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

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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 UTC0.0000%/8h
next payment, per $10,000+$0.00paid, last 24h0.000%paid, last 7 days−0.031%to open and close $10k−$70
Long on BingXShort on KuCoin
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX OP-USDT0.12310.0100pay 0.0100% / 8h6h 04m—$7.1M—
ShortKuCoin OPUSDTM0.12330.0100get 0.0100% / 8h6h 04m$2.9M$7.2M75x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
−$48.04
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$70.04
Break-even
never at this rate
Slippage from BingX: live order book, 10 min ago; KuCoin: live order book, 10 min ago.

Price risk

price view
Price gap now
+0.130%
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 BingX live order book, 10 min ago1.61 bp8.8 bp −$916.1 bp −$16149.2 bp −$4,921402.8 bp −$201.4K
Sell KuCoin live order book, 10 min ago4.03 bp24.5 bp −$2465.3 bp −$653doesn't fitdoesn't fit

OP on 29 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
GMX OP/USD [OP-USDC]L −0.1436% / S +0.0290%1h$13K—100xas long as short
Coinbase International OP-PERP-INTX−0.0344%1h$21K$69K50xas long as short
Variational Omni OP−0.0132%8h$226K$40K—as long as short
Bybit OPUSDT−0.0077%8h$17.8M$26.7M75xas long as short
Orderly PERP_OP_USDC−0.0057%8h$6K$54K10xas long as short
dYdX OP-USD0.0000%1h$38K$1010xas long as short
Deribit OP_USDC-PERPETUAL0.0000%1h$43K$188K25xas long as short
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0004%1h——150xas long as short
OKX OP-USDT-SWAP+0.0011%8h$5.7M$30.9M50xas long as short
Injective OP/USDC PERP+0.0033%1h$34K$139K12xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Gate OP_USDT+0.0044%8h$1.8M$1.5M50xas long as short
Binance OPUSDT+0.0051%8h$20.0M$66.8M75xas long as short
MEXC OP_USDT+0.0052%8h$19.5M$8.5M300xas long as short
Extended OP-USD+0.0056%1h$99K$206K25xas long as short
Lighter OP+0.0096%1h$264K$919K15xas long as short
Aevo OP-PERP+0.0096%1h$4K—3xas long as short
Hyperliquid OP+0.0100%1h$3.8M$3.2M5xas long as short
Aster OPUSDT+0.0100%8h$201K$266K10xas long as short
KuCoin OPUSDTMshort+0.0100%8h$2.9M$7.2M75x
Bitget OPUSDT+0.0100%8h$5.8M$6.4M75xas long as short
BingX OP-USDTlong+0.0100%8h—$7.1M—
Backpack OP_USDC_PERP+0.0100%1h$126K$200K10xas long as short
edgeX OPUSDC+0.0100%4h$9K$381K10xas long as short
ApeX Omni OPUSDT+0.0100%1h$44K$718K50xas long as short
SoDEX OP-USD+0.0100%1h$193$6K5xas long as short
HTX OP-USDT+0.0100%8h$174K$273K50xas long as short
BloFin OP-USDT+0.0173%8h$1.0M$341K75xas long as short
Reya OPRUSDPERP+0.0433%1h$683—20xas long as short
Kraken Futures PF_OPUSD+0.0620%1h$779K$740K20xas long as short