data as of
Settings8H · net · $10k
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Funding arb /

OP

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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding spread now, next payment 18:00 UTC−0.0100%/8h
next payment, per $10,000−$0.13paid, last 24h−0.093%paid, last 5 days−0.257%to open and close $10k−$69
Long on ApeX OmniShort on Deribit
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni OPUSDT0.12420.0100pay 0.0013% / 1h13m 20s$45K$718K50x
ShortDeribit OP_USDC-PERPETUAL0.12420get 0.0000% / 1h13m 20s$44K$202K25x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$21
Slippage, 4 orders
−$52.28
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$90.28
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 27 min ago; Deribit: live order book, 7 min ago.

Price risk

price view
Price gap now
0.000%
Avg gap 7d
−0.037%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 27 min ago12.09 bp20.6 bp −$21110.3 bp −$1,103doesn't fitdoesn't fit
Sell Deribit live order book, 7 min ago4.02 bp7.5 bp −$8doesn't fitdoesn't fitdoesn't fit

OP on 29 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
GMX OP/USD [OP-USDC]L −0.1711% / S +0.0335%1h$13K—100xas long as short
Coinbase International OP-PERP-INTX−0.0344%1h$21K$70K50xas long as short
Variational Omni OP−0.0129%8h$227K$40K—as long as short
Bybit OPUSDT−0.0097%8h$17.5M$25.6M75xas long as short
Orderly PERP_OP_USDC−0.0059%8h$6K$54K10xas long as short
dYdX OP-USD0.0000%1h$38K$1010xas long as short
Deribit OP_USDC-PERPETUALshort0.0000%1h$44K$202K25x
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0004%1h——150xas long as short
Gate OP_USDT+0.0011%8h$1.8M$1.5M50xas long as short
OKX OP-USDT-SWAP+0.0016%8h$5.8M$30.5M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective OP/USDC PERP+0.0033%1h$25K$134K12xas long as short
MEXC OP_USDT+0.0044%8h$19.9M$8.3M300xas long as short
Binance OPUSDT+0.0046%8h$20.2M$64.2M75xas long as short
Extended OP-USD+0.0048%1h$99K$206K25xas long as short
Aevo OP-PERP+0.0088%1h$4K—3xas long as short
Lighter OP+0.0096%1h$267K$917K15xas long as short
Hyperliquid OP+0.0100%1h$3.9M$3.2M5xas long as short
Aster OPUSDT+0.0100%8h$201K$254K10xas long as short
KuCoin OPUSDTM+0.0100%8h$2.9M$7.2M75xas long as short
Bitget OPUSDT+0.0100%8h$5.8M$5.9M75xas long as short
BingX OP-USDT+0.0100%8h—$7.0M—as long as short
Backpack OP_USDC_PERP+0.0100%1h$127K$199K10xas long as short
edgeX OPUSDC+0.0100%4h$9K$382K10xas long as short
ApeX Omni OPUSDTlong+0.0100%1h$45K$718K50x
SoDEX OP-USD+0.0100%1h$186$6K5xas long as short
HTX OP-USDT+0.0100%8h$176K$265K50xas long as short
BloFin OP-USDT+0.0162%8h$1.0M$338K75xas long as short
Reya OPRUSDPERP+0.0433%1h$690—20xas long as short
Kraken Futures PF_OPUSD+0.0617%1h$771K$674K20xas long as short