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

OP

all OP markets
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Funding spread now, next payment 17:00 UTC+0.0100%/8h
paid, last 24h+0.094%paid, last 5 days+0.260%to open and close $10k−$48
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit OP_USDC-PERPETUAL0.12680get 0.0000% / 1h1m 47s$47K$200K25x
ShortedgeX OPUSDC0.12690.0100get 0.0050% / 4h3h 01m$10K$379K10x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$21
Slippage, 4 orders
−$31.63
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$26.63
Break-even
15.9 days
Slippage from Deribit: live order book, 24 min ago; edgeX: live order book, 43 min ago.

Price risk

price view
Price gap now
+0.106%
Avg gap 7d
−0.068%
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, 24 min ago7.90 bp11.4 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 43 min ago3.95 bp11.4 bp −$1172.2 bp −$722doesn't fitdoesn't fit

OP on 29 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
GMX OP/USD [OP-USDC]L −0.1436% / S +0.0290%1h$13K100xas long as short
Coinbase International OP-PERP-INTX−0.0304%1h$22K$83K50xas long as short
Bybit OPUSDT−0.0248%8h$18.0M$26.8M75xas long as short
Variational Omni OP−0.0138%8h$234K$43Kas long as short
Orderly PERP_OP_USDC−0.0073%8h$7K$53K10xas long as short
Extended OP-USD−0.0008%1h$101K$208K25xas long as short
Binance OPUSDT−0.0006%8h$20.6M$67.9M75xas long as short
MEXC OP_USDT−0.0004%8h$20.1M$8.9M300xas long as short
dYdX OP-USD0.0000%1h$39K$1010xas long as short
Deribit OP_USDC-PERPETUALlong0.0000%1h$47K$200K25x
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0004%1h150xas long as short
OKX OP-USDT-SWAP+0.0018%8h$6.0M$32.7M50xas long as short
Injective OP/USDC PERP+0.0033%1h$25K$184K12xas long as short
Aevo OP-PERP+0.0080%1h$4K3xas long as short
Lighter OP+0.0096%1h$283K$900K15xas long as short
Hyperliquid OP+0.0100%1h$3.9M$3.3M5xas long as short
Aster OPUSDT+0.0100%8h$213K$465K10xas long as short
Gate OP_USDT+0.0100%8h$1.8M$1.6M50xas long as short
KuCoin OPUSDTM+0.0100%8h$2.9M$7.4M75xas long as short
Bitget OPUSDT+0.0100%8h$6.0M$6.3M75xas long as short
BingX OP-USDT+0.0100%8h$6.8Mas long as short
Backpack OP_USDC_PERP+0.0100%1h$135K$188K10xas long as short
edgeX OPUSDCshort+0.0100%4h$10K$379K10x
ApeX Omni OPUSDT+0.0100%1h$45K$713K50xas long as short
SoDEX OP-USD+0.0100%1h$179$5K5xas long as short
HTX OP-USDT+0.0100%8h$180K$266K50xas long as short
BloFin OP-USDT+0.0116%8h$1.0M$582K75xas long as short
Reya OPRUSDPERP+0.0432%1h$70520xas long as short
Kraken Futures PF_OPUSD+0.0469%1h$788K$676K20xas long as short