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

OP

all OP markets
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Funding spread now, next payment 14:00 UTC−0.0019%/8h
paid, last 24h+0.045%paid, last 4 days+0.839%to open and close $10k−$120
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective OP/USDC PERP0.12970.0033pay 0.0004% / 1h33m 34s$25K$185K12x
ShortBloFin OP-USDT0.12950.0014get 0.0014% / 8h2h 33m$1.1M$572K75x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$4.01
Slippage, 4 orders
−$107.92
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$123.95
Break-even
never at this rate
Slippage from Injective: live order book, 27 min ago; BloFin: live order book, 5 min ago.

Price risk

price view
Price gap now
−0.116%
Avg gap 7d
+0.164%
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 Injective live order book, 27 min ago34.39 bp64.8 bp −$65doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 5 min ago0.38 bp12.9 bp −$1325.4 bp −$25471.1 bp −$7,111doesn'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$13K100xas long as short
Deribit OP_USDC-PERPETUAL−0.0524%1h$44K$188K25xas long as short
Coinbase International OP-PERP-INTX−0.0416%1h$28K$97K50xas long as short
Binance OPUSDT−0.0108%8h$21.1M$61.9M75xas long as short
MEXC OP_USDT−0.0107%8h$20.0M$8.6M300xas long as short
Extended OP-USD−0.0104%1h$105K$208K25xas long as short
Variational Omni OP−0.0054%8h$235K$36Kas long as short
Orderly PERP_OP_USDC−0.0053%8h$7K$51K10xas long as short
dYdX OP-USD0.0000%1h$40K$1010xas 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
Bybit OPUSDT+0.0010%8h$18.2M$26.3M75xas long as short
BloFin OP-USDTshort+0.0014%8h$1.1M$572K75x
Injective OP/USDC PERPlong+0.0033%1h$25K$185K12x
Aevo OP-PERP+0.0056%1h$4K3xas long as short
OKX OP-USDT-SWAP+0.0067%8h$6.2M$31.1M50xas long as short
Lighter OP+0.0096%1h$299K$336K15xas 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$2.9M$6.4M75xas long as short
Bitget OPUSDT+0.0100%8h$6.1M$5.7M75xas long as short
BingX OP-USDT+0.0100%8h$6.2Mas long as short
Backpack OP_USDC_PERP+0.0100%1h$136K$154K10xas long as short
edgeX OPUSDC+0.0100%4h$4K$408K10xas long as short
ApeX Omni OPUSDT+0.0100%1h$47K$703K50xas long as short
SoDEX OP-USD+0.0100%1h$174$5K5xas long as short
HTX OP-USDT+0.0100%8h$193K$219K50xas long as short
Hyperliquid OP+0.0145%1h$4.2M$2.9M5xas long as short
Kraken Futures PF_OPUSD+0.0232%1h$793K$650K20xas long as short
Reya OPRUSDPERP+0.0429%1h$71820xas long as short