Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.025%
Price spread now: BingX against Binance−0.018%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$440.437% of the position
Funding, last 7 days+0.071%+$7 on $10k
+Price spread, last 7 days−0.014%−$1 · spread now −0.018%, 7d avg −0.036%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance OPUSDT | 0.1272 | 0.0100 | pay 0.0100% / 8h | 5h 31m | $20.6M | $60.5M | 75x |
| Short | BingX OP-USDT | 0.1272 | 0.0100 | get 0.0100% / 8h | 5h 31m | — | $6.3M | — |
Binance OPUSDT
BingX OP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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: −0.018% → −0.036%
- $1.87
- Slippage, 4 orders
- −$23.71
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$41.84
- Costs to cover
- 0.437%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; BingX: live order book, 6 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 Binance live order book, 11 min ago | 0.40 bp | 12.6 bp −$13 | 22.7 bp −$227 | 111.8 bp −$11.2K | doesn't fit |
| Sell BingX live order book, 6 min ago | 0.79 bp | 10.0 bp −$10 | 20.6 bp −$206 | 91.9 bp −$9,186 | 387.6 bp −$193.8K |
OP on 30 venues
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective OP/USDC PERP | −0.1488% | 1h | 0.1265 | −0.552% | $35K | $58K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1272 | +0.005% | $13K | — | 100x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1271 | −0.116% | $39K | $519 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1272 | −0.002% | $42K | $151K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1272 | −0.015% | — | — | 150x | as long as short |
| OKX OP-USDT-SWAP | +0.0035% | 8h | 0.1272 | −0.033% | $6.1M | $29.2M | 50x | as long as short |
| Variational Omni OP | +0.0050% | 8h | 0.1271 | −0.113% | $225K | $50K | — | as long as short |
| Orderly PERP_OP_USDC | +0.0054% | 8h | 0.1271 | −0.081% | $6K | $45K | 10x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1273 | +0.053% | $281K | $936K | 15x | as long as short |
| Hyperliquid OP | +0.0100% | 1h | 0.1273 | +0.069% | $3.7M | $3.0M | 5x | as long as short |
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
dYdX OP-USD
Deribit OP_USDC-PERPETUAL
gTrade (Gains Network) OP/USD
OKX OP-USDT-SWAP
Variational Omni OP
Orderly PERP_OP_USDC
Lighter OP
Hyperliquid OPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster OPUSDT | +0.0100% | 8h | 0.1272 | +0.002% | $212K | $229K | 10x | as long as short |
| Binance OPUSDTlong | +0.0100% | 8h | 0.1272 | long leg | $20.6M | $60.5M | 75x | |
| Bybit OPUSDT | +0.0100% | 8h | 0.1271 | −0.065% | $18.5M | $25.3M | 75x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1272 | +0.030% | $2.0M | $1.5M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1272 | −0.002% | $20.9M | $7.0M | 300x | as long as short |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1271 | −0.081% | $2.9M | $6.7M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1272 | −0.002% | $5.9M | $6.5M | 75x | as long as short |
| BingX OP-USDTshort | +0.0100% | 8h | 0.1272 | −0.018% | — | $6.3M | — | |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1271 | −0.049% | $121K | $195K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1269 | −0.221% | $4K | $390K | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1270 | −0.134% | $313K | $5.1M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1270 | −0.159% | $44K | $706K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1272 | −0.026% | $183 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1271 | −0.049% | $175K | $216K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1271 | −0.080% | $106K | $394K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1272 | −0.022% | $3K | $1K | 3x | as long as short |
| Coinbase International OP-PERP-INTX | +0.0152% | 1h | 0.1265 | −0.552% | $24K | $70K | 50x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1271 | −0.096% | $1.0M | $272K | 75x | as long as short |
| Reya OPRUSDPERP | +0.0440% | 1h | 0.1271 | −0.070% | $707 | — | 20x | as long as short |
| Kraken Futures PF_OPUSD | +0.0488% | 1h | 0.1273 | +0.040% | $804K | $576K | 20x | as long as short |
Aster OPUSDT
Bybit OPUSDT
Gate OP_USDT
MEXC OP_USDT
KuCoin OPUSDTM
Bitget OPUSDT
Backpack OP_USDC_PERP
edgeX OPUSDC
GRVT OP_USDT_Perp
ApeX Omni OPUSDT
SoDEX OP-USD
HTX OP-USDT
Extended OP-USD
Aevo OP-PERP
Coinbase International OP-PERP-INTX
BloFin OP-USDT
Reya OPRUSDPERP
Kraken Futures PF_OPUSD