data as of
Settings8H · net · $10k
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Price arb /

OP

all OP markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$318
spread now−0.085%7d average+0.035%fees + slippage, in and out−$306spread needed3.058%
Long on BingXShort on Aster
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX OP-USDC0.12910.0100pay 0.0100% / 8h1h 58m—$1.6M—
ShortAster OPUSDT0.12900.0100get 0.0100% / 8h1h 58m$203K$438K10x

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
−$8.52
Funding while held
$0
Slippage, 4 orders
−$287.77
Fee BingX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$314.29
Spread needed to break even
3.058%
Slippage from BingX: live order book, 10 min ago; Aster: live order book, 60 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 BingX live order book, 10 min ago7.73 bp110.4 bp −$110873.1 bp −$8,7311146.1 bp −$114.6Kdoesn't fit
Sell Aster live order book, 60 min ago6.48 bp36.4 bp −$36doesn't fitdoesn't fitdoesn't fit

OP price on every exchange

against the cheapest. Click to use as the short leg.
Variational Omni0.1288cheapestedgeX0.1288+0.059%Extended0.1289+0.107%
Aster0.1290+0.171%
KuCoin0.1290+0.179%SoDEX0.1290+0.179%Coinbase International0.1290+0.179%Reya0.1290+0.199%Bybit0.1290+0.202%Binance0.1291+0.227%HTX0.1291+0.241%OKX0.1291+0.249%Bitget0.1291+0.257%
BingX0.1291+0.257%
Orderly0.1291+0.257%Aevo0.1291+0.257%MEXC0.1291+0.264%GMX0.1291+0.270%Gate0.1291+0.272%BloFin0.1291+0.288%gTrade (Gains Network)0.1291+0.295%dYdX0.1292+0.306%Hyperliquid0.1292+0.319%Backpack0.1292+0.319%Deribit0.1292+0.334%ApeX Omni0.1293+0.412%Kraken Futures0.1293+0.418%Lighter0.1293+0.435%Injective0.1297+0.723%

OP on 29 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Variational Omni OP−0.256%−0.0060%8h$236K$39K—as long as short
edgeX OPUSDC−0.197%+0.0100%4h$4K$410K10xas long as short
Extended OP-USD−0.149%−0.0136%1h$103K$217K25xas long as short
Aster OPUSDTshort−0.085%+0.0100%8h$203K$438K10x
KuCoin OPUSDTM−0.077%+0.0100%8h$3.0M$6.6M75xas long as short
SoDEX OP-USD−0.077%+0.0100%1h$174$5K5xas long as short
Coinbase International OP-PERP-INTX−0.077%−0.0328%1h$28K$87K50xas long as short
Reya OPRUSDPERP−0.058%+0.0430%1h$717—20xas long as short
Bybit OPUSDT−0.054%+0.0011%8h$18.2M$26.8M75xas long as short
Binance OPUSDT−0.030%−0.0134%8h$20.9M$63.7M75xas long as short
Show all 29 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
HTX OP-USDT−0.015%+0.0100%8h$192K$228K50xas long as short
OKX OP-USDT-SWAP−0.008%+0.0079%8h$6.3M$31.8M50xas long as short
Bitget OPUSDT0.000%+0.0100%8h$6.0M$6.0M75xas long as short
BingX OP-USDClong0.000%+0.0100%8h—$1.6M—
Orderly PERP_OP_USDC0.000%−0.0067%8h$7K$51K10xas long as short
Aevo OP-PERP0.000%+0.0048%1h$4K—3xas long as short
MEXC OP_USDT+0.008%−0.0134%8h$19.9M$8.6M300xas long as short
GMX OP/USD [OP-USDC]+0.013%L −0.1208% / S +0.0249%1h$13K—100xas long as short
Gate OP_USDT+0.015%+0.0100%8h$1.8M$1.6M50xas long as short
BloFin OP-USDT+0.031%−0.0015%8h$1.0M$585K75xas long as short
gTrade (Gains Network) OP/USD+0.039%L +0.0005% / S −0.0004%1h$1K—150xas long as short
dYdX OP-USD+0.049%0.0000%1h$40K$1010xas long as short
Hyperliquid OP+0.062%+0.0100%1h$4.1M$3.0M5xas long as short
Backpack OP_USDC_PERP+0.062%+0.0130%1h$135K$161K10xas long as short
Deribit OP_USDC-PERPETUAL+0.077%0.0000%1h$40K$212K25xas long as short
ApeX Omni OPUSDT+0.155%+0.0100%1h$46K$704K50xas long as short
Kraken Futures PF_OPUSD+0.161%+0.0140%1h$793K$661K20xas long as short
Lighter OP+0.178%+0.0720%1h$372K$731K15xas long as short
Injective OP/USDC PERP+0.465%+0.0033%1h$25K$185K12xas long as short