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

OP

all OP markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$151
spread now−0.500%7d average+0.082%fees + slippage, in and out−$92spread needed0.924%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX OPUSDC0.12660.0100pay 0.0050% / 4h38m 49s$9K$378K10x
ShortHTX OP-USDT0.12600.0100get 0.0100% / 8h38m 49s$187K$250K50x

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
−$49.97
Funding while held
$0
Slippage, 4 orders
−$71.41
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee HTX: 6 bp × 2 orders
−$12
Net
−$142.38
Spread needed to break even
0.924%
Slippage from edgeX: live order book, 11 min ago; HTX: live order book, 9 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
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 11 min ago7.86 bp17.0 bp −$17138.0 bp −$1,380doesn't fitdoesn't fit
Sell HTX live order book, 9 min ago10.21 bp39.4 bp −$39doesn't fitdoesn't fitdoesn'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.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bybit OPUSDT−0.555%+0.0013%8h$17.6M$27.7M75xas long as short
OKX OP-USDT-SWAP−0.516%+0.0036%8h$6.0M$32.6M50xas long as short
Extended OP-USD−0.504%−0.0128%1h$101K$214K25xas long as short
Bitget OPUSDT−0.500%+0.0100%8h$5.9M$6.2M75xas long as short
BingX OP-USDC−0.500%+0.0100%8h$1.6Mas long as short
Aevo OP-PERP−0.500%+0.0048%1h$4K3xas long as short
Deribit OP_USDC-PERPETUAL−0.500%−0.0543%1h$47K$200K25xas long as short
HTX OP-USDTshort−0.500%+0.0100%8h$187K$250K50x
Reya OPRUSDPERP−0.494%+0.0431%1h$70120xas long as short
Backpack OP_USDC_PERP−0.468%+0.0100%1h$130K$171K10xas long as short
Show all 29 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Binance OPUSDT−0.460%−0.0125%8h$21.0M$66.7M75xas long as short
MEXC OP_USDT−0.452%−0.0126%8h$20.2M$8.6M300xas long as short
SoDEX OP-USD−0.452%+0.0100%1h$177$5K5xas long as short
BloFin OP-USDT−0.452%−0.0005%8h$1.1M$578K75xas long as short
Gate OP_USDT−0.437%+0.0100%8h$1.8M$1.7M50xas long as short
dYdX OP-USD−0.431%0.0000%1h$39K$1010xas long as short
Aster OPUSDT−0.428%+0.0100%8h$199K$454K10xas long as short
KuCoin OPUSDTM−0.421%+0.0100%8h$2.8M$7.0M75xas long as short
Orderly PERP_OP_USDC−0.421%−0.0078%8h$6K$53K10xas long as short
Lighter OP−0.397%+0.0096%1h$295K$829K15xas long as short
Hyperliquid OP−0.389%+0.0100%1h$3.9M$3.2M5xas long as short
Kraken Futures PF_OPUSD−0.369%+0.0242%1h$778K$657K20xas long as short
gTrade (Gains Network) OP/USD−0.268%L +0.0005% / S −0.0004%1h$1K150xas long as short
Coinbase International OP-PERP-INTX−0.263%−0.0296%1h$27K$85K50xas long as short
GMX OP/USD [OP-USDC]−0.245%L −0.1469% / S +0.0291%1h$13K100xas long as short
Variational Omni OP−0.118%−0.0065%8h$234K$45Kas long as short
edgeX OPUSDClong0.000%+0.0100%4h$9K$378K10x
ApeX Omni OPUSDT+0.211%+0.0100%1h$46K$716K50xas long as short
Injective OP/USDC PERP+0.764%+0.0248%1h$25K$184K12xas long as short