Spread before costs (cost unknown: a leg has no order-book sample)+0.036%
7d average—if it closes, per $10,000$4funding while held, a day−$1.08
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX OP-USD | 0.1263 | 0.0100 | pay 0.0013% / 1h | 50m 14s | $190 | $5K | 5x |
| Short | Aevo OP-PERP | 0.1264 | 0.0064 | get 0.0008% / 1h | 50m 14s | $4K | — | 3x |
SoDEX OP-USD
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
- $3.56
- Funding while held
- −$1.08
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$21.52
- Spread needed to break even
- 0.240%
Slippage unknown: SoDEX: no order-book sample; Aevo: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0036%
- Per $10,000 a day
- −$1.08
- 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Aevo no order-book sample | — | — | — | — | — |
SoDEX 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.BloFin0.1258cheapestVariational Omni0.1259+0.036%Backpack0.1260+0.151%Coinbase International0.1261+0.207%Bybit0.1262+0.286%ApeX Omni0.1262+0.286%edgeX0.1262+0.319%OKX0.1263+0.342%Extended0.1263+0.346%dYdX0.1263+0.366%KuCoin0.1263+0.366%
BloFin
Variational Omni
Backpack
Coinbase International
Bybit
ApeX Omni
OKX
Extended
dYdX
KuCoinSoDEX0.1263+0.373%
HTX0.1263+0.381%Aster0.1263+0.385%BingX0.1263+0.389%Reya0.1263+0.394%Gate0.1263+0.405%
HTX
Aster
BingX
Reya
GateAevo0.1264+0.409%
Binance0.1264+0.410%MEXC0.1264+0.413%Lighter0.1264+0.421%Bitget0.1264+0.445%gTrade (Gains Network)0.1264+0.445%Orderly0.1264+0.445%Deribit0.1264+0.445%GMX0.1264+0.474%Kraken Futures0.1264+0.483%Hyperliquid0.1265+0.517%Injective0.1276+1.399%
Binance
MEXC
Lighter
Bitget
gTrade (Gains Network)
Orderly
Deribit
GMX
Kraken Futures
Hyperliquid
InjectiveOP on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin OP-USDT | −0.372% | +0.0066% | 8h | $1.0M | $581K | 75x | as long as short |
| Variational Omni OP | −0.336% | −0.0086% | 8h | $232K | $46K | — | as long as short |
| Backpack OP_USDC_PERP | −0.222% | +0.0100% | 1h | $137K | $183K | 10x | as long as short |
| Coinbase International OP-PERP-INTX | −0.166% | −0.0304% | 1h | $22K | $91K | 50x | as long as short |
| Bybit OPUSDT | −0.087% | −0.0123% | 8h | $17.9M | $28.0M | 75x | as long as short |
| ApeX Omni OPUSDT | −0.087% | +0.0100% | 1h | $45K | $713K | 50x | as long as short |
| edgeX OPUSDC | −0.054% | +0.0100% | 4h | $8K | $379K | 10x | as long as short |
| OKX OP-USDT-SWAP | −0.032% | +0.0039% | 8h | $6.0M | $33.4M | 50x | as long as short |
| Extended OP-USD | −0.027% | −0.0056% | 1h | $101K | $212K | 25x | as long as short |
| dYdX OP-USD | −0.008% | 0.0000% | 1h | $39K | $10 | 10x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin OPUSDTM | −0.008% | +0.0100% | 8h | $2.8M | $7.4M | 75x | as long as short |
| SoDEX OP-USDlong | 0.000% | +0.0100% | 1h | $190 | $5K | 5x | |
| HTX OP-USDT | +0.008% | +0.0100% | 8h | $181K | $271K | 50x | as long as short |
| Aster OPUSDT | +0.012% | +0.0100% | 8h | $214K | $470K | 10x | as long as short |
| BingX OP-USDT | +0.016% | +0.0100% | 8h | — | $6.9M | — | as long as short |
| Reya OPRUSDPERP | +0.021% | +0.0431% | 1h | $702 | — | 20x | as long as short |
| Gate OP_USDT | +0.032% | +0.0100% | 8h | $1.8M | $1.6M | 50x | as long as short |
| Aevo OP-PERPshort | +0.036% | +0.0064% | 1h | $4K | — | 3x | |
| Binance OPUSDT | +0.036% | −0.0054% | 8h | $21.0M | $69.3M | 75x | as long as short |
| MEXC OP_USDT | +0.040% | −0.0054% | 8h | $20.2M | $8.7M | 300x | as long as short |
| Lighter OP | +0.048% | +0.0096% | 1h | $283K | $827K | 15x | as long as short |
| Bitget OPUSDT | +0.071% | +0.0100% | 8h | $6.0M | $6.5M | 75x | as long as short |
| gTrade (Gains Network) OP/USD | +0.071% | L +0.0004% / S −0.0004% | 1h | — | — | 150x | as long as short |
| Orderly PERP_OP_USDC | +0.071% | −0.0076% | 8h | $7K | $54K | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | +0.071% | 0.0000% | 1h | $47K | $200K | 25x | as long as short |
| GMX OP/USD [OP-USDC] | +0.100% | L −0.1440% / S +0.0291% | 1h | $13K | — | 100x | as long as short |
| Kraken Futures PF_OPUSD | +0.109% | +0.0471% | 1h | $785K | $683K | 20x | as long as short |
| Hyperliquid OP | +0.143% | +0.0100% | 1h | $3.9M | $3.3M | 5x | as long as short |
| Injective OP/USDC PERP | +1.021% | +0.0033% | 1h | $25K | $184K | 12x | as long as short |