitget
BingX
Deribit
dYdX
Variational Omni
gTrade (Gains Network)
HTX
Kraken Futures
ApeX OmniOP on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective OP/USDC PERP | −0.434% | −0.1650% | 1h | $34K | $58K | 12x | as long as short |
| Coinbase International OP-PERP-INTX | −0.110% | −0.0312% | 1h | $21K | $67K | 50x | as long as short |
| Reya OPRUSDPERP | −0.086% | +0.0434% | 1h | $685 | — | 20x | as long as short |
| Bybit OPUSDT | −0.053% | +0.0100% | 8h | $18.0M | $26.5M | 75x | as long as short |
| Gate OP_USDT | −0.053% | +0.0052% | 8h | $1.8M | $1.4M | 50x | as long as short |
| BloFin OP-USDTshort | −0.045% | +0.0220% | 8h | $973K | $303K | 75x | |
| KuCoin OPUSDTM | −0.029% | +0.0100% | 8h | $2.9M | $7.4M | 75x | as long as short |
| Orderly PERP_OP_USDC | −0.029% | −0.0026% | 8h | $6K | $53K | 10x | as long as short |
| Aevo OP-PERP | −0.021% | +0.0104% | 1h | $4K | — | 3x | as long as short |
| MEXC OP_USDT | −0.012% | +0.0100% | 8h | $19.5M | $7.1M | 300x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX OP-USDT-SWAP | −0.004% | +0.0046% | 8h | $5.7M | $30.0M | 50x | as long as short |
| SoDEX OP-USD | −0.004% | +0.0100% | 1h | $173 | $6K | 5x | as long as short |
| Aster OPUSDTlong | 0.000% | +0.0100% | 8h | $209K | $266K | 10x | |
| Extended OP-USD | 0.000% | +0.0104% | 1h | $99K | $206K | 25x | as long as short |
| Binance OPUSDT | +0.004% | +0.0100% | 8h | $19.5M | $64.5M | 75x | as long as short |
| Hyperliquid OP | +0.020% | +0.0100% | 1h | $3.8M | $3.1M | 5x | as long as short |
| GMX OP/USD [OP-USDC] | +0.020% | L −0.0887% / S +0.0200% | 1h | $13K | — | 100x | as long as short |
| Backpack OP_USDC_PERP | +0.028% | +0.0100% | 1h | $127K | $197K | 10x | as long as short |
| Lighter OP | +0.036% | +0.0096% | 1h | $266K | $898K | 15x | as long as short |
| Bitget OPUSDT | +0.053% | +0.0100% | 8h | $6.0M | $6.2M | 75x | as long as short |
| BingX OP-USDC | +0.053% | +0.0100% | 8h | — | $1.6M | — | as long as short |
| Deribit OP_USDC-PERPETUAL | +0.053% | 0.0000% | 1h | $43K | $184K | 25x | as long as short |
| dYdX OP-USD | +0.055% | 0.0000% | 1h | $38K | $437 | 10x | as long as short |
| Variational Omni OP | +0.066% | −0.0068% | 8h | $225K | $43K | — | as long as short |
| gTrade (Gains Network) OP/USD | +0.067% | L +0.0004% / S −0.0004% | 1h | — | — | 150x | as long as short |
| HTX OP-USDT | +0.134% | +0.0100% | 8h | $176K | $258K | 50x | as long as short |
| Kraken Futures PF_OPUSD | +0.140% | +0.0528% | 1h | $767K | $766K | 20x | as long as short |
| ApeX Omni OPUSDT | +0.215% | +0.0100% | 1h | $44K | $720K | 50x | as long as short |
| edgeX OPUSDC | +0.336% | +0.0100% | 4h | $10K | $377K | 10x | as long as short |