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

OP

all OP markets
SwapPrice view
Alert
Measured
My alerts

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 16:00 UTC−0.0071%/8h
next payment, per $10,000−$0.71paid, last 24h0.000%paid, last 5 days−0.011%to open and close $10k−$59
Long on AsterShort on Bybit
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster OPUSDT0.12560.0100pay 0.0100% / 8h16m 10s$212K$468K10x
ShortBybit OPUSDT0.12530.0029get 0.0029% / 8h16m 10s$17.7M$28.2M75x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$14.81
Slippage, 4 orders
−$40.22
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$74.03
Break-even
never at this rate
Slippage from Aster: live order book, 33 min ago; Bybit: live order book, 4 min ago.

Price risk

price view
Price gap now
−0.196%
Avg gap 7d
−0.078%
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, 33 min ago7.06 bp18.3 bp −$18doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago0.40 bp10.1 bp −$1024.9 bp −$249172.7 bp −$17.3Kdoesn't fit

OP on 29 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
GMX OP/USD [OP-USDC]L −0.1440% / S +0.0291%1h$13K—100xas long as short
Coinbase International OP-PERP-INTX−0.0296%1h$22K$91K50xas long as short
Extended OP-USD−0.0104%1h$100K$213K25xas long as short
MEXC OP_USDT−0.0102%8h$19.9M$8.8M300xas long as short
Binance OPUSDT−0.0100%8h$20.8M$69.3M75xas long as short
Orderly PERP_OP_USDC−0.0077%8h$7K$54K10xas long as short
Variational Omni OP−0.0063%8h$231K$46K—as 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%1h$1K—150xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
BloFin OP-USDT+0.0018%8h$1.1M$581K75xas long as short
Bybit OPUSDTshort+0.0029%8h$17.7M$28.2M75x
OKX OP-USDT-SWAP+0.0035%8h$5.9M$33.2M50xas long as short
Aevo OP-PERP+0.0056%1h$4K—3xas long as short
Lighter OP+0.0096%1h$294K$836K15xas long as short
Hyperliquid OP+0.0100%1h$3.9M$3.3M5xas long as short
Aster OPUSDTlong+0.0100%8h$212K$468K10x
Gate OP_USDT+0.0100%8h$1.8M$1.8M50xas long as short
KuCoin OPUSDTM+0.0100%8h$2.8M$7.3M75xas long as short
Bitget OPUSDT+0.0100%8h$5.9M$6.5M75xas long as short
BingX OP-USDT+0.0100%8h—$7.0M—as long as short
Backpack OP_USDC_PERP+0.0100%1h$132K$180K10xas long as short
edgeX OPUSDC+0.0100%4h$9K$380K10xas long as short
ApeX Omni OPUSDT+0.0100%1h$45K$715K50xas long as short
SoDEX OP-USD+0.0100%1h$181$5K5xas long as short
HTX OP-USDT+0.0100%8h$180K$277K50xas long as short
Kraken Futures PF_OPUSD+0.0243%1h$778K$673K20xas long as short
Injective OP/USDC PERP+0.0248%1h$25K$184K12xas long as short
Reya OPRUSDPERP+0.0431%1h$698—20xas long as short