data as of
Settings8H · net · $10k
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Funding spread now, next payment 15:00 UTC0.0000%/8h
paid, last 24h−0.002%paid, last 7 days−0.150%to open and close $10k−$241
Long on BackpackShort on BingX
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack OP_USDC_PERP0.12890.0100pay 0.0013% / 1h57m 29s$134K$161K10x
ShortBingX OP-USDC0.12870.0100get 0.0100% / 8h1h 57m—$1.6M—

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
−$220.92
Fee Backpack: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$240.92
Break-even
never at this rate
Slippage from Backpack: live order book, 62 min ago; BingX: live order book, 11 min ago.

Price risk

price view
Price gap now
−0.124%
Avg gap 7d
−0.011%
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 Backpack live order book, 62 min ago1.52 bp14.9 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 11 min ago7.73 bp105.3 bp −$105839.1 bp −$8,3911123.9 bp −$112.4Kdoesn'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$13K—100xas long as short
Deribit OP_USDC-PERPETUAL−0.0525%1h$40K$212K25xas long as short
Coinbase International OP-PERP-INTX−0.0328%1h$28K$87K50xas long as short
Extended OP-USD−0.0136%1h$103K$217K25xas long as short
Binance OPUSDT−0.0135%8h$20.9M$63.8M75xas long as short
MEXC OP_USDT−0.0133%8h$19.8M$8.6M300xas long as short
Orderly PERP_OP_USDC−0.0067%8h$7K$51K10xas long as short
Variational Omni OP−0.0060%8h$236K$39K—as long as short
BloFin OP-USDT−0.0015%8h$1.0M$585K75xas long as short
dYdX OP-USD0.0000%1h$40K$1010xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
gTrade (Gains Network) OP/USDL +0.0005% / S −0.0004%1h$1K—150xas long as short
Bybit OPUSDT+0.0011%8h$18.2M$26.8M75xas long as short
Injective OP/USDC PERP+0.0033%1h$25K$185K12xas long as short
Aevo OP-PERP+0.0048%1h$4K—3xas long as short
SoDEX OP-USD+0.0061%1h$173$5K5xas long as short
OKX OP-USDT-SWAP+0.0079%8h$6.3M$31.8M50xas long as short
Hyperliquid OP+0.0100%1h$4.1M$3.0M5xas long as short
Aster OPUSDT+0.0100%8h$203K$438K10xas long as short
Gate OP_USDT+0.0100%8h$1.8M$1.6M50xas long as short
KuCoin OPUSDTM+0.0100%8h$3.0M$6.6M75xas long as short
Bitget OPUSDT+0.0100%8h$6.0M$6.1M75xas long as short
BingX OP-USDCshort+0.0100%8h—$1.6M—
Backpack OP_USDC_PERPlong+0.0100%1h$134K$161K10x
edgeX OPUSDC+0.0100%4h$4K$407K10xas long as short
ApeX Omni OPUSDT+0.0100%1h$46K$704K50xas long as short
HTX OP-USDT+0.0100%8h$192K$228K50xas long as short
Kraken Futures PF_OPUSD+0.0140%1h$791K$661K20xas long as short
Reya OPRUSDPERP+0.0430%1h$716—20xas long as short
Lighter OP+0.0832%1h$371K$738K15xas long as short