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

OP

all OP markets
SwapPrice view
Alert
Funding spread now, next payment 18:00 UTC0.0000%/8h
paid, last 24h0.000%paid, last 5 days+0.070%to open and close $10k−$57
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid OP0.12380.0100pay 0.0013% / 1h0m 06s$3.8M$3.2M5x
ShortAster OPUSDT0.12370.0100get 0.0100% / 8h6h 00m$201K$266K10x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
−$40.02
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$57.02
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 3 min ago; Aster: live order book, 38 min ago.

Price risk

price view
Price gap now
−0.085%
Avg gap 7d
+0.007%
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 Hyperliquid live order book, 3 min ago1.21 bp11.5 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 38 min ago6.42 bp20.5 bp −$20doesn'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 −0.1436% / S +0.0290%1h$13K100xas long as short
Coinbase International OP-PERP-INTX−0.0344%1h$21K$69K50xas long as short
Variational Omni OP−0.0124%8h$223K$42Kas long as short
Orderly PERP_OP_USDC−0.0056%8h$6K$54K10xas long as short
Bybit OPUSDT−0.0044%8h$17.9M$26.7M75xas 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%1h150xas long as short
OKX OP-USDT-SWAP+0.0016%8h$5.7M$31.1M50xas long as short
Injective OP/USDC PERP+0.0033%1h$34K$139K12xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Extended OP-USD+0.0056%1h$99K$206K25xas long as short
MEXC OP_USDT+0.0056%8h$19.7M$8.5M300xas long as short
Gate OP_USDT+0.0059%8h$1.8M$1.6M50xas long as short
Binance OPUSDT+0.0059%8h$19.7M$66.8M75xas long as short
Lighter OP+0.0096%1h$265K$919K15xas long as short
Aevo OP-PERP+0.0096%1h$4K3xas long as short
Hyperliquid OPlong+0.0100%1h$3.8M$3.2M5x
Aster OPUSDTshort+0.0100%8h$201K$266K10x
KuCoin OPUSDTM+0.0100%8h$2.9M$7.5M75xas long as short
Bitget OPUSDT+0.0100%8h$5.8M$6.3M75xas long as short
BingX OP-USDC+0.0100%8h$1.6Mas long as short
Backpack OP_USDC_PERP+0.0100%1h$126K$199K10xas long as short
edgeX OPUSDC+0.0100%4h$9K$382K10xas long as short
ApeX Omni OPUSDT+0.0100%1h$44K$719K50xas long as short
SoDEX OP-USD+0.0100%1h$202$6K5xas long as short
HTX OP-USDT+0.0100%8h$176K$273K50xas long as short
BloFin OP-USDT+0.0176%8h$1.0M$341K75xas long as short
Reya OPRUSDPERP+0.0433%1h$68720xas long as short
Kraken Futures PF_OPUSD+0.0619%1h$768K$775K20xas long as short