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

OP

all OP markets
SwapPrice view
Alert
Measured
My alerts

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−0.0052%/8h
paid, last 24h−0.031%paid, last 7 days−0.178%to open and close $10k−$77
Long on edgeXShort on Gate
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX OPUSDC0.12380.0100pay 0.0050% / 4h1h 34m$9K$378K10x
ShortGate OP_USDT0.12340.0048get 0.0048% / 8h5h 34m$1.8M$1.5M50x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$10.92
Slippage, 4 orders
−$53.27
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$88.19
Break-even
never at this rate
Slippage from edgeX: live order book, 65 min ago; Gate: live order book, 4 min ago.

Price risk

price view
Price gap now
−0.257%
Avg gap 7d
+0.041%
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, 65 min ago4.03 bp14.4 bp −$1476.5 bp −$765doesn't fitdoesn't fit
Sell Gate live order book, 4 min ago5.26 bp24.5 bp −$2553.9 bp −$539doesn't fitdoesn't fit

OP on 29 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective OP/USDC PERP−0.1842%1h$34K$86K12xas long as short
GMX OP/USD [OP-USDC]L −0.1162% / S +0.0245%1h$13K—100xas long as short
Coinbase International OP-PERP-INTX−0.0336%1h$21K$69K50xas long as short
Variational Omni OP−0.0113%8h$224K$41K—as long as short
Orderly PERP_OP_USDC−0.0043%8h$6K$54K10xas long as short
dYdX OP-USD0.0000%1h$38K$1010xas long as short
Deribit OP_USDC-PERPETUAL0.0000%1h$43K$186K25xas long as short
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0004%1h——150xas long as short
Bybit OPUSDT+0.0008%8h$18.0M$26.7M75xas long as short
OKX OP-USDT-SWAP+0.0018%8h$5.6M$30.4M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Gate OP_USDTshort+0.0048%8h$1.8M$1.5M50x
MEXC OP_USDT+0.0086%8h$19.5M$7.4M300xas long as short
Binance OPUSDT+0.0086%8h$19.5M$65.7M75xas long as short
Extended OP-USD+0.0088%1h$99K$206K25xas long as short
Lighter OP+0.0096%1h$265K$905K15xas long as short
Hyperliquid OP+0.0100%1h$3.8M$3.1M5xas long as short
Aster OPUSDT+0.0100%8h$211K$268K10xas long as short
KuCoin OPUSDTM+0.0100%8h$2.9M$7.4M75xas long as short
Bitget OPUSDT+0.0100%8h$6.0M$6.2M75xas long as short
BingX OP-USDC+0.0100%8h—$1.6M—as long as short
Backpack OP_USDC_PERP+0.0100%1h$127K$199K10xas long as short
edgeX OPUSDClong+0.0100%4h$9K$378K10x
ApeX Omni OPUSDT+0.0100%1h$44K$719K50xas long as short
SoDEX OP-USD+0.0100%1h$204$6K5xas long as short
HTX OP-USDT+0.0100%8h$176K$260K50xas long as short
Aevo OP-PERP+0.0104%1h$4K—3xas long as short
BloFin OP-USDT+0.0206%8h$982K$314K75xas long as short
Reya OPRUSDPERP+0.0433%1h$686—20xas long as short
Kraken Futures PF_OPUSD+0.0545%1h$767K$788K20xas long as short