After costs, if the gap returns to its 7d average, $10k−$266
spread now−1.332%7d average+0.106%fees + slippage, in and out−$122spread needed1.219%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective OP/USDC PERP | 0.1276 | 0.0033 | pay 0.0004% / 1h | 19m 28s | $25K | $184K | 12x |
| Short | Deribit OP_USDC-PERPETUAL | 0.1259 | 0 | get 0.0000% / 1h | 19m 28s | $47K | $200K | 25x |
Injective OP/USDC PERP
Deribit OP_USDC-PERPETUALPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$133.23
- Funding while held
- −$1
- Slippage, 4 orders
- −$114.89
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$256.14
- Spread needed to break even
- 1.219%
Slippage from Injective: live order book, 26 min ago; Deribit: live order book, 6 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0033%
- Per $10,000 a day
- −$1.00
- Average in range /8h
- —
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 Injective live order book, 26 min ago | 31.72 bp | 63.3 bp −$63 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit live order book, 6 min ago | 7.90 bp | 11.4 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
OP price on every exchange
against the cheapest. Click to use as the short leg.Bybit0.1257cheapestOKX0.1258+0.095%BingX0.1258+0.095%Orderly0.1258+0.095%Backpack0.1258+0.103%Extended0.1258+0.110%SoDEX0.1258+0.119%Gate0.1258+0.135%Lighter0.1259+0.151%Binance0.1259+0.173%KuCoin0.1259+0.175%Bitget0.1259+0.175%
Bybit
OKX
BingX
Orderly
Backpack
Extended
SoDEX
Gate
Lighter
Binance
KuCoin
BitgetDeribit0.1259+0.175%
Aevo0.1259+0.177%gTrade (Gains Network)0.1259+0.179%Reya0.1259+0.187%MEXC0.1259+0.191%GMX0.1259+0.209%Kraken Futures0.1260+0.221%Aster0.1260+0.239%dYdX0.1260+0.247%HTX0.1260+0.271%Hyperliquid0.1261+0.318%Coinbase International0.1261+0.334%Variational Omni0.1261+0.374%BloFin0.1262+0.374%ApeX Omni0.1263+0.493%edgeX0.1267+0.820%
Aevo
gTrade (Gains Network)
Reya
MEXC
GMX
Kraken Futures
Aster
dYdX
HTX
Hyperliquid
Coinbase International
Variational Omni
BloFin
ApeX OmniInjective0.1276+1.528%
OP on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit OPUSDT | −1.505% | −0.0349% | 8h | $17.8M | $27.5M | 75x | as long as short |
| OKX OP-USDT-SWAP | −1.411% | +0.0026% | 8h | $6.0M | $33.0M | 50x | as long as short |
| BingX OP-USDC | −1.411% | +0.0100% | 8h | — | $1.6M | — | as long as short |
| Orderly PERP_OP_USDC | −1.411% | −0.0074% | 8h | $6K | $53K | 10x | as long as short |
| Backpack OP_USDC_PERP | −1.403% | +0.0100% | 1h | $136K | $187K | 10x | as long as short |
| Extended OP-USD | −1.396% | −0.0024% | 1h | $101K | $208K | 25x | as long as short |
| SoDEX OP-USD | −1.387% | +0.0100% | 1h | $183 | $6K | 5x | as long as short |
| Gate OP_USDT | −1.371% | +0.0100% | 8h | $1.8M | $1.6M | 50x | as long as short |
| Lighter OP | −1.356% | +0.0096% | 1h | $282K | $900K | 15x | as long as short |
| Binance OPUSDT | −1.334% | −0.0019% | 8h | $20.6M | $68.6M | 75x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin OPUSDTM | −1.332% | +0.0100% | 8h | $2.9M | $7.4M | 75x | as long as short |
| Bitget OPUSDT | −1.332% | +0.0100% | 8h | $6.0M | $6.4M | 75x | as long as short |
| Deribit OP_USDC-PERPETUALshort | −1.332% | 0.0000% | 1h | $47K | $200K | 25x | |
| Aevo OP-PERP | −1.331% | +0.0072% | 1h | $4K | — | 3x | as long as short |
| gTrade (Gains Network) OP/USD | −1.328% | L +0.0004% / S −0.0004% | 1h | — | — | 150x | as long as short |
| Reya OPRUSDPERP | −1.321% | +0.0432% | 1h | $700 | — | 20x | as long as short |
| MEXC OP_USDT | −1.317% | −0.0020% | 8h | $20.1M | $8.8M | 300x | as long as short |
| GMX OP/USD [OP-USDC] | −1.299% | L −0.1162% / S +0.0245% | 1h | $13K | — | 100x | as long as short |
| Kraken Futures PF_OPUSD | −1.287% | +0.0473% | 1h | $782K | $678K | 20x | as long as short |
| Aster OPUSDT | −1.269% | +0.0100% | 8h | $212K | $465K | 10x | as long as short |
| dYdX OP-USD | −1.262% | 0.0000% | 1h | $39K | $10 | 10x | as long as short |
| HTX OP-USDT | −1.238% | +0.0100% | 8h | $179K | $270K | 50x | as long as short |
| Hyperliquid OP | −1.191% | +0.0100% | 1h | $3.9M | $3.3M | 5x | as long as short |
| Coinbase International OP-PERP-INTX | −1.176% | −0.0304% | 1h | $22K | $85K | 50x | as long as short |
| Variational Omni OP | −1.137% | −0.0122% | 8h | $233K | $43K | — | as long as short |
| BloFin OP-USDT | −1.136% | +0.0100% | 8h | $1.0M | $581K | 75x | as long as short |
| ApeX Omni OPUSDT | −1.019% | +0.0100% | 1h | $45K | $713K | 50x | as long as short |
| edgeX OPUSDC | −0.697% | +0.0100% | 4h | $9K | $378K | 10x | as long as short |
| Injective OP/USDC PERPlong | 0.000% | +0.0033% | 1h | $25K | $184K | 12x |