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 00:00 UTC0.0000%/8h
next payment, per $10,000+$0.00paid, last 24h−0.039%paid, last 7 days−0.043%to open and close $10k−$70
Long on KuCoinShort on Binance
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin OPUSDTM0.12380.0100pay 0.0100% / 8h5h 09m$3.0M$7.4M75x
ShortBinance OPUSDT0.12390.0100get 0.0100% / 8h5h 09m$19.6M$64.9M75x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
−$48.39
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$70.39
Break-even
never at this rate
Slippage from KuCoin: live order book, 5 min ago; Binance: live order book, 4 min ago.

Price risk

price view
Price gap now
+0.063%
Avg gap 7d
+0.055%
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 KuCoin live order book, 5 min ago4.05 bp24.0 bp −$2475.1 bp −$751doesn't fitdoesn't fit
Sell Binance live order book, 4 min ago0.81 bp10.7 bp −$1121.1 bp −$21184.0 bp −$8,397doesn't fit

OP on 29 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective OP/USDC PERP−0.1842%1h$34K$86K12xas long as short
GMX OP/USD [OP-USDC]L −0.1162% / S +0.0245%1h$13K—100xas long as short
Coinbase International OP-PERP-INTX−0.0336%1h$21K$66K50xas long as short
Variational Omni OP−0.0081%8h$225K$43K—as long as short
Orderly PERP_OP_USDC−0.0029%8h$6K$53K10xas long as short
dYdX OP-USD0.0000%1h$38K$43710xas long as short
Deribit OP_USDC-PERPETUAL0.0000%1h$43K$185K25xas long as short
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0004%1h——150xas long as short
OKX OP-USDT-SWAP+0.0048%8h$5.7M$30.2M50xas long as short
Gate OP_USDT+0.0073%8h$1.8M$1.5M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Lighter OP+0.0096%1h$267K$907K15xas long as short
Hyperliquid OP+0.0100%1h$3.8M$3.1M5xas long as short
Aster OPUSDT+0.0100%8h$212K$266K10xas long as short
Binance OPUSDTshort+0.0100%8h$19.6M$64.9M75x
Bybit OPUSDT+0.0100%8h$18.0M$26.5M75xas long as short
MEXC OP_USDT+0.0100%8h$19.5M$7.4M300xas long as short
KuCoin OPUSDTMlong+0.0100%8h$3.0M$7.4M75x
Bitget OPUSDT+0.0100%8h$6.0M$6.2M75xas long as short
BingX OP-USDC+0.0100%8h—$1.6M—as long as short
Backpack OP_USDC_PERP+0.0100%1h$127K$197K10xas long as short
edgeX OPUSDC+0.0100%4h$9K$380K10xas long as short
ApeX Omni OPUSDT+0.0100%1h$44K$720K50xas long as short
SoDEX OP-USD+0.0100%1h$182$6K5xas long as short
HTX OP-USDT+0.0100%8h$176K$259K50xas long as short
Extended OP-USD+0.0104%1h$99K$206K25xas long as short
Aevo OP-PERP+0.0104%1h$4K—3xas long as short
BloFin OP-USDT+0.0220%8h$975K$305K75xas long as short
Reya OPRUSDPERP+0.0434%1h$688—20xas long as short
Kraken Futures PF_OPUSD+0.0544%1h$769K$770K20xas long as short