After costs, if the gap returns to its 7d average, $10k−$47
spread now+0.092%7d average+0.075%fees + slippage, in and out−$49spread needed0.486%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended OP-USD | 0.1267 | −0.0008 | get 0.0001% / 1h | 2m 59s | $101K | $208K | 25x |
| Short | MEXC OP_USDT | 0.1268 | −0.0004 | pay 0.0004% / 8h | 7h 02m | $20.1M | $8.9M | 300x |
Extended OP-USD
MEXC 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
- $9.23
- Funding while held
- $0.12
- Slippage, 4 orders
- −$43.64
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$39.3
- Spread needed to break even
- 0.486%
Slippage from Extended: live order book, 41 min ago; MEXC: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0004%
- Per $10,000 a day
- +$0.12
- 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, 41 min ago | 11.82 bp | 21.0 bp −$21 | 141.7 bp −$1,417 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.39 bp | 4.3 bp −$4 | 10.9 bp −$109 | 61.1 bp −$6,112 | 115.3 bp −$57.6K |
OP price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International0.1257cheapestApeX Omni0.1266+0.716%Gate0.1267+0.764%Bybit0.1267+0.796%Orderly0.1267+0.796%BloFin0.1267+0.796%Reya0.1267+0.799%Variational Omni0.1267+0.806%
Coinbase International
ApeX Omni
Gate
Bybit
Orderly
BloFin
Reya
Variational OmniExtended0.1267+0.822%
OKX0.1268+0.835%Aevo0.1268+0.835%SoDEX0.1268+0.835%KuCoin0.1268+0.875%Deribit0.1268+0.875%Backpack0.1268+0.891%Lighter0.1268+0.899%HTX0.1268+0.899%Aster0.1268+0.907%gTrade (Gains Network)0.1268+0.908%Binance0.1268+0.911%
OKX
Aevo
SoDEX
KuCoin
Deribit
Backpack
Lighter
HTX
Aster
gTrade (Gains Network)
BinanceMEXC0.1268+0.915%
GMX0.1269+0.924%Bitget0.1269+0.955%BingX0.1269+0.955%dYdX0.1269+0.965%Kraken Futures0.1269+0.979%edgeX0.1269+0.982%Hyperliquid0.1269+0.986%Injective0.1276+1.512%
GMX
Bitget
BingX
dYdX
Kraken Futures
Hyperliquid
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 | −0.815% | −0.0304% | 1h | $22K | $83K | 50x | as long as short |
| ApeX Omni OPUSDT | −0.105% | +0.0100% | 1h | $45K | $713K | 50x | as long as short |
| Gate OP_USDT | −0.058% | +0.0100% | 8h | $1.8M | $1.6M | 50x | as long as short |
| Bybit OPUSDT | −0.026% | −0.0254% | 8h | $18.1M | $27.0M | 75x | as long as short |
| Orderly PERP_OP_USDC | −0.026% | −0.0073% | 8h | $7K | $53K | 10x | as long as short |
| BloFin OP-USDT | −0.026% | +0.0116% | 8h | $1.0M | $582K | 75x | as long as short |
| Reya OPRUSDPERP | −0.022% | +0.0432% | 1h | $705 | — | 20x | as long as short |
| Variational Omni OP | −0.016% | −0.0138% | 8h | $234K | $43K | — | as long as short |
| Extended OP-USDlong | 0.000% | −0.0008% | 1h | $101K | $208K | 25x | |
| OKX OP-USDT-SWAP | +0.013% | +0.0019% | 8h | $6.0M | $32.9M | 50x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo OP-PERP | +0.013% | +0.0080% | 1h | $4K | — | 3x | as long as short |
| SoDEX OP-USD | +0.013% | +0.0100% | 1h | $178 | $5K | 5x | as long as short |
| KuCoin OPUSDTM | +0.053% | +0.0100% | 8h | $2.9M | $7.4M | 75x | as long as short |
| Deribit OP_USDC-PERPETUAL | +0.053% | 0.0000% | 1h | $47K | $200K | 25x | as long as short |
| Backpack OP_USDC_PERP | +0.069% | +0.0100% | 1h | $135K | $188K | 10x | as long as short |
| Lighter OP | +0.076% | +0.0096% | 1h | $284K | $900K | 15x | as long as short |
| HTX OP-USDT | +0.076% | +0.0100% | 8h | $180K | $266K | 50x | as long as short |
| Aster OPUSDT | +0.084% | +0.0100% | 8h | $213K | $465K | 10x | as long as short |
| gTrade (Gains Network) OP/USD | +0.085% | L +0.0004% / S −0.0004% | 1h | — | — | 150x | as long as short |
| Binance OPUSDT | +0.089% | −0.0004% | 8h | $20.7M | $68.1M | 75x | as long as short |
| MEXC OP_USDTshort | +0.092% | −0.0004% | 8h | $20.1M | $8.9M | 300x | |
| GMX OP/USD [OP-USDC] | +0.101% | L −0.1436% / S +0.0290% | 1h | $13K | — | 100x | as long as short |
| Bitget OPUSDT | +0.132% | +0.0100% | 8h | $6.0M | $6.4M | 75x | as long as short |
| BingX OP-USDC | +0.132% | +0.0100% | 8h | — | $1.6M | — | as long as short |
| dYdX OP-USD | +0.142% | 0.0000% | 1h | $39K | $10 | 10x | as long as short |
| Kraken Futures PF_OPUSD | +0.156% | +0.0469% | 1h | $788K | $677K | 20x | as long as short |
| edgeX OPUSDC | +0.159% | +0.0100% | 4h | $10K | $379K | 10x | as long as short |
| Hyperliquid OP | +0.163% | +0.0100% | 1h | $4.0M | $3.3M | 5x | as long as short |
| Injective OP/USDC PERP | +0.684% | +0.0033% | 1h | $25K | $184K | 12x | as long as short |