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

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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−0.0098%/8h
paid, last 24h+0.002%paid, last 3 days−0.082%to open and closeno order book
Long on ExtendedShort on Variational Omni
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended OP-USD0.1258−0.0024get 0.0003% / 1h19m 48s$101K$208K25x
ShortVariational Omni OP0.1261−0.0122pay 0.0122% / 8h7h 19m$233K$43K—

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$20.58
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$25.58
Break-even
never at this rate
Slippage unknown: Extended: live order book, 24 min ago; Variational Omni: RFQ quote, 25 min ago. Net counts fees only.

Price risk

price view
Price gap now
+0.280%
Avg gap 7d
+0.031%
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, 24 min ago11.82 bp21.0 bp −$21141.7 bp −$1,417doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 25 min ago3.97 bpdoesn't fit19.8 bp −$198doesn't fitdoesn't fit

OP on 29 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
GMX OP/USD [OP-USDC]L −0.1162% / S +0.0245%1h$13K—100xas long as short
Bybit OPUSDT−0.0349%8h$17.8M$27.5M75xas long as short
Coinbase International OP-PERP-INTX−0.0304%1h$22K$85K50xas long as short
Variational Omni OPshort−0.0122%8h$233K$43K—
Orderly PERP_OP_USDC−0.0074%8h$6K$53K10xas long as short
Extended OP-USDlong−0.0024%1h$101K$208K25x
MEXC OP_USDT−0.0020%8h$20.1M$8.8M300xas long as short
Binance OPUSDT−0.0019%8h$20.6M$68.6M75xas 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
OKX OP-USDT-SWAP+0.0026%8h$6.0M$33.0M50xas long as short
Injective OP/USDC PERP+0.0033%1h$25K$184K12xas long as short
Aevo OP-PERP+0.0080%1h$4K—3xas long as short
Lighter OP+0.0096%1h$282K$900K15xas long as short
BloFin OP-USDT+0.0100%8h$1.0M$581K75xas long as short
Hyperliquid OP+0.0100%1h$3.9M$3.3M5xas long as short
Aster OPUSDT+0.0100%8h$212K$465K10xas long as short
Gate OP_USDT+0.0100%8h$1.8M$1.6M50xas long as short
KuCoin OPUSDTM+0.0100%8h$2.9M$7.4M75xas long as short
Bitget OPUSDT+0.0100%8h$6.0M$6.4M75xas long as short
BingX OP-USDT+0.0100%8h—$6.9M—as long as short
Backpack OP_USDC_PERP+0.0100%1h$136K$187K10xas long as short
edgeX OPUSDC+0.0100%4h$9K$378K10xas long as short
ApeX Omni OPUSDT+0.0100%1h$45K$712K50xas long as short
SoDEX OP-USD+0.0100%1h$183$6K5xas long as short
HTX OP-USDT+0.0100%8h$179K$270K50xas long as short
Reya OPRUSDPERP+0.0432%1h$699—20xas long as short
Kraken Futures PF_OPUSD+0.0473%1h$782K$678K20xas long as short