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

OP

all OP markets
SwapPrice view
Alert
Measured
My alerts

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 18:00 UTC0.0000%/8h
paid, last 24h0.000%paid, last 7 days+0.129%to open and close $10k−$239
Long on HyperliquidShort on BingX
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid OP0.12420.0100pay 0.0013% / 1h39m 56s$3.9M$3.3M5x
ShortBingX OP-USDC0.12410.0100get 0.0100% / 8h6h 39m—$1.6M—

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
−$220.24
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee BingX: 5 bp × 2 orders
−$10
Net
−$239.24
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 3 min ago; BingX: live order book, 12 min ago.

Price risk

price view
Price gap now
−0.064%
Avg gap 7d
−0.025%
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 ago0.40 bp7.2 bp −$7doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 12 min ago11.95 bp114.4 bp −$114899.7 bp −$8,9971122.0 bp −$112.2Kdoesn'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$13K—100xas long as short
Coinbase International OP-PERP-INTX−0.0344%1h$21K$74K50xas long as short
Variational Omni OP−0.0126%8h$226K$45K—as long as short
Bybit OPUSDT−0.0080%8h$17.7M$26.2M75xas long as short
Orderly PERP_OP_USDC−0.0068%8h$6K$53K10xas long as short
dYdX OP-USD0.0000%1h$38K$1010xas long as short
Deribit OP_USDC-PERPETUAL0.0000%1h$47K$200K25xas long as short
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0004%1h——150xas long as short
MEXC OP_USDT+0.0005%8h$19.7M$8.2M300xas long as short
Binance OPUSDT+0.0006%8h$20.1M$65.9M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Extended OP-USD+0.0008%1h$99K$207K25xas long as short
OKX OP-USDT-SWAP+0.0009%8h$5.8M$31.8M50xas long as short
BloFin OP-USDT+0.0021%8h$1.0M$372K75xas 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 OP+0.0096%1h$266K$914K15xas long as short
Hyperliquid OPlong+0.0100%1h$3.9M$3.3M5x
Aster OPUSDT+0.0100%8h$206K$226K10xas long as short
Gate OP_USDT+0.0100%8h$1.8M$1.4M50xas long as short
KuCoin OPUSDTM+0.0100%8h$2.9M$7.3M75xas long as short
Bitget OPUSDT+0.0100%8h$5.9M$6.2M75xas long as short
BingX OP-USDCshort+0.0100%8h—$1.6M—
Backpack OP_USDC_PERP+0.0100%1h$132K$187K10xas long as short
edgeX OPUSDC+0.0100%4h$9K$382K10xas long as short
ApeX Omni OPUSDT+0.0100%1h$45K$713K50xas long as short
SoDEX OP-USD+0.0100%1h$184$6K5xas long as short
HTX OP-USDT+0.0100%8h$175K$264K50xas long as short
Reya OPRUSDPERP+0.0432%1h$690—20xas long as short
Kraken Futures PF_OPUSD+0.0617%1h$771K$671K20xas long as short