Funding you earn now, next payment 04:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h −0.120%
Price spread now: Coinbase International against HTX+0.415%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.324%−$32 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Coinbase International is 0.415% dearer against HTX than usual: you sell high and buy low (spread +0.415% now, against zero (this spread has no 7-day history yet)): +$42 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 20 days. At the pace of the last 7 days (−0.324% in total) that is about 9.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX OP-USDT | 0.1276 | 0.0100 | pay 0.0100% / 8h | 3h 49m | $173K | $232K | 50x |
| Short | Coinbase International OP-PERP-INTX | 0.1281 | 0.0032 | get 0.0004% / 1h | 49m 33s | $25K | $64K | 50x |
HTX OP-USDT
Coinbase International OP-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$14.28
- Price spread: +0.415% → 0.000%
- $41.55
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $5.27
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: HTX: live order book, 2 min ago; 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 HTX live order book, 2 min ago | 7.42 bp | 15.7 bp −$16 | 2545.7 bp −$25.5K | doesn't fit | doesn't fit |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
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 | 0.1271 | −0.368% | $35K | $58K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1274 | −0.113% | $13K | — | 100x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1273 | −0.204% | $39K | $519 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1274 | −0.133% | $42K | $138K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1275 | −0.082% | — | — | 150x | as long as short |
| Coinbase International OP-PERP-INTXshort | +0.0032% | 1h | 0.1281 | +0.415% | $25K | $64K | 50x | |
| Orderly PERP_OP_USDC | +0.0054% | 8h | 0.1275 | −0.055% | $6K | $45K | 10x | as long as short |
| Kraken Futures PF_OPUSD | +0.0056% | 1h | 0.1274 | −0.144% | $784K | $552K | 20x | as long as short |
| Variational Omni OP | +0.0060% | 8h | 0.1279 | +0.253% | $226K | $48K | — | as long as short |
| OKX OP-USDT-SWAP | +0.0075% | 8h | 0.1272 | −0.321% | $6.3M | $28.7M | 50x | 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
Orderly PERP_OP_USDC
Kraken Futures PF_OPUSD
Variational Omni OP
OKX OP-USDT-SWAPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter OP | +0.0096% | 1h | 0.1273 | −0.251% | $280K | $942K | 15x | as long as short |
| Hyperliquid OP | +0.0100% | 1h | 0.1274 | −0.141% | $3.7M | $2.8M | 5x | as long as short |
| Aster OPUSDT | +0.0100% | 8h | 0.1274 | −0.127% | $213K | $216K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1271 | −0.336% | $20.6M | $60.7M | 75x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1271 | −0.368% | $18.7M | $24.9M | 75x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1273 | −0.235% | $2.0M | $1.4M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1272 | −0.282% | $21.4M | $7.2M | 300x | as long as short |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1272 | −0.290% | $2.9M | $6.4M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1272 | −0.290% | $5.9M | $6.5M | 75x | as long as short |
| BingX OP-USDT | +0.0100% | 8h | 0.1272 | −0.298% | — | $6.3M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1272 | −0.267% | $122K | $202K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1273 | −0.185% | $4K | $388K | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1276 | +0.041% | $319K | $5.1M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1274 | −0.133% | $44K | $711K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1273 | −0.172% | $200 | $6K | 5x | as long as short |
| HTX OP-USDTlong | +0.0100% | 8h | 0.1276 | long leg | $173K | $232K | 50x | |
| Extended OP-USD | +0.0104% | 1h | 0.1271 | −0.364% | $102K | $393K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1274 | −0.151% | $3K | $1K | 3x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1278 | +0.157% | $1.0M | $282K | 75x | as long as short |
| Reya OPRUSDPERP | +0.0441% | 1h | 0.1273 | −0.177% | $708 | — | 20x | as long as short |
Lighter OP
Hyperliquid OP
Aster OPUSDT
Binance OPUSDT
Bybit OPUSDT
Gate OP_USDT
MEXC OP_USDT
KuCoin OPUSDTM
Bitget OPUSDT
BingX OP-USDT
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