Spread before costs (cost unknown: a leg has no order-book sample)+0.298%
7d average—if it closes, per $10,000$30funding while held, a day−$11.48
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya OPRUSDPERP | 0.1267 | 0.0431 | pay 0.0054% / 1h | 43m 24s | $705 | — | 20x |
| Short | Aevo OP-PERP | 0.1271 | 0.0048 | get 0.0006% / 1h | 43m 24s | $4K | — | 3x |
Reya OPRUSDPERP
Aevo OP-PERPPrice 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
- $29.83
- Funding while held
- −$11.48
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$3.65
- Spread needed to break even
- 0.220%
Slippage unknown: Reya: no order-book sample; Aevo: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0383%
- Per $10,000 a day
- −$11.48
- 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 Reya no order-book sample | — | — | — | — | — |
| Sell Aevo no order-book sample | — | — | — | — | — |
Reya and Aevo: 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.Bybit0.1267cheapest
BybitReya0.1267+0.002%
OKX0.1268+0.039%gTrade (Gains Network)0.1268+0.043%Bitget0.1268+0.063%MEXC0.1268+0.071%Extended0.1268+0.090%KuCoin0.1269+0.142%BingX0.1269+0.142%Coinbase International0.1269+0.142%Binance0.1269+0.150%HTX0.1269+0.166%dYdX0.1269+0.174%Gate0.1270+0.189%Hyperliquid0.1270+0.205%ApeX Omni0.1270+0.221%Aster0.1270+0.229%Backpack0.1270+0.229%edgeX0.1270+0.235%BloFin0.1271+0.268%Lighter0.1271+0.284%SoDEX0.1271+0.284%Orderly0.1271+0.300%
OKX
gTrade (Gains Network)
Bitget
MEXC
Extended
KuCoin
BingX
Coinbase International
Binance
HTX
dYdX
Gate
Hyperliquid
ApeX Omni
Aster
Backpack
BloFin
Lighter
SoDEX
OrderlyAevo0.1271+0.300%
Deribit0.1272+0.379%GMX0.1272+0.402%Kraken Futures0.1272+0.415%Variational Omni0.1273+0.466%Injective0.1276+0.694%
Deribit
GMX
Kraken Futures
Variational Omni
InjectiveOP on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit OPUSDT | −0.002% | +0.0017% | 8h | $17.8M | $27.5M | 75x | as long as short |
| Reya OPRUSDPERPlong | 0.000% | +0.0431% | 1h | $705 | — | 20x | |
| OKX OP-USDT-SWAP | +0.038% | +0.0037% | 8h | $6.1M | $32.7M | 50x | as long as short |
| gTrade (Gains Network) OP/USD | +0.042% | L +0.0005% / S −0.0004% | 1h | $1K | — | 150x | as long as short |
| Bitget OPUSDT | +0.062% | +0.0100% | 8h | $5.9M | $6.2M | 75x | as long as short |
| MEXC OP_USDT | +0.069% | −0.0128% | 8h | $20.4M | $8.6M | 300x | as long as short |
| Extended OP-USD | +0.088% | −0.0128% | 1h | $102K | $214K | 25x | as long as short |
| KuCoin OPUSDTM | +0.140% | +0.0100% | 8h | $2.8M | $7.0M | 75x | as long as short |
| BingX OP-USDC | +0.140% | +0.0100% | 8h | — | $1.6M | — | as long as short |
| Coinbase International OP-PERP-INTX | +0.140% | −0.0296% | 1h | $27K | $85K | 50x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance OPUSDT | +0.149% | −0.0129% | 8h | $20.9M | $66.3M | 75x | as long as short |
| HTX OP-USDT | +0.164% | +0.0100% | 8h | $191K | $245K | 50x | as long as short |
| dYdX OP-USD | +0.172% | 0.0000% | 1h | $39K | $10 | 10x | as long as short |
| Gate OP_USDT | +0.188% | +0.0100% | 8h | $1.8M | $1.7M | 50x | as long as short |
| Hyperliquid OP | +0.204% | +0.0100% | 1h | $4.0M | $3.1M | 5x | as long as short |
| ApeX Omni OPUSDT | +0.219% | +0.0100% | 1h | $46K | $716K | 50x | as long as short |
| Aster OPUSDT | +0.227% | +0.0100% | 8h | $200K | $453K | 10x | as long as short |
| Backpack OP_USDC_PERP | +0.227% | +0.0100% | 1h | $133K | $168K | 10x | as long as short |
| edgeX OPUSDC | +0.234% | +0.0100% | 4h | $9K | $380K | 10x | as long as short |
| BloFin OP-USDT | +0.267% | −0.0008% | 8h | $1.0M | $583K | 75x | as long as short |
| Lighter OP | +0.282% | +0.0096% | 1h | $298K | $829K | 15x | as long as short |
| SoDEX OP-USD | +0.282% | +0.0100% | 1h | $178 | $5K | 5x | as long as short |
| Orderly PERP_OP_USDC | +0.298% | −0.0079% | 8h | $7K | $53K | 10x | as long as short |
| Aevo OP-PERPshort | +0.298% | +0.0048% | 1h | $4K | — | 3x | |
| Deribit OP_USDC-PERPETUAL | +0.377% | 0.0000% | 1h | $48K | $200K | 25x | as long as short |
| GMX OP/USD [OP-USDC] | +0.400% | L −0.1469% / S +0.0291% | 1h | $13K | — | 100x | as long as short |
| Kraken Futures PF_OPUSD | +0.414% | +0.0240% | 1h | $784K | $658K | 20x | as long as short |
| Variational Omni OP | +0.464% | −0.0066% | 8h | $235K | $45K | — | as long as short |
| Injective OP/USDC PERP | +0.693% | +0.0248% | 1h | $25K | $184K | 12x | as long as short |