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

OP

all OP markets
SwapPrice view
Alert
Funding spread now, next payment 18:00 UTC−0.0012%/8h
paid, last 24h−0.007%paid, last 5 days−0.013%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster OPUSDT0.12510.0100pay 0.0100% / 8h6h 34m$207K$242K10x
ShortAevo OP-PERP0.12490.0088get 0.0011% / 1h34m 38s$4K3x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$2.52
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$26.52
Break-even
never at this rate
Slippage unknown: Aster: live order book, 4 min ago; Aevo: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
−0.117%
Avg gap 7d
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 Aster live order book, 4 min ago6.42 bp15.5 bp −$16doesn't fitdoesn't fitdoesn't fit
Sell Aevo no order-book sample
Aevo: 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 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$13K100xas long as short
Coinbase International OP-PERP-INTX−0.0344%1h$21K$74K50xas long as short
Variational Omni OP−0.0126%8h$227K$45Kas long as short
Bybit OPUSDT−0.0067%8h$17.8M$26.2M75xas long as short
Orderly PERP_OP_USDC−0.0067%8h$6K$53K10xas long as short
dYdX OP-USD0.0000%1h$39K$1010xas long as short
Deribit OP_USDC-PERPETUAL0.0000%1h$47K$200K25xas long as short
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0004%1h150xas long as short
MEXC OP_USDT+0.0012%8h$19.8M$8.3M300xas long as short
OKX OP-USDT-SWAP+0.0013%8h$5.8M$31.8M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Extended OP-USD+0.0016%1h$100K$207K25xas long as short
Binance OPUSDT+0.0017%8h$20.2M$65.9M75xas long as short
Injective OP/USDC PERP+0.0033%1h$25K$134K12xas long as short
BloFin OP-USDT+0.0052%8h$1.0M$365K75xas long as short
Aevo OP-PERPshort+0.0088%1h$4K3x
Lighter OP+0.0096%1h$267K$914K15xas long as short
Hyperliquid OP+0.0100%1h$3.9M$3.2M5xas long as short
Aster OPUSDTlong+0.0100%8h$207K$242K10x
Gate OP_USDT+0.0100%8h$1.8M$1.4M50xas long as short
KuCoin OPUSDTM+0.0100%8h$2.9M$7.3M75xas long as short
Bitget OPUSDT+0.0100%8h$5.9M$6.2M75xas long as short
BingX OP-USDT+0.0100%8h$7.0Mas long as short
Backpack OP_USDC_PERP+0.0100%1h$134K$188K10xas long as short
edgeX OPUSDC+0.0100%4h$9K$381K10xas long as short
ApeX Omni OPUSDT+0.0100%1h$45K$720K50xas long as short
SoDEX OP-USD+0.0100%1h$191$6K5xas long as short
HTX OP-USDT+0.0100%8h$176K$268K50xas long as short
Reya OPRUSDPERP+0.0432%1h$69520xas long as short
Kraken Futures PF_OPUSD+0.0613%1h$777K$676K20xas long as short