After costs, if the gap returns to its 7d average, $10k−$119
spread now−0.010%7d average+0.093%fees + slippage, in and out−$108spread needed1.082%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended OP-USD | 0.1238 | 0.0048 | pay 0.0006% / 1h | 7m 31s | $99K | $206K | 25x |
| Short | HTX OP-USDT | 0.1238 | 0.0100 | get 0.0100% / 8h | 6h 07m | $175K | $261K | 50x |
Extended OP-USD
HTX 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
- −$1.01
- Funding while held
- $1.56
- Slippage, 4 orders
- −$91.22
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$107.67
- Spread needed to break even
- 1.082%
Slippage from Extended: live order book, 31 min ago; HTX: live order book, 31 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0052%
- Per $10,000 a day
- +$1.56
- 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, 31 min ago | 20.12 bp | 29.6 bp −$30 | 139.1 bp −$1,391 | doesn't fit | doesn't fit |
| Sell HTX live order book, 31 min ago | 12.04 bp | 24.3 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
OP price on every exchange
against the cheapest. Click to use as the short leg.Backpack0.1236cheapestSoDEX0.1236+0.049%Aevo0.1236+0.059%GMX0.1237+0.076%gTrade (Gains Network)0.1237+0.112%Orderly0.1237+0.113%Deribit0.1237+0.113%Coinbase International0.1237+0.113%Aster0.1237+0.129%Bybit0.1238+0.170%Hyperliquid0.1238+0.178%Kraken Futures0.1238+0.191%Gate0.1238+0.194%KuCoin0.1238+0.194%BingX0.1238+0.194%
Backpack
SoDEX
Aevo
GMX
gTrade (Gains Network)
Orderly
Deribit
Coinbase International
Aster
Bybit
Hyperliquid
Kraken Futures
Gate
KuCoin
BingXHTX0.1238+0.194%
Extended0.1238+0.204%
Variational Omni0.1238+0.223%OKX0.1238+0.227%edgeX0.1239+0.240%MEXC0.1239+0.243%BloFin0.1239+0.243%Reya0.1239+0.244%Lighter0.1239+0.267%dYdX0.1239+0.275%Bitget0.1239+0.275%ApeX Omni0.1239+0.275%Binance0.1239+0.277%Injective0.1276+3.270%
Variational Omni
OKX
MEXC
BloFin
Reya
Lighter
dYdX
Bitget
ApeX Omni
Binance
InjectiveOP on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Backpack OP_USDC_PERP | −0.204% | +0.0100% | 1h | $126K | $200K | 10x | as long as short |
| SoDEX OP-USD | −0.155% | +0.0100% | 1h | $189 | $6K | 5x | as long as short |
| Aevo OP-PERP | −0.145% | +0.0096% | 1h | $4K | — | 3x | as long as short |
| GMX OP/USD [OP-USDC] | −0.128% | L −0.1711% / S +0.0335% | 1h | $13K | — | 100x | as long as short |
| gTrade (Gains Network) OP/USD | −0.092% | L +0.0004% / S −0.0004% | 1h | — | — | 150x | as long as short |
| Orderly PERP_OP_USDC | −0.091% | −0.0057% | 8h | $6K | $54K | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | −0.091% | 0.0000% | 1h | $43K | $203K | 25x | as long as short |
| Coinbase International OP-PERP-INTX | −0.091% | −0.0344% | 1h | $21K | $69K | 50x | as long as short |
| Aster OPUSDT | −0.075% | +0.0100% | 8h | $200K | $255K | 10x | as long as short |
| Bybit OPUSDT | −0.034% | −0.0100% | 8h | $17.4M | $25.4M | 75x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Hyperliquid OP | −0.026% | +0.0100% | 1h | $3.8M | $3.1M | 5x | as long as short |
| Kraken Futures PF_OPUSD | −0.014% | +0.0619% | 1h | $767K | $671K | 20x | as long as short |
| Gate OP_USDT | −0.010% | +0.0043% | 8h | $1.8M | $1.5M | 50x | as long as short |
| KuCoin OPUSDTM | −0.010% | +0.0100% | 8h | $2.9M | $7.2M | 75x | as long as short |
| BingX OP-USDT | −0.010% | +0.0100% | 8h | — | $7.0M | — | as long as short |
| HTX OP-USDTshort | −0.010% | +0.0100% | 8h | $175K | $261K | 50x | |
| Extended OP-USDlong | 0.000% | +0.0048% | 1h | $99K | $206K | 25x | |
| Variational Omni OP | +0.019% | −0.0130% | 8h | $226K | $40K | — | as long as short |
| OKX OP-USDT-SWAP | +0.022% | +0.0010% | 8h | $5.7M | $30.4M | 50x | as long as short |
| edgeX OPUSDC | +0.036% | +0.0100% | 4h | $9K | $380K | 10x | as long as short |
| MEXC OP_USDT | +0.038% | +0.0048% | 8h | $20.0M | $8.4M | 300x | as long as short |
| BloFin OP-USDT | +0.038% | +0.0169% | 8h | $1.0M | $335K | 75x | as long as short |
| Reya OPRUSDPERP | +0.040% | +0.0433% | 1h | $689 | — | 20x | as long as short |
| Lighter OP | +0.063% | +0.0096% | 1h | $266K | $917K | 15x | as long as short |
| dYdX OP-USD | +0.071% | 0.0000% | 1h | $38K | $10 | 10x | as long as short |
| Bitget OPUSDT | +0.071% | +0.0100% | 8h | $5.8M | $5.9M | 75x | as long as short |
| ApeX Omni OPUSDT | +0.071% | +0.0100% | 1h | $44K | $718K | 50x | as long as short |
| Binance OPUSDT | +0.072% | +0.0051% | 8h | $20.2M | $64.0M | 75x | as long as short |
| Injective OP/USDC PERP | +3.059% | +0.0033% | 1h | $25K | $134K | 12x | as long as short |