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−0.0081%/8h
paid, last 24h−0.052%paid, last 7 days−0.093%to open and close $10k−$67
Long on ApeX OmniShort on OKX
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni OPUSDT0.12380.0100pay 0.0013% / 1h52m 06s$44K$718K50x
ShortOKX OP-USDT-SWAP0.12440.0019get 0.0019% / 8h5h 52m$5.7M$31.2M50x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$17.04
Slippage, 4 orders
−$47.29
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$84.33
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 48 min ago; OKX: live order book, 3 min ago.

Price risk

price view
Price gap now
+0.485%
Avg gap 7d
−0.091%
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, 48 min ago12.09 bp20.6 bp −$21110.3 bp −$1,103doesn't fitdoesn't fit
Sell OKX live order book, 3 min ago0.40 bp10.7 bp −$1130.2 bp −$302doesn'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 −0.1436% / S +0.0290%1h$13K—100xas long as short
Coinbase International OP-PERP-INTX−0.0336%1h$21K$70K50xas long as short
Variational Omni OP−0.0120%8h$224K$42K—as long as short
Orderly PERP_OP_USDC−0.0052%8h$6K$54K10xas long as short
dYdX OP-USD0.0000%1h$38K$1010xas long as short
Deribit OP_USDC-PERPETUAL0.0000%1h$43K$187K25xas long as short
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0004%1h——150xas long as short
Bybit OPUSDT+0.0014%8h$18.1M$26.7M75xas long as short
OKX OP-USDT-SWAPshort+0.0019%8h$5.7M$31.2M50x
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
MEXC OP_USDT+0.0069%8h$19.7M$7.3M300xas long as short
Extended OP-USD+0.0072%1h$99K$206K25xas long as short
Binance OPUSDT+0.0072%8h$19.8M$66.4M75xas long as short
Gate OP_USDT+0.0075%8h$1.8M$1.4M50xas long as short
Lighter OP+0.0096%1h$268K$904K15xas long as short
Aevo OP-PERP+0.0096%1h$4K—3xas long as short
Hyperliquid OP+0.0100%1h$3.9M$3.2M5xas long as short
Aster OPUSDT+0.0100%8h$212K$268K10xas long as short
KuCoin OPUSDTM+0.0100%8h$2.9M$7.5M75xas long as short
Bitget OPUSDT+0.0100%8h$5.9M$6.3M75xas long as short
BingX OP-USDC+0.0100%8h—$1.6M—as long as short
Backpack OP_USDC_PERP+0.0100%1h$128K$200K10xas long as short
edgeX OPUSDC+0.0100%4h$9K$378K10xas long as short
ApeX Omni OPUSDTlong+0.0100%1h$44K$718K50x
SoDEX OP-USD+0.0100%1h$206$6K5xas long as short
HTX OP-USDT+0.0100%8h$177K$273K50xas long as short
BloFin OP-USDT+0.0190%8h$1.0M$321K75xas long as short
Reya OPRUSDPERP+0.0433%1h$692—20xas long as short
Kraken Futures PF_OPUSD+0.0541%1h$772K$784K20xas long as short