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

OP

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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding spread now, next payment 20:00 UTC−0.0031%/8h
paid, last 24h−0.010%paid, last 7 days+0.137%to open and close $10k−$57
Long on edgeXShort on BloFin
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX OPUSDC0.12620.0100pay 0.0050% / 4h3h 48m$8K$379K10x
ShortBloFin OP-USDT0.12630.0069get 0.0069% / 8h7h 48m$1.0M$582K75x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$6.5
Slippage, 4 orders
−$35.89
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$63.38
Break-even
never at this rate
Slippage from edgeX: live order book, 61 min ago; BloFin: live order book, 5 min ago.

Price risk

price view
Price gap now
+0.015%
Avg gap 7d
+0.079%
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 edgeX live order book, 61 min ago7.86 bp17.0 bp −$17138.0 bp −$1,380doesn't fitdoesn't fit
Sell BloFin live order book, 5 min ago0.40 bp10.1 bp −$1017.1 bp −$17160.2 bp −$6,020doesn'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$13K—100xas long as short
Coinbase International OP-PERP-INTX−0.0304%1h$22K$91K50xas long as short
Variational Omni OP−0.0086%8h$232K$46K—as long as short
Orderly PERP_OP_USDC−0.0076%8h$6K$54K10xas long as short
MEXC OP_USDT−0.0050%8h$20.2M$8.7M300xas long as short
Binance OPUSDT−0.0048%8h$20.9M$69.3M75xas long as short
Extended OP-USD−0.0048%1h$101K$212K25xas long as short
Bybit OPUSDT−0.0047%8h$17.9M$28.0M75xas long as short
dYdX OP-USD0.0000%1h$39K$1010xas long as short
Deribit OP_USDC-PERPETUAL0.0000%1h$47K$200K25xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0004%1h——150xas long as short
Injective OP/USDC PERP+0.0033%1h$25K$184K12xas long as short
OKX OP-USDT-SWAP+0.0039%8h$6.0M$33.5M50xas long as short
Aevo OP-PERP+0.0064%1h$4K—3xas long as short
BloFin OP-USDTshort+0.0069%8h$1.0M$582K75x
Lighter OP+0.0096%1h$283K$827K15xas long as short
Hyperliquid OP+0.0100%1h$3.9M$3.3M5xas long as short
Aster OPUSDT+0.0100%8h$214K$470K10xas long as short
Gate OP_USDT+0.0100%8h$1.8M$1.6M50xas long as short
KuCoin OPUSDTM+0.0100%8h$2.8M$7.4M75xas long as short
Bitget OPUSDT+0.0100%8h$6.0M$6.5M75xas long as short
BingX OP-USDT+0.0100%8h—$6.9M—as long as short
Backpack OP_USDC_PERP+0.0100%1h$138K$183K10xas long as short
edgeX OPUSDClong+0.0100%4h$8K$379K10x
ApeX Omni OPUSDT+0.0100%1h$45K$713K50xas long as short
SoDEX OP-USD+0.0100%1h$190$5K5xas long as short
HTX OP-USDT+0.0100%8h$181K$271K50xas long as short
Reya OPRUSDPERP+0.0431%1h$703—20xas long as short
Kraken Futures PF_OPUSD+0.0471%1h$785K$683K20xas long as short