Funding you earn now, next payment 10:00 UTC+0.0148%/8h= +16.2% APRpaid last 24h +0.084%
Price spread now: HTX against Coinbase International+0.048%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.280%+$28 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and HTX is 0.048% dearer against Coinbase International than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International OP-PERP-INTX | 0.1238 | −0.0048 | get 0.0006% / 1h | 48m 50s | $25K | $67K | 50x |
| Short | HTX OP-USDT | 0.1239 | 0.0100 | get 0.0100% / 8h | 5h 48m | $167K | $252K | 50x |
Coinbase International OP-PERP-INTX
HTX OP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Coinbase International. 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
- $31.08
- Price spread: +0.048% → 0.000%
- $4.85
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $13.93
- Costs to cover
- 0.220%
- Break-even
- 3.9 days
Slippage unknown: Coinbase International: no order-book sample; HTX: live order book, 61 min ago. Net counts fees only.
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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell HTX live order book, 61 min ago | 11.27 bp | 23.9 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
Coinbase International: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
OP on 30 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| GMX OP/USD [OP-USDC] | L −0.0886% / S +0.0200% | 1h | 0.1240 | +0.195% | $13K | — | 100x | as long as short |
| Hyperliquid OP | −0.0573% | 1h | 0.1238 | −0.024% | $3.8M | $3.9M | 5x | as long as short |
| Deribit OP_USDC-PERPETUAL | −0.0557% | 1h | 0.1238 | 0.000% | $30K | $113K | 25x | as long as short |
| SoDEX OP-USD | −0.0101% | 1h | 0.1238 | 0.000% | $201 | $5K | 5x | as long as short |
| Orderly PERP_OP_USDC | −0.0059% | 8h | 0.1238 | 0.000% | $12K | $232K | 10x | as long as short |
| Binance OPUSDT | −0.0050% | 8h | 0.1235 | −0.226% | $19.1M | $65.8M | 75x | as long as short |
| Extended OP-USD | −0.0048% | 1h | 0.1235 | −0.263% | $99K | $581K | 25x | as long as short |
| Gate OP_USDT | −0.0048% | 8h | 0.1235 | −0.202% | $2.0M | $1.3M | 50x | as long as short |
| Coinbase International OP-PERP-INTXlong | −0.0048% | 1h | 0.1238 | long leg | $25K | $67K | 50x | |
| MEXC OP_USDT | −0.0047% | 8h | 0.1236 | −0.194% | $21.8M | $7.3M | 300x | as long as short |
GMX OP/USD [OP-USDC]
Hyperliquid OP
Deribit OP_USDC-PERPETUAL
SoDEX OP-USD
Orderly PERP_OP_USDC
Binance OPUSDT
Extended OP-USD
Gate OP_USDT
MEXC OP_USDTShow all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT OP_USDT_Perp | −0.0006% | 8h | 0.1242 | +0.290% | $300K | $5.4M | 10x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1240 | +0.153% | $38K | $522 | 10x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1243 | +0.369% | — | — | 150x | as long as short |
| Injective OP/USDC PERP | +0.0033% | 1h | 0.1257 | +1.535% | $35K | $67K | 12x | as long as short |
| Variational Omni OP | +0.0061% | 8h | 0.1239 | +0.092% | $219K | $46K | — | as long as short |
| Aevo OP-PERP | +0.0072% | 1h | 0.1237 | −0.040% | $3K | $1K | 3x | as long as short |
| BloFin OP-USDT | +0.0072% | 8h | 0.1238 | +0.024% | $982K | $280K | 75x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1239 | +0.073% | $263K | $1.1M | 15x | as long as short |
| Aster OPUSDT | +0.0100% | 8h | 0.1237 | −0.070% | $205K | $210K | 10x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1236 | −0.129% | $17.9M | $24.5M | 75x | as long as short |
| OKX OP-USDT-SWAP | +0.0100% | 8h | 0.1237 | −0.097% | $5.9M | $27.5M | 50x | as long as short |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1235 | −0.242% | $2.8M | $5.6M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1236 | −0.162% | $5.8M | $6.7M | 75x | as long as short |
| BingX OP-USDT | +0.0100% | 8h | 0.1236 | −0.194% | — | $6.4M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1238 | 0.000% | $108K | $201K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1239 | +0.079% | $4K | $1.1M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1240 | +0.162% | $43K | $689K | 50x | as long as short |
| HTX OP-USDTshort | +0.0100% | 8h | 0.1239 | +0.048% | $167K | $252K | 50x | |
| Kraken Futures PF_OPUSD | +0.0156% | 1h | 0.1240 | +0.143% | $737K | $737K | 20x | as long as short |
| Reya OPRUSDPERP | +0.0446% | 1h | 0.1239 | +0.100% | $689 | — | 20x | as long as short |
GRVT OP_USDT_Perp
dYdX OP-USD
gTrade (Gains Network) OP/USD
Injective OP/USDC PERP
Variational Omni OP
Aevo OP-PERP
BloFin OP-USDT
Lighter OP
Aster OPUSDT
Bybit OPUSDT
OKX OP-USDT-SWAP
KuCoin OPUSDTM
Bitget OPUSDT
BingX OP-USDT
Backpack OP_USDC_PERP
edgeX OPUSDC
ApeX Omni OPUSDT
Kraken Futures PF_OPUSD
Reya OPRUSDPERP