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

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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 15:00 UTC−0.0004%/8h
paid, last 24h−0.001%paid, last 7 days+0.012%to open and close $10k−$69
Long on KuCoinShort on Lighter
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin OPUSDTM0.12760.0100pay 0.0100% / 8h1h 37m$2.9M$6.7M75x
ShortLighter OP0.12780.0096get 0.0012% / 1h37m 10s$370K$749K15x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$0.84
Slippage, 4 orders
−$57.31
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
−$70.15
Break-even
never at this rate
Slippage from KuCoin: live order book, 7 min ago; Lighter: live order book, 10 min ago.

Price risk

price view
Price gap now
+0.172%
Avg gap 7d
+0.056%
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, 7 min ago7.87 bp27.5 bp −$2868.2 bp −$682doesn't fitdoesn't fit
Sell Lighter live order book, 10 min ago5.12 bp6.5 bp −$735.5 bp −$355doesn'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
Coinbase International OP-PERP-INTX−0.0328%1h$27K$83K50xas long as short
Extended OP-USD−0.0152%1h$102K$214K25xas long as short
Binance OPUSDT−0.0150%8h$20.7M$64.6M75xas long as short
MEXC OP_USDT−0.0150%8h$20.2M$8.8M300xas long as short
Orderly PERP_OP_USDC−0.0073%8h$7K$53K10xas long as short
Variational Omni OP−0.0060%8h$235K$44K—as long as short
BloFin OP-USDT−0.0030%8h$1.0M$581K75xas long as short
dYdX OP-USD0.0000%1h$39K$1010xas long as short
Deribit OP_USDC-PERPETUAL0.0000%1h$48K$202K25xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0001%1h$2K—150xas long as short
Bybit OPUSDT+0.0009%8h$17.9M$27.0M75xas long as short
Injective OP/USDC PERP+0.0033%1h$25K$185K12xas long as short
ApeX Omni OPUSDT+0.0034%1h$46K$710K50xas long as short
Aevo OP-PERP+0.0040%1h$4K—3xas long as short
OKX OP-USDT-SWAP+0.0077%8h$6.0M$32.2M50xas long as short
Lighter OPshort+0.0096%1h$370K$749K15x
Hyperliquid OP+0.0100%1h$4.1M$3.1M5xas long as short
Aster OPUSDT+0.0100%8h$201K$434K10xas long as short
Gate OP_USDT+0.0100%8h$1.8M$1.7M50xas long as short
KuCoin OPUSDTMlong+0.0100%8h$2.9M$6.7M75x
Bitget OPUSDT+0.0100%8h$6.0M$6.0M75xas long as short
BingX OP-USDC+0.0100%8h—$1.6M—as long as short
Backpack OP_USDC_PERP+0.0100%1h$133K$163K10xas long as short
edgeX OPUSDC+0.0100%4h$4K$407K10xas long as short
SoDEX OP-USD+0.0100%1h$163$5K5xas long as short
HTX OP-USDT+0.0100%8h$192K$232K50xas long as short
Kraken Futures PF_OPUSD+0.0142%1h$787K$663K20xas long as short
Reya OPRUSDPERP+0.0430%1h$709—20xas long as short