Spread before costs (cost unknown: a leg has no order-book sample)+0.002%
7d average—if it closes, per $10,000$0funding while held, a day+$3.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX OP-USD | 0.1276 | 0 | get 0.0000% / 1h | 49m 41s | $39K | $10 | 10x |
| Short | KuCoin OPUSDTM | 0.1276 | 0.0100 | get 0.0100% / 8h | 49m 41s | $2.8M | $6.9M | 75x |
dYdX OP-USD
KuCoin OPUSDTMPrice 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
- $0.24
- Funding while held
- $3
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$18.76
- Spread needed to break even
- 0.220%
Slippage unknown: dYdX: no order-book sample; KuCoin: live order book, 5 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy dYdX no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 5 min ago | 7.84 bp | 27.8 bp −$28 | 77.4 bp −$774 | doesn't fit | doesn'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.Coinbase International0.1270cheapestVariational Omni0.1272+0.149%edgeX0.1273+0.269%Extended0.1274+0.349%Bybit0.1275+0.362%OKX0.1275+0.378%Backpack0.1275+0.386%SoDEX0.1275+0.386%Bitget0.1275+0.394%Orderly0.1275+0.394%Aevo0.1275+0.394%Deribit0.1275+0.394%Reya0.1275+0.395%Aster0.1275+0.398%GMX0.1275+0.408%BingX0.1275+0.409%Gate0.1275+0.417%MEXC0.1275+0.417%HTX0.1275+0.425%Binance0.1276+0.441%gTrade (Gains Network)0.1276+0.449%
Coinbase International
Variational Omni
Extended
Bybit
OKX
Backpack
SoDEX
Bitget
Orderly
Aevo
Deribit
Reya
Aster
GMX
BingX
Gate
MEXC
HTX
Binance
gTrade (Gains Network)dYdX0.1276+0.470%
Lighter0.1276+0.472%
LighterKuCoin0.1276+0.472%
ApeX Omni0.1276+0.472%Injective0.1276+0.472%Kraken Futures0.1276+0.506%Hyperliquid0.1277+0.528%BloFin0.1277+0.559%
ApeX Omni
Injective
Kraken Futures
Hyperliquid
BloFinOP 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 | −0.468% | −0.0296% | 1h | $28K | $84K | 50x | as long as short |
| Variational Omni OP | −0.320% | −0.0065% | 8h | $235K | $45K | — | as long as short |
| edgeX OPUSDC | −0.200% | +0.0100% | 4h | $9K | $379K | 10x | as long as short |
| Extended OP-USD | −0.120% | −0.0128% | 1h | $102K | $214K | 25x | as long as short |
| Bybit OPUSDT | −0.107% | +0.0018% | 8h | $17.9M | $27.4M | 75x | as long as short |
| OKX OP-USDT-SWAP | −0.092% | +0.0043% | 8h | $6.1M | $32.7M | 50x | as long as short |
| Backpack OP_USDC_PERP | −0.084% | +0.0100% | 1h | $133K | $168K | 10x | as long as short |
| SoDEX OP-USD | −0.084% | +0.0100% | 1h | $181 | $5K | 5x | as long as short |
| Bitget OPUSDT | −0.076% | +0.0100% | 8h | $5.9M | $6.2M | 75x | as long as short |
| Orderly PERP_OP_USDC | −0.076% | −0.0082% | 8h | $7K | $52K | 10x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo OP-PERP | −0.076% | +0.0048% | 1h | $4K | — | 3x | as long as short |
| Deribit OP_USDC-PERPETUAL | −0.076% | 0.0000% | 1h | $49K | $199K | 25x | as long as short |
| Reya OPRUSDPERP | −0.074% | +0.0431% | 1h | $709 | — | 20x | as long as short |
| Aster OPUSDT | −0.072% | +0.0100% | 8h | $201K | $433K | 10x | as long as short |
| GMX OP/USD [OP-USDC] | −0.062% | L −0.1469% / S +0.0291% | 1h | $13K | — | 100x | as long as short |
| BingX OP-USDT | −0.060% | +0.0100% | 8h | — | $6.7M | — | as long as short |
| Gate OP_USDT | −0.052% | +0.0100% | 8h | $1.8M | $1.6M | 50x | as long as short |
| MEXC OP_USDT | −0.052% | −0.0131% | 8h | $20.2M | $8.5M | 300x | as long as short |
| HTX OP-USDT | −0.045% | +0.0100% | 8h | $192K | $247K | 50x | as long as short |
| Binance OPUSDT | −0.029% | −0.0129% | 8h | $20.9M | $65.8M | 75x | as long as short |
| gTrade (Gains Network) OP/USD | −0.021% | L +0.0005% / S −0.0004% | 1h | $1K | — | 150x | as long as short |
| dYdX OP-USDlong | 0.000% | 0.0000% | 1h | $39K | $10 | 10x | |
| Lighter OP | +0.002% | +0.0096% | 1h | $299K | $827K | 15x | as long as short |
| KuCoin OPUSDTMshort | +0.002% | +0.0100% | 8h | $2.8M | $6.9M | 75x | |
| ApeX Omni OPUSDT | +0.002% | +0.0100% | 1h | $46K | $713K | 50x | as long as short |
| Injective OP/USDC PERP | +0.002% | +0.0248% | 1h | $25K | $184K | 12x | as long as short |
| Kraken Futures PF_OPUSD | +0.035% | +0.0240% | 1h | $787K | $660K | 20x | as long as short |
| Hyperliquid OP | +0.057% | +0.0100% | 1h | $4.1M | $3.1M | 5x | as long as short |
| BloFin OP-USDT | +0.089% | −0.0014% | 8h | $1.1M | $585K | 75x | as long as short |