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+0.0109%/8h
next payment, per $10,000+$1.09paid, last 24h−0.010%paid, last 7 days+0.170%to open and close $10k−$55
Long on BitgetShort on BloFin
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget OPUSDT0.12390.0100pay 0.0100% / 8h5h 30m$6.0M$6.2M75x
ShortBloFin OP-USDT0.12390.0209get 0.0209% / 8h5h 30m$986K$315K75x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$22.85
Slippage, 4 orders
−$31.01
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$32.16
Break-even
16.9 days
Slippage from Bitget: live order book, 4 min ago; BloFin: live order book, 8 min ago.

Price risk

price view
Price gap now
−0.016%
Avg gap 7d
+0.016%
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 Bitget live order book, 4 min ago4.04 bp16.4 bp −$1621.3 bp −$213100.7 bp −$10.1Kdoesn't fit
Sell BloFin live order book, 8 min ago1.21 bp13.5 bp −$1318.1 bp −$18163.9 bp −$6,392doesn'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 −0.1162% / S +0.0245%1h$13K—100xas long as short
Coinbase International OP-PERP-INTX−0.0336%1h$21K$69K50xas long as short
Variational Omni OP−0.0113%8h$224K$41K—as long as short
Orderly PERP_OP_USDC−0.0042%8h$6K$54K10xas long as short
dYdX OP-USD0.0000%1h$38K$1010xas long as short
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0004%1h——150xas long as short
OKX OP-USDT-SWAP+0.0023%8h$5.7M$30.5M50xas long as short
Bybit OPUSDT+0.0032%8h$18.2M$26.7M75xas long as short
Gate OP_USDT+0.0050%8h$1.8M$1.5M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Extended OP-USD+0.0088%1h$99K$206K25xas long as short
MEXC OP_USDT+0.0088%8h$19.5M$7.4M300xas long as short
Binance OPUSDT+0.0089%8h$19.6M$65.5M75xas long as short
Lighter OP+0.0096%1h$267K$907K15xas 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$3.0M$7.4M75xas long as short
Bitget OPUSDTlong+0.0100%8h$6.0M$6.2M75x
BingX OP-USDT+0.0100%8h—$6.5M—as long as short
Backpack OP_USDC_PERP+0.0100%1h$127K$199K10xas long as short
edgeX OPUSDC+0.0100%4h$10K$379K10xas long as short
ApeX Omni OPUSDT+0.0100%1h$44K$719K50xas long as short
SoDEX OP-USD+0.0100%1h$196$6K5xas long as short
HTX OP-USDT+0.0100%8h$176K$260K50xas long as short
Aevo OP-PERP+0.0104%1h$4K—3xas long as short
BloFin OP-USDTshort+0.0209%8h$986K$315K75x
Reya OPRUSDPERP+0.0433%1h$688—20xas long as short
Kraken Futures PF_OPUSD+0.0544%1h$769K$788K20xas long as short
Deribit OP_USDC-PERPETUAL+0.0558%1h$43K$186K25xas long as short