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 19:00 UTC−0.0004%/8h
next payment, per $10,000−$0.01paid, last 24h−0.001%paid, last 7 days−0.017%to open and close $10k−$71
Long on ApeX OmniShort on Lighter
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni OPUSDT0.12350.0100pay 0.0013% / 1h12m 40s$44K$719K50x
ShortLighter OP0.12340.0096get 0.0012% / 1h12m 40s$266K$907K15x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$0.84
Slippage, 4 orders
−$61.1
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$71.94
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 23 min ago; Lighter: live order book, 15 min ago.

Price risk

price view
Price gap now
−0.073%
Avg gap 7d
−0.015%
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, 23 min ago8.10 bp18.5 bp −$19115.6 bp −$1,156doesn't fitdoesn't fit
Sell Lighter live order book, 15 min ago5.67 bp21.7 bp −$2244.6 bp −$446doesn't fitdoesn't fit

OP on 29 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective OP/USDC PERP−0.1842%1h$34K$86K12xas long as short
GMX OP/USD [OP-USDC]L −0.1162% / S +0.0245%1h$13K—100xas long as short
Coinbase International OP-PERP-INTX−0.0336%1h$21K$68K50xas long as short
Variational Omni OP−0.0087%8h$224K$41K—as long as short
Orderly PERP_OP_USDC−0.0032%8h$6K$53K10xas long as short
dYdX OP-USD0.0000%1h$38K$43710xas long as short
Deribit OP_USDC-PERPETUAL0.0000%1h$43K$185K25xas long as short
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0004%1h——150xas long as short
OKX OP-USDT-SWAP+0.0043%8h$5.6M$30.1M50xas long as short
Gate OP_USDT+0.0060%8h$1.8M$1.5M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bybit OPUSDT+0.0088%8h$17.9M$26.5M75xas long as short
Lighter OPshort+0.0096%1h$266K$907K15x
Hyperliquid OP+0.0100%1h$3.8M$3.1M5xas long as short
Aster OPUSDT+0.0100%8h$211K$268K10xas long as short
Binance OPUSDT+0.0100%8h$19.5M$65.0M75xas long as short
MEXC OP_USDT+0.0100%8h$19.4M$7.4M300xas long as short
KuCoin OPUSDTM+0.0100%8h$2.9M$7.4M75xas long as short
Bitget OPUSDT+0.0100%8h$6.0M$6.2M75xas long as short
BingX OP-USDC+0.0100%8h—$1.6M—as long as short
Backpack OP_USDC_PERP+0.0100%1h$127K$197K10xas long as short
edgeX OPUSDC+0.0100%4h$9K$381K10xas long as short
ApeX Omni OPUSDTlong+0.0100%1h$44K$719K50x
SoDEX OP-USD+0.0100%1h$180$6K5xas long as short
HTX OP-USDT+0.0100%8h$176K$259K50xas long as short
Extended OP-USD+0.0104%1h$99K$206K25xas long as short
Aevo OP-PERP+0.0104%1h$4K—3xas long as short
BloFin OP-USDT+0.0220%8h$974K$305K75xas long as short
Reya OPRUSDPERP+0.0434%1h$687—20xas long as short
Kraken Futures PF_OPUSD+0.0545%1h$768K$770K20xas long as short