After costs, if the gap returns to its 7d average, $10k−$397
spread now−2.359%7d average+0.118%fees + slippage, in and out−$149spread needed1.492%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective OP/USDC PERP | 0.1297 | 0.0033 | pay 0.0004% / 1h | 52m 00s | $25K | $185K | 12x |
| Short | Gate OP_USDT | 0.1266 | 0.0100 | get 0.0100% / 8h | 1h 52m | $1.8M | $1.7M | 50x |
Price 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
- −$235.93
- Funding while held
- $2
- Slippage, 4 orders
- −$134.16
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$383.1
- Spread needed to break even
- 1.492%
Slippage from Injective: live order book, 3 min ago; Gate: live order book, 2 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, 3 min ago | 35.17 bp | 58.6 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 5.90 bp | 19.4 bp −$19 | 57.8 bp −$578 | doesn't fit | doesn't fit |
OP price on every exchange
against the cheapest. Click to use as the short leg.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 | −2.621% | −0.0328% | 1h | $27K | $85K | 50x | as long as short |
| BloFin OP-USDT | −2.483% | −0.0028% | 8h | $1.0M | $574K | 75x | as long as short |
| Bybit OPUSDT | −2.444% | +0.0016% | 8h | $17.8M | $27.1M | 75x | as long as short |
| Aster OPUSDT | −2.432% | +0.0100% | 8h | $199K | $434K | 10x | as long as short |
| Extended OP-USD | −2.421% | −0.0144% | 1h | $101K | $217K | 25x | as long as short |
| OKX OP-USDT-SWAP | −2.406% | +0.0076% | 8h | $6.0M | $32.1M | 50x | as long as short |
| Bitget OPUSDT | −2.390% | +0.0100% | 8h | $5.9M | $6.1M | 75x | as long as short |
| Binance OPUSDT | −2.367% | −0.0148% | 8h | $20.5M | $64.6M | 75x | as long as short |
| HTX OP-USDT | −2.367% | +0.0100% | 8h | $188K | $233K | 50x | as long as short |
| Gate OP_USDTshort | −2.359% | +0.0100% | 8h | $1.8M | $1.7M | 50x |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya OPRUSDPERP | −2.348% | +0.0430% | 1h | $704 | — | 20x | as long as short |
| MEXC OP_USDT | −2.344% | −0.0147% | 8h | $19.6M | $8.7M | 300x | as long as short |
| KuCoin OPUSDTM | −2.313% | +0.0100% | 8h | $2.9M | $6.7M | 75x | as long as short |
| Aevo OP-PERP | −2.313% | +0.0048% | 1h | $4K | — | 3x | as long as short |
| dYdX OP-USD | −2.305% | 0.0000% | 1h | $39K | $10 | 10x | as long as short |
| Backpack OP_USDC_PERP | −2.282% | +0.0100% | 1h | $131K | $165K | 10x | as long as short |
| SoDEX OP-USD | −2.282% | −0.0102% | 1h | $163 | $5K | 5x | as long as short |
| gTrade (Gains Network) OP/USD | −2.270% | L +0.0004% / S −0.0001% | 1h | $2K | — | 150x | as long as short |
| Hyperliquid OP | −2.267% | +0.0100% | 1h | $4.0M | $3.1M | 5x | as long as short |
| GMX OP/USD [OP-USDC] | −2.257% | L −0.1208% / S +0.0249% | 1h | $13K | — | 100x | as long as short |
| BingX OP-USDC | −2.236% | +0.0100% | 8h | — | $1.6M | — | as long as short |
| Orderly PERP_OP_USDC | −2.236% | −0.0072% | 8h | $6K | $53K | 10x | as long as short |
| Lighter OP | −2.159% | +0.0096% | 1h | $365K | $740K | 15x | as long as short |
| Deribit OP_USDC-PERPETUAL | −2.159% | 0.0000% | 1h | $48K | $220K | 25x | as long as short |
| Kraken Futures PF_OPUSD | −2.116% | +0.0143% | 1h | $782K | $662K | 20x | as long as short |
| ApeX Omni OPUSDT | −1.157% | +0.0100% | 1h | $46K | $703K | 50x | as long as short |
| edgeX OPUSDC | −1.123% | +0.0100% | 4h | $4K | $408K | 10x | as long as short |
| Variational Omni OP | −0.734% | −0.0057% | 8h | $235K | $39K | — | as long as short |
| Injective OP/USDC PERPlong | 0.000% | +0.0033% | 1h | $25K | $185K | 12x |
Injective OP/USDC PERP
Gate OP_USDT
Coinbase International
BloFin
Bybit
Aster
Extended
OKX
Bitget
Binance
HTX
MEXC
KuCoin
Backpack
SoDEX
gTrade (Gains Network)
Hyperliquid
GMX
BingX
Lighter
Deribit
Kraken Futures
ApeX Omni
Variational Omni