After costs, if the gap returns to its 7d average, $10k−$56
spread now+0.008%7d average−0.051%fees + slippage, in and out−$62spread needed0.620%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC OP_USDT | 0.1254 | −0.0121 | get 0.0121% / 8h | 31m 50s | $19.9M | $8.7M | 300x |
| Short | KuCoin OPUSDTM | 0.1254 | 0.0100 | get 0.0100% / 8h | 31m 50s | $2.8M | $7.1M | 75x |
MEXC OP_USDT
KuCoin OPUSDTMPrice 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
- $0.8
- Funding while held
- $6.63
- Slippage, 4 orders
- −$49.99
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$54.57
- Spread needed to break even
- 0.620%
Slippage from MEXC: live order book, 3 min ago; KuCoin: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0221%
- Per $10,000 a day
- +$6.63
- 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, 3 min ago | 0.40 bp | 3.7 bp −$4 | 9.9 bp −$99 | 63.8 bp −$6,377 | 115.8 bp −$57.9K |
| Sell KuCoin live order book, 3 min ago | 3.97 bp | 28.0 bp −$28 | 69.3 bp −$693 | doesn't fit | doesn't fit |
OP price on every exchange
against the cheapest. Click to use as the short leg.Reya0.1250cheapestGMX0.1251+0.081%gTrade (Gains Network)0.1252+0.112%Aevo0.1252+0.123%Bybit0.1252+0.131%OKX0.1252+0.147%HTX0.1252+0.147%Extended0.1252+0.149%Binance0.1253+0.195%Coinbase International0.1253+0.203%Backpack0.1253+0.219%
Reya
GMX
gTrade (Gains Network)
Aevo
Bybit
OKX
HTX
Extended
Binance
Coinbase International
BackpackMEXC0.1254+0.275%
dYdX0.1254+0.277%Gate0.1254+0.283%
dYdX
GateKuCoin0.1254+0.283%
Bitget0.1254+0.283%BingX0.1254+0.283%Orderly0.1254+0.283%Deribit0.1254+0.283%SoDEX0.1254+0.291%Aster0.1254+0.301%Hyperliquid0.1255+0.339%Lighter0.1255+0.339%Kraken Futures0.1256+0.426%Variational Omni0.1256+0.438%BloFin0.1256+0.475%edgeX0.1257+0.508%ApeX Omni0.1257+0.523%Injective0.1276+2.043%
Bitget
BingX
Orderly
Deribit
SoDEX
Aster
Hyperliquid
Lighter
Kraken Futures
Variational Omni
BloFin
ApeX Omni
InjectiveOP on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya OPRUSDPERP | −0.275% | +0.0431% | 1h | $695 | — | 20x | as long as short |
| GMX OP/USD [OP-USDC] | −0.194% | L −0.1469% / S +0.0291% | 1h | $13K | — | 100x | as long as short |
| gTrade (Gains Network) OP/USD | −0.163% | L +0.0005% / S −0.0004% | 1h | $1K | — | 150x | as long as short |
| Aevo OP-PERP | −0.152% | +0.0048% | 1h | $4K | — | 3x | as long as short |
| Bybit OPUSDT | −0.144% | +0.0017% | 8h | $17.3M | $27.9M | 75x | as long as short |
| OKX OP-USDT-SWAP | −0.128% | +0.0033% | 8h | $6.0M | $32.7M | 50x | as long as short |
| HTX OP-USDT | −0.128% | +0.0100% | 8h | $186K | $252K | 50x | as long as short |
| Extended OP-USD | −0.126% | −0.0120% | 1h | $100K | $214K | 25x | as long as short |
| Binance OPUSDT | −0.080% | −0.0121% | 8h | $20.7M | $67.2M | 75x | as long as short |
| Coinbase International OP-PERP-INTX | −0.072% | −0.0296% | 1h | $27K | $84K | 50x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Backpack OP_USDC_PERP | −0.056% | +0.0100% | 1h | $130K | $178K | 10x | as long as short |
| MEXC OP_USDTlong | 0.000% | −0.0121% | 8h | $19.9M | $8.7M | 300x | |
| dYdX OP-USD | +0.002% | 0.0000% | 1h | $39K | $10 | 10x | as long as short |
| Gate OP_USDT | +0.008% | +0.0100% | 8h | $1.7M | $1.7M | 50x | as long as short |
| KuCoin OPUSDTMshort | +0.008% | +0.0100% | 8h | $2.8M | $7.1M | 75x | |
| Bitget OPUSDT | +0.008% | +0.0100% | 8h | $5.8M | $6.3M | 75x | as long as short |
| BingX OP-USDC | +0.008% | +0.0100% | 8h | — | $1.6M | — | as long as short |
| Orderly PERP_OP_USDC | +0.008% | −0.0079% | 8h | $7K | $53K | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | +0.008% | 0.0000% | 1h | $47K | $200K | 25x | as long as short |
| SoDEX OP-USD | +0.016% | +0.0100% | 1h | $180 | $5K | 5x | as long as short |
| Aster OPUSDT | +0.026% | +0.0100% | 8h | $208K | $454K | 10x | as long as short |
| Hyperliquid OP | +0.064% | +0.0100% | 1h | $3.9M | $3.2M | 5x | as long as short |
| Lighter OP | +0.064% | +0.0096% | 1h | $294K | $832K | 15x | as long as short |
| Kraken Futures PF_OPUSD | +0.151% | +0.0244% | 1h | $774K | $656K | 20x | as long as short |
| Variational Omni OP | +0.162% | −0.0066% | 8h | $231K | $46K | — | as long as short |
| BloFin OP-USDT | +0.199% | −0.0001% | 8h | $1.0M | $578K | 75x | as long as short |
| edgeX OPUSDC | +0.232% | +0.0100% | 4h | $9K | $379K | 10x | as long as short |
| ApeX Omni OPUSDT | +0.247% | +0.0100% | 1h | $45K | $716K | 50x | as long as short |
| Injective OP/USDC PERP | +1.763% | +0.0248% | 1h | $25K | $184K | 12x | as long as short |