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

OP

all OP markets
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Funding spread now, next payment 19:00 UTC+0.1730%/8h
paid, last 24h0.000%paid, last 3 days+0.545%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective OP/USDC PERP0.1235−0.1842get 0.0230% / 1h40m 44s$34K$86K12x
ShortVariational Omni OP0.1239−0.0112pay 0.0112% / 8h5h 40m$225K$41K

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$363.28
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$363.26
Break-even
0.0 days
Slippage unknown: Injective: live order book, 60 min ago; Variational Omni: RFQ quote, 60 min ago. Net counts fees only.

Price risk

price view
Price gap now
+0.316%
Avg gap 7d
+0.032%
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, 60 min ago36.31 bp60.4 bp −$60doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 60 min ago8.06 bpdoesn't fit24.2 bp −$242doesn't fitdoesn't fit

OP on 29 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective OP/USDC PERPlong−0.1842%1h$34K$86K12x
GMX OP/USD [OP-USDC]L −0.1436% / S +0.0290%1h$13K100xas long as short
Coinbase International OP-PERP-INTX−0.0336%1h$21K$68K50xas long as short
Variational Omni OPshort−0.0112%8h$225K$41K
Orderly PERP_OP_USDC−0.0045%8h$6K$54K10xas 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
Bybit OPUSDT+0.0010%8h$18.1M$26.7M75xas long as short
OKX OP-USDT-SWAP+0.0022%8h$5.6M$30.6M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Gate OP_USDT+0.0076%8h$1.8M$1.4M50xas long as short
MEXC OP_USDT+0.0085%8h$19.5M$7.4M300xas long as short
Binance OPUSDT+0.0086%8h$19.6M$65.6M75xas long as short
Extended OP-USD+0.0088%1h$99K$206K25xas long as short
Lighter OP+0.0096%1h$266K$905K15xas long as short
Hyperliquid OP+0.0100%1h$3.8M$3.2M5xas long as short
Aster OPUSDT+0.0100%8h$212K$268K10xas long as short
KuCoin OPUSDTM+0.0100%8h$2.9M$7.4M75xas long as short
Bitget OPUSDT+0.0100%8h$6.0M$6.2M75xas long as short
BingX OP-USDC+0.0100%8h$1.6Mas long as short
Backpack OP_USDC_PERP+0.0100%1h$127K$200K10xas long as short
edgeX OPUSDC+0.0100%4h$9K$377K10xas long as short
ApeX Omni OPUSDT+0.0100%1h$45K$719K50xas long as short
SoDEX OP-USD+0.0100%1h$202$6K5xas long as short
HTX OP-USDT+0.0100%8h$177K$261K50xas long as short
Aevo OP-PERP+0.0104%1h$4K3xas long as short
BloFin OP-USDT+0.0206%8h$978K$314K75xas long as short
Reya OPRUSDPERP+0.0433%1h$68920xas long as short
Kraken Futures PF_OPUSD+0.0543%1h$767K$786K20xas long as short