After costs, if the gap returns to its 7d average, $10k−$123
spread now−0.320%7d average−0.053%fees + slippage, in and out−$97spread needed0.966%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_OPUSD | 0.1276 | 0.0142 | pay 0.0018% / 1h | 38m 38s | $786K | $663K | 20x |
| Short | ApeX Omni OPUSDT | 0.1272 | −0.0083 | pay 0.0010% / 1h | 38m 38s | $46K | $709K | 50x |
Kraken Futures PF_OPUSD
ApeX Omni OPUSDTPrice 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
- −$31.96
- Funding while held
- −$6.75
- Slippage, 4 orders
- −$76.57
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$135.29
- Spread needed to break even
- 0.966%
Slippage from Kraken Futures: live order book, 16 min ago; ApeX Omni: live order book, 16 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0225%
- Per $10,000 a day
- −$6.75
- 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 Kraken Futures live order book, 16 min ago | 12.12 bp | 36.2 bp −$36 | 107.8 bp −$1,078 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 16 min ago | 11.72 bp | 20.3 bp −$20 | 114.3 bp −$1,143 | doesn't fit | doesn't fit |
OP price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International0.1263cheapestExtended0.1271+0.640%OKX0.1272+0.689%Bitget0.1272+0.713%
Coinbase International
Extended
OKX
BitgetApeX Omni0.1272+0.713%
Bybit0.1272+0.721%Variational Omni0.1272+0.724%BingX0.1272+0.744%Binance0.1272+0.750%MEXC0.1273+0.768%KuCoin0.1273+0.792%edgeX0.1273+0.801%Gate0.1273+0.823%Aster0.1274+0.832%Hyperliquid0.1274+0.879%dYdX0.1274+0.896%Lighter0.1275+0.926%BloFin0.1275+0.934%SoDEX0.1275+0.942%Backpack0.1275+0.950%Reya0.1275+0.972%Aevo0.1275+0.981%HTX0.1276+0.998%Orderly0.1276+1.029%Deribit0.1276+1.029%
Bybit
Variational Omni
BingX
Binance
MEXC
KuCoin
Gate
Aster
Hyperliquid
dYdX
Lighter
BloFin
SoDEX
Backpack
Reya
Aevo
HTX
Orderly
DeribitKraken Futures0.1276+1.036%
gTrade (Gains Network)0.1276+1.047%GMX0.1276+1.056%Injective0.1297+2.692%
gTrade (Gains Network)
GMX
InjectiveOP 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 | −1.025% | −0.0328% | 1h | $27K | $83K | 50x | as long as short |
| Extended OP-USD | −0.391% | −0.0152% | 1h | $102K | $214K | 25x | as long as short |
| OKX OP-USDT-SWAP | −0.343% | +0.0074% | 8h | $6.0M | $32.1M | 50x | as long as short |
| Bitget OPUSDT | −0.320% | +0.0100% | 8h | $5.9M | $6.0M | 75x | as long as short |
| ApeX Omni OPUSDTshort | −0.320% | −0.0083% | 1h | $46K | $709K | 50x | |
| Bybit OPUSDT | −0.312% | +0.0009% | 8h | $17.9M | $27.0M | 75x | as long as short |
| Variational Omni OP | −0.309% | −0.0060% | 8h | $235K | $44K | — | as long as short |
| BingX OP-USDT | −0.288% | +0.0100% | 8h | — | $6.5M | — | as long as short |
| Binance OPUSDT | −0.283% | −0.0150% | 8h | $20.6M | $64.6M | 75x | as long as short |
| MEXC OP_USDT | −0.265% | −0.0152% | 8h | $20.1M | $8.8M | 300x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin OPUSDTM | −0.241% | +0.0100% | 8h | $2.9M | $6.7M | 75x | as long as short |
| edgeX OPUSDC | −0.232% | +0.0100% | 4h | $4K | $406K | 10x | as long as short |
| Gate OP_USDT | −0.210% | +0.0100% | 8h | $1.8M | $1.7M | 50x | as long as short |
| Aster OPUSDT | −0.201% | +0.0100% | 8h | $201K | $434K | 10x | as long as short |
| Hyperliquid OP | −0.155% | +0.0100% | 1h | $4.1M | $3.1M | 5x | as long as short |
| dYdX OP-USD | −0.138% | 0.0000% | 1h | $39K | $10 | 10x | as long as short |
| Lighter OP | −0.108% | +0.0096% | 1h | $369K | $749K | 15x | as long as short |
| BloFin OP-USDT | −0.100% | −0.0032% | 8h | $1.0M | $581K | 75x | as long as short |
| SoDEX OP-USD | −0.092% | +0.0100% | 1h | $157 | $5K | 5x | as long as short |
| Backpack OP_USDC_PERP | −0.085% | +0.0100% | 1h | $133K | $163K | 10x | as long as short |
| Reya OPRUSDPERP | −0.063% | +0.0430% | 1h | $709 | — | 20x | as long as short |
| Aevo OP-PERP | −0.054% | +0.0040% | 1h | $4K | — | 3x | as long as short |
| HTX OP-USDT | −0.038% | +0.0100% | 8h | $192K | $232K | 50x | as long as short |
| Orderly PERP_OP_USDC | −0.006% | −0.0072% | 8h | $7K | $53K | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | −0.006% | 0.0000% | 1h | $48K | $207K | 25x | as long as short |
| Kraken Futures PF_OPUSDlong | 0.000% | +0.0142% | 1h | $786K | $663K | 20x | |
| gTrade (Gains Network) OP/USD | +0.011% | L +0.0004% / S −0.0001% | 1h | $2K | — | 150x | as long as short |
| GMX OP/USD [OP-USDC] | +0.020% | L −0.1208% / S +0.0249% | 1h | $13K | — | 100x | as long as short |
| Injective OP/USDC PERP | +1.640% | +0.0033% | 1h | $25K | $185K | 12x | as long as short |