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

OP

all OP markets
SwapPrice view
Alert
Measured
My alerts

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 17:00 UTC−0.0152%/8h
next payment, per $10,000−$0.19paid, last 24h−0.031%paid, last 7 days−0.068%to open and close $10k−$56
Long on LighterShort on Extended
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter OP0.12630.0096pay 0.0012% / 1h55m 14s$283K$827K15x
ShortExtended OP-USD0.1262−0.0056pay 0.0007% / 1h55m 14s$101K$212K25x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$31.92
Slippage, 4 orders
−$50.59
Fee Lighter: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$87.51
Break-even
never at this rate
Slippage from Lighter: live order book, 47 min ago; Extended: live order book, 54 min ago.

Price risk

price view
Price gap now
−0.066%
Avg gap 7d
−0.107%
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 Lighter live order book, 47 min ago4.73 bp5.5 bp −$535.5 bp −$355doesn't fitdoesn't fit
Sell Extended live order book, 54 min ago11.78 bp20.9 bp −$21144.7 bp −$1,447doesn'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−0.0304%1h$22K$90K50xas long as short
Bybit OPUSDT−0.0169%8h$17.9M$28.0M75xas long as short
Variational Omni OP−0.0078%8h$232K$46K—as long as short
Orderly PERP_OP_USDC−0.0077%8h$6K$54K10xas long as short
MEXC OP_USDT−0.0063%8h$20.2M$8.7M300xas long as short
Binance OPUSDT−0.0060%8h$20.9M$69.2M75xas long as short
Extended OP-USDshort−0.0056%1h$101K$212K25x
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——150xas long as short
Injective OP/USDC PERP+0.0033%1h$25K$184K12xas long as short
OKX OP-USDT-SWAP+0.0038%8h$6.0M$33.4M50xas long as short
BloFin OP-USDT+0.0053%8h$1.0M$583K75xas long as short
Aevo OP-PERP+0.0064%1h$4K—3xas long as short
Lighter OPlong+0.0096%1h$283K$827K15x
Hyperliquid OP+0.0100%1h$3.9M$3.3M5xas long as short
Aster OPUSDT+0.0100%8h$214K$470K10xas long as short
Gate OP_USDT+0.0100%8h$1.8M$1.6M50xas long as short
KuCoin OPUSDTM+0.0100%8h$2.9M$7.4M75xas long as short
Bitget OPUSDT+0.0100%8h$6.0M$6.6M75xas long as short
BingX OP-USDT+0.0100%8h—$6.9M—as long as short
Backpack OP_USDC_PERP+0.0100%1h$138K$183K10xas long as short
edgeX OPUSDC+0.0100%4h$8K$379K10xas long as short
ApeX Omni OPUSDT+0.0100%1h$45K$713K50xas long as short
SoDEX OP-USD+0.0100%1h$189$5K5xas long as short
HTX OP-USDT+0.0100%8h$180K$275K50xas long as short
Reya OPRUSDPERP+0.0431%1h$701—20xas long as short
Kraken Futures PF_OPUSD+0.0471%1h$783K$677K20xas long as short