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

OP

all OP markets
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Funding spread now, next payment 14:00 UTC+0.0100%/8h
paid, last 24h+0.094%paid, last 5 days+0.182%to open and close $10k−$52
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit OP_USDC-PERPETUAL0.12990get 0.0000% / 1h37m 56s$44K$188K25x
ShortBitget OPUSDT0.12980.0100get 0.0100% / 8h2h 37m$6.1M$5.7M75x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$21
Slippage, 4 orders
−$33.45
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$31.45
Break-even
17.5 days
Slippage from Deribit: live order book, 2 min ago; Bitget: live order book, 2 min ago.

Price risk

price view
Price gap now
−0.077%
Avg gap 7d
−0.011%
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, 2 min ago7.70 bp11.2 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago3.85 bp15.9 bp −$1632.1 bp −$321117.6 bp −$11.8Kdoesn't fit

OP on 29 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
GMX OP/USD [OP-USDC]L −0.1208% / S +0.0249%1h$14K100xas long as short
Coinbase International OP-PERP-INTX−0.0416%1h$28K$97K50xas long as short
Binance OPUSDT−0.0106%8h$21.2M$61.5M75xas long as short
MEXC OP_USDT−0.0106%8h$20.1M$8.6M300xas long as short
Extended OP-USD−0.0104%1h$105K$208K25xas long as short
Variational Omni OP−0.0056%8h$235K$36Kas long as short
Orderly PERP_OP_USDC−0.0055%8h$7K$51K10xas long as short
dYdX OP-USD0.0000%1h$40K$1010xas long as short
Deribit OP_USDC-PERPETUALlong0.0000%1h$44K$188K25x
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0004%1h150xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
BloFin OP-USDT+0.0014%8h$1.1M$573K75xas long as short
Bybit OPUSDT+0.0020%8h$18.2M$26.2M75xas long as short
Injective OP/USDC PERP+0.0033%1h$25K$185K12xas long as short
Aevo OP-PERP+0.0056%1h$4K3xas long as short
OKX OP-USDT-SWAP+0.0069%8h$6.2M$31.2M50xas long as short
Lighter OP+0.0096%1h$300K$333K15xas long as short
Aster OPUSDT+0.0100%8h$201K$418K10xas long as short
Gate OP_USDT+0.0100%8h$1.8M$1.7M50xas long as short
KuCoin OPUSDTM+0.0100%8h$2.9M$6.4M75xas long as short
Bitget OPUSDTshort+0.0100%8h$6.1M$5.7M75x
BingX OP-USDT+0.0100%8h$6.1Mas long as short
Backpack OP_USDC_PERP+0.0100%1h$136K$152K10xas long as short
edgeX OPUSDC+0.0100%4h$4K$406K10xas long as short
ApeX Omni OPUSDT+0.0100%1h$47K$704K50xas long as short
SoDEX OP-USD+0.0100%1h$183$5K5xas long as short
HTX OP-USDT+0.0100%8h$190K$211K50xas long as short
Kraken Futures PF_OPUSD+0.0231%1h$801K$639K20xas long as short
Hyperliquid OP+0.0233%1h$4.2M$2.9M5xas long as short
Reya OPRUSDPERP+0.0429%1h$72220xas long as short