After costs, if the gap returns to its 7d average, $10k−$198
spread now−0.697%7d average+0.039%fees + slippage, in and out−$124spread needed1.239%
| 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 | 18m 43s | $25K | $184K | 12x |
| Short | edgeX OPUSDC | 0.1267 | 0.0100 | get 0.0050% / 4h | 3h 18m | $9K | $378K | 10x |
Injective OP/USDC PERPPrice 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
- −$69.67
- Funding while held
- $2
- Slippage, 4 orders
- −$114.92
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$191.61
- Spread needed to break even
- 1.239%
Slippage from Injective: live order book, 27 min ago; edgeX: live order book, 26 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0067%
- Per $10,000 a day
- +$2.00
- 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, 27 min ago | 31.72 bp | 63.3 bp −$63 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 26 min ago | 3.95 bp | 11.4 bp −$11 | 72.2 bp −$722 | doesn't fit | doesn't fit |
OP price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International0.1257cheapestOrderly0.1258+0.080%SoDEX0.1258+0.119%Deribit0.1259+0.159%Aevo0.1259+0.161%gTrade (Gains Network)0.1259+0.163%BloFin0.1259+0.167%Reya0.1259+0.171%Backpack0.1259+0.183%GMX0.1259+0.193%HTX0.1260+0.223%Kraken Futures0.1260+0.256%Bybit0.1261+0.294%OKX0.1261+0.318%KuCoin0.1261+0.318%BingX0.1261+0.318%Extended0.1261+0.335%Gate0.1261+0.342%Variational Omni0.1261+0.358%Aster0.1262+0.365%Binance0.1262+0.392%Bitget0.1262+0.398%Lighter0.1262+0.414%MEXC0.1263+0.446%Hyperliquid0.1263+0.469%dYdX0.1263+0.474%ApeX Omni0.1263+0.477%
Coinbase International
Orderly
SoDEX
Deribit
Aevo
gTrade (Gains Network)
BloFin
Reya
Backpack
GMX
HTX
Kraken Futures
Bybit
OKX
KuCoin
BingX
Extended
Gate
Variational Omni
Aster
Binance
Bitget
Lighter
MEXC
Hyperliquid
dYdX
ApeX OmniInjective0.1276+1.512%
OP on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International OP-PERP-INTX | −1.489% | −0.0304% | 1h | $22K | $85K | 50x | as long as short |
| Orderly PERP_OP_USDC | −1.411% | −0.0073% | 8h | $6K | $53K | 10x | as long as short |
| SoDEX OP-USD | −1.371% | +0.0100% | 1h | $179 | $6K | 5x | as long as short |
| Deribit OP_USDC-PERPETUAL | −1.332% | 0.0000% | 1h | $47K | $200K | 25x | as long as short |
| 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 |
| BloFin OP-USDT | −1.324% | +0.0101% | 8h | $1.0M | $580K | 75x | as long as short |
| Reya OPRUSDPERP | −1.321% | +0.0432% | 1h | $700 | — | 20x | as long as short |
| Backpack OP_USDC_PERP | −1.309% | +0.0100% | 1h | $134K | $189K | 10x | as long as short |
| GMX OP/USD [OP-USDC] | −1.299% | L −0.1162% / S +0.0245% | 1h | $13K | — | 100x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX OP-USDT | −1.270% | +0.0100% | 8h | $179K | $269K | 50x | as long as short |
| Kraken Futures PF_OPUSD | −1.237% | +0.0472% | 1h | $782K | $679K | 20x | as long as short |
| Bybit OPUSDT | −1.199% | −0.0335% | 8h | $17.8M | $27.5M | 75x | as long as short |
| OKX OP-USDT-SWAP | −1.176% | +0.0026% | 8h | $6.0M | $33.1M | 50x | as long as short |
| KuCoin OPUSDTM | −1.176% | +0.0100% | 8h | $2.9M | $7.4M | 75x | as long as short |
| BingX OP-USDC | −1.176% | +0.0100% | 8h | — | $1.6M | — | as long as short |
| Extended OP-USD | −1.159% | −0.0016% | 1h | $101K | $208K | 25x | as long as short |
| Gate OP_USDT | −1.152% | +0.0100% | 8h | $1.8M | $1.6M | 50x | as long as short |
| Variational Omni OP | −1.137% | −0.0122% | 8h | $233K | $43K | — | as long as short |
| Aster OPUSDT | −1.129% | +0.0100% | 8h | $212K | $465K | 10x | as long as short |
| Binance OPUSDT | −1.103% | −0.0019% | 8h | $20.6M | $68.7M | 75x | as long as short |
| Bitget OPUSDT | −1.097% | +0.0100% | 8h | $6.0M | $6.4M | 75x | as long as short |
| Lighter OP | −1.082% | +0.0096% | 1h | $282K | $900K | 15x | as long as short |
| MEXC OP_USDT | −1.050% | −0.0018% | 8h | $20.1M | $8.8M | 300x | as long as short |
| Hyperliquid OP | −1.027% | +0.0100% | 1h | $3.9M | $3.3M | 5x | as long as short |
| dYdX OP-USD | −1.022% | 0.0000% | 1h | $39K | $10 | 10x | as long as short |
| ApeX Omni OPUSDT | −1.019% | +0.0100% | 1h | $45K | $713K | 50x | as long as short |
| edgeX OPUSDCshort | −0.697% | +0.0100% | 4h | $9K | $378K | 10x | |
| Injective OP/USDC PERPlong | 0.000% | +0.0033% | 1h | $25K | $184K | 12x |