After costs, if the gap returns to its 7d average, $10k−$66
spread now+0.008%7d average−0.001%fees + slippage, in and out−$67spread needed0.670%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX OP-USDT-SWAP | 0.1268 | 0.0028 | pay 0.0028% / 8h | 7h 23m | $6.0M | $33.3M | 50x |
| Short | Gate OP_USDT | 0.1268 | 0.0100 | get 0.0100% / 8h | 7h 23m | $1.8M | $1.6M | 50x |
OKX OP-USDT-SWAP
Gate 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
- $0.79
- Funding while held
- $2.15
- Slippage, 4 orders
- −$42.02
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$64.08
- Spread needed to break even
- 0.670%
Slippage from OKX: live order book, 1 min ago; Gate: live order book, just now.
Cost of waiting
funding view- Funding /8h
- +0.0072%
- Per $10,000 a day
- +$2.15
- 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 OKX live order book, 1 min ago | 0.40 bp | 10.6 bp −$11 | 26.6 bp −$266 | doesn't fit | doesn't fit |
| Sell Gate live order book, just now | 5.92 bp | 15.2 bp −$15 | 61.2 bp −$612 | doesn't fit | doesn't fit |
OP price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International0.1263cheapestReya0.1266+0.231%BloFin0.1266+0.253%HTX0.1267+0.293%Bybit0.1267+0.309%Orderly0.1267+0.317%gTrade (Gains Network)0.1267+0.321%GMX0.1267+0.351%BingX0.1268+0.364%Variational Omni0.1268+0.378%Extended0.1268+0.378%
Coinbase International
Reya
BloFin
HTX
Bybit
Orderly
gTrade (Gains Network)
GMX
BingX
Variational Omni
ExtendedOKX0.1268+0.380%
Gate0.1268+0.388%
KuCoin0.1268+0.396%Aevo0.1268+0.396%Deribit0.1268+0.396%Aster0.1268+0.404%Binance0.1268+0.409%MEXC0.1268+0.420%SoDEX0.1268+0.435%Lighter0.1269+0.459%Backpack0.1269+0.467%Bitget0.1269+0.475%dYdX0.1269+0.477%Hyperliquid0.1270+0.523%Kraken Futures0.1270+0.546%edgeX0.1272+0.682%ApeX Omni0.1274+0.871%Injective0.1276+1.029%
KuCoin
Aevo
Deribit
Aster
Binance
MEXC
SoDEX
Lighter
Backpack
Bitget
dYdX
Hyperliquid
Kraken Futures
ApeX Omni
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 | −0.379% | −0.0304% | 1h | $22K | $85K | 50x | as long as short |
| Reya OPRUSDPERP | −0.149% | +0.0432% | 1h | $704 | — | 20x | as long as short |
| BloFin OP-USDT | −0.126% | +0.0102% | 8h | $1.0M | $583K | 75x | as long as short |
| HTX OP-USDT | −0.087% | +0.0100% | 8h | $181K | $270K | 50x | as long as short |
| Bybit OPUSDT | −0.071% | −0.0357% | 8h | $17.9M | $27.5M | 75x | as long as short |
| Orderly PERP_OP_USDC | −0.063% | −0.0074% | 8h | $6K | $53K | 10x | as long as short |
| gTrade (Gains Network) OP/USD | −0.059% | L +0.0004% / S −0.0004% | 1h | — | — | 150x | as long as short |
| GMX OP/USD [OP-USDC] | −0.029% | L −0.1162% / S +0.0245% | 1h | $13K | — | 100x | as long as short |
| BingX OP-USDT | −0.016% | +0.0100% | 8h | — | $6.9M | — | as long as short |
| Variational Omni OP | −0.002% | −0.0108% | 8h | $235K | $43K | — | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended OP-USD | −0.002% | −0.0016% | 1h | $101K | $208K | 25x | as long as short |
| OKX OP-USDT-SWAPlong | 0.000% | +0.0028% | 8h | $6.0M | $33.3M | 50x | |
| Gate OP_USDTshort | +0.008% | +0.0100% | 8h | $1.8M | $1.6M | 50x | |
| KuCoin OPUSDTM | +0.016% | +0.0100% | 8h | $2.9M | $7.4M | 75x | as long as short |
| Aevo OP-PERP | +0.016% | +0.0080% | 1h | $4K | — | 3x | as long as short |
| Deribit OP_USDC-PERPETUAL | +0.016% | 0.0000% | 1h | $47K | $200K | 25x | as long as short |
| Aster OPUSDT | +0.024% | +0.0100% | 8h | $213K | $465K | 10x | as long as short |
| Binance OPUSDT | +0.029% | −0.0020% | 8h | $20.7M | $68.8M | 75x | as long as short |
| MEXC OP_USDT | +0.039% | −0.0018% | 8h | $20.3M | $8.8M | 300x | as long as short |
| SoDEX OP-USD | +0.055% | +0.0100% | 1h | $185 | $6K | 5x | as long as short |
| Lighter OP | +0.079% | +0.0096% | 1h | $284K | $900K | 15x | as long as short |
| Backpack OP_USDC_PERP | +0.087% | +0.0100% | 1h | $137K | $187K | 10x | as long as short |
| Bitget OPUSDT | +0.095% | +0.0100% | 8h | $6.0M | $6.4M | 75x | as long as short |
| dYdX OP-USD | +0.097% | 0.0000% | 1h | $39K | $10 | 10x | as long as short |
| Hyperliquid OP | +0.142% | +0.0100% | 1h | $3.9M | $3.3M | 5x | as long as short |
| Kraken Futures PF_OPUSD | +0.166% | +0.0469% | 1h | $788K | $679K | 20x | as long as short |
| edgeX OPUSDC | +0.301% | +0.0100% | 4h | $8K | $377K | 10x | as long as short |
| ApeX Omni OPUSDT | +0.489% | +0.0100% | 1h | $46K | $712K | 50x | as long as short |
| Injective OP/USDC PERP | +0.647% | +0.0033% | 1h | $25K | $184K | 12x | as long as short |