Spread before costs (cost unknown: a leg has no order-book sample)+0.054%
7d average—if it closes, per $10,000$5funding while held, a day−$1.56
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX OP-USDT | 0.1280 | 0.0100 | pay 0.0100% / 8h | 1h 04m | — | $6.7M | — |
| Short | Aevo OP-PERP | 0.1281 | 0.0048 | get 0.0006% / 1h | 4m 05s | $4K | — | 3x |
BingX OP-USDT
Aevo OP-PERPPrice 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
- $5.39
- Funding while held
- −$1.56
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$22.17
- Spread needed to break even
- 0.260%
Slippage unknown: BingX: live order book, 8 min ago; Aevo: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0052%
- Per $10,000 a day
- −$1.56
- 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 BingX live order book, 8 min ago | 0.39 bp | 8.8 bp −$9 | 12.4 bp −$124 | 59.9 bp −$5,988 | 370.8 bp −$185.4K |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
OP price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International0.1271cheapestInjective0.1276+0.393%Bybit0.1279+0.637%edgeX0.1279+0.646%HTX0.1280+0.692%OKX0.1280+0.708%
Coinbase International
Injective
Bybit
HTX
OKXBingX0.1280+0.716%
Binance0.1280+0.723%SoDEX0.1280+0.724%Reya0.1280+0.743%
Binance
SoDEX
ReyaAevo0.1281+0.770%
Backpack0.1281+0.771%Extended0.1281+0.772%dYdX0.1281+0.787%Gate0.1281+0.787%KuCoin0.1281+0.787%Orderly0.1281+0.787%Deribit0.1281+0.787%Aster0.1281+0.790%MEXC0.1281+0.810%gTrade (Gains Network)0.1281+0.810%Lighter0.1281+0.818%GMX0.1281+0.820%Hyperliquid0.1282+0.850%Kraken Futures0.1282+0.865%Bitget0.1282+0.865%ApeX Omni0.1283+0.944%Variational Omni0.1283+0.953%BloFin0.1284+1.054%
Backpack
Extended
dYdX
Gate
KuCoin
Orderly
Deribit
Aster
MEXC
gTrade (Gains Network)
Lighter
GMX
Hyperliquid
Kraken Futures
Bitget
ApeX Omni
Variational Omni
BloFinOP on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International OP-PERP-INTX | −0.711% | −0.0328% | 1h | $27K | $84K | 50x | as long as short |
| Injective OP/USDC PERP | −0.320% | +0.0033% | 1h | $25K | $238K | 12x | as long as short |
| Bybit OPUSDT | −0.078% | +0.0011% | 8h | $18.0M | $27.4M | 75x | as long as short |
| edgeX OPUSDC | −0.070% | +0.0100% | 4h | $10K | $414K | 10x | as long as short |
| HTX OP-USDT | −0.023% | +0.0100% | 8h | $192K | $244K | 50x | as long as short |
| OKX OP-USDT-SWAP | −0.008% | +0.0058% | 8h | $6.1M | $32.7M | 50x | as long as short |
| BingX OP-USDTlong | 0.000% | +0.0100% | 8h | — | $6.7M | — | |
| Binance OPUSDT | +0.007% | −0.0132% | 8h | $20.9M | $65.6M | 75x | as long as short |
| SoDEX OP-USD | +0.008% | +0.0100% | 1h | $177 | $5K | 5x | as long as short |
| Reya OPRUSDPERP | +0.027% | +0.0430% | 1h | $712 | — | 20x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo OP-PERPshort | +0.054% | +0.0048% | 1h | $4K | — | 3x | |
| Backpack OP_USDC_PERP | +0.055% | +0.0100% | 1h | $133K | $167K | 10x | as long as short |
| Extended OP-USD | +0.056% | −0.0128% | 1h | $102K | $214K | 25x | as long as short |
| dYdX OP-USD | +0.070% | 0.0000% | 1h | $40K | $10 | 10x | as long as short |
| Gate OP_USDT | +0.070% | +0.0100% | 8h | $1.8M | $1.7M | 50x | as long as short |
| KuCoin OPUSDTM | +0.070% | +0.0100% | 8h | $2.9M | $6.9M | 75x | as long as short |
| Orderly PERP_OP_USDC | +0.070% | −0.0082% | 8h | $7K | $53K | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | +0.070% | 0.0000% | 1h | $48K | $199K | 25x | as long as short |
| Aster OPUSDT | +0.074% | +0.0100% | 8h | $202K | $433K | 10x | as long as short |
| MEXC OP_USDT | +0.094% | −0.0130% | 8h | $20.2M | $8.9M | 300x | as long as short |
| gTrade (Gains Network) OP/USD | +0.094% | L +0.0005% / S −0.0004% | 1h | $1K | — | 150x | as long as short |
| Lighter OP | +0.102% | +0.0096% | 1h | $301K | $825K | 15x | as long as short |
| GMX OP/USD [OP-USDC] | +0.103% | L −0.1469% / S +0.0291% | 1h | $13K | — | 100x | as long as short |
| Hyperliquid OP | +0.133% | +0.0100% | 1h | $4.1M | $3.1M | 5x | as long as short |
| Kraken Futures PF_OPUSD | +0.148% | +0.0141% | 1h | $790K | $660K | 20x | as long as short |
| Bitget OPUSDT | +0.148% | +0.0100% | 8h | $6.0M | $6.1M | 75x | as long as short |
| ApeX Omni OPUSDT | +0.227% | +0.0100% | 1h | $46K | $715K | 50x | as long as short |
| Variational Omni OP | +0.235% | −0.0062% | 8h | $237K | $45K | — | as long as short |
| BloFin OP-USDT | +0.336% | −0.0011% | 8h | $1.0M | $586K | 75x | as long as short |