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

OP

all OP markets
SwapPrice view
Alert
Funding spread now, next payment 16:00 UTC−0.0004%/8h
paid, last 24h−0.001%paid, last 7 days+0.007%to open and close $10k−$243
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX OP-USDC0.12750.0100pay 0.0100% / 8h46m 31s$1.6M
ShortLighter OP0.12760.0096get 0.0012% / 1h46m 31s$299K$829K15x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$0.84
Slippage, 4 orders
−$233.34
Fee BingX: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$244.18
Break-even
never at this rate
Slippage from BingX: live order book, 7 min ago; Lighter: live order book, 61 min ago.

Price risk

price view
Price gap now
+0.102%
Avg gap 7d
+0.040%
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, 7 min ago11.79 bp105.4 bp −$105837.4 bp −$8,3741141.5 bp −$114.1Kdoesn't fit
Sell Lighter live order book, 61 min ago5.12 bp6.5 bp −$735.5 bp −$355doesn't fitdoesn't fit

OP on 29 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
GMX OP/USD [OP-USDC]L −0.1469% / S +0.0291%1h$13K100xas long as short
Coinbase International OP-PERP-INTX−0.0296%1h$28K$85K50xas long as short
Binance OPUSDT−0.0128%8h$20.9M$66.1M75xas long as short
Extended OP-USD−0.0128%1h$102K$214K25xas long as short
MEXC OP_USDT−0.0128%8h$20.2M$8.5M300xas long as short
Orderly PERP_OP_USDC−0.0082%8h$7K$52K10xas long as short
Variational Omni OP−0.0065%8h$235K$45Kas long as short
BloFin OP-USDT−0.0009%8h$1.0M$585K75xas long as short
dYdX OP-USD0.0000%1h$39K$1010xas long as short
Deribit OP_USDC-PERPETUAL0.0000%1h$49K$199K25xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
gTrade (Gains Network) OP/USDL +0.0005% / S −0.0004%1h$1K150xas long as short
Bybit OPUSDT+0.0018%8h$17.9M$27.4M75xas long as short
OKX OP-USDT-SWAP+0.0047%8h$6.1M$32.7M50xas long as short
Aevo OP-PERP+0.0048%1h$4K3xas long as short
Lighter OPshort+0.0096%1h$299K$829K15x
Hyperliquid OP+0.0100%1h$4.1M$3.1M5xas long as short
Aster OPUSDT+0.0100%8h$201K$441K10xas long as short
Gate OP_USDT+0.0100%8h$1.8M$1.7M50xas long as short
KuCoin OPUSDTM+0.0100%8h$2.8M$7.0M75xas long as short
Bitget OPUSDT+0.0100%8h$5.9M$6.2M75xas long as short
BingX OP-USDClong+0.0100%8h$1.6M
Backpack OP_USDC_PERP+0.0100%1h$133K$168K10xas long as short
edgeX OPUSDC+0.0100%4h$9K$379K10xas long as short
ApeX Omni OPUSDT+0.0100%1h$46K$714K50xas long as short
SoDEX OP-USD+0.0100%1h$181$5K5xas long as short
HTX OP-USDT+0.0100%8h$191K$247K50xas long as short
Kraken Futures PF_OPUSD+0.0240%1h$786K$658K20xas long as short
Injective OP/USDC PERP+0.0248%1h$25K$184K12xas long as short
Reya OPRUSDPERP+0.0431%1h$70820xas long as short