After costs, if the gap returns to its 7d average, $10k−$107
spread now−0.133%7d average+0.003%fees + slippage, in and out−$94spread needed0.936%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin OP-USDT | 0.1275 | −0.0032 | get 0.0032% / 8h | 1h 38m | $1.0M | $581K | 75x |
| Short | HTX OP-USDT | 0.1273 | 0.0100 | get 0.0100% / 8h | 1h 38m | $192K | $232K | 50x |
BloFin OP-USDT
HTX OP-USDTPrice 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
- −$13.34
- Funding while held
- $3.97
- Slippage, 4 orders
- −$69.6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$102.97
- Spread needed to break even
- 0.936%
Slippage from BloFin: live order book, 5 min ago; HTX: live order book, 15 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0132%
- Per $10,000 a day
- +$3.97
- 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, 5 min ago | 0.39 bp | 8.7 bp −$9 | 11.9 bp −$119 | 43.4 bp −$4,339 | doesn't fit |
| Sell HTX live order book, 15 min ago | 19.74 bp | 42.6 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
OP price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International0.1263cheapestReya0.1271+0.655%MEXC0.1272+0.689%BingX0.1272+0.705%Bybit0.1272+0.713%KuCoin0.1272+0.713%ApeX Omni0.1272+0.713%OKX0.1272+0.721%Variational Omni0.1272+0.724%Aevo0.1272+0.727%Aster0.1272+0.731%Gate0.1272+0.736%Extended0.1272+0.737%Binance0.1273+0.752%Hyperliquid0.1273+0.760%gTrade (Gains Network)0.1273+0.768%SoDEX0.1273+0.784%Orderly0.1273+0.792%Deribit0.1273+0.792%
Coinbase International
Reya
MEXC
BingX
Bybit
KuCoin
ApeX Omni
OKX
Variational Omni
Aevo
Aster
Gate
Extended
Binance
Hyperliquid
gTrade (Gains Network)
SoDEX
Orderly
DeribitHTX0.1273+0.800%
GMX0.1273+0.800%edgeX0.1273+0.801%Bitget0.1274+0.871%Kraken Futures0.1274+0.876%dYdX0.1274+0.896%
GMX
Bitget
Kraken Futures
dYdXBloFin0.1275+0.934%
Backpack0.1275+0.950%Lighter0.1275+0.974%Injective0.1297+2.692%
Backpack
Lighter
InjectiveOP 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 | −0.926% | −0.0328% | 1h | $27K | $83K | 50x | as long as short |
| Reya OPRUSDPERP | −0.276% | +0.0430% | 1h | $707 | — | 20x | as long as short |
| MEXC OP_USDT | −0.243% | −0.0152% | 8h | $20.1M | $8.8M | 300x | as long as short |
| BingX OP-USDT | −0.227% | +0.0100% | 8h | — | $6.5M | — | as long as short |
| Bybit OPUSDT | −0.220% | +0.0009% | 8h | $17.9M | $27.0M | 75x | as long as short |
| KuCoin OPUSDTM | −0.220% | +0.0100% | 8h | $2.9M | $6.7M | 75x | as long as short |
| ApeX Omni OPUSDT | −0.220% | −0.0083% | 1h | $46K | $709K | 50x | as long as short |
| OKX OP-USDT-SWAP | −0.212% | +0.0076% | 8h | $6.0M | $32.1M | 50x | as long as short |
| Variational Omni OP | −0.209% | −0.0060% | 8h | $235K | $44K | — | as long as short |
| Aevo OP-PERP | −0.206% | +0.0040% | 1h | $4K | — | 3x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster OPUSDT | −0.202% | +0.0100% | 8h | $200K | $434K | 10x | as long as short |
| Gate OP_USDT | −0.196% | +0.0100% | 8h | $1.8M | $1.7M | 50x | as long as short |
| Extended OP-USD | −0.195% | −0.0152% | 1h | $102K | $214K | 25x | as long as short |
| Binance OPUSDT | −0.180% | −0.0150% | 8h | $20.6M | $64.6M | 75x | as long as short |
| Hyperliquid OP | −0.173% | +0.0100% | 1h | $4.0M | $3.1M | 5x | as long as short |
| gTrade (Gains Network) OP/USD | −0.165% | L +0.0004% / S −0.0001% | 1h | $2K | — | 150x | as long as short |
| SoDEX OP-USD | −0.149% | +0.0100% | 1h | $163 | $5K | 5x | as long as short |
| Orderly PERP_OP_USDC | −0.141% | −0.0073% | 8h | $7K | $53K | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | −0.141% | 0.0000% | 1h | $48K | $204K | 25x | as long as short |
| HTX OP-USDTshort | −0.133% | +0.0100% | 8h | $192K | $232K | 50x | |
| GMX OP/USD [OP-USDC] | −0.133% | L −0.1208% / S +0.0249% | 1h | $13K | — | 100x | as long as short |
| edgeX OPUSDC | −0.132% | +0.0100% | 4h | $4K | $406K | 10x | as long as short |
| Bitget OPUSDT | −0.063% | +0.0100% | 8h | $6.0M | $6.0M | 75x | as long as short |
| Kraken Futures PF_OPUSD | −0.058% | +0.0142% | 1h | $785K | $663K | 20x | as long as short |
| dYdX OP-USD | −0.038% | 0.0000% | 1h | $39K | $10 | 10x | as long as short |
| BloFin OP-USDTlong | 0.000% | −0.0032% | 8h | $1.0M | $581K | 75x | |
| Backpack OP_USDC_PERP | +0.016% | +0.0100% | 1h | $133K | $163K | 10x | as long as short |
| Lighter OP | +0.039% | +0.0096% | 1h | $369K | $749K | 15x | as long as short |
| Injective OP/USDC PERP | +1.741% | +0.0033% | 1h | $25K | $185K | 12x | as long as short |