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−$103
spread now−0.238%7d average+0.054%fees + slippage, in and out−$74spread needed0.740%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget OPUSDT0.12620.0100pay 0.0100% / 8h8m 41s$5.9M$6.5M75x
ShortApeX Omni OPUSDT0.12590.0100get 0.0013% / 1h8m 41s$45K$714K50x

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
−$23.77
Funding while held
$0
Slippage, 4 orders
−$52.01
Fee Bitget: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$97.78
Spread needed to break even
0.740%
Slippage from Bitget: live order book, 1 min ago; ApeX Omni: live order book, 41 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 Bitget live order book, 1 min ago3.98 bp16.0 bp −$1632.5 bp −$325108.6 bp −$10.9Kdoesn't fit
Sell ApeX Omni live order book, 41 min ago11.76 bp21.5 bp −$22122.2 bp −$1,222doesn'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
Coinbase International OP-PERP-INTX−1.109%−0.0296%1h$22K$91K50xas long as short
Variational Omni OP−0.452%−0.0066%8h$231K$46Kas long as short
Reya OPRUSDPERP−0.358%+0.0431%1h$69920xas long as short
Orderly PERP_OP_USDC−0.317%−0.0077%8h$7K$54K10xas long as short
Deribit OP_USDC-PERPETUAL−0.317%0.0000%1h$47K$200K25xas long as short
Aevo OP-PERP−0.287%+0.0056%1h$4K3xas long as short
GMX OP/USD [OP-USDC]−0.279%L −0.1440% / S +0.0291%1h$13K100xas long as short
gTrade (Gains Network) OP/USD−0.269%L +0.0004% / S −0.0004%1h$1K150xas long as short
edgeX OPUSDC−0.242%+0.0100%4h$10K$377K10xas long as short
Backpack OP_USDC_PERP−0.238%+0.0100%1h$133K$180K10xas long as short
Show all 29 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
ApeX Omni OPUSDTshort−0.238%+0.0100%1h$45K$714K50x
SoDEX OP-USD−0.230%+0.0100%1h$186$5K5xas long as short
Extended OP-USD−0.203%−0.0088%1h$101K$213K25xas long as short
BloFin OP-USDT−0.182%+0.0032%8h$1.1M$584K75xas long as short
Kraken Futures PF_OPUSD−0.156%+0.0243%1h$781K$672K20xas long as short
HTX OP-USDT−0.151%+0.0100%8h$180K$277K50xas long as short
Aster OPUSDT−0.131%+0.0100%8h$213K$469K10xas long as short
Bybit OPUSDT−0.087%+0.0028%8h$17.8M$28.2M75xas long as short
Gate OP_USDT−0.079%+0.0100%8h$1.8M$1.8M50xas long as short
BingX OP-USDT−0.063%+0.0100%8h$7.0Mas long as short
dYdX OP-USD0.000%0.0000%1h$39K$1010xas long as short
MEXC OP_USDT0.000%−0.0088%8h$20.0M$8.8M300xas long as short
KuCoin OPUSDTM0.000%+0.0100%8h$2.8M$7.3M75xas long as short
Bitget OPUSDTlong0.000%+0.0100%8h$5.9M$6.5M75x
Binance OPUSDT+0.003%−0.0086%8h$21.0M$69.3M75xas long as short
OKX OP-USDT-SWAP+0.024%+0.0037%8h$6.0M$33.4M50xas long as short
Lighter OP+0.048%+0.0096%1h$295K$836K15xas long as short
Hyperliquid OP+0.111%+0.0100%1h$3.9M$3.3M5xas long as short
Injective OP/USDC PERP+1.109%+0.0248%1h$25K$184K12xas long as short