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

OP

all OP markets
SwapPrice view
Alert
Funding spread now, next payment 18:00 UTC+0.0001%/8h
paid, last 24h+0.009%paid, last 5 days−0.136%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC OP_USDT0.1260−0.0001get 0.0001% / 8h6h 51m$20.0M$8.1M300x
ShortdYdX OP-USD0.12560get 0.0000% / 1h51m 16s$39K$1010x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
$0.21
Slippage, 4 orders
no order book: not counted
Fee MEXC: 0 bp × 2 orders
$0
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$9.79
Break-even
333.3 days
Slippage unknown: MEXC: live order book, 4 min ago; dYdX: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
−0.262%
Avg gap 7d
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, 4 min ago2.39 bp5.5 bp −$522.7 bp −$22777.7 bp −$7,771125.5 bp −$62.7K
Sell dYdX no order-book sample
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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$76K50xas long as short
Bybit OPUSDT−0.0158%8h$18.1M$26.4M75xas long as short
Variational Omni OP−0.0132%8h$232K$42Kas long as short
Orderly PERP_OP_USDC−0.0070%8h$6K$53K10xas long as short
MEXC OP_USDTlong−0.0001%8h$20.0M$8.1M300x
dYdX OP-USDshort0.0000%1h$39K$1010x
Extended OP-USD0.0000%1h$100K$205K25xas long as short
Deribit OP_USDC-PERPETUAL0.0000%1h$47K$200K25xas long as short
Binance OPUSDT+0.0002%8h$20.5M$66.6M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0004%1h150xas long as short
OKX OP-USDT-SWAP+0.0015%8h$5.9M$32.4M50xas 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$282K$871K15xas long as short
Hyperliquid OP+0.0100%1h$3.9M$3.2M5xas long as short
Aster OPUSDT+0.0100%8h$209K$469K10xas long as short
Gate OP_USDT+0.0100%8h$1.8M$1.4M50xas long as short
KuCoin OPUSDTM+0.0100%8h$2.9M$7.3M75xas long as short
Bitget OPUSDT+0.0100%8h$6.0M$6.2M75xas long as short
BingX OP-USDC+0.0100%8h$1.6Mas long as short
Backpack OP_USDC_PERP+0.0100%1h$134K$186K10xas long as short
edgeX OPUSDC+0.0100%4h$11K$378K10xas long as short
ApeX Omni OPUSDT+0.0100%1h$45K$713K50xas long as short
SoDEX OP-USD+0.0100%1h$172$6K5xas long as short
HTX OP-USDT+0.0100%8h$179K$262K50xas long as short
BloFin OP-USDT+0.0100%8h$1.0M$579K75xas long as short
Reya OPRUSDPERP+0.0432%1h$69920xas long as short
Kraken Futures PF_OPUSD+0.0608%1h$783K$674K20xas long as short