After costs, if the gap returns to its 7d average, $10k−$120
spread now−0.040%7d average+0.034%fees + slippage, in and out−$112spread needed1.123%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin OPUSDTM | 0.1257 | 0.0100 | pay 0.0100% / 8h | 29m 05s | $2.9M | $7.2M | 75x |
| Short | HTX OP-USDT | 0.1257 | 0.0100 | get 0.0100% / 8h | 29m 05s | $180K | $276K | 50x |
KuCoin OPUSDTM
HTX OP-USDTPrice 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
- −$3.98
- Funding while held
- $0
- Slippage, 4 orders
- −$88.27
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$116.25
- Spread needed to break even
- 1.123%
Slippage from KuCoin: live order book, 5 min ago; HTX: live order book, 19 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 KuCoin live order book, 5 min ago | 3.97 bp | 26.9 bp −$27 | 71.3 bp −$713 | doesn't fit | doesn't fit |
| Sell HTX live order book, 19 min ago | 10.21 bp | 39.4 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
OP price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International0.1251cheapestedgeX0.1252+0.043%Variational Omni0.1253+0.154%ApeX Omni0.1253+0.160%dYdX0.1255+0.318%Aster0.1255+0.343%Reya0.1256+0.376%Orderly0.1256+0.400%Extended0.1256+0.409%Aevo0.1257+0.440%
Coinbase International
Variational Omni
ApeX Omni
dYdX
Aster
Reya
Orderly
Extended
AevoHTX0.1257+0.440%
Bybit0.1257+0.448%BloFin0.1257+0.448%SoDEX0.1257+0.456%
Bybit
BloFin
SoDEXKuCoin0.1257+0.480%
Bitget0.1257+0.480%gTrade (Gains Network)0.1257+0.480%Deribit0.1257+0.480%OKX0.1257+0.488%GMX0.1257+0.503%Gate0.1257+0.512%Lighter0.1258+0.520%MEXC0.1258+0.544%Binance0.1258+0.554%BingX0.1258+0.560%Backpack0.1258+0.576%Kraken Futures0.1258+0.599%Hyperliquid0.1259+0.608%Injective0.1276+1.998%
Bitget
gTrade (Gains Network)
Deribit
OKX
GMX
Gate
Lighter
MEXC
Binance
BingX
Backpack
Kraken Futures
Hyperliquid
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 | −0.477% | −0.0296% | 1h | $22K | $91K | 50x | as long as short |
| edgeX OPUSDC | −0.434% | +0.0100% | 4h | $9K | $380K | 10x | as long as short |
| Variational Omni OP | −0.324% | −0.0065% | 8h | $230K | $46K | — | as long as short |
| ApeX Omni OPUSDT | −0.318% | +0.0100% | 1h | $45K | $717K | 50x | as long as short |
| dYdX OP-USD | −0.161% | 0.0000% | 1h | $39K | $10 | 10x | as long as short |
| Aster OPUSDT | −0.136% | +0.0100% | 8h | $208K | $467K | 10x | as long as short |
| Reya OPRUSDPERP | −0.103% | +0.0431% | 1h | $698 | — | 20x | as long as short |
| Orderly PERP_OP_USDC | −0.080% | −0.0078% | 8h | $6K | $53K | 10x | as long as short |
| Extended OP-USD | −0.070% | −0.0120% | 1h | $100K | $214K | 25x | as long as short |
| Aevo OP-PERP | −0.040% | +0.0048% | 1h | $4K | — | 3x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX OP-USDTshort | −0.040% | +0.0100% | 8h | $180K | $276K | 50x | |
| Bybit OPUSDT | −0.032% | +0.0021% | 8h | $17.6M | $28.3M | 75x | as long as short |
| BloFin OP-USDT | −0.032% | −0.0002% | 8h | $1.1M | $579K | 75x | as long as short |
| SoDEX OP-USD | −0.024% | +0.0100% | 1h | $181 | $5K | 5x | as long as short |
| KuCoin OPUSDTMlong | 0.000% | +0.0100% | 8h | $2.9M | $7.2M | 75x | |
| Bitget OPUSDT | 0.000% | +0.0100% | 8h | $5.9M | $6.5M | 75x | as long as short |
| gTrade (Gains Network) OP/USD | 0.000% | L +0.0004% / S −0.0004% | 1h | $1K | — | 150x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.000% | 0.0000% | 1h | $47K | $200K | 25x | as long as short |
| OKX OP-USDT-SWAP | +0.008% | +0.0030% | 8h | $5.9M | $33.4M | 50x | as long as short |
| GMX OP/USD [OP-USDC] | +0.023% | L −0.1469% / S +0.0291% | 1h | $13K | — | 100x | as long as short |
| Gate OP_USDT | +0.032% | +0.0100% | 8h | $1.8M | $1.8M | 50x | as long as short |
| Lighter OP | +0.040% | +0.0096% | 1h | $295K | $834K | 15x | as long as short |
| MEXC OP_USDT | +0.064% | −0.0121% | 8h | $20.0M | $8.7M | 300x | as long as short |
| Binance OPUSDT | +0.074% | −0.0122% | 8h | $20.8M | $69.3M | 75x | as long as short |
| BingX OP-USDC | +0.080% | +0.0100% | 8h | — | $1.6M | — | as long as short |
| Backpack OP_USDC_PERP | +0.095% | +0.0100% | 1h | $132K | $178K | 10x | as long as short |
| Kraken Futures PF_OPUSD | +0.119% | +0.0243% | 1h | $781K | $669K | 20x | as long as short |
| Hyperliquid OP | +0.127% | +0.0100% | 1h | $3.9M | $3.3M | 5x | as long as short |
| Injective OP/USDC PERP | +1.512% | +0.0248% | 1h | $25K | $184K | 12x | as long as short |