Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.008%
Price spread now: edgeX against Bybit+0.073%61s7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$490.487% of the position
Funding, last 7 days+0.050%+$5 on $10k
+Price spread, last 4 days (all we have)+0.640%+$64 · spread now +0.073%, 7d avg +0.017%
=Together, before fees+0.690%+ Points / potential airdropedgeX: Active · farm board+$69 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.056% dearer against Bybit than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.017%. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit OPUSDT | 0.1264 | 0.0100 | pay 0.0100% / 8h | 5h 58m | $18.4M | $25.4M | 75x |
| Short | edgeX OPUSDC | 0.1265 | 0.0100 | get 0.0050% / 4h | 1h 58m | $4K | $390K | 10x |
Bybit OPUSDT
edgeX OPUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.073% → +0.017%
- $5.58
- Slippage, 4 orders
- −$28.73
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$43.15
- Costs to cover
- 0.487%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; edgeX: live order book, 5 min ago.
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 Bybit live order book, 5 min ago | 0.40 bp | 11.0 bp −$11 | 27.0 bp −$270 | 89.6 bp −$8,959 | doesn't fit |
| Sell edgeX live order book, 5 min ago | 3.96 bp | 14.8 bp −$15 | 157.9 bp −$1,579 | doesn't fit | doesn't fit |
OP on 29 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective OP/USDC PERP | −0.1488% | 1h | 0.1261 | −0.214% | $35K | $58K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1265 | +0.100% | $13K | — | 100x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1265 | +0.086% | $39K | $519 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1265 | +0.103% | $42K | $151K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1265 | +0.087% | — | — | 150x | as long as short |
| OKX OP-USDT-SWAP | +0.0053% | 8h | 0.1263 | −0.071% | $6.1M | $29.1M | 50x | as long as short |
| Orderly PERP_OP_USDC | +0.0054% | 8h | 0.1264 | +0.024% | $6K | $46K | 10x | as long as short |
| Variational Omni OP | +0.0055% | 8h | 0.1264 | −0.006% | $223K | $50K | — | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1265 | +0.079% | $281K | $933K | 15x | as long as short |
| Hyperliquid OP | +0.0100% | 1h | 0.1265 | +0.135% | $3.7M | $3.0M | 5x | as long as short |
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
dYdX OP-USD
Deribit OP_USDC-PERPETUAL
gTrade (Gains Network) OP/USD
OKX OP-USDT-SWAP
Orderly PERP_OP_USDC
Variational Omni OP
Lighter OP
Hyperliquid OPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster OPUSDT | +0.0100% | 8h | 0.1265 | +0.127% | $211K | $229K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1265 | +0.079% | $20.3M | $60.8M | 75x | as long as short |
| Bybit OPUSDTlong | +0.0100% | 8h | 0.1264 | long leg | $18.4M | $25.4M | 75x | |
| Gate OP_USDT | +0.0100% | 8h | 0.1265 | +0.071% | $2.0M | $1.5M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1265 | +0.079% | $20.7M | $6.9M | 300x | as long as short |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1263 | −0.055% | $2.9M | $6.8M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1265 | +0.103% | $5.9M | $6.5M | 75x | as long as short |
| BingX OP-USDT | +0.0100% | 8h | 0.1265 | +0.079% | — | $6.7M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1265 | +0.063% | $121K | $195K | 10x | as long as short |
| edgeX OPUSDCshort | +0.0100% | 4h | 0.1265 | +0.073% | $4K | $390K | 10x | |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1263 | −0.017% | $311K | $5.1M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1264 | +0.024% | $43K | $705K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1265 | +0.071% | $184 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1266 | +0.174% | $175K | $218K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1263 | −0.042% | $101K | $392K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1264 | +0.024% | $3K | $1K | 3x | as long as short |
| Coinbase International OP-PERP-INTX | +0.0152% | 1h | 0.1279 | +1.211% | $25K | $72K | 50x | as long as short |
| Reya OPRUSDPERP | +0.0440% | 1h | 0.1264 | +0.036% | $703 | — | 20x | as long as short |
| Kraken Futures PF_OPUSD | +0.0490% | 1h | 0.1266 | +0.190% | $799K | $584K | 20x | as long as short |
Aster OPUSDT
Binance OPUSDT
Gate OP_USDT
MEXC OP_USDT
KuCoin OPUSDTM
Bitget OPUSDT
BingX OP-USDT
Backpack OP_USDC_PERP
GRVT OP_USDT_Perp
ApeX Omni OPUSDT
SoDEX OP-USD
HTX OP-USDT
Extended OP-USD
Aevo OP-PERP
Coinbase International OP-PERP-INTX
Reya OPRUSDPERP
Kraken Futures PF_OPUSD