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

OP

all OP markets
SwapPrice view
Alert
Funding spread now, next payment 14:00 UTC+0.0183%/8h
paid, last 24h0.000%paid, last 7 days−0.131%to open and close $10k−$60
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX OP-USDT0.12980.0100pay 0.0100% / 8h2h 40m$190K$211K50x
ShortHyperliquid OP0.13000.0283get 0.0035% / 1h40m 28s$4.2M$2.9M5x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
$38.48
Slippage, 4 orders
−$38.58
Fee HTX: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$21.1
Break-even
10.8 days
Slippage from HTX: live order book, 17 min ago; Hyperliquid: live order book, 3 min ago.

Price risk

price view
Price gap now
+0.177%
Avg gap 7d
0.000%
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 HTX live order book, 17 min ago6.47 bp20.0 bp −$2064.8 bp −$648doesn't fitdoesn't fit
Sell Hyperliquid live order book, 3 min ago1.54 bp11.6 bp −$12doesn't fitdoesn't fitdoesn't fit

OP on 29 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
GMX OP/USD [OP-USDC]L −0.1208% / S +0.0249%1h$14K100xas long as short
Coinbase International OP-PERP-INTX−0.0416%1h$28K$97K50xas long as short
Binance OPUSDT−0.0106%8h$21.1M$61.4M75xas long as short
MEXC OP_USDT−0.0106%8h$20.1M$8.6M300xas long as short
Extended OP-USD−0.0104%1h$105K$208K25xas long as short
Variational Omni OP−0.0056%8h$235K$36Kas long as short
Orderly PERP_OP_USDC−0.0055%8h$7K$51K10xas long as short
dYdX OP-USD0.0000%1h$40K$1010xas long as short
Deribit OP_USDC-PERPETUAL0.0000%1h$44K$188K25xas 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
BloFin OP-USDT+0.0014%8h$1.1M$574K75xas long as short
Bybit OPUSDT+0.0019%8h$18.2M$26.2M75xas long as short
Injective OP/USDC PERP+0.0033%1h$25K$185K12xas long as short
Aevo OP-PERP+0.0056%1h$4K3xas long as short
OKX OP-USDT-SWAP+0.0069%8h$6.2M$31.2M50xas long as short
Lighter OP+0.0096%1h$300K$333K15xas long as short
Aster OPUSDT+0.0100%8h$201K$418K10xas long as short
Gate OP_USDT+0.0100%8h$1.8M$1.7M50xas long as short
KuCoin OPUSDTM+0.0100%8h$3.0M$6.4M75xas long as short
Bitget OPUSDT+0.0100%8h$6.1M$5.7M75xas long as short
BingX OP-USDC+0.0100%8h$1.6Mas long as short
Backpack OP_USDC_PERP+0.0100%1h$136K$152K10xas long as short
edgeX OPUSDC+0.0100%4h$4K$406K10xas long as short
ApeX Omni OPUSDT+0.0100%1h$46K$703K50xas long as short
SoDEX OP-USD+0.0100%1h$181$5K5xas long as short
HTX OP-USDTlong+0.0100%8h$190K$211K50x
Kraken Futures PF_OPUSD+0.0231%1h$805K$636K20xas long as short
Hyperliquid OPshort+0.0283%1h$4.2M$2.9M5x
Reya OPRUSDPERP+0.0429%1h$72220xas long as short