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 UTC0.0000%/8h
next payment, per $10,000+$0.00paid, last 24h−0.031%paid, last 7 days−0.144%to open and close $10k−$103
Long on BitgetShort on Gate
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget OPUSDT0.12700.0100pay 0.0100% / 8h7h 31m$6.0M$6.5M75x
ShortGate OP_USDT0.12670.0100get 0.0100% / 8h7h 31m$1.8M$1.6M50x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
−$75.77
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$102.77
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; Gate: live order book, 2 min ago.

Price risk

price view
Price gap now
−0.228%
Avg gap 7d
+0.004%
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, 3 min ago3.95 bp13.1 bp −$1320.5 bp −$205105.3 bp −$10.5Kdoesn't fit
Sell Gate live order book, 2 min ago6.32 bp34.7 bp −$3593.7 bp −$937doesn'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$13K—100xas long as short
Coinbase International OP-PERP-INTX−0.0304%1h$22K$91K50xas long as short
Bybit OPUSDT−0.0253%8h$17.9M$28.0M75xas long as short
Variational Omni OP−0.0095%8h$235K$46K—as long as short
Orderly PERP_OP_USDC−0.0075%8h$6K$53K10xas long as short
MEXC OP_USDT−0.0028%8h$20.3M$8.8M300xas long as short
Binance OPUSDT−0.0027%8h$20.8M$69.3M75xas long as short
Extended OP-USD−0.0024%1h$101K$212K25xas 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%1h——150xas long as short
Injective OP/USDC PERP+0.0033%1h$25K$184K12xas long as short
OKX OP-USDT-SWAP+0.0034%8h$6.0M$33.7M50xas long as short
Aevo OP-PERP+0.0072%1h$4K—3xas long as short
BloFin OP-USDT+0.0091%8h$1.0M$584K75xas long as short
Lighter OP+0.0096%1h$284K$863K15xas long as short
Hyperliquid OP+0.0100%1h$4.0M$3.3M5xas long as short
Aster OPUSDT+0.0100%8h$214K$465K10xas long as short
Gate OP_USDTshort+0.0100%8h$1.8M$1.6M50x
KuCoin OPUSDTM+0.0100%8h$2.9M$7.4M75xas long as short
Bitget OPUSDTlong+0.0100%8h$6.0M$6.5M75x
BingX OP-USDC+0.0100%8h—$1.6M—as long as short
Backpack OP_USDC_PERP+0.0100%1h$140K$187K10xas long as short
edgeX OPUSDC+0.0100%4h$9K$380K10xas long as short
ApeX Omni OPUSDT+0.0100%1h$46K$712K50xas long as short
SoDEX OP-USD+0.0100%1h$187$6K5xas long as short
HTX OP-USDT+0.0100%8h$181K$270K50xas long as short
Reya OPRUSDPERP+0.0432%1h$705—20xas long as short
Kraken Futures PF_OPUSD+0.0469%1h$788K$681K20xas long as short