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

OP

all OP markets
SwapPrice view
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Funding spread now, next payment 18:00 UTC+0.0100%/8h
paid, last 24h+0.036%paid, last 7 days+0.052%to open and close $10k−$102
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended OP-USD0.12530get 0.0000% / 1h48m 46s$100K$205K25x
ShortKuCoin OPUSDTM0.12540.0100get 0.0100% / 8h6h 48m$2.9M$7.3M75x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$21
Slippage, 4 orders
−$85.04
Fee Extended: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$81.04
Break-even
34.0 days
Slippage from Extended: live order book, 55 min ago; KuCoin: live order book, 6 min ago.

Price risk

price view
Price gap now
+0.041%
Avg gap 7d
+0.053%
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, 55 min ago11.82 bp21.0 bp −$21141.7 bp −$1,417doesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago7.96 bp21.4 bp −$2167.3 bp −$673doesn'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$76K50xas long as short
Variational Omni OP−0.0133%8h$232K$42Kas long as short
Bybit OPUSDT−0.0122%8h$18.0M$26.4M75xas long as short
Orderly PERP_OP_USDC−0.0070%8h$7K$53K10xas long as short
dYdX OP-USD0.0000%1h$39K$1010xas long as short
Extended OP-USDlong0.0000%1h$100K$205K25x
Deribit OP_USDC-PERPETUAL0.0000%1h$47K$200K25xas long as short
MEXC OP_USDT+0.0003%8h$19.9M$8.1M300xas long as short
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0004%1h150xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Binance OPUSDT+0.0005%8h$20.4M$66.4M75xas long as short
OKX OP-USDT-SWAP+0.0014%8h$5.9M$32.2M50xas long as short
Injective OP/USDC PERP+0.0033%1h$25K$134K12xas long as short
BloFin OP-USDT+0.0060%8h$845K$577K75xas long as short
Aevo OP-PERP+0.0080%1h$4K3xas long as short
Lighter OP+0.0096%1h$281K$871K15xas long as short
Hyperliquid OP+0.0100%1h$3.9M$3.2M5xas long as short
Aster OPUSDT+0.0100%8h$208K$357K10xas long as short
Gate OP_USDT+0.0100%8h$1.8M$1.4M50xas long as short
KuCoin OPUSDTMshort+0.0100%8h$2.9M$7.3M75x
Bitget OPUSDT+0.0100%8h$6.0M$6.2M75xas long as short
BingX OP-USDT+0.0100%8h$6.8Mas long as short
Backpack OP_USDC_PERP+0.0100%1h$134K$186K10xas long as short
edgeX OPUSDC+0.0100%4h$11K$378K10xas long as short
ApeX Omni OPUSDT+0.0100%1h$45K$714K50xas long as short
SoDEX OP-USD+0.0100%1h$175$6K5xas long as short
HTX OP-USDT+0.0100%8h$179K$258K50xas long as short
Reya OPRUSDPERP+0.0432%1h$69820xas long as short
Kraken Futures PF_OPUSD+0.0610%1h$781K$673K20xas long as short