data as of
Settings8H · net · $10k
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Price arb /

OP

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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$36
spread now+0.080%7d average+0.029%fees + slippage, in and out−$41spread needed0.410%
Long on MEXCShort on Aster
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC OP_USDT0.12350.0086pay 0.0086% / 8h5h 35m$19.5M$7.4M300x
ShortAster OPUSDT0.12360.0100get 0.0100% / 8h5h 35m$211K$268K10x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$8.03
Funding while held
$0.42
Slippage, 4 orders
−$33.03
Fee MEXC: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
−$32.58
Spread needed to break even
0.410%
Slippage from MEXC: live order book, 4 min ago; Aster: live order book, 63 min ago.

Cost of waiting

funding view
Funding /8h
+0.0014%
Per $10,000 a day
+$0.42
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 4 min ago0.40 bp2.5 bp −$28.8 bp −$8860.0 bp −$5,998109.7 bp −$54.9K
Sell Aster live order book, 63 min ago6.42 bp20.5 bp −$20doesn't fitdoesn't fitdoesn't fit

OP price on every exchange

against the cheapest. Click to use as the short leg.
Injective0.1231cheapestExtended0.1234+0.240%BingX0.1234+0.244%Bybit0.1234+0.252%OKX0.1234+0.268%Gate0.1235+0.284%
MEXC0.1235+0.292%
Binance0.1235+0.325%KuCoin0.1235+0.325%Bitget0.1235+0.325%Coinbase International0.1235+0.325%Backpack0.1235+0.341%dYdX0.1235+0.349%Hyperliquid0.1235+0.357%Lighter0.1235+0.366%
Aster0.1236+0.373%
Orderly0.1236+0.406%Variational Omni0.1236+0.414%SoDEX0.1236+0.422%Reya0.1236+0.436%Aevo0.1236+0.447%HTX0.1237+0.455%GMX0.1237+0.466%Deribit0.1237+0.487%gTrade (Gains Network)0.1237+0.500%edgeX0.1238+0.535%Kraken Futures0.1238+0.560%ApeX Omni0.1238+0.569%BloFin0.1238+0.585%

OP on 29 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective OP/USDC PERP−0.292%−0.1842%1h$34K$86K12xas long as short
Extended OP-USD−0.052%+0.0088%1h$99K$206K25xas long as short
BingX OP-USDT−0.049%+0.0100%8h—$6.5M—as long as short
Bybit OPUSDT−0.040%+0.0008%8h$18.0M$26.7M75xas long as short
OKX OP-USDT-SWAP−0.024%+0.0018%8h$5.6M$30.4M50xas long as short
Gate OP_USDT−0.008%+0.0048%8h$1.8M$1.5M50xas long as short
MEXC OP_USDTlong0.000%+0.0086%8h$19.5M$7.4M300x
Binance OPUSDT+0.032%+0.0086%8h$19.5M$65.7M75xas long as short
KuCoin OPUSDTM+0.032%+0.0100%8h$2.9M$7.4M75xas long as short
Bitget OPUSDT+0.032%+0.0100%8h$6.0M$6.2M75xas long as short
Show all 29 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Coinbase International OP-PERP-INTX+0.032%−0.0336%1h$21K$69K50xas long as short
Backpack OP_USDC_PERP+0.049%+0.0100%1h$127K$199K10xas long as short
dYdX OP-USD+0.057%0.0000%1h$38K$1010xas long as short
Hyperliquid OP+0.065%+0.0100%1h$3.8M$3.1M5xas long as short
Lighter OP+0.073%+0.0096%1h$265K$905K15xas long as short
Aster OPUSDTshort+0.080%+0.0100%8h$211K$268K10x
Orderly PERP_OP_USDC+0.113%−0.0043%8h$6K$54K10xas long as short
Variational Omni OP+0.121%−0.0113%8h$224K$41K—as long as short
SoDEX OP-USD+0.130%+0.0100%1h$201$6K5xas long as short
Reya OPRUSDPERP+0.143%+0.0433%1h$687—20xas long as short
Aevo OP-PERP+0.154%+0.0104%1h$4K—3xas long as short
HTX OP-USDT+0.162%+0.0100%8h$176K$261K50xas long as short
GMX OP/USD [OP-USDC]+0.173%L −0.1436% / S +0.0290%1h$13K—100xas long as short
Deribit OP_USDC-PERPETUAL+0.194%0.0000%1h$43K$186K25xas long as short
gTrade (Gains Network) OP/USD+0.207%L +0.0004% / S −0.0004%1h——150xas long as short
edgeX OPUSDC+0.241%+0.0100%4h$9K$378K10xas long as short
Kraken Futures PF_OPUSD+0.266%+0.0544%1h$768K$788K20xas long as short
ApeX Omni OPUSDT+0.275%+0.0100%1h$44K$719K50xas long as short
BloFin OP-USDT+0.292%+0.0206%8h$983K$314K75xas long as short