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

OP

all OP markets
SwapPrice view
Alert
Funding spread now, next payment 15:00 UTC+0.0100%/8h
paid, last 24h+0.093%paid, last 5 days+0.254%to open and close $10k−$92
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit OP_USDC-PERPETUAL0.12750get 0.0000% / 1h39m 30s$48K$220K25x
ShortHTX OP-USDT0.12740.0100get 0.0100% / 8h1h 39m$192K$233K50x

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
−$72.51
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee HTX: 6 bp × 2 orders
−$12
Net
−$70.51
Break-even
30.5 days
Slippage from Deribit: live order book, 61 min ago; HTX: live order book, 13 min ago.

Price risk

price view
Price gap now
−0.078%
Avg gap 7d
+0.014%
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, 61 min ago7.70 bp11.2 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 13 min ago19.74 bp42.6 bp −$43doesn'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 −0.1208% / S +0.0249%1h$13K100xas long as short
Coinbase International OP-PERP-INTX−0.0328%1h$27K$83K50xas long as short
Binance OPUSDT−0.0152%8h$20.6M$64.6M75xas long as short
Extended OP-USD−0.0152%1h$102K$214K25xas long as short
MEXC OP_USDT−0.0152%8h$20.2M$8.8M300xas long as short
ApeX Omni OPUSDT−0.0083%1h$46K$709K50xas long as short
Orderly PERP_OP_USDC−0.0072%8h$7K$53K10xas long as short
Variational Omni OP−0.0060%8h$235K$44Kas long as short
BloFin OP-USDT−0.0032%8h$1.0M$581K75xas long as short
dYdX OP-USD0.0000%1h$39K$1010xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Deribit OP_USDC-PERPETUALlong0.0000%1h$48K$220K25x
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0001%1h$2K150xas long as short
Bybit OPUSDT+0.0013%8h$17.9M$27.0M75xas long as short
Injective OP/USDC PERP+0.0033%1h$25K$185K12xas long as short
Aevo OP-PERP+0.0040%1h$4K3xas long as short
OKX OP-USDT-SWAP+0.0074%8h$6.0M$32.2M50xas long as short
Lighter OP+0.0096%1h$370K$749K15xas long as short
Hyperliquid OP+0.0100%1h$4.1M$3.1M5xas long as short
Aster OPUSDT+0.0100%8h$201K$434K10xas long as short
Gate OP_USDT+0.0100%8h$1.8M$1.7M50xas long as short
KuCoin OPUSDTM+0.0100%8h$2.9M$6.7M75xas long as short
Bitget OPUSDT+0.0100%8h$6.0M$6.0M75xas long as short
BingX OP-USDC+0.0100%8h$1.6Mas long as short
Backpack OP_USDC_PERP+0.0100%1h$132K$163K10xas long as short
edgeX OPUSDC+0.0100%4h$4K$406K10xas long as short
SoDEX OP-USD+0.0100%1h$161$5K5xas long as short
HTX OP-USDTshort+0.0100%8h$192K$233K50x
Kraken Futures PF_OPUSD+0.0142%1h$786K$663K20xas long as short
Reya OPRUSDPERP+0.0430%1h$70920xas long as short