data as of
Settings8H · net · $10k
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Price arb /

OP

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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$147
spread now−0.160%7d average+0.046%fees + slippage, in and out−$126spread needed1.260%
Long on GateShort on Aster
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate OP_USDT0.12820.0100pay 0.0100% / 8h1h 09m$1.8M$1.7M50x
ShortAster OPUSDT0.12800.0100get 0.0100% / 8h1h 09m$202K$433K10x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$16.01
Funding while held
$0
Slippage, 4 orders
−$102.96
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Aster: 4 bp × 2 orders
−$8
Net
−$141.97
Spread needed to break even
1.260%
Slippage from Gate: live order book, 5 min ago; Aster: live order book, 45 min ago.

Cost of waiting

funding view
Funding /8h
0.0000%
Per $10,000 a day
+$0.00
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 5 min ago6.30 bp26.5 bp −$2761.0 bp −$610doesn't fitdoesn't fit
Sell Aster live order book, 45 min ago6.74 bp56.4 bp −$56doesn't fitdoesn't fitdoesn't fit

OP price on every exchange

against the cheapest. Click to use as the short leg.
Coinbase International0.1271cheapestedgeX0.1273+0.180%Variational Omni0.1274+0.226%Injective0.1276+0.393%ApeX Omni0.1278+0.551%Backpack0.1278+0.582%dYdX0.1279+0.606%
Aster0.1280+0.704%
Extended0.1280+0.720%OKX0.1281+0.755%Reya0.1281+0.765%Aevo0.1281+0.767%Bybit0.1281+0.779%Bitget0.1281+0.787%BingX0.1281+0.787%Orderly0.1281+0.787%SoDEX0.1281+0.795%MEXC0.1281+0.803%Binance0.1281+0.810%gTrade (Gains Network)0.1281+0.821%GMX0.1282+0.839%
Gate0.1282+0.865%
KuCoin0.1282+0.865%Deribit0.1282+0.865%HTX0.1282+0.865%Kraken Futures0.1282+0.869%Hyperliquid0.1282+0.873%BloFin0.1282+0.881%Lighter0.1283+0.968%

OP on 29 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Coinbase International OP-PERP-INTX−0.858%−0.0328%1h$27K$84K50xas long as short
edgeX OPUSDC−0.679%+0.0100%4h$10K$414K10xas long as short
Variational Omni OP−0.634%−0.0065%8h$235K$45K—as long as short
Injective OP/USDC PERP−0.468%+0.0033%1h$25K$238K12xas long as short
ApeX Omni OPUSDT−0.312%+0.0100%1h$46K$712K50xas long as short
Backpack OP_USDC_PERP−0.281%+0.0100%1h$133K$166K10xas long as short
dYdX OP-USD−0.257%0.0000%1h$39K$1010xas long as short
Aster OPUSDTshort−0.160%+0.0100%8h$202K$433K10x
Extended OP-USD−0.144%−0.0136%1h$102K$214K25xas long as short
OKX OP-USDT-SWAP−0.109%+0.0063%8h$6.1M$32.6M50xas long as short
Show all 29 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Reya OPRUSDPERP−0.099%+0.0430%1h$712—20xas long as short
Aevo OP-PERP−0.098%+0.0048%1h$4K—3xas long as short
Bybit OPUSDT−0.086%+0.0011%8h$18.0M$27.3M75xas long as short
Bitget OPUSDT−0.078%+0.0100%8h$6.0M$6.1M75xas long as short
BingX OP-USDC−0.078%+0.0100%8h—$1.6M—as long as short
Orderly PERP_OP_USDC−0.078%−0.0080%8h$7K$53K10xas long as short
SoDEX OP-USD−0.070%+0.0100%1h$178$5K5xas long as short
MEXC OP_USDT−0.062%−0.0137%8h$20.2M$8.9M300xas long as short
Binance OPUSDT−0.055%−0.0136%8h$20.9M$65.4M75xas long as short
gTrade (Gains Network) OP/USD−0.044%L +0.0005% / S −0.0004%1h$1K—150xas long as short
GMX OP/USD [OP-USDC]−0.026%L −0.1469% / S +0.0291%1h$13K—100xas long as short
Gate OP_USDTlong0.000%+0.0100%8h$1.8M$1.7M50x
KuCoin OPUSDTM0.000%+0.0100%8h$2.9M$6.8M75xas long as short
Deribit OP_USDC-PERPETUAL0.000%0.0000%1h$48K$199K25xas long as short
HTX OP-USDT0.000%+0.0100%8h$192K$244K50xas long as short
Kraken Futures PF_OPUSD+0.004%+0.0141%1h$790K$660K20xas long as short
Hyperliquid OP+0.008%+0.0100%1h$4.1M$3.1M5xas long as short
BloFin OP-USDT+0.016%−0.0016%8h$1.0M$585K75xas long as short
Lighter OP+0.101%+0.0096%1h$373K$754K15xas long as short