After costs, if the gap returns to its 7d average, $10k−$114
spread now−0.365%7d average+0.092%fees + slippage, in and out−$68spread needed0.684%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended OP-USD | 0.1270 | −0.0016 | get 0.0002% / 1h | 16m 20s | $101K | $208K | 25x |
| Short | BloFin OP-USDT | 0.1266 | 0.0103 | get 0.0103% / 8h | 7h 16m | $1.0M | $583K | 75x |
Extended OP-USD
BloFin OP-USDTPrice 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
- −$36.47
- Funding while held
- $3.58
- Slippage, 4 orders
- −$51.44
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$101.34
- Spread needed to break even
- 0.684%
Slippage from Extended: live order book, 28 min ago; BloFin: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0119%
- Per $10,000 a day
- +$3.58
- 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 Extended live order book, 28 min ago | 11.82 bp | 21.0 bp −$21 | 141.7 bp −$1,417 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 5.55 bp | 13.6 bp −$14 | 23.3 bp −$233 | 53.6 bp −$5,362 | doesn't fit |
OP price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International0.1257cheapestedgeX0.1259+0.149%ApeX Omni0.1260+0.239%Variational Omni0.1261+0.358%
Coinbase International
ApeX Omni
Variational OmniBloFin0.1266+0.700%
Backpack0.1267+0.780%dYdX0.1268+0.875%KuCoin0.1268+0.875%Bybit0.1269+0.939%Reya0.1269+0.941%Aster0.1269+0.944%BingX0.1269+0.955%HTX0.1269+0.971%Gate0.1269+0.979%MEXC0.1270+1.018%Orderly0.1270+1.034%OKX0.1270+1.042%
Backpack
dYdX
KuCoin
Bybit
Reya
Aster
BingX
HTX
Gate
MEXC
Orderly
OKXExtended0.1270+1.069%
Binance0.1270+1.070%Aevo0.1270+1.074%Hyperliquid0.1271+1.082%SoDEX0.1271+1.082%gTrade (Gains Network)0.1271+1.102%Lighter0.1271+1.114%Bitget0.1271+1.114%Deribit0.1271+1.114%GMX0.1271+1.134%Kraken Futures0.1272+1.198%Injective0.1276+1.512%
Binance
Aevo
Hyperliquid
SoDEX
gTrade (Gains Network)
Lighter
Bitget
Deribit
GMX
Kraken Futures
InjectiveOP 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 | −1.057% | −0.0304% | 1h | $22K | $85K | 50x | as long as short |
| edgeX OPUSDC | −0.910% | +0.0100% | 4h | $9K | $379K | 10x | as long as short |
| ApeX Omni OPUSDT | −0.821% | +0.0100% | 1h | $45K | $713K | 50x | as long as short |
| Variational Omni OP | −0.704% | −0.0122% | 8h | $233K | $43K | — | as long as short |
| BloFin OP-USDTshort | −0.365% | +0.0103% | 8h | $1.0M | $583K | 75x | |
| Backpack OP_USDC_PERP | −0.286% | +0.0100% | 1h | $135K | $189K | 10x | as long as short |
| dYdX OP-USD | −0.192% | 0.0000% | 1h | $39K | $10 | 10x | as long as short |
| KuCoin OPUSDTM | −0.192% | +0.0100% | 8h | $2.9M | $7.4M | 75x | as long as short |
| Bybit OPUSDT | −0.129% | −0.0343% | 8h | $18.0M | $27.4M | 75x | as long as short |
| Reya OPRUSDPERP | −0.127% | +0.0432% | 1h | $706 | — | 20x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster OPUSDT | −0.123% | +0.0100% | 8h | $213K | $465K | 10x | as long as short |
| BingX OP-USDC | −0.113% | +0.0100% | 8h | — | $1.6M | — | as long as short |
| HTX OP-USDT | −0.097% | +0.0100% | 8h | $181K | $269K | 50x | as long as short |
| Gate OP_USDT | −0.089% | +0.0100% | 8h | $1.8M | $1.6M | 50x | as long as short |
| MEXC OP_USDT | −0.050% | −0.0016% | 8h | $20.2M | $8.9M | 300x | as long as short |
| Orderly PERP_OP_USDC | −0.034% | −0.0075% | 8h | $7K | $53K | 10x | as long as short |
| OKX OP-USDT-SWAP | −0.026% | +0.0027% | 8h | $6.0M | $33.3M | 50x | as long as short |
| Extended OP-USDlong | 0.000% | −0.0016% | 1h | $101K | $208K | 25x | |
| Binance OPUSDT | +0.002% | −0.0017% | 8h | $20.8M | $68.6M | 75x | as long as short |
| Aevo OP-PERP | +0.005% | +0.0072% | 1h | $4K | — | 3x | as long as short |
| Hyperliquid OP | +0.013% | +0.0100% | 1h | $4.0M | $3.3M | 5x | as long as short |
| SoDEX OP-USD | +0.013% | +0.0100% | 1h | $188 | $6K | 5x | as long as short |
| gTrade (Gains Network) OP/USD | +0.033% | L +0.0004% / S −0.0004% | 1h | — | — | 150x | as long as short |
| Lighter OP | +0.045% | +0.0096% | 1h | $284K | $900K | 15x | as long as short |
| Bitget OPUSDT | +0.045% | +0.0100% | 8h | $6.0M | $6.4M | 75x | as long as short |
| Deribit OP_USDC-PERPETUAL | +0.045% | 0.0000% | 1h | $48K | $200K | 25x | as long as short |
| GMX OP/USD [OP-USDC] | +0.064% | L −0.1162% / S +0.0245% | 1h | $13K | — | 100x | as long as short |
| Kraken Futures PF_OPUSD | +0.128% | +0.0468% | 1h | $790K | $679K | 20x | as long as short |
| Injective OP/USDC PERP | +0.438% | +0.0033% | 1h | $25K | $184K | 12x | as long as short |