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

OP

all OP markets
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Funding spread now, next payment 17:00 UTC−0.0332%/8h
paid, last 24h−0.097%paid, last 3 days−0.138%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya OPRUSDPERP0.12670.0432pay 0.0054% / 1h34m 37s$70520x
ShortHTX OP-USDT0.12660.0100get 0.0100% / 8h7h 34m$182K$272K50x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$69.65
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee HTX: 6 bp × 2 orders
−$12
Net
−$87.65
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; HTX: live order book, 9 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.101%
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 Reya no order-book sample
Sell HTX live order book, 9 min ago6.68 bp14.4 bp −$14doesn't fitdoesn't fitdoesn't fit
Reya: 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 −0.1162% / S +0.0245%1h$13K100xas long as short
Deribit OP_USDC-PERPETUAL−0.0539%1h$47K$200K25xas long as short
Coinbase International OP-PERP-INTX−0.0304%1h$22K$91K50xas long as short
Bybit OPUSDT−0.0221%8h$17.9M$28.0M75xas long as short
Variational Omni OP−0.0095%8h$235K$46Kas long as short
Orderly PERP_OP_USDC−0.0075%8h$6K$53K10xas long as short
Binance OPUSDT−0.0029%8h$20.9M$69.2M75xas long as short
MEXC OP_USDT−0.0027%8h$20.2M$8.8M300xas long as short
Extended OP-USD−0.0024%1h$101K$212K25xas long as short
dYdX OP-USD0.0000%1h$39K$1010xas 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
Injective OP/USDC PERP+0.0033%1h$25K$184K12xas long as short
OKX OP-USDT-SWAP+0.0035%8h$6.0M$33.6M50xas long as short
Aevo OP-PERP+0.0072%1h$4K3xas long as short
BloFin OP-USDT+0.0093%8h$1.0M$584K75xas long as short
Lighter OP+0.0096%1h$285K$862K15xas long as short
Hyperliquid OP+0.0100%1h$3.9M$3.3M5xas long as short
Aster OPUSDT+0.0100%8h$214K$465K10xas long as short
Gate OP_USDT+0.0100%8h$1.8M$1.6M50xas long as short
KuCoin OPUSDTM+0.0100%8h$2.8M$7.4M75xas long as short
Bitget OPUSDT+0.0100%8h$6.0M$6.5M75xas long as short
BingX OP-USDC+0.0100%8h$1.6Mas long as short
edgeX OPUSDC+0.0100%4h$9K$380K10xas long as short
ApeX Omni OPUSDT+0.0100%1h$46K$712K50xas long as short
SoDEX OP-USD+0.0100%1h$184$6K5xas long as short
HTX OP-USDTshort+0.0100%8h$182K$272K50x
Backpack OP_USDC_PERP+0.0118%1h$135K$185K10xas long as short
Reya OPRUSDPERPlong+0.0432%1h$70520x
Kraken Futures PF_OPUSD+0.0470%1h$786K$681K20xas long as short