OP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0028%/8h= +3.0% APRnext payment +$0.03 per $10,000 · paid last 24h −0.091%

Price spread now: Coinbase International against gTrade (Gains Network)+0.437%7-day average — · you sell dearer than you buy

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

Long on gTrade (Gains Network)Short on Coinbase International

What this pair did over the last

the charts below follow

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 +$1 a day on $10k at the current rate, and Coinbase International is 0.437% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$44 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	0.1264	L +0.0004% / S −0.0004%	pay 0.0001% / 1h	21m 15s	—	—	150x
Short	Coinbase International OP-PERP-INTX	0.1270	0.0032	get 0.0004% / 1h	21m 15s	$25K	$57K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 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 gTrade (Gains Network)bpFee Coinbase InternationalbpOrdersPrice spread, now +0.437%Rate

Funding earned: $5.78
Price spread: +0.437% → 0.000%: $43.65
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $29.43
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: gTrade (Gains Network): no order-book sample; Coinbase International: 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Coinbase International no order-book sample	—	—	—	—	—

gTrade (Gains Network) and Coinbase International: 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	−0.1568%	1h	0.1256	−0.671%	$35K	$58K	12x	as long as short
GMX OP/USD [OP-USDC]	L −0.1065% / S +0.0229%	1h	0.1264	−0.026%	$13K	—	100x	as long as short
dYdX OP-USD	0.0000%	1h	0.1263	−0.078%	$39K	$532	10x	as long as short
Deribit OP_USDC-PERPETUAL	0.0000%	1h	0.1265	+0.041%	$42K	$138K	25x	as long as short
gTrade (Gains Network) OP/USDlong	L +0.0004% / S −0.0004%	1h	0.1264	long leg	—	—	150x
Coinbase International OP-PERP-INTXshort	+0.0032%	1h	0.1270	+0.437%	$25K	$57K	50x
Variational Omni OP	+0.0045%	8h	0.1264	−0.052%	$223K	$48K	—	as long as short
Orderly PERP_OP_USDC	+0.0054%	8h	0.1264	−0.038%	$6K	$46K	10x	as long as short
Kraken Futures PF_OPUSD	+0.0057%	1h	0.1265	+0.025%	$776K	$553K	20x	as long as short
OKX OP-USDT-SWAP	+0.0094%	8h	0.1264	−0.014%	$6.2M	$28.6M	50x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter OP	+0.0096%	1h	0.1263	−0.109%	$274K	$946K	15x	as long as short
Hyperliquid OP	+0.0100%	1h	0.1265	+0.065%	$3.7M	$2.8M	5x	as long as short
Aster OPUSDT	+0.0100%	8h	0.1265	+0.007%	$211K	$216K	10x	as long as short
Binance OPUSDT	+0.0100%	8h	0.1264	−0.002%	$20.5M	$61.1M	75x	as long as short
Bybit OPUSDT	+0.0100%	8h	0.1263	−0.093%	$18.6M	$24.9M	75x	as long as short
Gate OP_USDT	+0.0100%	8h	0.1264	−0.038%	$2.0M	$1.5M	50x	as long as short
MEXC OP_USDT	+0.0100%	8h	0.1265	+0.033%	$21.2M	$7.3M	300x	as long as short
KuCoin OPUSDTM	+0.0100%	8h	0.1263	−0.117%	$2.8M	$6.4M	75x	as long as short
Bitget OPUSDT	+0.0100%	8h	0.1264	−0.038%	$5.8M	$6.5M	75x	as long as short
BingX OP-USDT	+0.0100%	8h	0.1264	−0.070%	—	$6.3M	—	as long as short
Backpack OP_USDC_PERP	+0.0100%	1h	0.1259	−0.465%	$117K	$207K	10x	as long as short
edgeX OPUSDC	+0.0100%	4h	0.1262	−0.169%	$4K	$388K	10x	as long as short
GRVT OP_USDT_Perp	+0.0100%	8h	0.1264	−0.056%	$306K	$5.1M	10x	as long as short
ApeX Omni OPUSDT	+0.0100%	1h	0.1263	−0.117%	$43K	$708K	50x	as long as short
SoDEX OP-USD	+0.0100%	1h	0.1263	−0.085%	$201	$6K	5x	as long as short
HTX OP-USDT	+0.0100%	8h	0.1264	−0.006%	$171K	$231K	50x	as long as short
Extended OP-USD	+0.0104%	1h	0.1263	−0.091%	$102K	$393K	25x	as long as short
Aevo OP-PERP	+0.0104%	1h	0.1264	−0.038%	$3K	$1K	3x	as long as short
BloFin OP-USDT	+0.0220%	8h	0.1261	−0.259%	$1.0M	$279K	75x	as long as short
Reya OPRUSDPERP	+0.0442%	1h	0.1264	−0.050%	$703	—	20x	as long as short