Spread before costs (cost unknown: a leg has no order-book sample)+0.104%
7d average—if it closes, per $10,000$10funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX OP-USD | 0.1252 | 0.0100 | pay 0.0013% / 1h | 29m 50s | $179 | $5K | 5x |
| Short | KuCoin OPUSDTM | 0.1253 | 0.0100 | get 0.0100% / 8h | 29m 50s | $2.8M | $7.1M | 75x |
SoDEX OP-USD
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
- $10.39
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$9.61
- Spread needed to break even
- 0.200%
Slippage unknown: SoDEX: no order-book sample; KuCoin: live order book, 5 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 KuCoin live order book, 5 min ago | 3.97 bp | 28.0 bp −$28 | 69.3 bp −$693 | 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.BloFin0.1248cheapestReya0.1251+0.231%dYdX0.1251+0.240%Orderly0.1251+0.264%Aevo0.1251+0.264%
BloFin
Reya
dYdX
Orderly
AevoSoDEX0.1252+0.321%
Backpack0.1252+0.329%Deribit0.1252+0.345%Bybit0.1252+0.353%Aster0.1252+0.360%Lighter0.1252+0.369%gTrade (Gains Network)0.1252+0.377%GMX0.1252+0.380%OKX0.1253+0.393%BingX0.1253+0.409%Binance0.1253+0.412%Hyperliquid0.1253+0.417%Variational Omni0.1253+0.419%Gate0.1253+0.425%
Backpack
Deribit
Bybit
Aster
Lighter
gTrade (Gains Network)
GMX
OKX
BingX
Binance
Hyperliquid
Variational Omni
GateKuCoin0.1253+0.425%
Coinbase International0.1253+0.425%Extended0.1253+0.442%Kraken Futures0.1253+0.443%HTX0.1254+0.489%Bitget0.1254+0.505%MEXC0.1255+0.545%ApeX Omni0.1256+0.665%edgeX0.1257+0.751%Injective0.1276+2.268%
Coinbase International
Extended
Kraken Futures
HTX
Bitget
MEXC
ApeX Omni
InjectiveOP on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin OP-USDT | −0.320% | −0.0001% | 8h | $1.0M | $574K | 75x | as long as short |
| Reya OPRUSDPERP | −0.089% | +0.0431% | 1h | $695 | — | 20x | as long as short |
| dYdX OP-USD | −0.080% | 0.0000% | 1h | $39K | $10 | 10x | as long as short |
| Orderly PERP_OP_USDC | −0.056% | −0.0078% | 8h | $6K | $53K | 10x | as long as short |
| Aevo OP-PERP | −0.056% | +0.0048% | 1h | $4K | — | 3x | as long as short |
| SoDEX OP-USDlong | 0.000% | +0.0100% | 1h | $179 | $5K | 5x | |
| Backpack OP_USDC_PERP | +0.008% | +0.0100% | 1h | $131K | $178K | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | +0.024% | 0.0000% | 1h | $47K | $200K | 25x | as long as short |
| Bybit OPUSDT | +0.032% | +0.0019% | 8h | $17.5M | $28.2M | 75x | as long as short |
| Aster OPUSDT | +0.039% | +0.0100% | 8h | $207K | $467K | 10x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter OP | +0.048% | +0.0096% | 1h | $294K | $834K | 15x | as long as short |
| gTrade (Gains Network) OP/USD | +0.056% | L +0.0004% / S −0.0004% | 1h | $1K | — | 150x | as long as short |
| GMX OP/USD [OP-USDC] | +0.059% | L −0.1469% / S +0.0291% | 1h | $13K | — | 100x | as long as short |
| OKX OP-USDT-SWAP | +0.072% | +0.0031% | 8h | $5.9M | $33.2M | 50x | as long as short |
| BingX OP-USDT | +0.088% | +0.0100% | 8h | — | $7.0M | — | as long as short |
| Binance OPUSDT | +0.091% | −0.0121% | 8h | $20.7M | $69.2M | 75x | as long as short |
| Hyperliquid OP | +0.096% | +0.0100% | 1h | $3.9M | $3.3M | 5x | as long as short |
| Variational Omni OP | +0.098% | −0.0065% | 8h | $230K | $46K | — | as long as short |
| Gate OP_USDT | +0.104% | +0.0100% | 8h | $1.8M | $1.8M | 50x | as long as short |
| KuCoin OPUSDTMshort | +0.104% | +0.0100% | 8h | $2.8M | $7.1M | 75x | |
| Coinbase International OP-PERP-INTX | +0.104% | −0.0296% | 1h | $22K | $91K | 50x | as long as short |
| Extended OP-USD | +0.121% | −0.0120% | 1h | $100K | $214K | 25x | as long as short |
| Kraken Futures PF_OPUSD | +0.123% | +0.0244% | 1h | $778K | $673K | 20x | as long as short |
| HTX OP-USDT | +0.168% | +0.0100% | 8h | $180K | $275K | 50x | as long as short |
| Bitget OPUSDT | +0.184% | +0.0100% | 8h | $5.9M | $6.5M | 75x | as long as short |
| MEXC OP_USDT | +0.224% | −0.0121% | 8h | $19.8M | $8.7M | 300x | as long as short |
| ApeX Omni OPUSDT | +0.344% | +0.0100% | 1h | $45K | $716K | 50x | as long as short |
| edgeX OPUSDC | +0.429% | +0.0100% | 4h | $9K | $380K | 10x | as long as short |
| Injective OP/USDC PERP | +1.941% | +0.0248% | 1h | $25K | $184K | 12x | as long as short |