Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Gate0.000%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$880.883% of the position
Funding, last 7 days+0.147%+$15 on $10k
+Price spread, last 7 days+0.005%+$1 · spread now 0.000%, 7d avg −0.004%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate OP_USDT | 0.1243 | 0.0100 | pay 0.0100% / 8h | 2h 23m | $2.0M | $1.5M | 50x |
| Short | Bitget OPUSDT | 0.1243 | 0.0100 | get 0.0100% / 8h | 2h 23m | $5.7M | $6.6M | 75x |
Gate OP_USDT
Bitget OPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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
- $0
- Price spread: 0.000% → −0.004%
- $0.36
- Slippage, 4 orders
- −$61.25
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$87.89
- Costs to cover
- 0.883%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; Bitget: live order book, 5 min ago.
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 Gate live order book, 4 min ago | 4.02 bp | 31.1 bp −$31 | 81.7 bp −$817 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 8.03 bp | 14.0 bp −$14 | 32.0 bp −$320 | 131.2 bp −$13.1K | doesn't fit |
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 | −0.1583% | 1h | 0.1236 | −0.563% | $34K | $59K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1243 | −0.025% | $13K | — | 100x | as long as short |
| Deribit OP_USDC-PERPETUAL | −0.0555% | 1h | 0.1242 | −0.080% | $40K | $139K | 25x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1244 | +0.044% | $38K | $532 | 10x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1243 | −0.035% | — | — | 150x | as long as short |
| Orderly PERP_OP_USDC | +0.0012% | 8h | 0.1241 | −0.161% | $59K | $142K | 10x | as long as short |
| Variational Omni OP | +0.0023% | 8h | 0.1243 | −0.029% | $220K | $45K | — | as long as short |
| Kraken Futures PF_OPUSD | +0.0075% | 1h | 0.1244 | +0.055% | $748K | $629K | 20x | as long as short |
| Bybit OPUSDT | +0.0088% | 8h | 0.1243 | −0.024% | $18.3M | $25.6M | 75x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1242 | −0.040% | $277K | $1.0M | 15x | as long as short |
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
Deribit OP_USDC-PERPETUAL
dYdX OP-USD
gTrade (Gains Network) OP/USD
Orderly PERP_OP_USDC
Variational Omni OP
Kraken Futures PF_OPUSD
Bybit OPUSDT
Lighter OPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid OP | +0.0100% | 1h | 0.1244 | +0.056% | $3.3M | $2.9M | 5x | as long as short |
| Aster OPUSDT | +0.0100% | 8h | 0.1243 | −0.002% | $203K | $210K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1245 | +0.121% | $19.5M | $64.0M | 75x | as long as short |
| OKX OP-USDT-SWAP | +0.0100% | 8h | 0.1244 | +0.056% | $6.1M | $28.7M | 50x | as long as short |
| Gate OP_USDTlong | +0.0100% | 8h | 0.1243 | long leg | $2.0M | $1.5M | 50x | |
| MEXC OP_USDT | +0.0100% | 8h | 0.1244 | +0.040% | $22.6M | $7.7M | 300x | as long as short |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1241 | −0.161% | $2.8M | $6.4M | 75x | as long as short |
| Bitget OPUSDTshort | +0.0100% | 8h | 0.1243 | 0.000% | $5.7M | $6.6M | 75x | |
| BingX OP-USDC | +0.0100% | 8h | 0.1244 | +0.080% | — | $1.6M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1243 | −0.016% | $104K | $214K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1245 | +0.182% | $377K | $766K | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1245 | +0.161% | $310K | $5.4M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1247 | +0.322% | $43K | $705K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1242 | −0.088% | $195 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1243 | 0.000% | $172K | $239K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1241 | −0.142% | $99K | $502K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1241 | −0.140% | $3K | $1K | 3x | as long as short |
| Coinbase International OP-PERP-INTX | +0.0160% | 1h | 0.1243 | 0.000% | $26K | $59K | 50x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1243 | +0.008% | $990K | $274K | 75x | as long as short |
| Reya OPRUSDPERP | +0.0443% | 1h | 0.1241 | −0.166% | $690 | — | 20x | as long as short |
Hyperliquid OP
Aster OPUSDT
Binance OPUSDT
OKX OP-USDT-SWAP
MEXC OP_USDT
KuCoin OPUSDTM
BingX OP-USDC
Backpack OP_USDC_PERP
edgeX OPUSDC
GRVT OP_USDT_Perp
ApeX Omni OPUSDT
SoDEX OP-USD
HTX OP-USDT
Extended OP-USD
Aevo OP-PERP
Coinbase International OP-PERP-INTX
BloFin OP-USDT
Reya OPRUSDPERP