data as of
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OP

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Funding spread now, next payment 18:00 UTC+0.1532%/8h
next payment, per $10,000+$1.91paid, last 24h+0.335%paid, last 3 days+1.143%to open and closeno order book
Long on GMXShort on Lighter
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX OP/USD [OP-USDC]0.1258L −0.1436% / S +0.0290%get 0.0179% / 1h56m 52s$13K—100x
ShortLighter OP0.12580.0096get 0.0012% / 1h56m 52s$281K$871K15x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$321.7
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
$309.7
Break-even
0.3 days
Slippage unknown: GMX: no order-book sample; Lighter: live order book, 40 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.011%
Avg gap 7d
—
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 GMX no order-book sample—————
Sell Lighter live order book, 40 min ago4.72 bp9.7 bp −$1035.2 bp −$352doesn't fitdoesn't fit
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

OP on 29 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
GMX OP/USD [OP-USDC]longL −0.1436% / S +0.0290%1h$13K—100x
Coinbase International OP-PERP-INTX−0.0344%1h$21K$79K50xas long as short
Bybit OPUSDT−0.0198%8h$17.9M$26.6M75xas long as short
Variational Omni OP−0.0135%8h$234K$43K—as long as short
Orderly PERP_OP_USDC−0.0070%8h$7K$53K10xas long as short
Extended OP-USD−0.0008%1h$101K$205K25xas long as short
Binance OPUSDT−0.0004%8h$20.5M$67.1M75xas long as short
MEXC OP_USDT−0.0003%8h$19.9M$8.1M300xas 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+0.0014%8h$6.0M$32.5M50xas long as short
Injective OP/USDC PERP+0.0033%1h$25K$134K12xas long as short
Aevo OP-PERP+0.0080%1h$4K—3xas long as short
Lighter OPshort+0.0096%1h$281K$871K15x
Hyperliquid OP+0.0100%1h$3.9M$3.3M5xas long as short
Aster OPUSDT+0.0100%8h$211K$469K10xas long as short
Gate OP_USDT+0.0100%8h$1.8M$1.4M50xas long as short
KuCoin OPUSDTM+0.0100%8h$2.9M$7.4M75xas long as short
Bitget OPUSDT+0.0100%8h$6.0M$6.3M75xas long as short
BingX OP-USDC+0.0100%8h—$1.6M—as long as short
Backpack OP_USDC_PERP+0.0100%1h$134K$188K10xas long as short
edgeX OPUSDC+0.0100%4h$10K$380K10xas long as short
ApeX Omni OPUSDT+0.0100%1h$45K$712K50xas long as short
SoDEX OP-USD+0.0100%1h$180$5K5xas long as short
HTX OP-USDT+0.0100%8h$179K$265K50xas long as short
BloFin OP-USDT+0.0116%8h$1.0M$578K75xas long as short
Reya OPRUSDPERP+0.0432%1h$700—20xas long as short
Kraken Futures PF_OPUSD+0.0609%1h$781K$676K20xas long as short