OP

Alert

Funding spread now, next payment 16:00 UTC+0.0057%/8h

paid, last 24h−0.014%paid, last 5 days−0.196%to open and closeno order book

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin OP-USDT	0.1264	−0.0009	get 0.0009% / 8h	42m 20s	$1.0M	$580K	75x
Short	Aevo OP-PERP	0.1267	0.0048	get 0.0006% / 1h	42m 20s	$4K	—	3x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee AevobpOrdersRate

Funding earned: $12.07
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$15.93
Break-even: 16.2 days

Slippage unknown: BloFin: live order book, 1 min ago; Aevo: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: +0.195%
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 days Backtest 30 days Backtest 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BloFin live order book, 1 min ago	0.40 bp	14.2 bp −$14	28.4 bp −$284	67.6 bp −$6,761	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

OP on 29 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
GMX OP/USD [OP-USDC]	L −0.1469% / S +0.0291%	1h	$13K	—	100x	as long as short
Deribit OP_USDC-PERPETUAL	−0.0539%	1h	$47K	$200K	25x	as long as short
Coinbase International OP-PERP-INTX	−0.0296%	1h	$27K	$85K	50x	as long as short
MEXC OP_USDT	−0.0129%	8h	$20.3M	$8.6M	300x	as long as short
Binance OPUSDT	−0.0128%	8h	$20.9M	$66.4M	75x	as long as short
Extended OP-USD	−0.0128%	1h	$101K	$214K	25x	as long as short
Orderly PERP_OP_USDC	−0.0079%	8h	$7K	$53K	10x	as long as short
Variational Omni OP	−0.0066%	8h	$235K	$45K	—	as long as short
BloFin OP-USDTlong	−0.0009%	8h	$1.0M	$580K	75x
dYdX OP-USD	0.0000%	1h	$39K	$10	10x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
gTrade (Gains Network) OP/USD	L +0.0005% / S −0.0004%	1h	$1K	—	150x	as long as short
Bybit OPUSDT	+0.0016%	8h	$17.8M	$27.5M	75x	as long as short
OKX OP-USDT-SWAP	+0.0039%	8h	$6.0M	$32.6M	50x	as long as short
Aevo OP-PERPshort	+0.0048%	1h	$4K	—	3x
Lighter OP	+0.0096%	1h	$296K	$829K	15x	as long as short
Hyperliquid OP	+0.0100%	1h	$4.0M	$3.1M	5x	as long as short
Aster OPUSDT	+0.0100%	8h	$200K	$453K	10x	as long as short
Gate OP_USDT	+0.0100%	8h	$1.8M	$1.7M	50x	as long as short
KuCoin OPUSDTM	+0.0100%	8h	$2.8M	$7.0M	75x	as long as short
Bitget OPUSDT	+0.0100%	8h	$5.9M	$6.2M	75x	as long as short
BingX OP-USDT	+0.0100%	8h	—	$6.7M	—	as long as short
Backpack OP_USDC_PERP	+0.0100%	1h	$132K	$168K	10x	as long as short
edgeX OPUSDC	+0.0100%	4h	$9K	$380K	10x	as long as short
ApeX Omni OPUSDT	+0.0100%	1h	$46K	$716K	50x	as long as short
SoDEX OP-USD	+0.0100%	1h	$181	$5K	5x	as long as short
HTX OP-USDT	+0.0100%	8h	$188K	$251K	50x	as long as short
Kraken Futures PF_OPUSD	+0.0241%	1h	$781K	$658K	20x	as long as short
Injective OP/USDC PERP	+0.0248%	1h	$25K	$184K	12x	as long as short
Reya OPRUSDPERP	+0.0431%	1h	$704	—	20x	as long as short