data as of
Settings8H · net · $10k
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Funding spread now, next payment 17:00 UTC+0.0124%/8h
paid, last 24h+0.039%paid, last 7 days−0.055%to open and close $10k−$43
Long on BinanceShort on Hyperliquid
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance OPUSDT0.1272−0.0024get 0.0024% / 8h7h 31m$20.8M$69.2M75x
ShortHyperliquid OP0.12740.0100get 0.0013% / 1h31m 11s$4.0M$3.3M5x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$26.09
Slippage, 4 orders
−$24.17
Fee Binance: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$17.08
Break-even
11.6 days
Slippage from Binance: live order book, 13 min ago; Hyperliquid: live order book, 2 min ago.

Price risk

price view
Price gap now
+0.139%
Avg gap 7d
−0.018%
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 Binance live order book, 13 min ago0.39 bp11.0 bp −$1123.9 bp −$23999.2 bp −$9,917doesn't fit
Sell Hyperliquid live order book, 2 min ago1.97 bp10.2 bp −$1022.0 bp −$220doesn't fitdoesn't fit

OP on 29 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
GMX OP/USD [OP-USDC]L −0.1162% / S +0.0245%1h$13K—100xas long as short
Coinbase International OP-PERP-INTX−0.0304%1h$22K$91K50xas long as short
Bybit OPUSDT−0.0228%8h$18.0M$27.9M75xas long as short
Variational Omni OP−0.0095%8h$235K$46K—as long as short
Orderly PERP_OP_USDC−0.0075%8h$7K$53K10xas long as short
MEXC OP_USDT−0.0026%8h$20.4M$8.8M300xas long as short
Binance OPUSDTlong−0.0024%8h$20.8M$69.2M75x
Extended OP-USD−0.0024%1h$101K$212K25xas long as short
dYdX OP-USD0.0000%1h$39K$1010xas long as short
Deribit OP_USDC-PERPETUAL0.0000%1h$48K$200K25xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0004%1h——150xas long as short
Injective OP/USDC PERP+0.0033%1h$25K$184K12xas long as short
OKX OP-USDT-SWAP+0.0034%8h$6.0M$33.8M50xas long as short
Aevo OP-PERP+0.0072%1h$4K—3xas long as short
BloFin OP-USDT+0.0096%8h$1.0M$587K75xas long as short
Lighter OP+0.0096%1h$285K$863K15xas long as short
Hyperliquid OPshort+0.0100%1h$4.0M$3.3M5x
Aster OPUSDT+0.0100%8h$215K$465K10xas long as short
Gate OP_USDT+0.0100%8h$1.8M$1.6M50xas long as short
KuCoin OPUSDTM+0.0100%8h$2.9M$7.4M75xas long as short
Bitget OPUSDT+0.0100%8h$6.0M$6.5M75xas long as short
BingX OP-USDT+0.0100%8h—$6.9M—as long as short
Backpack OP_USDC_PERP+0.0100%1h$140K$187K10xas long as short
edgeX OPUSDC+0.0100%4h$9K$380K10xas long as short
ApeX Omni OPUSDT+0.0100%1h$45K$713K50xas long as short
SoDEX OP-USD+0.0100%1h$187$6K5xas long as short
HTX OP-USDT+0.0100%8h$182K$270K50xas long as short
Reya OPRUSDPERP+0.0432%1h$707—20xas long as short
Kraken Futures PF_OPUSD+0.0468%1h$790K$681K20xas long as short