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

OP

all OP markets
SwapPrice view
Alert
Funding spread now, next payment 17:00 UTC−0.0124%/8h
paid, last 24h−0.035%paid, last 7 days−0.085%to open and close $10k−$61
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX OP-USDT0.12620.0100pay 0.0100% / 8h7h 21m$6.9M
ShortExtended OP-USD0.1262−0.0024pay 0.0003% / 1h21m 01s$101K$208K25x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$26.04
Slippage, 4 orders
−$45.61
Fee BingX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$86.65
Break-even
never at this rate
Slippage from BingX: live order book, 8 min ago; Extended: live order book, 23 min ago.

Price risk

price view
Price gap now
+0.005%
Avg gap 7d
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, 8 min ago0.39 bp10.2 bp −$1017.0 bp −$17067.3 bp −$6,729363.4 bp −$181.7K
Sell Extended live order book, 23 min ago11.82 bp21.0 bp −$21145.6 bp −$1,456doesn'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$13K100xas long as short
Bybit OPUSDT−0.0375%8h$17.9M$27.5M75xas long as short
Coinbase International OP-PERP-INTX−0.0304%1h$22K$85K50xas long as short
Variational Omni OP−0.0108%8h$235K$43Kas long as short
Orderly PERP_OP_USDC−0.0074%8h$6K$53K10xas long as short
Extended OP-USDshort−0.0024%1h$101K$208K25x
Binance OPUSDT−0.0020%8h$20.6M$68.7M75xas long as short
MEXC OP_USDT−0.0018%8h$20.2M$8.8M300xas long as short
dYdX OP-USD0.0000%1h$39K$1010xas long as short
Deribit OP_USDC-PERPETUAL0.0000%1h$47K$200K25xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0004%1h150xas long as short
OKX OP-USDT-SWAP+0.0028%8h$6.0M$33.1M50xas long as short
Injective OP/USDC PERP+0.0033%1h$25K$184K12xas long as short
Aevo OP-PERP+0.0080%1h$4K3xas long as short
Lighter OP+0.0096%1h$283K$900K15xas long as short
BloFin OP-USDT+0.0100%8h$1.0M$581K75xas long as short
Hyperliquid OP+0.0100%1h$3.9M$3.3M5xas long as short
Aster OPUSDT+0.0100%8h$213K$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$6.4M75xas long as short
BingX OP-USDTlong+0.0100%8h$6.9M
Backpack OP_USDC_PERP+0.0100%1h$136K$187K10xas long as short
edgeX OPUSDC+0.0100%4h$9K$378K10xas long as short
ApeX Omni OPUSDT+0.0100%1h$45K$712K50xas long as short
SoDEX OP-USD+0.0100%1h$180$6K5xas long as short
HTX OP-USDT+0.0100%8h$180K$270K50xas long as short
Reya OPRUSDPERP+0.0432%1h$70220xas long as short
Kraken Futures PF_OPUSD+0.0471%1h$784K$678K20xas long as short