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: BingX against HTX+0.063%7-day average −0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$560.556% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.326%−$33 · spread now +0.063%, 7d avg −0.050%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.113% dearer against HTX than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.050%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX OP-USDT | 0.1266 | 0.0100 | pay 0.0100% / 8h | 3h 00m | $171K | $229K | 50x |
| Short | BingX OP-USDT | 0.1266 | 0.0100 | get 0.0100% / 8h | 3h 00m | — | $6.3M | — |
HTX OP-USDT
BingX OP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against HTX. 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: +0.063% → −0.050%
- $11.28
- Slippage, 4 orders
- −$33.61
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$44.33
- Costs to cover
- 0.556%
- Break-even
- never at this rate
Slippage from HTX: live order book, 51 min ago; BingX: live order book, 4 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 HTX live order book, 51 min ago | 7.42 bp | 15.7 bp −$16 | 2545.7 bp −$25.5K | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 0.40 bp | 9.7 bp −$10 | 14.1 bp −$141 | 65.9 bp −$6,588 | 316.1 bp −$158.0K |
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 | 0.1257 | −0.680% | $35K | $58K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1265 | −0.034% | $13K | — | 100x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1266 | +0.014% | $39K | $532 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1265 | −0.047% | $42K | $138K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1265 | −0.041% | — | — | 150x | as long as short |
| Coinbase International OP-PERP-INTX | +0.0032% | 1h | 0.1270 | +0.348% | $25K | $56K | 50x | as long as short |
| Variational Omni OP | +0.0040% | 8h | 0.1264 | −0.164% | $224K | $48K | — | as long as short |
| Orderly PERP_OP_USDC | +0.0054% | 8h | 0.1265 | −0.047% | $6K | $47K | 10x | as long as short |
| Kraken Futures PF_OPUSD | +0.0057% | 1h | 0.1265 | −0.052% | $774K | $549K | 20x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1265 | −0.040% | $275K | $950K | 15x | as long as short |
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
dYdX OP-USD
Deribit OP_USDC-PERPETUAL
gTrade (Gains Network) OP/USD
Coinbase International OP-PERP-INTX
Variational Omni OP
Orderly PERP_OP_USDC
Kraken Futures PF_OPUSD
Lighter OPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid OP | +0.0100% | 1h | 0.1267 | +0.134% | $3.7M | $2.7M | 5x | as long as short |
| Aster OPUSDT | +0.0100% | 8h | 0.1268 | +0.173% | $212K | $216K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1267 | +0.117% | $20.4M | $61.1M | 75x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1267 | +0.087% | $18.6M | $24.9M | 75x | as long as short |
| OKX OP-USDT-SWAP | +0.0100% | 8h | 0.1266 | +0.040% | $6.2M | $28.6M | 50x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1268 | +0.158% | $2.0M | $1.5M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1268 | +0.166% | $21.7M | $7.4M | 300x | as long as short |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1264 | −0.126% | $2.8M | $6.3M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1267 | +0.111% | $5.8M | $6.5M | 75x | as long as short |
| BingX OP-USDTshort | +0.0100% | 8h | 0.1266 | +0.063% | — | $6.3M | — | |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1264 | −0.119% | $119K | $205K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1259 | −0.490% | $4K | $387K | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1260 | −0.442% | $308K | $5.2M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1259 | −0.521% | $43K | $706K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1264 | −0.111% | $193 | $6K | 5x | as long as short |
| HTX OP-USDTlong | +0.0100% | 8h | 0.1266 | long leg | $171K | $229K | 50x | |
| Extended OP-USD | +0.0104% | 1h | 0.1266 | +0.034% | $101K | $496K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1265 | −0.041% | $3K | $1K | 3x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1265 | −0.032% | $1.0M | $279K | 75x | as long as short |
| Reya OPRUSDPERP | +0.0442% | 1h | 0.1265 | −0.027% | $704 | — | 20x | as long as short |
Hyperliquid OP
Aster OPUSDT
Binance OPUSDT
Bybit OPUSDT
OKX OP-USDT-SWAP
Gate OP_USDT
MEXC OP_USDT
KuCoin OPUSDTM
Bitget OPUSDT
Backpack OP_USDC_PERP
edgeX OPUSDC
GRVT OP_USDT_Perp
ApeX Omni OPUSDT
SoDEX OP-USD
Extended OP-USD
Aevo OP-PERP
BloFin OP-USDT
Reya OPRUSDPERP