OP

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0104%/8h= −11.4% APRnext payment −$0.13 per $10,000 · paid last 24h +0.001%

Price spread now: dYdX against Extended+0.160%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Extended Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

The price spread pays, funding is against you. dYdX is 0.160% dearer against Extended than usual: you sell high and buy low (spread +0.160% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended OP-USD	0.1258	0.0104	pay 0.0013% / 1h	30m 12s	$106K	$430K	25x
Short	dYdX OP-USD	0.1260	0	get 0.0000% / 1h	30m 12s	$39K	$519	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Extended. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ExtendedbpFee dYdXbpOrdersPrice spread, now +0.160%Rate

Funding earned: −$21.84
Price spread: +0.160% → 0.000%: $16.02
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$20.82
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Extended: live order book, 41 min ago; dYdX: no order-book sample. Net counts fees only.

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, 41 min ago	19.68 bp	28.8 bp −$29	148.6 bp −$1,486	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

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 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	−0.1656%	1h	0.1253	−0.365%	$35K	$58K	12x	as long as short
GMX OP/USD [OP-USDC]	L −0.1065% / S +0.0229%	1h	0.1259	+0.103%	$13K	—	100x	as long as short
Coinbase International OP-PERP-INTX	−0.0352%	1h	0.1259	+0.112%	$20K	$63K	50x	as long as short
dYdX OP-USDshort	0.0000%	1h	0.1260	+0.160%	$39K	$519	10x
Deribit OP_USDC-PERPETUAL	0.0000%	1h	0.1259	+0.112%	$42K	$171K	25x	as long as short
gTrade (Gains Network) OP/USD	L +0.0004% / S −0.0004%	1h	0.1259	+0.132%	—	—	150x	as long as short
Bybit OPUSDT	+0.0032%	8h	0.1258	+0.041%	$18.3M	$25.9M	75x	as long as short
Variational Omni OP	+0.0048%	8h	0.1260	+0.188%	$230K	$47K	—	as long as short
Orderly PERP_OP_USDC	+0.0057%	8h	0.1259	+0.112%	$6K	$48K	10x	as long as short
Lighter OP	+0.0096%	1h	0.1260	+0.168%	$283K	$949K	15x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid OP	+0.0100%	1h	0.1259	+0.136%	$3.9M	$2.9M	5x	as long as short
Aster OPUSDT	+0.0100%	8h	0.1260	+0.212%	$210K	$236K	10x	as long as short
Binance OPUSDT	+0.0100%	8h	0.1259	+0.086%	$20.3M	$61.9M	75x	as long as short
OKX OP-USDT-SWAP	+0.0100%	8h	0.1257	−0.015%	$6.1M	$29.8M	50x	as long as short
Gate OP_USDT	+0.0100%	8h	0.1260	+0.152%	$1.9M	$1.6M	50x	as long as short
MEXC OP_USDT	+0.0100%	8h	0.1259	+0.081%	$20.0M	$7.3M	300x	as long as short
KuCoin OPUSDTM	+0.0100%	8h	0.1259	+0.112%	$2.9M	$7.1M	75x	as long as short
Bitget OPUSDT	+0.0100%	8h	0.1259	+0.112%	$6.0M	$6.4M	75x	as long as short
BingX OP-USDT	+0.0100%	8h	0.1259	+0.089%	—	$6.8M	—	as long as short
Backpack OP_USDC_PERP	+0.0100%	1h	0.1258	+0.049%	$121K	$189K	10x	as long as short
edgeX OPUSDC	+0.0100%	4h	0.1261	+0.261%	$4K	$391K	10x	as long as short
GRVT OP_USDT_Perp	+0.0100%	8h	0.1261	+0.255%	$314K	$5.0M	10x	as long as short
ApeX Omni OPUSDT	+0.0100%	1h	0.1262	+0.351%	$43K	$723K	50x	as long as short
SoDEX OP-USD	+0.0100%	1h	0.1258	+0.057%	$175	$6K	5x	as long as short
HTX OP-USDT	+0.0100%	8h	0.1260	+0.168%	$174K	$234K	50x	as long as short
Extended OP-USDlong	+0.0104%	1h	0.1258	long leg	$106K	$430K	25x
Aevo OP-PERP	+0.0104%	1h	0.1259	+0.083%	$3K	$1K	3x	as long as short
BloFin OP-USDT	+0.0220%	8h	0.1260	+0.200%	$1.0M	$276K	75x	as long as short
Kraken Futures PF_OPUSD	+0.0385%	1h	0.1260	+0.159%	$795K	$754K	20x	as long as short
Reya OPRUSDPERP	+0.0438%	1h	0.1258	+0.019%	$699	—	20x	as long as short