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 17:00 UTC−0.0004%/8h
paid, last 24h−0.001%paid, last 7 days−0.021%to open and close $10k−$49
Long on edgeXShort on Lighter
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX OPUSDC0.12620.0100pay 0.0050% / 4h3h 50m$8K$379K10x
ShortLighter OP0.12630.0096get 0.0012% / 1h50m 23s$283K$827K15x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$0.84
Slippage, 4 orders
−$39.78
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Lighter: 0 bp × 2 orders
$0
Net
−$49.62
Break-even
never at this rate
Slippage from edgeX: live order book, 59 min ago; Lighter: live order book, 52 min ago.

Price risk

price view
Price gap now
+0.023%
Avg gap 7d
+0.084%
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, 59 min ago7.86 bp17.0 bp −$17138.0 bp −$1,380doesn't fitdoesn't fit
Sell Lighter live order book, 52 min ago4.73 bp8.3 bp −$847.0 bp −$470doesn't fitdoesn't fit

OP on 29 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
GMX OP/USD [OP-USDC]L −0.1440% / S +0.0291%1h$13K—100xas long as short
Coinbase International OP-PERP-INTX−0.0304%1h$22K$90K50xas long as short
Bybit OPUSDT−0.0123%8h$17.9M$28.0M75xas long as short
Variational Omni OP−0.0086%8h$232K$46K—as long as short
Orderly PERP_OP_USDC−0.0076%8h$7K$54K10xas long as short
Extended OP-USD−0.0056%1h$101K$212K25xas long as short
Binance OPUSDT−0.0054%8h$21.0M$69.3M75xas long as short
MEXC OP_USDT−0.0054%8h$20.2M$8.7M300xas 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$33.4M50xas long as short
Aevo OP-PERP+0.0064%1h$4K—3xas long as short
BloFin OP-USDT+0.0066%8h$1.0M$581K75xas long as short
Lighter OPshort+0.0096%1h$283K$827K15x
Hyperliquid OP+0.0100%1h$3.9M$3.3M5xas long as short
Aster OPUSDT+0.0100%8h$213K$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$137K$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$184$5K5xas long as short
HTX OP-USDT+0.0100%8h$180K$271K50xas long as short
Reya OPRUSDPERP+0.0431%1h$702—20xas long as short
Kraken Futures PF_OPUSD+0.0472%1h$783K$679K20xas long as short