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

OP

all OP markets
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Funding spread now, next payment 19:00 UTC+0.0031%/8h
paid, last 24h+0.037%paid, last 7 days+0.054%to open and close $10k−$47
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC OP_USDT0.12430.0065pay 0.0065% / 8h5h 53m$19.7M$7.3M300x
ShortLighter OP0.12440.0096get 0.0012% / 1h53m 24s$268K$904K15x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$6.51
Slippage, 4 orders
−$46.9
Fee MEXC: 0 bp × 2 orders
$0
Fee Lighter: 0 bp × 2 orders
$0
Net
−$40.39
Break-even
50.4 days
Slippage from MEXC: live order book, 2 min ago; Lighter: live order book, 39 min ago.

Price risk

price view
Price gap now
+0.072%
Avg gap 7d
+0.034%
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, 2 min ago0.40 bp2.6 bp −$35.4 bp −$5451.0 bp −$5,099110.2 bp −$55.1K
Sell Lighter live order book, 39 min ago5.62 bp26.2 bp −$2662.6 bp −$626doesn't fitdoesn't fit

OP on 29 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective OP/USDC PERP−0.1842%1h$34K$86K12xas long as short
GMX OP/USD [OP-USDC]L −0.1436% / S +0.0290%1h$13K100xas long as short
Coinbase International OP-PERP-INTX−0.0336%1h$21K$68K50xas long as short
Variational Omni OP−0.0120%8h$224K$42Kas long as short
Orderly PERP_OP_USDC−0.0053%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
Bybit OPUSDT+0.0007%8h$18.0M$26.7M75xas long as short
OKX OP-USDT-SWAP+0.0017%8h$5.7M$31.1M50xas long as short
MEXC OP_USDTlong+0.0065%8h$19.7M$7.3M300x
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Gate OP_USDT+0.0068%8h$1.8M$1.4M50xas long as short
Binance OPUSDT+0.0070%8h$19.7M$66.5M75xas long as short
Extended OP-USD+0.0072%1h$99K$206K25xas long as short
Lighter OPshort+0.0096%1h$268K$904K15x
Aevo OP-PERP+0.0096%1h$4K3xas long as short
Hyperliquid OP+0.0100%1h$3.8M$3.2M5xas long as short
Aster OPUSDT+0.0100%8h$212K$266K10xas long as short
KuCoin OPUSDTM+0.0100%8h$2.9M$7.5M75xas long as short
Bitget OPUSDT+0.0100%8h$5.9M$6.3M75xas long as short
BingX OP-USDC+0.0100%8h$1.6Mas long as short
Backpack OP_USDC_PERP+0.0100%1h$127K$200K10xas long as short
edgeX OPUSDC+0.0100%4h$9K$378K10xas long as short
ApeX Omni OPUSDT+0.0100%1h$44K$718K50xas long as short
SoDEX OP-USD+0.0100%1h$202$6K5xas long as short
HTX OP-USDT+0.0100%8h$177K$273K50xas long as short
BloFin OP-USDT+0.0184%8h$1.0M$335K75xas long as short
Reya OPRUSDPERP+0.0433%1h$69120xas long as short
Kraken Futures PF_OPUSD+0.0541%1h$772K$784K20xas long as short
Deribit OP_USDC-PERPETUAL+0.0555%1h$43K$188K25xas long as short