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

OP

all OP markets
SwapPrice view
Alert
Funding spread now, next payment 15:00 UTC−0.0100%/8h
paid, last 24h−0.093%paid, last 5 days−0.184%to open and close $10k−$101
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster OPUSDT0.12650.0100pay 0.0100% / 8h1h 51m$199K$434K10x
ShortDeribit OP_USDC-PERPETUAL0.12690get 0.0000% / 1h51m 33s$48K$220K25x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$21
Slippage, 4 orders
−$86.47
Fee Aster: 4 bp × 2 orders
−$8
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$122.47
Break-even
never at this rate
Slippage from Aster: live order book, 2 min ago; Deribit: live order book, 49 min ago.

Price risk

price view
Price gap now
+0.341%
Avg gap 7d
−0.027%
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, 2 min ago6.74 bp22.7 bp −$23doesn't fitdoesn't fitdoesn't fit
Sell Deribit live order book, 49 min ago7.70 bp11.2 bp −$11doesn'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 −0.1208% / S +0.0249%1h$13K100xas long as short
Coinbase International OP-PERP-INTX−0.0328%1h$27K$85K50xas long as short
Binance OPUSDT−0.0154%8h$20.5M$64.6M75xas long as short
MEXC OP_USDT−0.0147%8h$19.6M$8.7M300xas long as short
Extended OP-USD−0.0144%1h$101K$217K25xas long as short
SoDEX OP-USD−0.0102%1h$163$5K5xas long as short
Orderly PERP_OP_USDC−0.0072%8h$6K$53K10xas long as short
Variational Omni OP−0.0057%8h$235K$39Kas long as short
BloFin OP-USDT−0.0028%8h$1.0M$574K75xas long as short
dYdX OP-USD0.0000%1h$39K$1010xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Deribit OP_USDC-PERPETUALshort0.0000%1h$48K$220K25x
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0001%1h$2K150xas long as short
Bybit OPUSDT+0.0016%8h$17.8M$27.1M75xas long as short
Injective OP/USDC PERP+0.0033%1h$25K$185K12xas long as short
Aevo OP-PERP+0.0048%1h$4K3xas long as short
OKX OP-USDT-SWAP+0.0076%8h$6.0M$32.1M50xas long as short
Lighter OP+0.0096%1h$365K$740K15xas long as short
Hyperliquid OP+0.0100%1h$4.0M$3.1M5xas long as short
Aster OPUSDTlong+0.0100%8h$199K$434K10x
Gate OP_USDT+0.0100%8h$1.8M$1.7M50xas long as short
KuCoin OPUSDTM+0.0100%8h$2.9M$6.7M75xas long as short
Bitget OPUSDT+0.0100%8h$5.9M$6.1M75xas long as short
BingX OP-USDC+0.0100%8h$1.6Mas long as short
Backpack OP_USDC_PERP+0.0100%1h$131K$165K10xas long as short
edgeX OPUSDC+0.0100%4h$4K$409K10xas long as short
ApeX Omni OPUSDT+0.0100%1h$46K$703K50xas long as short
HTX OP-USDT+0.0100%8h$188K$233K50xas long as short
Kraken Futures PF_OPUSD+0.0143%1h$782K$662K20xas long as short
Reya OPRUSDPERP+0.0430%1h$70420xas long as short