Spread before costs (cost unknown: a leg has no order-book sample)+0.016%
7d average—if it closes, per $10,000$2funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX OP-USD | 0.1243 | 0.0100 | pay 0.0013% / 1h | 46m 05s | $203 | $6K | 5x |
| Short | HTX OP-USDT | 0.1243 | 0.0100 | get 0.0100% / 8h | 5h 46m | $177K | $261K | 50x |
SoDEX OP-USD
HTX 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
- $1.61
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$18.39
- Spread needed to break even
- 0.200%
Slippage unknown: SoDEX: no order-book sample; HTX: live order book, 52 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 HTX live order book, 52 min ago | 12.04 bp | 24.3 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
SoDEX: 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.Injective0.1238cheapestCoinbase International0.1241+0.242%BingX0.1242+0.323%Bybit0.1242+0.355%OKX0.1243+0.380%Extended0.1243+0.389%KuCoin0.1243+0.404%Orderly0.1243+0.404%Aevo0.1243+0.404%
Injective
Coinbase International
BingX
Bybit
OKX
Extended
KuCoin
Orderly
AevoSoDEX0.1243+0.420%
Backpack0.1243+0.436%
BackpackHTX0.1243+0.436%
BloFin0.1243+0.436%Variational Omni0.1243+0.443%Aster0.1244+0.450%Kraken Futures0.1244+0.455%Reya0.1244+0.459%Gate0.1244+0.460%edgeX0.1244+0.464%Binance0.1244+0.464%GMX0.1244+0.466%Lighter0.1244+0.468%dYdX0.1244+0.468%MEXC0.1244+0.468%Bitget0.1244+0.485%ApeX Omni0.1244+0.485%gTrade (Gains Network)0.1244+0.485%Deribit0.1244+0.485%Hyperliquid0.1244+0.501%
BloFin
Variational Omni
Aster
Kraken Futures
Reya
Gate
Binance
GMX
Lighter
dYdX
MEXC
Bitget
ApeX Omni
gTrade (Gains Network)
Deribit
HyperliquidOP on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective OP/USDC PERP | −0.418% | −0.1842% | 1h | $34K | $86K | 12x | as long as short |
| Coinbase International OP-PERP-INTX | −0.177% | −0.0336% | 1h | $21K | $69K | 50x | as long as short |
| BingX OP-USDC | −0.097% | +0.0100% | 8h | — | $1.6M | — | as long as short |
| Bybit OPUSDT | −0.064% | +0.0016% | 8h | $18.2M | $26.8M | 75x | as long as short |
| OKX OP-USDT-SWAP | −0.040% | +0.0022% | 8h | $5.7M | $30.9M | 50x | as long as short |
| Extended OP-USD | −0.031% | +0.0080% | 1h | $100K | $206K | 25x | as long as short |
| KuCoin OPUSDTM | −0.016% | +0.0100% | 8h | $2.9M | $7.5M | 75x | as long as short |
| Orderly PERP_OP_USDC | −0.016% | −0.0048% | 8h | $6K | $54K | 10x | as long as short |
| Aevo OP-PERP | −0.016% | +0.0104% | 1h | $4K | — | 3x | as long as short |
| SoDEX OP-USDlong | 0.000% | +0.0100% | 1h | $203 | $6K | 5x |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Backpack OP_USDC_PERP | +0.016% | +0.0100% | 1h | $129K | $201K | 10x | as long as short |
| HTX OP-USDTshort | +0.016% | +0.0100% | 8h | $177K | $261K | 50x | |
| BloFin OP-USDT | +0.016% | +0.0199% | 8h | $998K | $316K | 75x | as long as short |
| Variational Omni OP | +0.023% | −0.0109% | 8h | $225K | $42K | — | as long as short |
| Aster OPUSDT | +0.030% | +0.0100% | 8h | $212K | $268K | 10x | as long as short |
| Kraken Futures PF_OPUSD | +0.035% | +0.0542% | 1h | $770K | $785K | 20x | as long as short |
| Reya OPRUSDPERP | +0.039% | +0.0433% | 1h | $692 | — | 20x | as long as short |
| Gate OP_USDT | +0.040% | +0.0090% | 8h | $1.8M | $1.4M | 50x | as long as short |
| edgeX OPUSDC | +0.043% | +0.0100% | 4h | $9K | $379K | 10x | as long as short |
| Binance OPUSDT | +0.044% | +0.0081% | 8h | $19.7M | $66.0M | 75x | as long as short |
| GMX OP/USD [OP-USDC] | +0.046% | L −0.1436% / S +0.0290% | 1h | $13K | — | 100x | as long as short |
| Lighter OP | +0.048% | +0.0096% | 1h | $267K | $905K | 15x | as long as short |
| dYdX OP-USD | +0.048% | 0.0000% | 1h | $38K | $10 | 10x | as long as short |
| MEXC OP_USDT | +0.048% | +0.0078% | 8h | $19.6M | $7.4M | 300x | as long as short |
| Bitget OPUSDT | +0.064% | +0.0100% | 8h | $6.0M | $6.2M | 75x | as long as short |
| ApeX Omni OPUSDT | +0.064% | +0.0100% | 1h | $45K | $719K | 50x | as long as short |
| gTrade (Gains Network) OP/USD | +0.064% | L +0.0004% / S −0.0004% | 1h | — | — | 150x | as long as short |
| Deribit OP_USDC-PERPETUAL | +0.064% | 0.0000% | 1h | $43K | $187K | 25x | as long as short |
| Hyperliquid OP | +0.080% | +0.0100% | 1h | $3.9M | $3.2M | 5x | as long as short |