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 16:00 UTC−0.0085%/8h
next payment, per $10,000−$0.85paid, last 24h+0.008%paid, last 7 days+0.149%to open and close $10k−$37
Long on BingXShort on BloFin
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX OP-USDT0.12980.0100pay 0.0100% / 8h2h 35m—$6.2M—
ShortBloFin OP-USDT0.12980.0015get 0.0015% / 8h2h 35m$1.1M$573K75x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$17.79
Slippage, 4 orders
−$15.16
Fee BingX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$54.95
Break-even
never at this rate
Slippage from BingX: live order book, 6 min ago; BloFin: live order book, 3 min ago.

Price risk

price view
Price gap now
+0.023%
Avg gap 7d
+0.045%
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, 6 min ago0.38 bp8.3 bp −$814.3 bp −$14358.5 bp −$5,846397.1 bp −$198.5K
Sell BloFin live order book, 3 min ago0.38 bp12.9 bp −$1325.4 bp −$25471.1 bp −$7,111doesn'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$14K—100xas long as short
Coinbase International OP-PERP-INTX−0.0416%1h$28K$97K50xas long as short
Binance OPUSDT−0.0106%8h$21.2M$61.5M75xas long as short
Extended OP-USD−0.0104%1h$105K$208K25xas long as short
MEXC OP_USDT−0.0104%8h$20.1M$8.6M300xas long as short
Orderly PERP_OP_USDC−0.0054%8h$7K$51K10xas long as short
Variational Omni OP−0.0054%8h$235K$36K—as long as short
dYdX OP-USD0.0000%1h$40K$1010xas long as short
Deribit OP_USDC-PERPETUAL0.0000%1h$44K$188K25xas long as short
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0004%1h——150xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
BloFin OP-USDTshort+0.0015%8h$1.1M$573K75x
Bybit OPUSDT+0.0016%8h$18.2M$26.2M75xas long as short
Injective OP/USDC PERP+0.0033%1h$25K$185K12xas long as short
Aevo OP-PERP+0.0056%1h$4K—3xas long as short
OKX OP-USDT-SWAP+0.0067%8h$6.2M$31.2M50xas long as short
Lighter OP+0.0096%1h$299K$333K15xas long as short
Aster OPUSDT+0.0100%8h$201K$418K10xas long as short
Gate OP_USDT+0.0100%8h$1.8M$1.7M50xas long as short
KuCoin OPUSDTM+0.0100%8h$2.9M$6.4M75xas long as short
Bitget OPUSDT+0.0100%8h$6.1M$5.7M75xas long as short
BingX OP-USDTlong+0.0100%8h—$6.2M—
Backpack OP_USDC_PERP+0.0100%1h$136K$152K10xas long as short
edgeX OPUSDC+0.0100%4h$4K$407K10xas long as short
ApeX Omni OPUSDT+0.0100%1h$47K$703K50xas long as short
SoDEX OP-USD+0.0100%1h$178$5K5xas long as short
HTX OP-USDT+0.0100%8h$190K$211K50xas long as short
Hyperliquid OP+0.0184%1h$4.2M$2.9M5xas long as short
Kraken Futures PF_OPUSD+0.0231%1h$798K$645K20xas long as short
Reya OPRUSDPERP+0.0429%1h$721—20xas long as short