Funding you earn now, next payment 06:00 UTC−0.0047%/8h= −5.1% APRpaid last 24h −0.107%
Price spread now: Coinbase International against KuCoin0.000%51s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.309%−$31 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin OPUSDTM | 0.1253 | 0.0079 | pay 0.0079% / 8h | 1h 09m | $2.8M | $6.2M | 75x |
| Short | Coinbase International OP-PERP-INTX | 0.1253 | 0.0032 | get 0.0004% / 1h | 9m 26s | $24K | $65K | 50x |
KuCoin OPUSDTM
Coinbase International OP-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$9.87
- Price spread: 0.000% → 0.000%
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$31.87
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 3 min ago; Coinbase International: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 3 min ago | 3.99 bp | 30.5 bp −$30 | 73.7 bp −$737 | doesn't fit | doesn't fit |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
Coinbase International: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective OP/USDC PERP | −0.1760% | 1h | 0.1248 | −0.399% | $34K | $59K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.0898% / S +0.0202% | 1h | 0.1254 | +0.109% | $13K | — | 100x | as long as short |
| Orderly PERP_OP_USDC | −0.0055% | 8h | 0.1255 | +0.160% | $12K | $236K | 10x | as long as short |
| Kraken Futures PF_OPUSD | −0.0034% | 1h | 0.1255 | +0.176% | $754K | $665K | 20x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1254 | +0.072% | $39K | $522 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1254 | +0.080% | $32K | $154K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1255 | +0.138% | — | — | 150x | as long as short |
| Variational Omni OP | +0.0011% | 8h | 0.1253 | +0.037% | $221K | $46K | — | as long as short |
| Coinbase International OP-PERP-INTXshort | +0.0032% | 1h | 0.1253 | 0.000% | $24K | $65K | 50x | |
| KuCoin OPUSDTMlong | +0.0079% | 8h | 0.1253 | long leg | $2.8M | $6.2M | 75x |
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
Orderly PERP_OP_USDC
Kraken Futures PF_OPUSD
dYdX OP-USD
Deribit OP_USDC-PERPETUAL
gTrade (Gains Network) OP/USD
Variational Omni OPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter OP | +0.0096% | 1h | 0.1254 | +0.048% | $275K | $1.1M | 15x | as long as short |
| Bybit OPUSDT | +0.0099% | 8h | 0.1254 | +0.104% | $18.4M | $26.1M | 75x | as long as short |
| Hyperliquid OP | +0.0100% | 1h | 0.1255 | +0.184% | $3.5M | $3.7M | 5x | as long as short |
| Aster OPUSDT | +0.0100% | 8h | 0.1255 | +0.169% | $206K | $210K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1255 | +0.160% | $19.8M | $67.0M | 75x | as long as short |
| OKX OP-USDT-SWAP | +0.0100% | 8h | 0.1255 | +0.128% | $6.1M | $29.5M | 50x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1254 | +0.112% | $2.0M | $1.5M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1254 | +0.096% | $22.5M | $8.0M | 300x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1254 | +0.080% | $5.7M | $6.9M | 75x | as long as short |
| BingX OP-USDC | +0.0100% | 8h | 0.1255 | +0.160% | — | $1.6M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1253 | +0.040% | $115K | $220K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1254 | +0.105% | $4K | $1.1M | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1254 | +0.081% | $310K | $5.2M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1255 | +0.160% | $43K | $698K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1254 | +0.096% | $204 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1255 | +0.128% | $168K | $256K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1253 | −0.005% | $102K | $505K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1255 | +0.140% | $3K | $1K | 3x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1254 | +0.064% | $991K | $324K | 75x | as long as short |
| Reya OPRUSDPERP | +0.0444% | 1h | 0.1254 | +0.074% | $697 | — | 20x | as long as short |
Lighter OP
Bybit OPUSDT
Hyperliquid OP
Aster OPUSDT
Binance OPUSDT
OKX OP-USDT-SWAP
Gate OP_USDT
MEXC OP_USDT
Bitget OPUSDT
BingX OP-USDC
Backpack OP_USDC_PERP
edgeX OPUSDC
GRVT OP_USDT_Perp
ApeX Omni OPUSDT
SoDEX OP-USD
HTX OP-USDT
Extended OP-USD
Aevo OP-PERP
BloFin OP-USDT
Reya OPRUSDPERP