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

OP

all OP markets
SwapPrice view
Alert
Funding spread now, next payment 20:00 UTC−0.0004%/8h
paid, last 24h+0.037%paid, last 5 days+0.020%to open and close $10k−$131
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended OP-USD0.12340.0104pay 0.0013% / 1h55m 59s$99K$206K25x
ShortAster OPUSDT0.12350.0100get 0.0100% / 8h4h 55m$209K$266K10x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$0.84
Slippage, 4 orders
−$118.09
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Aster: 4 bp × 2 orders
−$8
Net
−$131.93
Break-even
never at this rate
Slippage from Extended: live order book, 38 min ago; Aster: live order book, 37 min ago.

Price risk

price view
Price gap now
+0.084%
Avg gap 7d
+0.103%
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 Extended live order book, 38 min ago12.14 bp21.8 bp −$22147.3 bp −$1,473doesn't fitdoesn't fit
Sell Aster live order book, 37 min ago11.74 bp70.7 bp −$71doesn't fitdoesn't fitdoesn't fit

OP on 29 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective OP/USDC PERP−0.1650%1h$34K$58K12xas long as short
GMX OP/USD [OP-USDC]L −0.0887% / S +0.0200%1h$13K100xas long as short
Coinbase International OP-PERP-INTX−0.0312%1h$21K$67K50xas long as short
Variational Omni OP−0.0072%8h$226K$43Kas long as short
Orderly PERP_OP_USDC−0.0026%8h$6K$53K10xas long as short
dYdX OP-USD0.0000%1h$38K$43710xas long as short
Deribit OP_USDC-PERPETUAL0.0000%1h$43K$184K25xas long as short
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0004%1h150xas long as short
OKX OP-USDT-SWAP+0.0046%8h$5.7M$30.0M50xas long as short
Gate OP_USDT+0.0048%8h$1.8M$1.4M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Lighter OP+0.0096%1h$266K$898K15xas long as short
Bybit OPUSDT+0.0099%8h$18.0M$26.5M75xas long as short
Hyperliquid OP+0.0100%1h$3.8M$3.1M5xas long as short
Aster OPUSDTshort+0.0100%8h$209K$266K10x
Binance OPUSDT+0.0100%8h$19.5M$64.5M75xas long as short
MEXC OP_USDT+0.0100%8h$19.5M$7.1M300xas 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-USDT+0.0100%8h$6.7Mas long as short
Backpack OP_USDC_PERP+0.0100%1h$127K$197K10xas long as short
edgeX OPUSDC+0.0100%4h$10K$377K10xas long as short
ApeX Omni OPUSDT+0.0100%1h$44K$719K50xas long as short
SoDEX OP-USD+0.0100%1h$179$6K5xas long as short
HTX OP-USDT+0.0100%8h$176K$258K50xas long as short
Extended OP-USDlong+0.0104%1h$99K$206K25x
Aevo OP-PERP+0.0104%1h$4K3xas long as short
BloFin OP-USDT+0.0220%8h$975K$303K75xas long as short
Reya OPRUSDPERP+0.0434%1h$68620xas long as short
Kraken Futures PF_OPUSD+0.0528%1h$767K$766K20xas long as short