Spread before costs (cost unknown: a leg has no order-book sample)+1.030%
7d average+0.043%if it closes, per $10,000$103funding while held, a day+$4.96
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni OP | 0.1274 | −0.0065 | get 0.0065% / 8h | 1h 08m | $235K | $45K | — |
| Short | Bitget OPUSDT | 0.1287 | 0.0100 | get 0.0100% / 8h | 1h 08m | $6.0M | $6.1M | 75x |
Variational Omni OP
Bitget OPUSDTPrice 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
- $103.02
- Funding while held
- $4.96
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $95.99
- Spread needed to break even
- 0.120%
Slippage unknown: Variational Omni: RFQ quote, 47 min ago; Bitget: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0165%
- Per $10,000 a day
- +$4.96
- 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 Variational Omni RFQ quote, 47 min ago | 7.79 bp | doesn't fit | 31.2 bp −$312 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 7.81 bp | 17.0 bp −$17 | 29.0 bp −$290 | 128.0 bp −$12.8K | doesn't fit |
OP price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International0.1271cheapestedgeX0.1273+0.180%
Coinbase InternationalVariational Omni0.1274+0.226%
Injective0.1276+0.393%ApeX Omni0.1278+0.551%BloFin0.1282+0.881%Reya0.1283+0.938%dYdX0.1284+0.984%Aster0.1284+1.042%Extended0.1285+1.101%Orderly0.1285+1.101%HTX0.1285+1.117%GMX0.1285+1.128%Bybit0.1285+1.141%Aevo0.1285+1.141%gTrade (Gains Network)0.1286+1.173%OKX0.1286+1.180%Deribit0.1286+1.180%Binance0.1286+1.203%SoDEX0.1286+1.204%BingX0.1286+1.212%MEXC0.1286+1.220%Backpack0.1287+1.251%Gate0.1287+1.259%KuCoin0.1287+1.259%
Injective
ApeX Omni
BloFin
Reya
dYdX
Aster
Extended
Orderly
HTX
GMX
Bybit
Aevo
gTrade (Gains Network)
OKX
Deribit
Binance
SoDEX
BingX
MEXC
Backpack
Gate
KuCoinBitget0.1287+1.259%
Kraken Futures0.1287+1.286%Hyperliquid0.1288+1.338%Lighter0.1288+1.361%
Kraken Futures
Hyperliquid
LighterOP 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 | −0.226% | −0.0328% | 1h | $27K | $84K | 50x | as long as short |
| edgeX OPUSDC | −0.046% | +0.0100% | 4h | $10K | $414K | 10x | as long as short |
| Variational Omni OPlong | 0.000% | −0.0065% | 8h | $235K | $45K | — | |
| Injective OP/USDC PERP | +0.167% | +0.0033% | 1h | $25K | $238K | 12x | as long as short |
| ApeX Omni OPUSDT | +0.324% | +0.0100% | 1h | $46K | $712K | 50x | as long as short |
| BloFin OP-USDT | +0.653% | −0.0016% | 8h | $1.0M | $585K | 75x | as long as short |
| Reya OPRUSDPERP | +0.710% | +0.0430% | 1h | $713 | — | 20x | as long as short |
| dYdX OP-USD | +0.756% | 0.0000% | 1h | $40K | $10 | 10x | as long as short |
| Aster OPUSDT | +0.814% | +0.0100% | 8h | $203K | $433K | 10x | as long as short |
| Extended OP-USD | +0.872% | −0.0136% | 1h | $102K | $214K | 25x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_OP_USDC | +0.873% | −0.0080% | 8h | $7K | $53K | 10x | as long as short |
| HTX OP-USDT | +0.889% | +0.0100% | 8h | $192K | $244K | 50x | as long as short |
| GMX OP/USD [OP-USDC] | +0.900% | L −0.1469% / S +0.0291% | 1h | $13K | — | 100x | as long as short |
| Bybit OPUSDT | +0.912% | +0.0013% | 8h | $18.1M | $27.3M | 75x | as long as short |
| Aevo OP-PERP | +0.912% | +0.0048% | 1h | $4K | — | 3x | as long as short |
| gTrade (Gains Network) OP/USD | +0.945% | L +0.0005% / S −0.0004% | 1h | $1K | — | 150x | as long as short |
| OKX OP-USDT-SWAP | +0.952% | +0.0063% | 8h | $6.1M | $32.7M | 50x | as long as short |
| Deribit OP_USDC-PERPETUAL | +0.952% | 0.0000% | 1h | $48K | $199K | 25x | as long as short |
| Binance OPUSDT | +0.974% | −0.0136% | 8h | $21.0M | $65.5M | 75x | as long as short |
| SoDEX OP-USD | +0.975% | +0.0100% | 1h | $173 | $5K | 5x | as long as short |
| BingX OP-USDT | +0.983% | +0.0100% | 8h | — | $6.5M | — | as long as short |
| MEXC OP_USDT | +0.991% | −0.0136% | 8h | $20.3M | $8.9M | 300x | as long as short |
| Backpack OP_USDC_PERP | +1.022% | +0.0100% | 1h | $134K | $166K | 10x | as long as short |
| Gate OP_USDT | +1.030% | +0.0100% | 8h | $1.8M | $1.7M | 50x | as long as short |
| KuCoin OPUSDTM | +1.030% | +0.0100% | 8h | $2.9M | $6.9M | 75x | as long as short |
| Bitget OPUSDTshort | +1.030% | +0.0100% | 8h | $6.0M | $6.1M | 75x | |
| Kraken Futures PF_OPUSD | +1.058% | +0.0141% | 1h | $793K | $660K | 20x | as long as short |
| Hyperliquid OP | +1.109% | +0.0100% | 1h | $4.1M | $3.1M | 5x | as long as short |
| Lighter OP | +1.132% | +0.0096% | 1h | $374K | $754K | 15x | as long as short |