Spread before costs (cost unknown: a leg has no order-book sample)−0.035%
7d average—if it closes, per $10,000$4funding while held, a day−$10.08
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX OP-USD | 0.1235 | 0 | get 0.0000% / 1h | 26m 54s | $38K | $10 | 10x |
| Short | Coinbase International OP-PERP-INTX | 0.1235 | −0.0336 | pay 0.0042% / 1h | 26m 54s | $21K | $69K | 50x |
dYdX OP-USD
Coinbase International OP-PERP-INTXPrice 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
- −$3.54
- Funding while held
- −$10.08
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$33.62
- Spread needed to break even
- 0.200%
Slippage unknown: dYdX: no order-book sample; Coinbase International: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0336%
- Per $10,000 a day
- −$10.08
- 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
dYdX and 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 price on every exchange
against the cheapest. Click to use as the short leg.Injective0.1232cheapestBybit0.1234+0.138%Extended0.1234+0.143%Binance0.1234+0.179%MEXC0.1234+0.179%OKX0.1234+0.195%Gate0.1235+0.227%Variational Omni0.1235+0.228%KuCoin0.1235+0.244%Bitget0.1235+0.244%BingX0.1235+0.244%
Injective
Bybit
Extended
Binance
MEXC
OKX
Gate
Variational Omni
KuCoin
Bitget
BingXCoinbase International0.1235+0.244%
Backpack0.1235+0.252%Reya0.1235+0.265%SoDEX0.1235+0.268%
Backpack
Reya
SoDEXdYdX0.1235+0.279%
BloFin0.1235+0.284%HTX0.1236+0.292%Aevo0.1236+0.293%Lighter0.1236+0.300%Hyperliquid0.1236+0.308%Orderly0.1236+0.325%Deribit0.1236+0.325%GMX0.1236+0.334%gTrade (Gains Network)0.1236+0.353%Aster0.1236+0.364%Kraken Futures0.1237+0.397%edgeX0.1238+0.475%ApeX Omni0.1238+0.487%
BloFin
HTX
Aevo
Lighter
Hyperliquid
Orderly
Deribit
GMX
gTrade (Gains Network)
Aster
Kraken Futures
ApeX OmniOP on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective OP/USDC PERP | −0.278% | −0.1842% | 1h | $34K | $86K | 12x | as long as short |
| Bybit OPUSDT | −0.141% | +0.0047% | 8h | $18.1M | $26.7M | 75x | as long as short |
| Extended OP-USD | −0.136% | +0.0096% | 1h | $99K | $206K | 25x | as long as short |
| Binance OPUSDT | −0.100% | +0.0096% | 8h | $19.5M | $65.5M | 75x | as long as short |
| MEXC OP_USDT | −0.100% | +0.0096% | 8h | $19.5M | $7.4M | 300x | as long as short |
| OKX OP-USDT-SWAP | −0.084% | +0.0027% | 8h | $5.6M | $30.3M | 50x | as long as short |
| Gate OP_USDT | −0.052% | +0.0026% | 8h | $1.8M | $1.5M | 50x | as long as short |
| Variational Omni OP | −0.051% | −0.0105% | 8h | $224K | $41K | — | as long as short |
| KuCoin OPUSDTM | −0.035% | +0.0100% | 8h | $3.0M | $7.4M | 75x | as long as short |
| Bitget OPUSDT | −0.035% | +0.0100% | 8h | $6.0M | $6.2M | 75x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX OP-USDC | −0.035% | +0.0100% | 8h | — | $1.6M | — | as long as short |
| Coinbase International OP-PERP-INTXshort | −0.035% | −0.0336% | 1h | $21K | $69K | 50x | |
| Backpack OP_USDC_PERP | −0.027% | +0.0100% | 1h | $127K | $198K | 10x | as long as short |
| Reya OPRUSDPERP | −0.014% | +0.0433% | 1h | $687 | — | 20x | as long as short |
| SoDEX OP-USD | −0.011% | +0.0100% | 1h | $193 | $6K | 5x | as long as short |
| dYdX OP-USDlong | 0.000% | 0.0000% | 1h | $38K | $10 | 10x | |
| BloFin OP-USDT | +0.005% | +0.0216% | 8h | $979K | $314K | 75x | as long as short |
| HTX OP-USDT | +0.013% | +0.0100% | 8h | $176K | $259K | 50x | as long as short |
| Aevo OP-PERP | +0.014% | +0.0104% | 1h | $4K | — | 3x | as long as short |
| Lighter OP | +0.021% | +0.0096% | 1h | $266K | $907K | 15x | as long as short |
| Hyperliquid OP | +0.029% | +0.0100% | 1h | $3.8M | $3.1M | 5x | as long as short |
| Orderly PERP_OP_USDC | +0.046% | −0.0040% | 8h | $6K | $53K | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | +0.046% | 0.0000% | 1h | $43K | $186K | 25x | as long as short |
| GMX OP/USD [OP-USDC] | +0.055% | L −0.1162% / S +0.0245% | 1h | $13K | — | 100x | as long as short |
| gTrade (Gains Network) OP/USD | +0.074% | L +0.0004% / S −0.0004% | 1h | — | — | 150x | as long as short |
| Aster OPUSDT | +0.084% | +0.0100% | 8h | $212K | $268K | 10x | as long as short |
| Kraken Futures PF_OPUSD | +0.118% | +0.0545% | 1h | $767K | $789K | 20x | as long as short |
| edgeX OPUSDC | +0.195% | +0.0100% | 4h | $8K | $379K | 10x | as long as short |
| ApeX Omni OPUSDT | +0.207% | +0.0100% | 1h | $44K | $720K | 50x | as long as short |