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

OP

all OP markets
SwapPrice view
Alert
Funding spread now, next payment 00:00 UTC+0.0059%/8h
next payment, per $10,000+$0.59paid, last 24h+0.039%paid, last 7 days+0.073%to open and close $10k−$232
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC OP_USDT0.12410.0041pay 0.0041% / 8h6h 14m$19.9M$8.3M300x
ShortBingX OP-USDC0.12400.0100get 0.0100% / 8h6h 14m$1.6M

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
$12.39
Slippage, 4 orders
−$221.61
Fee MEXC: 0 bp × 2 orders
$0
Fee BingX: 5 bp × 2 orders
−$10
Net
−$219.22
Break-even
130.9 days
Slippage from MEXC: live order book, 1 min ago; BingX: live order book, 9 min ago.

Price risk

price view
Price gap now
−0.073%
Avg gap 7d
−0.037%
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 MEXC live order book, 1 min ago0.40 bp3.1 bp −$331.1 bp −$31175.4 bp −$7,540122.9 bp −$61.4K
Sell BingX live order book, 9 min ago8.06 bp115.7 bp −$116876.6 bp −$8,7661120.4 bp −$112.0Kdoesn't fit

OP on 29 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
GMX OP/USD [OP-USDC]L −0.1711% / S +0.0335%1h$13K100xas long as short
Coinbase International OP-PERP-INTX−0.0344%1h$21K$71K50xas long as short
Variational Omni OP−0.0129%8h$227K$40Kas long as short
Bybit OPUSDT−0.0093%8h$17.5M$25.5M75xas long as short
Orderly PERP_OP_USDC−0.0060%8h$6K$54K10xas long as short
dYdX OP-USD0.0000%1h$38K$1010xas long as short
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0004%1h150xas long as short
Gate OP_USDT+0.0006%8h$1.8M$1.5M50xas long as short
OKX OP-USDT-SWAP+0.0015%8h$5.8M$30.6M50xas long as short
Injective OP/USDC PERP+0.0033%1h$25K$134K12xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Extended OP-USD+0.0040%1h$99K$206K25xas long as short
MEXC OP_USDTlong+0.0041%8h$19.9M$8.3M300x
Binance OPUSDT+0.0045%8h$20.2M$64.3M75xas long as short
Aevo OP-PERP+0.0088%1h$4K3xas long as short
Lighter OP+0.0096%1h$266K$917K15xas long as short
Hyperliquid OP+0.0100%1h$3.9M$3.2M5xas long as short
Aster OPUSDT+0.0100%8h$201K$254K10xas long as short
KuCoin OPUSDTM+0.0100%8h$2.9M$7.3M75xas long as short
Bitget OPUSDT+0.0100%8h$5.8M$5.9M75xas long as short
BingX OP-USDCshort+0.0100%8h$1.6M
Backpack OP_USDC_PERP+0.0100%1h$127K$199K10xas long as short
edgeX OPUSDC+0.0100%4h$9K$382K10xas long as short
ApeX Omni OPUSDT+0.0100%1h$45K$719K50xas long as short
SoDEX OP-USD+0.0100%1h$186$6K5xas long as short
HTX OP-USDT+0.0100%8h$176K$265K50xas long as short
BloFin OP-USDT+0.0162%8h$1.0M$338K75xas long as short
Reya OPRUSDPERP+0.0433%1h$69120xas long as short
Deribit OP_USDC-PERPETUAL+0.0555%1h$44K$202K25xas long as short
Kraken Futures PF_OPUSD+0.0616%1h$771K$674K20xas long as short