After costs, if the gap returns to its 7d average, $10k−$50
spread now+0.150%7d average−0.023%fees + slippage, in and out−$67spread needed0.668%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin OP-USDT | 0.1267 | −0.0034 | get 0.0034% / 8h | 1h 51m | $1.0M | $577K | 75x |
| Short | Bitget OPUSDT | 0.1269 | 0.0100 | get 0.0100% / 8h | 1h 51m | $5.9M | $6.1M | 75x |
BloFin OP-USDT
Bitget OPUSDTPrice 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
- $14.99
- Funding while held
- $4.02
- Slippage, 4 orders
- −$42.8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$47.79
- Spread needed to break even
- 0.668%
Slippage from BloFin: live order book, 2 min ago; Bitget: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0134%
- Per $10,000 a day
- +$4.02
- 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 BloFin live order book, 2 min ago | 7.11 bp | 16.4 bp −$16 | 29.9 bp −$299 | 71.0 bp −$7,101 | doesn't fit |
| Sell Bitget live order book, 3 min ago | 3.91 bp | 14.6 bp −$15 | 29.5 bp −$295 | 104.2 bp −$10.4K | doesn't fit |
OP price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni0.1261cheapestCoinbase International0.1263+0.159%Aster0.1266+0.373%edgeX0.1266+0.416%Gate0.1266+0.428%Aevo0.1267+0.436%Orderly0.1267+0.476%Extended0.1267+0.478%
ApeX Omni
Coinbase International
Aster
Gate
Aevo
Orderly
ExtendedBloFin0.1267+0.484%
OKX0.1267+0.500%HTX0.1267+0.500%Bybit0.1267+0.508%Backpack0.1267+0.508%SoDEX0.1268+0.515%Reya0.1268+0.529%GMX0.1268+0.534%MEXC0.1268+0.547%Binance0.1268+0.551%KuCoin0.1268+0.555%BingX0.1268+0.555%Deribit0.1268+0.555%dYdX0.1268+0.577%gTrade (Gains Network)0.1268+0.577%
OKX
HTX
Bybit
Backpack
SoDEX
Reya
GMX
MEXC
Binance
KuCoin
BingX
Deribit
dYdX
gTrade (Gains Network)Bitget0.1269+0.634%
Hyperliquid0.1269+0.650%Kraken Futures0.1270+0.686%Lighter0.1270+0.706%Variational Omni0.1287+2.100%Injective0.1297+2.855%
Hyperliquid
Kraken Futures
Lighter
Variational Omni
InjectiveOP on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni OPUSDT | −0.481% | −0.0788% | 1h | $45K | $703K | 50x | as long as short |
| Coinbase International OP-PERP-INTX | −0.324% | −0.0328% | 1h | $27K | $85K | 50x | as long as short |
| Aster OPUSDT | −0.110% | +0.0100% | 8h | $199K | $434K | 10x | as long as short |
| edgeX OPUSDC | −0.067% | +0.0100% | 4h | $4K | $409K | 10x | as long as short |
| Gate OP_USDT | −0.055% | +0.0100% | 8h | $1.8M | $1.7M | 50x | as long as short |
| Aevo OP-PERP | −0.047% | +0.0048% | 1h | $4K | — | 3x | as long as short |
| Orderly PERP_OP_USDC | −0.008% | −0.0072% | 8h | $6K | $53K | 10x | as long as short |
| Extended OP-USD | −0.006% | −0.0152% | 1h | $101K | $217K | 25x | as long as short |
| BloFin OP-USDTlong | 0.000% | −0.0034% | 8h | $1.0M | $577K | 75x | |
| OKX OP-USDT-SWAP | +0.016% | +0.0076% | 8h | $6.0M | $32.2M | 50x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX OP-USDT | +0.016% | +0.0100% | 8h | $191K | $233K | 50x | as long as short |
| Bybit OPUSDT | +0.024% | +0.0016% | 8h | $17.8M | $27.1M | 75x | as long as short |
| Backpack OP_USDC_PERP | +0.024% | +0.0100% | 1h | $131K | $165K | 10x | as long as short |
| SoDEX OP-USD | +0.032% | −0.0026% | 1h | $162 | $5K | 5x | as long as short |
| Reya OPRUSDPERP | +0.045% | +0.0430% | 1h | $705 | — | 20x | as long as short |
| GMX OP/USD [OP-USDC] | +0.050% | L −0.1208% / S +0.0249% | 1h | $13K | — | 100x | as long as short |
| MEXC OP_USDT | +0.063% | −0.0147% | 8h | $19.6M | $8.7M | 300x | as long as short |
| Binance OPUSDT | +0.067% | −0.0154% | 8h | $20.5M | $64.6M | 75x | as long as short |
| KuCoin OPUSDTM | +0.071% | +0.0100% | 8h | $2.9M | $6.7M | 75x | as long as short |
| BingX OP-USDC | +0.071% | +0.0100% | 8h | — | $1.6M | — | as long as short |
| Deribit OP_USDC-PERPETUAL | +0.071% | 0.0000% | 1h | $48K | $220K | 25x | as long as short |
| dYdX OP-USD | +0.092% | 0.0000% | 1h | $39K | $10 | 10x | as long as short |
| gTrade (Gains Network) OP/USD | +0.093% | L +0.0004% / S −0.0001% | 1h | $2K | — | 150x | as long as short |
| Bitget OPUSDTshort | +0.150% | +0.0100% | 8h | $5.9M | $6.1M | 75x | |
| Hyperliquid OP | +0.166% | +0.0100% | 1h | $4.0M | $3.1M | 5x | as long as short |
| Kraken Futures PF_OPUSD | +0.201% | +0.0143% | 1h | $782K | $662K | 20x | as long as short |
| Lighter OP | +0.221% | +0.0096% | 1h | $365K | $741K | 15x | as long as short |
| Variational Omni OP | +1.609% | −0.0057% | 8h | $235K | $39K | — | as long as short |
| Injective OP/USDC PERP | +2.360% | +0.0033% | 1h | $25K | $185K | 12x | as long as short |