After costs, if the gap returns to its 7d average, $10k−$81
spread now−0.191%7d average+0.051%fees + slippage, in and out−$57spread needed0.570%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX OPUSDC | 0.1239 | 0.0100 | pay 0.0050% / 4h | 58m 29s | $10K | $381K | 10x |
| Short | Bitget OPUSDT | 0.1237 | 0.0100 | get 0.0100% / 8h | 4h 58m | $6.0M | $6.2M | 75x |
Price 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
- −$19.09
- Funding while held
- $0
- Slippage, 4 orders
- −$35.96
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$76.05
- Spread needed to break even
- 0.570%
Slippage from edgeX: live order book, 36 min ago; Bitget: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 edgeX live order book, 36 min ago | 4.04 bp | 11.4 bp −$11 | 128.4 bp −$1,284 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 8.08 bp | 16.9 bp −$17 | 30.7 bp −$307 | 84.5 bp −$8,454 | doesn't fit |
OP price on every exchange
against the cheapest. Click to use as the short leg.OP 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 | −0.756% | −0.0312% | 1h | $21K | $66K | 50x | as long as short |
| Injective OP/USDC PERP | −0.514% | −0.1650% | 1h | $34K | $58K | 12x | as long as short |
| Bybit OPUSDT | −0.304% | +0.0099% | 8h | $18.0M | $26.4M | 75x | as long as short |
| Extended OP-USD | −0.250% | +0.0104% | 1h | $99K | $206K | 25x | as long as short |
| OKX OP-USDT-SWAP | −0.247% | +0.0048% | 8h | $5.7M | $30.0M | 50x | as long as short |
| Binance OPUSDT | −0.231% | +0.0100% | 8h | $19.5M | $64.5M | 75x | as long as short |
| Gate OP_USDT | −0.207% | +0.0067% | 8h | $1.8M | $1.4M | 50x | as long as short |
| BingX OP-USDT | −0.207% | +0.0100% | 8h | — | $6.7M | — | as long as short |
| KuCoin OPUSDTM | −0.191% | +0.0100% | 8h | $3.0M | $7.4M | 75x | as long as short |
| Bitget OPUSDTshort | −0.191% | +0.0100% | 8h | $6.0M | $6.2M | 75x |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_OP_USDC | −0.191% | −0.0027% | 8h | $6K | $53K | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | −0.191% | 0.0000% | 1h | $43K | $184K | 25x | as long as short |
| SoDEX OP-USD | −0.183% | +0.0100% | 1h | $180 | $6K | 5x | as long as short |
| Reya OPRUSDPERP | −0.176% | +0.0434% | 1h | $688 | — | 20x | as long as short |
| Aster OPUSDT | −0.175% | +0.0100% | 8h | $209K | $266K | 10x | as long as short |
| MEXC OP_USDT | −0.175% | +0.0100% | 8h | $19.6M | $7.1M | 300x | as long as short |
| BloFin OP-USDT | −0.167% | +0.0220% | 8h | $976K | $304K | 75x | as long as short |
| Aevo OP-PERP | −0.155% | +0.0104% | 1h | $4K | — | 3x | as long as short |
| GMX OP/USD [OP-USDC] | −0.143% | L −0.0887% / S +0.0200% | 1h | $13K | — | 100x | as long as short |
| Lighter OP | −0.134% | +0.0096% | 1h | $266K | $897K | 15x | as long as short |
| Backpack OP_USDC_PERP | −0.134% | +0.0100% | 1h | $127K | $197K | 10x | as long as short |
| Hyperliquid OP | −0.118% | +0.0100% | 1h | $3.8M | $3.1M | 5x | as long as short |
| gTrade (Gains Network) OP/USD | −0.110% | L +0.0004% / S −0.0004% | 1h | — | — | 150x | as long as short |
| dYdX OP-USD | −0.092% | 0.0000% | 1h | $38K | $437 | 10x | as long as short |
| HTX OP-USDT | −0.070% | +0.0100% | 8h | $176K | $258K | 50x | as long as short |
| Variational Omni OP | −0.039% | −0.0072% | 8h | $226K | $43K | — | as long as short |
| Kraken Futures PF_OPUSD | −0.005% | +0.0527% | 1h | $769K | $770K | 20x | as long as short |
| edgeX OPUSDClong | 0.000% | +0.0100% | 4h | $10K | $381K | 10x | |
| ApeX Omni OPUSDT | +0.051% | +0.0100% | 1h | $44K | $719K | 50x | as long as short |
Bitget OPUSDT
Coinbase International
Injective
Bybit
Extended
OKX
Binance
Gate
BingX
KuCoin
Deribit
SoDEX
Aster
MEXC
BloFin
GMX
Lighter
Backpack
Hyperliquid
gTrade (Gains Network)
HTX
Variational Omni
Kraken Futures
ApeX Omni