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

OP

all OP markets
SwapPrice view
Alert
Funding spread now, next payment 18:00 UTC0.0000%/8h
paid, last 24h0.000%paid, last 7 days−0.130%to open and close $10k−$47
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX OPUSDC0.12420.0100pay 0.0050% / 4h2h 37m$9K$380K10x
ShortHyperliquid OP0.12460.0100get 0.0013% / 1h37m 14s$3.9M$3.2M5x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
−$28.53
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$46.53
Break-even
never at this rate
Slippage from edgeX: live order book, 3 min ago; Hyperliquid: live order book, 6 min ago.

Price risk

price view
Price gap now
+0.358%
Avg gap 7d
+0.073%
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, 3 min ago4.03 bp14.4 bp −$1476.5 bp −$765doesn't fitdoesn't fit
Sell Hyperliquid live order book, 6 min ago0.40 bp10.9 bp −$11doesn'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 −0.1436% / S +0.0290%1h$13K100xas long as short
Coinbase International OP-PERP-INTX−0.0344%1h$21K$74K50xas long as short
Variational Omni OP−0.0126%8h$226K$45Kas long as short
Orderly PERP_OP_USDC−0.0067%8h$6K$53K10xas long as short
Bybit OPUSDT−0.0066%8h$17.7M$26.2M75xas long as short
dYdX OP-USD0.0000%1h$38K$1010xas long as short
Deribit OP_USDC-PERPETUAL0.0000%1h$47K$200K25xas long as short
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0004%1h150xas long as short
Extended OP-USD+0.0008%1h$99K$207K25xas long as short
MEXC OP_USDT+0.0008%8h$19.8M$8.2M300xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
OKX OP-USDT-SWAP+0.0010%8h$5.8M$31.8M50xas long as short
Binance OPUSDT+0.0011%8h$20.2M$65.7M75xas long as short
Injective OP/USDC PERP+0.0033%1h$25K$134K12xas long as short
BloFin OP-USDT+0.0045%8h$1.0M$364K75xas long as short
Aevo OP-PERP+0.0080%1h$4K3xas long as short
Lighter OP+0.0096%1h$267K$914K15xas long as short
Hyperliquid OPshort+0.0100%1h$3.9M$3.2M5x
Aster OPUSDT+0.0100%8h$206K$226K10xas long as short
Gate OP_USDT+0.0100%8h$1.8M$1.4M50xas long as short
KuCoin OPUSDTM+0.0100%8h$2.9M$7.3M75xas long as short
Bitget OPUSDT+0.0100%8h$6.0M$6.2M75xas long as short
BingX OP-USDC+0.0100%8h$1.6Mas long as short
Backpack OP_USDC_PERP+0.0100%1h$132K$187K10xas long as short
edgeX OPUSDClong+0.0100%4h$9K$380K10x
ApeX Omni OPUSDT+0.0100%1h$45K$720K50xas long as short
SoDEX OP-USD+0.0100%1h$188$6K5xas long as short
HTX OP-USDT+0.0100%8h$177K$264K50xas long as short
Reya OPRUSDPERP+0.0432%1h$69220xas long as short
Kraken Futures PF_OPUSD+0.0615%1h$773K$671K20xas long as short