Funding you earn now, next payment 11:00 UTC+0.0154%/8h= +16.9% APRpaid last 24h +0.017%
Price spread now: ApeX Omni against MEXC+0.332%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$510.505% of the position
Funding, last 7 days+0.067%+$7 on $10k
+Price spread, last 4 days (all we have)−0.065%−$6 · spread now +0.332%, 7d avg +0.038%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and ApeX Omni is 0.293% dearer against MEXC than usual: you sell high and buy low: +$29 more if the spread goes back to its 7-day average of +0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC OP_USDT | 0.1236 | −0.0054 | get 0.0054% / 8h | 5h 47m | $21.8M | $7.3M | 300x |
| Short | ApeX Omni OPUSDT | 0.1240 | 0.0100 | get 0.0013% / 1h | 47m 33s | $43K | $689K | 50x |
MEXC OP_USDT
ApeX Omni OPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against MEXC. 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
- $32.34
- Price spread: +0.332% → +0.038%
- $29.34
- Slippage, 4 orders
- −$40.54
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $11.14
- Costs to cover
- 0.505%
- Break-even
- 4.6 days
Slippage from MEXC: live order book, 4 min ago; ApeX Omni: live order book, 64 min ago.
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 MEXC live order book, 4 min ago | 0.40 bp | 2.7 bp −$3 | 13.4 bp −$134 | 62.2 bp −$6,222 | 96.5 bp −$48.2K |
| Sell ApeX Omni live order book, 64 min ago | 12.03 bp | 22.4 bp −$22 | 123.5 bp −$1,235 | doesn't fit | doesn't fit |
OP on 30 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| GMX OP/USD [OP-USDC] | L −0.0886% / S +0.0200% | 1h | 0.1237 | +0.112% | $13K | — | 100x | as long as short |
| Hyperliquid OP | −0.0569% | 1h | 0.1236 | −0.008% | $3.8M | $3.9M | 5x | as long as short |
| Deribit OP_USDC-PERPETUAL | −0.0558% | 1h | 0.1236 | +0.008% | $30K | $113K | 25x | as long as short |
| SoDEX OP-USD | −0.0097% | 1h | 0.1236 | +0.024% | $196 | $5K | 5x | as long as short |
| Orderly PERP_OP_USDC | −0.0059% | 8h | 0.1236 | +0.008% | $12K | $232K | 10x | as long as short |
| Extended OP-USD | −0.0056% | 1h | 0.1235 | −0.104% | $99K | $581K | 25x | as long as short |
| Binance OPUSDT | −0.0054% | 8h | 0.1234 | −0.118% | $19.1M | $65.9M | 75x | as long as short |
| MEXC OP_USDTlong | −0.0054% | 8h | 0.1236 | long leg | $21.8M | $7.3M | 300x | |
| Gate OP_USDT | −0.0050% | 8h | 0.1235 | −0.032% | $2.0M | $1.3M | 50x | as long as short |
| Coinbase International OP-PERP-INTX | −0.0048% | 1h | 0.1236 | +0.008% | $25K | $67K | 50x | as long as short |
GMX OP/USD [OP-USDC]
Hyperliquid OP
Deribit OP_USDC-PERPETUAL
SoDEX OP-USD
Orderly PERP_OP_USDC
Extended OP-USD
Binance OPUSDT
Gate OP_USDT
Coinbase International OP-PERP-INTXShow all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT OP_USDT_Perp | −0.0006% | 8h | 0.1242 | +0.461% | $300K | $5.4M | 10x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1237 | +0.055% | $38K | $522 | 10x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1237 | +0.057% | — | — | 150x | as long as short |
| Injective OP/USDC PERP | +0.0033% | 1h | 0.1257 | +1.707% | $35K | $67K | 12x | as long as short |
| Variational Omni OP | +0.0061% | 8h | 0.1239 | +0.262% | $219K | $46K | — | as long as short |
| Aevo OP-PERP | +0.0072% | 1h | 0.1236 | +0.049% | $3K | $1K | 3x | as long as short |
| BloFin OP-USDT | +0.0072% | 8h | 0.1238 | +0.194% | $982K | $280K | 75x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1236 | +0.049% | $262K | $1.1M | 15x | as long as short |
| Aster OPUSDT | +0.0100% | 8h | 0.1236 | +0.015% | $205K | $210K | 10x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1234 | −0.129% | $17.9M | $24.5M | 75x | as long as short |
| OKX OP-USDT-SWAP | +0.0100% | 8h | 0.1236 | +0.024% | $5.9M | $27.5M | 50x | as long as short |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1236 | +0.008% | $2.8M | $5.6M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1236 | +0.008% | $5.8M | $6.7M | 75x | as long as short |
| BingX OP-USDT | +0.0100% | 8h | 0.1236 | −0.016% | — | $6.4M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1236 | +0.032% | $108K | $201K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1239 | +0.249% | $4K | $1.1M | 10x | as long as short |
| ApeX Omni OPUSDTshort | +0.0100% | 1h | 0.1240 | +0.332% | $43K | $689K | 50x | |
| HTX OP-USDT | +0.0100% | 8h | 0.1236 | +0.016% | $168K | $255K | 50x | as long as short |
| Kraken Futures PF_OPUSD | +0.0156% | 1h | 0.1238 | +0.171% | $736K | $740K | 20x | as long as short |
| Reya OPRUSDPERP | +0.0446% | 1h | 0.1239 | +0.270% | $689 | — | 20x | as long as short |
GRVT OP_USDT_Perp
dYdX OP-USD
gTrade (Gains Network) OP/USD
Injective OP/USDC PERP
Variational Omni OP
Aevo OP-PERP
BloFin OP-USDT
Lighter OP
Aster OPUSDT
Bybit OPUSDT
OKX OP-USDT-SWAP
KuCoin OPUSDTM
Bitget OPUSDT
BingX OP-USDT
Backpack OP_USDC_PERP
edgeX OPUSDC
HTX OP-USDT
Kraken Futures PF_OPUSD
Reya OPRUSDPERP