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 UTC0.0000%/8h
next payment, per $10,000+$0.00paid, last 24h−0.031%paid, last 7 days−0.158%to open and close $10k−$103
Long on KuCoinShort on Gate
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin OPUSDTM0.12920.0100pay 0.0100% / 8h2h 34m$2.9M$6.4M75x
ShortGate OP_USDT0.12930.0100get 0.0100% / 8h2h 34m$1.8M$1.7M50x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
−$75.99
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$102.99
Break-even
never at this rate
Slippage from KuCoin: live order book, 10 min ago; Gate: live order book, 5 min ago.

Price risk

price view
Price gap now
+0.062%
Avg gap 7d
+0.020%
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, 10 min ago3.85 bp31.2 bp −$3182.8 bp −$828doesn't fitdoesn't fit
Sell Gate live order book, 5 min ago7.31 bp23.3 bp −$2369.6 bp −$696doesn't fitdoesn't fit

OP on 29 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
GMX OP/USD [OP-USDC]L −0.1208% / S +0.0249%1h$13K—100xas 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−0.0105%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$36K—as 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%1h——150xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bybit OPUSDT+0.0010%8h$18.2M$26.2M75xas long as short
BloFin OP-USDT+0.0014%8h$1.1M$572K75xas long as short
Injective OP/USDC PERP+0.0033%1h$25K$185K12xas long as short
Aevo OP-PERP+0.0056%1h$4K—3xas long as short
OKX OP-USDT-SWAP+0.0068%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_USDTshort+0.0100%8h$1.8M$1.7M50x
KuCoin OPUSDTMlong+0.0100%8h$2.9M$6.4M75x
Bitget OPUSDT+0.0100%8h$6.1M$5.7M75xas long as short
BingX OP-USDC+0.0100%8h—$1.6M—as long as short
Backpack OP_USDC_PERP+0.0100%1h$136K$154K10xas long as short
edgeX OPUSDC+0.0100%4h$4K$407K10xas 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+0.0151%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$718—20xas long as short