Spread before costs (cost unknown: a leg has no order-book sample)+0.468%
7d average+0.031%if it closes, per $10,000$47funding while held, a day−$5.29
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended OP-USD | 0.1233 | 0.0104 | pay 0.0013% / 1h | 56m 20s | $99K | $206K | 25x |
| Short | Variational Omni OP | 0.1239 | −0.0072 | pay 0.0072% / 8h | 4h 56m | $226K | $43K | — |
Extended OP-USD
Variational Omni OPPrice 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
- $46.8
- Funding while held
- −$5.29
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $36.52
- Spread needed to break even
- 0.050%
Slippage unknown: Extended: live order book, 38 min ago; Variational Omni: RFQ quote, 39 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0176%
- Per $10,000 a day
- −$5.29
- 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, 38 min ago | 12.14 bp | 21.8 bp −$22 | 147.3 bp −$1,473 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 39 min ago | 8.10 bp | doesn't fit | 16.2 bp −$162 | doesn't fit | doesn't fit |
OP price on every exchange
against the cheapest. Click to use as the short leg.Injective0.1230cheapestCoinbase International0.1232+0.163%Bybit0.1232+0.195%Gate0.1233+0.236%KuCoin0.1233+0.244%BingX0.1233+0.244%Orderly0.1233+0.244%
Injective
Coinbase International
Bybit
Gate
KuCoin
BingX
OrderlyExtended0.1233+0.253%
OKX0.1233+0.260%Binance0.1233+0.273%SoDEX0.1233+0.276%Aevo0.1233+0.279%MEXC0.1234+0.285%Reya0.1234+0.288%Bitget0.1234+0.325%Deribit0.1234+0.325%gTrade (Gains Network)0.1234+0.341%Lighter0.1234+0.350%GMX0.1234+0.355%BloFin0.1234+0.358%Aster0.1234+0.365%Hyperliquid0.1235+0.366%Kraken Futures0.1235+0.376%dYdX0.1235+0.385%HTX0.1235+0.439%Backpack0.1236+0.463%edgeX0.1237+0.610%ApeX Omni0.1238+0.650%
OKX
Binance
SoDEX
Aevo
MEXC
Reya
Bitget
Deribit
gTrade (Gains Network)
Lighter
GMX
BloFin
Aster
Hyperliquid
Kraken Futures
dYdX
HTX
Backpack
ApeX OmniVariational Omni0.1239+0.722%
OP on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective OP/USDC PERP | −0.252% | −0.1650% | 1h | $34K | $58K | 12x | as long as short |
| Coinbase International OP-PERP-INTX | −0.090% | −0.0312% | 1h | $21K | $67K | 50x | as long as short |
| Bybit OPUSDT | −0.058% | +0.0099% | 8h | $18.0M | $26.5M | 75x | as long as short |
| Gate OP_USDT | −0.017% | +0.0048% | 8h | $1.8M | $1.4M | 50x | as long as short |
| KuCoin OPUSDTM | −0.009% | +0.0100% | 8h | $2.9M | $7.4M | 75x | as long as short |
| BingX OP-USDC | −0.009% | +0.0100% | 8h | — | $1.6M | — | as long as short |
| Orderly PERP_OP_USDC | −0.009% | −0.0026% | 8h | $6K | $53K | 10x | as long as short |
| Extended OP-USDlong | 0.000% | +0.0104% | 1h | $99K | $206K | 25x | |
| OKX OP-USDT-SWAP | +0.007% | +0.0046% | 8h | $5.7M | $30.0M | 50x | as long as short |
| Binance OPUSDT | +0.020% | +0.0100% | 8h | $19.5M | $64.5M | 75x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX OP-USD | +0.024% | +0.0100% | 1h | $179 | $6K | 5x | as long as short |
| Aevo OP-PERP | +0.026% | +0.0104% | 1h | $4K | — | 3x | as long as short |
| MEXC OP_USDT | +0.032% | +0.0100% | 8h | $19.5M | $7.1M | 300x | as long as short |
| Reya OPRUSDPERP | +0.035% | +0.0434% | 1h | $686 | — | 20x | as long as short |
| Bitget OPUSDT | +0.072% | +0.0100% | 8h | $6.0M | $6.2M | 75x | as long as short |
| Deribit OP_USDC-PERPETUAL | +0.072% | 0.0000% | 1h | $43K | $184K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | +0.088% | L +0.0004% / S −0.0004% | 1h | — | — | 150x | as long as short |
| Lighter OP | +0.097% | +0.0096% | 1h | $266K | $898K | 15x | as long as short |
| GMX OP/USD [OP-USDC] | +0.102% | L −0.0887% / S +0.0200% | 1h | $13K | — | 100x | as long as short |
| BloFin OP-USDT | +0.105% | +0.0220% | 8h | $975K | $303K | 75x | as long as short |
| Aster OPUSDT | +0.112% | +0.0100% | 8h | $209K | $266K | 10x | as long as short |
| Hyperliquid OP | +0.113% | +0.0100% | 1h | $3.8M | $3.1M | 5x | as long as short |
| Kraken Futures PF_OPUSD | +0.122% | +0.0528% | 1h | $767K | $766K | 20x | as long as short |
| dYdX OP-USD | +0.132% | 0.0000% | 1h | $38K | $437 | 10x | as long as short |
| HTX OP-USDT | +0.186% | +0.0100% | 8h | $176K | $258K | 50x | as long as short |
| Backpack OP_USDC_PERP | +0.210% | +0.0100% | 1h | $127K | $197K | 10x | as long as short |
| edgeX OPUSDC | +0.356% | +0.0100% | 4h | $10K | $377K | 10x | as long as short |
| ApeX Omni OPUSDT | +0.397% | +0.0100% | 1h | $44K | $719K | 50x | as long as short |
| Variational Omni OPshort | +0.468% | −0.0072% | 8h | $226K | $43K | — |