Settings8H · net · $10k
Funding arb · Price arb /

OP

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: dYdX against HTX+0.096%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. dYdX is 0.096% dearer against HTX than usual: you sell high and buy low (spread +0.096% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX OP-USDT0.12560.0100pay 0.0100% / 8h6h 43m$173K$235K50x
ShortdYdX OP-USD0.12580get 0.0000% / 1h43m 12s$39K$51910x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against HTX. 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

Funding earned
−$21
Price spread: +0.096% → 0.000%
$9.55
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$33.45
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: HTX: live order book, 23 min ago; dYdX: 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
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 23 min ago8.26 bp20.8 bp −$212757.4 bp −$27.6Kdoesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective OP/USDC PERP−0.1535%1h0.1252−0.350%$35K$58K12xas long as short
GMX OP/USD [OP-USDC]L −0.1065% / S +0.0229%1h0.1257+0.070%$13K100xas long as short
Coinbase International OP-PERP-INTX−0.0184%1h0.1279+1.799%$25K$76K50xas long as short
dYdX OP-USDshort0.0000%1h0.1258+0.096%$39K$51910x
Deribit OP_USDC-PERPETUAL0.0000%1h0.1257+0.048%$41K$151K25xas long as short
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0004%1h0.1257+0.054%150xas long as short
Variational Omni OP+0.0050%8h0.1254−0.222%$223K$52Kas long as short
Orderly PERP_OP_USDC+0.0058%8h0.1256−0.032%$6K$48K10xas long as short
OKX OP-USDT-SWAP+0.0092%8h0.1254−0.159%$6.1M$29.9M50xas long as short
Lighter OP+0.0096%1h0.1258+0.088%$280K$947K15xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid OP+0.0100%1h0.1258+0.127%$3.8M$3.0M5xas long as short
Aster OPUSDT+0.0100%8h0.1257+0.063%$210K$231K10xas long as short
Binance OPUSDT+0.0100%8h0.1256+0.004%$20.3M$62.6M75xas long as short
Bybit OPUSDT+0.0100%8h0.1256−0.040%$18.2M$26.2M75xas long as short
Gate OP_USDT+0.0100%8h0.1257+0.056%$1.9M$1.5M50xas long as short
MEXC OP_USDT+0.0100%8h0.1258+0.088%$20.5M$7.4M300xas long as short
KuCoin OPUSDTM+0.0100%8h0.1257+0.048%$2.9M$7.0M75xas long as short
Bitget OPUSDT+0.0100%8h0.1256−0.032%$5.9M$6.6M75xas long as short
BingX OP-USDC+0.0100%8h0.1257+0.048%$1.6Mas long as short
Backpack OP_USDC_PERP+0.0100%1h0.1257+0.024%$121K$201K10xas long as short
edgeX OPUSDC+0.0100%4h0.1258+0.125%$4K$389K10xas long as short
GRVT OP_USDT_Perp+0.0100%8h0.1254−0.199%$311K$5.2M10xas long as short
ApeX Omni OPUSDT+0.0100%1h0.1257+0.048%$43K$725K50xas long as short
SoDEX OP-USD+0.0100%1h0.1256−0.008%$171$6K5xas long as short
HTX OP-USDTlong+0.0100%8h0.1256long leg$173K$235K50x
Extended OP-USD+0.0104%1h0.1256−0.025%$101K$389K25xas long as short
Aevo OP-PERP+0.0104%1h0.1256−0.070%$3K$1K3xas long as short
BloFin OP-USDT+0.0220%8h0.1261+0.374%$1.0M$276K75xas long as short
Reya OPRUSDPERP+0.0439%1h0.1257+0.020%$69920xas long as short
Kraken Futures PF_OPUSD+0.0464%1h0.1258+0.134%$794K$606K20xas long as short