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

OP

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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 16:00 UTC−0.0143%/8h
paid, last 24h+0.001%paid, last 7 days+0.039%to open and close $10k−$121
Long on Kraken FuturesShort on HTX
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_OPUSD0.12580.0243pay 0.0030% / 1h28m 22s$781K$669K20x
ShortHTX OP-USDT0.12570.0100get 0.0100% / 8h28m 22s$180K$276K50x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
−$30.03
Slippage, 4 orders
−$98.71
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$150.74
Break-even
never at this rate
Slippage from Kraken Futures: live order book, 21 min ago; HTX: live order book, 20 min ago.

Price risk

price view
Price gap now
−0.159%
Avg gap 7d
−0.068%
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 Kraken Futures live order book, 21 min ago20.77 bp28.8 bp −$2998.7 bp −$987doesn't fitdoesn't fit
Sell HTX live order book, 20 min ago10.21 bp39.4 bp −$39doesn'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 −0.1440% / S +0.0291%1h$13K—100xas long as short
Coinbase International OP-PERP-INTX−0.0296%1h$22K$91K50xas long as short
Binance OPUSDT−0.0122%8h$20.8M$69.3M75xas long as short
MEXC OP_USDT−0.0121%8h$19.9M$8.7M300xas long as short
Extended OP-USD−0.0120%1h$100K$214K25xas long as short
Orderly PERP_OP_USDC−0.0077%8h$7K$53K10xas long as short
Variational Omni OP−0.0065%8h$230K$46K—as long as short
BloFin OP-USDT−0.0002%8h$1.1M$579K75xas long as short
dYdX OP-USD0.0000%1h$39K$1010xas long as short
Deribit OP_USDC-PERPETUAL0.0000%1h$47K$200K25xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0004%1h$1K—150xas long as short
Bybit OPUSDT+0.0023%8h$17.6M$28.3M75xas long as short
OKX OP-USDT-SWAP+0.0026%8h$5.9M$33.3M50xas long as short
Aevo OP-PERP+0.0048%1h$4K—3xas long as short
Lighter OP+0.0096%1h$295K$834K15xas long as short
Hyperliquid OP+0.0100%1h$3.9M$3.3M5xas long as short
Aster OPUSDT+0.0100%8h$208K$467K10xas long as short
Gate OP_USDT+0.0100%8h$1.8M$1.8M50xas long as short
KuCoin OPUSDTM+0.0100%8h$2.8M$7.3M75xas long as short
Bitget OPUSDT+0.0100%8h$5.9M$6.5M75xas long as short
BingX OP-USDT+0.0100%8h—$7.0M—as long as short
Backpack OP_USDC_PERP+0.0100%1h$132K$178K10xas long as short
edgeX OPUSDC+0.0100%4h$9K$380K10xas long as short
ApeX Omni OPUSDT+0.0100%1h$45K$717K50xas long as short
SoDEX OP-USD+0.0100%1h$181$5K5xas long as short
HTX OP-USDTshort+0.0100%8h$180K$276K50x
Kraken Futures PF_OPUSDlong+0.0243%1h$781K$669K20x
Injective OP/USDC PERP+0.0248%1h$25K$184K12xas long as short
Reya OPRUSDPERP+0.0431%1h$697—20xas long as short