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

OP

all OP markets
SwapPrice view
Alert
Funding spread now, next payment 20:00 UTC0.0000%/8h
paid, last 24h0.000%paid, last 7 days+0.032%to open and close $10k−$85
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin OPUSDTM0.12480.0100pay 0.0100% / 8h6h 46m$2.9M$7.3M75x
ShortedgeX OPUSDC0.12550.0100get 0.0050% / 4h2h 46m$9K$381K10x

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
−$63.84
Fee KuCoin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$84.84
Break-even
never at this rate
Slippage from KuCoin: live order book, 8 min ago; edgeX: live order book, 59 min ago.

Price risk

price view
Price gap now
+0.556%
Avg gap 7d
−0.033%
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, 8 min ago7.96 bp38.6 bp −$3983.3 bp −$833doesn't fitdoesn't fit
Sell edgeX live order book, 59 min ago3.95 bp11.4 bp −$1172.2 bp −$722doesn't fitdoesn't fit

OP on 29 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
GMX OP/USD [OP-USDC]L −0.1436% / S +0.0290%1h$13K100xas long as short
Coinbase International OP-PERP-INTX−0.0344%1h$21K$75K50xas long as short
Variational Omni OP−0.0133%8h$232K$42Kas long as short
Bybit OPUSDT−0.0107%8h$17.9M$26.2M75xas long as short
Orderly PERP_OP_USDC−0.0070%8h$6K$53K10xas long as short
dYdX OP-USD0.0000%1h$39K$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%1h150xas long as short
MEXC OP_USDT+0.0005%8h$19.9M$8.2M300xas long as short
Binance OPUSDT+0.0005%8h$20.3M$66.1M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Extended OP-USD+0.0008%1h$100K$207K25xas long as short
OKX OP-USDT-SWAP+0.0012%8h$5.9M$31.9M50xas long as short
BloFin OP-USDT+0.0022%8h$843K$576K75xas long as short
Injective OP/USDC PERP+0.0033%1h$25K$134K12xas long as short
Aevo OP-PERP+0.0080%1h$4K3xas long as short
Lighter OP+0.0096%1h$281K$873K15xas long as short
Hyperliquid OP+0.0100%1h$3.9M$3.2M5xas long as short
Aster OPUSDT+0.0100%8h$207K$357K10xas long as short
Gate OP_USDT+0.0100%8h$1.8M$1.4M50xas long as short
KuCoin OPUSDTMlong+0.0100%8h$2.9M$7.3M75x
Bitget OPUSDT+0.0100%8h$5.9M$6.1M75xas long as short
BingX OP-USDC+0.0100%8h$1.6Mas long as short
Backpack OP_USDC_PERP+0.0100%1h$133K$185K10xas long as short
edgeX OPUSDCshort+0.0100%4h$9K$381K10x
ApeX Omni OPUSDT+0.0100%1h$45K$713K50xas long as short
SoDEX OP-USD+0.0100%1h$176$6K5xas long as short
HTX OP-USDT+0.0100%8h$178K$256K50xas long as short
Reya OPRUSDPERP+0.0432%1h$69420xas long as short
Kraken Futures PF_OPUSD+0.0614%1h$775K$673K20xas long as short