Spread before costs (cost unknown: a leg has no order-book sample)−0.082%
7d average—if it closes, per $10,000$8funding while held, a day−$1.56
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC OP_USDT | 0.1228 | 0.0052 | pay 0.0052% / 8h | 6h 05m | $19.4M | $8.5M | 300x |
| Short | dYdX OP-USD | 0.1227 | 0 | get 0.0000% / 1h | 5m 14s | $38K | $10 | 10x |
MEXC OP_USDT
dYdX OP-USDPrice 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
- −$8.16
- Funding while held
- −$1.56
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$19.72
- Spread needed to break even
- 0.100%
Slippage unknown: MEXC: live order book, 5 min ago; dYdX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0052%
- Per $10,000 a day
- −$1.56
- 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 MEXC live order book, 5 min ago | 0.40 bp | 3.4 bp −$3 | 15.1 bp −$151 | 75.6 bp −$7,563 | 110.1 bp −$55.0K |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International0.1219cheapestBackpack0.1224+0.394%KuCoin0.1226+0.574%Injective0.1226+0.574%BingX0.1227+0.656%
Coinbase International
Backpack
KuCoin
Injective
BingXdYdX0.1227+0.664%
Hyperliquid0.1227+0.681%Aster0.1227+0.690%
Hyperliquid
AsterMEXC0.1228+0.747%
Reya0.1228+0.758%Gate0.1229+0.820%gTrade (Gains Network)0.1229+0.829%Binance0.1229+0.842%GMX0.1230+0.867%Bybit0.1231+0.993%Aevo0.1232+1.033%OKX0.1232+1.034%Extended0.1232+1.035%SoDEX0.1232+1.050%Orderly0.1232+1.066%Deribit0.1232+1.066%BloFin0.1232+1.091%Lighter0.1232+1.099%Bitget0.1233+1.148%HTX0.1235+1.288%Variational Omni0.1236+1.366%Kraken Futures0.1236+1.371%edgeX0.1238+1.567%ApeX Omni0.1239+1.641%
Reya
Gate
gTrade (Gains Network)
Binance
GMX
Bybit
Aevo
OKX
Extended
SoDEX
Orderly
Deribit
BloFin
Lighter
Bitget
HTX
Variational Omni
Kraken Futures
ApeX OmniOP 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 | −0.741% | −0.0344% | 1h | $21K | $69K | 50x | as long as short |
| Backpack OP_USDC_PERP | −0.350% | +0.0100% | 1h | $125K | $200K | 10x | as long as short |
| KuCoin OPUSDTM | −0.171% | +0.0100% | 8h | $2.8M | $7.3M | 75x | as long as short |
| Injective OP/USDC PERP | −0.171% | +0.0033% | 1h | $34K | $139K | 12x | as long as short |
| BingX OP-USDC | −0.090% | +0.0100% | 8h | — | $1.6M | — | as long as short |
| dYdX OP-USDshort | −0.082% | 0.0000% | 1h | $38K | $10 | 10x | |
| Hyperliquid OP | −0.065% | +0.0100% | 1h | $3.8M | $3.2M | 5x | as long as short |
| Aster OPUSDT | −0.056% | +0.0100% | 8h | $198K | $265K | 10x | as long as short |
| MEXC OP_USDTlong | 0.000% | +0.0052% | 8h | $19.4M | $8.5M | 300x | |
| Reya OPRUSDPERP | +0.012% | +0.0433% | 1h | $683 | — | 20x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate OP_USDT | +0.073% | +0.0044% | 8h | $1.8M | $1.5M | 50x | as long as short |
| gTrade (Gains Network) OP/USD | +0.081% | L +0.0004% / S −0.0004% | 1h | — | — | 150x | as long as short |
| Binance OPUSDT | +0.095% | +0.0053% | 8h | $19.9M | $66.3M | 75x | as long as short |
| GMX OP/USD [OP-USDC] | +0.120% | L −0.1436% / S +0.0290% | 1h | $13K | — | 100x | as long as short |
| Bybit OPUSDT | +0.244% | −0.0087% | 8h | $17.8M | $26.5M | 75x | as long as short |
| Aevo OP-PERP | +0.284% | +0.0096% | 1h | $4K | — | 3x | as long as short |
| OKX OP-USDT-SWAP | +0.285% | +0.0011% | 8h | $5.7M | $30.9M | 50x | as long as short |
| Extended OP-USD | +0.286% | +0.0056% | 1h | $99K | $206K | 25x | as long as short |
| SoDEX OP-USD | +0.301% | +0.0100% | 1h | $193 | $6K | 5x | as long as short |
| Orderly PERP_OP_USDC | +0.318% | −0.0057% | 8h | $6K | $54K | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | +0.318% | 0.0000% | 1h | $43K | $188K | 25x | as long as short |
| BloFin OP-USDT | +0.342% | +0.0173% | 8h | $1.0M | $341K | 75x | as long as short |
| Lighter OP | +0.350% | +0.0096% | 1h | $264K | $919K | 15x | as long as short |
| Bitget OPUSDT | +0.399% | +0.0100% | 8h | $5.8M | $6.3M | 75x | as long as short |
| HTX OP-USDT | +0.537% | +0.0100% | 8h | $174K | $273K | 50x | as long as short |
| Variational Omni OP | +0.615% | −0.0132% | 8h | $226K | $40K | — | as long as short |
| Kraken Futures PF_OPUSD | +0.620% | +0.0620% | 1h | $779K | $740K | 20x | as long as short |
| edgeX OPUSDC | +0.814% | +0.0100% | 4h | $9K | $381K | 10x | as long as short |
| ApeX Omni OPUSDT | +0.888% | +0.0100% | 1h | $44K | $718K | 50x | as long as short |