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

OP

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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 00:00 UTC−0.0013%/8h
next payment, per $10,000−$0.13paid, last 24h−0.039%paid, last 7 days−0.073%to open and close $10k−$38
Long on BingXShort on Binance
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX OP-USDT0.12350.0100pay 0.0100% / 8h5h 36m—$6.5M—
ShortBinance OPUSDT0.12360.0087get 0.0087% / 8h5h 36m$19.6M$65.7M75x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$2.76
Slippage, 4 orders
−$18.31
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$41.07
Break-even
never at this rate
Slippage from BingX: live order book, 5 min ago; Binance: live order book, 8 min ago.

Price risk

price view
Price gap now
+0.105%
Avg gap 7d
+0.037%
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 BingX live order book, 5 min ago0.40 bp8.3 bp −$815.5 bp −$15588.9 bp −$8,892390.3 bp −$195.1K
Sell Binance live order book, 8 min ago0.40 bp10.4 bp −$1020.2 bp −$20297.9 bp −$9,789doesn't fit

OP on 29 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective OP/USDC PERP−0.1842%1h$34K$86K12xas long as short
GMX OP/USD [OP-USDC]L −0.1436% / S +0.0290%1h$13K—100xas long as short
Coinbase International OP-PERP-INTX−0.0336%1h$21K$69K50xas long as short
Variational Omni OP−0.0112%8h$225K$41K—as long as short
Orderly PERP_OP_USDC−0.0043%8h$6K$54K10xas long as short
dYdX OP-USD0.0000%1h$38K$1010xas long as short
Deribit OP_USDC-PERPETUAL0.0000%1h$43K$186K25xas long as short
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0004%1h——150xas long as short
Bybit OPUSDT+0.0008%8h$18.1M$26.7M75xas long as short
OKX OP-USDT-SWAP+0.0018%8h$5.6M$30.5M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Gate OP_USDT+0.0055%8h$1.8M$1.5M50xas long as short
MEXC OP_USDT+0.0086%8h$19.5M$7.4M300xas long as short
Binance OPUSDTshort+0.0087%8h$19.6M$65.7M75x
Extended OP-USD+0.0088%1h$99K$206K25xas long as short
Lighter OP+0.0096%1h$266K$905K15xas long as short
Hyperliquid OP+0.0100%1h$3.8M$3.1M5xas long as short
Aster OPUSDT+0.0100%8h$212K$268K10xas long as short
KuCoin OPUSDTM+0.0100%8h$2.9M$7.4M75xas long as short
Bitget OPUSDT+0.0100%8h$6.0M$6.2M75xas long as short
BingX OP-USDTlong+0.0100%8h—$6.5M—
Backpack OP_USDC_PERP+0.0100%1h$127K$199K10xas long as short
edgeX OPUSDC+0.0100%4h$9K$378K10xas long as short
ApeX Omni OPUSDT+0.0100%1h$44K$719K50xas long as short
SoDEX OP-USD+0.0100%1h$201$6K5xas long as short
HTX OP-USDT+0.0100%8h$176K$261K50xas long as short
Aevo OP-PERP+0.0104%1h$4K—3xas long as short
BloFin OP-USDT+0.0206%8h$983K$314K75xas long as short
Reya OPRUSDPERP+0.0433%1h$687—20xas long as short
Kraken Futures PF_OPUSD+0.0544%1h$768K$788K20xas long as short