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

OP

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Funding spread now, next payment 19:00 UTC+0.0010%/8h
paid, last 24h−0.006%paid, last 7 days+0.098%to open and close $10k−$110
Long on GateShort on Extended
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate OP_USDT0.12410.0078pay 0.0078% / 8h5h 41m$1.8M$1.4M50x
ShortExtended OP-USD0.12400.0088get 0.0011% / 1h41m 51s$100K$206K25x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$2.1
Slippage, 4 orders
−$89.97
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$107.87
Break-even
366.6 days
Slippage from Gate: live order book, 2 min ago; Extended: live order book, 57 min ago.

Price risk

price view
Price gap now
−0.073%
Avg gap 7d
−0.059%
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 Gate live order book, 2 min ago5.23 bp22.4 bp −$2260.4 bp −$604doesn't fitdoesn't fit
Sell Extended live order book, 57 min ago20.12 bp29.7 bp −$30160.0 bp −$1,600doesn't fitdoesn't fit

OP on 29 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective OP/USDC PERP−0.1842%1h$34K$86K12xas long as short
GMX OP/USD [OP-USDC]L −0.1436% / S +0.0290%1h$13K—100xas long as short
Coinbase International OP-PERP-INTX−0.0336%1h$21K$69K50xas long as short
Variational Omni OP−0.0109%8h$225K$41K—as long as short
Orderly PERP_OP_USDC−0.0046%8h$6K$54K10xas long as short
dYdX OP-USD0.0000%1h$38K$1010xas long as short
Deribit OP_USDC-PERPETUAL0.0000%1h$43K$187K25xas long as short
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0004%1h——150xas long as short
Bybit OPUSDT+0.0014%8h$18.1M$26.7M75xas long as short
OKX OP-USDT-SWAP+0.0023%8h$5.7M$30.7M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Gate OP_USDTlong+0.0078%8h$1.8M$1.4M50x
MEXC OP_USDT+0.0084%8h$19.6M$7.4M300xas long as short
Binance OPUSDT+0.0086%8h$19.7M$65.7M75xas long as short
Extended OP-USDshort+0.0088%1h$100K$206K25x
Lighter OP+0.0096%1h$267K$905K15xas long as short
Hyperliquid OP+0.0100%1h$3.8M$3.2M5xas long as short
Aster OPUSDT+0.0100%8h$212K$268K10xas 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—$6.5M—as long as short
Backpack OP_USDC_PERP+0.0100%1h$129K$200K10xas long as short
edgeX OPUSDC+0.0100%4h$9K$380K10xas long as short
ApeX Omni OPUSDT+0.0100%1h$45K$718K50xas long as short
SoDEX OP-USD+0.0100%1h$199$6K5xas long as short
HTX OP-USDT+0.0100%8h$177K$261K50xas long as short
Aevo OP-PERP+0.0104%1h$4K—3xas long as short
BloFin OP-USDT+0.0204%8h$978K$315K75xas long as short
Reya OPRUSDPERP+0.0433%1h$690—20xas long as short
Kraken Futures PF_OPUSD+0.0542%1h$770K$785K20xas long as short