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

OP

all OP markets
SwapPrice view
Alert
Funding spread now, next payment 16:00 UTC+0.0100%/8h
paid, last 24h+0.096%paid, last 5 days+0.190%to open and close $10k−$81
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit OP_USDC-PERPETUAL0.12580get 0.0000% / 1h10m 02s$47K$200K25x
ShortAster OPUSDT0.12580.0100get 0.0100% / 8h10m 02s$212K$469K10x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
$21
Slippage, 4 orders
−$66.03
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Aster: 4 bp × 2 orders
−$8
Net
−$60.03
Break-even
27.0 days
Slippage from Deribit: live order book, 20 min ago; Aster: live order book, 39 min ago.

Price risk

price view
Price gap now
+0.021%
Avg gap 7d
+0.024%
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 Deribit live order book, 20 min ago11.99 bp31.5 bp −$31doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 39 min ago7.06 bp15.8 bp −$16doesn't fitdoesn't fitdoesn't fit

OP on 29 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
GMX OP/USD [OP-USDC]L −0.1440% / S +0.0291%1h$13K100xas long as short
Coinbase International OP-PERP-INTX−0.0296%1h$22K$91K50xas long as short
MEXC OP_USDT−0.0093%8h$20.0M$8.8M300xas long as short
Binance OPUSDT−0.0091%8h$20.9M$69.2M75xas long as short
Extended OP-USD−0.0088%1h$101K$213K25xas long as short
Orderly PERP_OP_USDC−0.0077%8h$7K$54K10xas long as short
Variational Omni OP−0.0066%8h$231K$46Kas long as short
dYdX OP-USD0.0000%1h$39K$1010xas long as short
Deribit OP_USDC-PERPETUALlong0.0000%1h$47K$200K25x
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0004%1h$1K150xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
BloFin OP-USDT+0.0027%8h$1.1M$584K75xas long as short
Bybit OPUSDT+0.0028%8h$17.7M$28.2M75xas long as short
OKX OP-USDT-SWAP+0.0039%8h$6.0M$33.3M50xas long as short
Aevo OP-PERP+0.0056%1h$4K3xas long as short
Lighter OP+0.0096%1h$294K$836K15xas long as short
Hyperliquid OP+0.0100%1h$3.9M$3.3M5xas long as short
Aster OPUSDTshort+0.0100%8h$212K$469K10x
Gate OP_USDT+0.0100%8h$1.8M$1.8M50xas long as short
KuCoin OPUSDTM+0.0100%8h$2.8M$7.3M75xas long as short
Bitget OPUSDT+0.0100%8h$5.9M$6.5M75xas long as short
BingX OP-USDT+0.0100%8h$7.0Mas long as short
Backpack OP_USDC_PERP+0.0100%1h$133K$180K10xas long as short
edgeX OPUSDC+0.0100%4h$10K$376K10xas long as short
ApeX Omni OPUSDT+0.0100%1h$45K$714K50xas long as short
SoDEX OP-USD+0.0100%1h$179$5K5xas long as short
HTX OP-USDT+0.0100%8h$180K$277K50xas long as short
Kraken Futures PF_OPUSD+0.0243%1h$780K$672K20xas long as short
Injective OP/USDC PERP+0.0248%1h$25K$184K12xas long as short
Reya OPRUSDPERP+0.0431%1h$69920xas long as short