Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: BingX against edgeX−0.112%85s7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$253as 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−$2532.528% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 3 days (all we have)−0.115%−$11 · spread now −0.112%, 7d avg +0.036%
=Together, before fees−0.116%+ Points / potential airdropedgeX: Active · farm board−$12 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: BingX is 0.149% cheaper against edgeX than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.036%. The two prices were read 85 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 | edgeX OPUSDC | 0.1265 | 0.0100 | pay 0.0050% / 4h | 2h 14m | $8K | $381K | 10x |
| Short | BingX OP-USDC | 0.1264 | 0.0100 | get 0.0100% / 8h | 2h 14m | — | $1.6M | — |
edgeX OPUSDC
BingX OP-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against edgeX. 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: −0.112% → +0.036%
- −$14.87
- Slippage, 4 orders
- −$233.83
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$267.7
- Costs to cover
- 2.528%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 9 min ago; BingX: live order book, 3 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 edgeX live order book, 9 min ago | 7.90 bp | 15.3 bp −$15 | 81.9 bp −$819 | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 7.91 bp | 109.0 bp −$109 | 891.0 bp −$8,910 | 1121.7 bp −$112.2K | doesn't fit |
OP on 30 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 | −0.1658% | 1h | 0.1259 | −0.508% | $35K | $58K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1066% / S +0.0229% | 1h | 0.1264 | −0.079% | $13K | — | 100x | as long as short |
| Coinbase International OP-PERP-INTX | −0.0328% | 1h | 0.1243 | −1.772% | $21K | $64K | 50x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1265 | −0.040% | $39K | $519 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1265 | −0.033% | $42K | $171K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1265 | −0.046% | — | — | 150x | as long as short |
| Orderly PERP_OP_USDC | +0.0039% | 8h | 0.1264 | −0.112% | $6K | $50K | 10x | as long as short |
| Variational Omni OP | +0.0040% | 8h | 0.1264 | −0.137% | $231K | $44K | — | as long as short |
| OKX OP-USDT-SWAP | +0.0088% | 8h | 0.1263 | −0.160% | $5.9M | $29.9M | 50x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1265 | −0.033% | $271K | $907K | 15x | as long as short |
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
Coinbase International OP-PERP-INTX
dYdX OP-USD
Deribit OP_USDC-PERPETUAL
gTrade (Gains Network) OP/USD
Orderly PERP_OP_USDC
Variational Omni OP
OKX OP-USDT-SWAP
Lighter OPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid OP | +0.0100% | 1h | 0.1265 | −0.002% | $4.1M | $3.0M | 5x | as long as short |
| Aster OPUSDT | +0.0100% | 8h | 0.1264 | −0.093% | $212K | $241K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1263 | −0.171% | $20.5M | $62.7M | 75x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1262 | −0.263% | $18.4M | $25.4M | 75x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1264 | −0.105% | $1.8M | $1.5M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1264 | −0.089% | $20.1M | $7.3M | 300x | as long as short |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1263 | −0.191% | $2.9M | $7.6M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1264 | −0.112% | $6.0M | $6.3M | 75x | as long as short |
| BingX OP-USDCshort | +0.0100% | 8h | 0.1264 | −0.112% | — | $1.6M | — | |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1264 | −0.128% | $125K | $194K | 10x | as long as short |
| edgeX OPUSDClong | +0.0100% | 4h | 0.1265 | long leg | $8K | $381K | 10x | |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1265 | −0.036% | $313K | $5.1M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1266 | +0.046% | $45K | $720K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1264 | −0.120% | $166 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1266 | +0.046% | $175K | $232K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1263 | −0.186% | $101K | $186K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1265 | −0.041% | $4K | — | 3x | as long as short |
| Kraken Futures PF_OPUSD | +0.0136% | 1h | 0.1265 | −0.009% | $782K | $731K | 20x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1264 | −0.081% | $1.0M | $282K | 75x | as long as short |
| Reya OPRUSDPERP | +0.0436% | 1h | 0.1264 | −0.129% | $703 | — | 20x | as long as short |
Hyperliquid OP
Aster OPUSDT
Binance OPUSDT
Bybit OPUSDT
Gate OP_USDT
MEXC OP_USDT
KuCoin OPUSDTM
Bitget OPUSDT
Backpack OP_USDC_PERP
GRVT OP_USDT_Perp
ApeX Omni OPUSDT
SoDEX OP-USD
HTX OP-USDT
Extended OP-USD
Aevo OP-PERP
Kraken Futures PF_OPUSD
BloFin OP-USDT
Reya OPRUSDPERP