Funding you earn now, next payment 04:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%
Price spread now: ApeX Omni against gTrade (Gains Network)+0.025%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.025% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) OP/USD | 0.1258 | L +0.0004% / S −0.0004% | pay 0.0001% / 1h | 39m 12s | — | — | 150x |
| Short | ApeX Omni OPUSDT | 0.1258 | 0.0100 | get 0.0013% / 1h | 39m 12s | $43K | $710K | 50x |
gTrade (Gains Network) OP/USD
ApeX Omni OPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against gTrade (Gains Network). Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $20.06
- Price spread: +0.025% → 0.000%
- $2.54
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $2.6
- Costs to cover
- 0.200%
- Break-even
- 6.1 days
Slippage unknown: gTrade (Gains Network): no order-book sample; ApeX Omni: live order book, 19 min ago. 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 19 min ago | 11.88 bp | 20.9 bp −$21 | 128.1 bp −$1,281 | doesn't fit | doesn't fit |
gTrade (Gains Network): 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 | −0.1607% | 1h | 0.1253 | −0.372% | $35K | $58K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1257 | −0.056% | $13K | — | 100x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1258 | +0.031% | $39K | $519 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1257 | −0.054% | $41K | $151K | 25x | as long as short |
| gTrade (Gains Network) OP/USDlong | L +0.0004% / S −0.0004% | 1h | 0.1258 | long leg | — | — | 150x | |
| OKX OP-USDT-SWAP | +0.0033% | 8h | 0.1256 | −0.149% | $6.1M | $28.7M | 50x | as long as short |
| Variational Omni OP | +0.0048% | 8h | 0.1258 | +0.011% | $222K | $49K | — | as long as short |
| Orderly PERP_OP_USDC | +0.0053% | 8h | 0.1256 | −0.134% | $6K | $45K | 10x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1257 | −0.070% | $278K | $939K | 15x | as long as short |
| Hyperliquid OP | +0.0100% | 1h | 0.1258 | +0.041% | $3.7M | $2.8M | 5x | as long as short |
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
dYdX OP-USD
Deribit OP_USDC-PERPETUAL
OKX OP-USDT-SWAP
Variational Omni OP
Orderly PERP_OP_USDC
Lighter OP
Hyperliquid OPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster OPUSDT | +0.0100% | 8h | 0.1258 | −0.001% | $210K | $219K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1255 | −0.173% | $20.3M | $60.8M | 75x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1255 | −0.197% | $18.4M | $25.2M | 75x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1258 | +0.010% | $1.9M | $1.4M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1256 | −0.165% | $21.1M | $7.1M | 300x | as long as short |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1256 | −0.134% | $2.9M | $6.6M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1256 | −0.134% | $5.8M | $6.5M | 75x | as long as short |
| BingX OP-USDC | +0.0100% | 8h | 0.1256 | −0.134% | — | $1.6M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1258 | +0.065% | $120K | $194K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1262 | +0.368% | $4K | $387K | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1260 | +0.157% | $317K | $5.1M | 10x | as long as short |
| ApeX Omni OPUSDTshort | +0.0100% | 1h | 0.1258 | +0.025% | $43K | $710K | 50x | |
| SoDEX OP-USD | +0.0100% | 1h | 0.1256 | −0.157% | $198 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1257 | −0.046% | $173K | $232K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1255 | −0.193% | $101K | $391K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1256 | −0.137% | $3K | $1K | 3x | as long as short |
| Coinbase International OP-PERP-INTX | +0.0168% | 1h | 0.1262 | +0.343% | $24K | $70K | 50x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1256 | −0.110% | $1.0M | $277K | 75x | as long as short |
| Kraken Futures PF_OPUSD | +0.0351% | 1h | 0.1256 | −0.105% | $784K | $572K | 20x | as long as short |
| Reya OPRUSDPERP | +0.0441% | 1h | 0.1256 | −0.105% | $699 | — | 20x | as long as short |
Aster OPUSDT
Binance OPUSDT
Bybit OPUSDT
Gate OP_USDT
MEXC OP_USDT
KuCoin OPUSDTM
Bitget OPUSDT
BingX OP-USDC
Backpack OP_USDC_PERP
edgeX OPUSDC
GRVT OP_USDT_Perp
SoDEX OP-USD
HTX OP-USDT
Extended OP-USD
Aevo OP-PERP
Coinbase International OP-PERP-INTX
BloFin OP-USDT
Kraken Futures PF_OPUSD
Reya OPRUSDPERP