data as of
Settings8H · net · $10k
Price arb /

OP

all OP markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)+0.016%
7d averageif it closes, per $10,000$2funding while held, a day+$3.00
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX OP-USD0.12760get 0.0000% / 1h56m 39s$39K$1010x
ShortGate OP_USDT0.12760.0100get 0.0100% / 8h56m 39s$1.8M$1.6M50x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$1.6
Funding while held
$3
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$20.4
Spread needed to break even
0.250%
Slippage unknown: dYdX: no order-book sample; Gate: live order book, 2 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
+0.0100%
Per $10,000 a day
+$3.00
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy dYdX no order-book sample
Sell Gate live order book, 2 min ago6.27 bp27.9 bp −$2873.1 bp −$731doesn't fitdoesn't fit
dYdX: 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.

OP on 29 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Reya OPRUSDPERP−0.394%+0.0431%1h$70720xas long as short
Orderly PERP_OP_USDC−0.376%−0.0082%8h$7K$53K10xas long as short
Aevo OP-PERP−0.376%+0.0048%1h$4K3xas long as short
Deribit OP_USDC-PERPETUAL−0.376%−0.0536%1h$48K$199K25xas long as short
Backpack OP_USDC_PERP−0.313%+0.0100%1h$132K$168K10xas long as short
SoDEX OP-USD−0.313%+0.0100%1h$176$5K5xas long as short
Coinbase International OP-PERP-INTX−0.298%−0.0296%1h$28K$84K50xas long as short
gTrade (Gains Network) OP/USD−0.283%L +0.0005% / S −0.0004%1h$1K150xas long as short
BloFin OP-USDT−0.282%−0.0017%8h$1.0M$583K75xas long as short
GMX OP/USD [OP-USDC]−0.279%L −0.1469% / S +0.0291%1h$13K100xas long as short
Show all 29 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
edgeX OPUSDC−0.259%+0.0100%4h$9K$377K10xas long as short
HTX OP-USDT−0.243%+0.0100%8h$191K$247K50xas long as short
ApeX Omni OPUSDT−0.141%+0.0100%1h$46K$714K50xas long as short
Kraken Futures PF_OPUSD−0.131%+0.0240%1h$785K$660K20xas long as short
Aster OPUSDT−0.122%+0.0100%8h$201K$433K10xas long as short
Bybit OPUSDT−0.117%+0.0010%8h$17.9M$27.4M75xas long as short
Binance OPUSDT−0.075%−0.0137%8h$20.8M$65.8M75xas long as short
KuCoin OPUSDTM−0.062%+0.0100%8h$2.8M$6.9M75xas long as short
Bitget OPUSDT−0.062%+0.0100%8h$5.9M$6.1M75xas long as short
Extended OP-USD−0.059%−0.0136%1h$102K$214K25xas long as short
Variational Omni OP−0.058%−0.0063%8h$236K$45Kas long as short
MEXC OP_USDT−0.055%−0.0136%8h$20.2M$8.5M300xas long as short
Lighter OP−0.047%+0.0096%1h$299K$826K15xas long as short
BingX OP-USDT−0.047%+0.0100%8h$6.7Mas long as short
OKX OP-USDT-SWAP−0.031%+0.0043%8h$6.0M$32.7M50xas long as short
dYdX OP-USDlong0.000%0.0000%1h$39K$1010x
Hyperliquid OP0.000%+0.0100%1h$4.1M$3.1M5xas long as short
Gate OP_USDTshort+0.016%+0.0100%8h$1.8M$1.6M50x
Injective OP/USDC PERP+0.016%+0.0248%1h$25K$184K12xas long as short