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

OP

all OP markets
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Funding spread now, next payment 00:00 UTC+0.0187%/8h
next payment, per $10,000+$1.87paid, last 24h+0.033%paid, last 3 days+0.135%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni OP0.1237−0.0087get 0.0087% / 8h5h 13m$224K$41K
ShortBitget OPUSDT0.12360.0100get 0.0100% / 8h5h 13m$6.0M$6.2M75x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$39.33
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
$27.33
Break-even
2.1 days
Slippage unknown: Variational Omni: RFQ quote, 22 min ago; Bitget: live order book, 6 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.080%
Avg gap 7d
+0.042%
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 Variational Omni RFQ quote, 22 min ago8.10 bpdoesn't fit24.3 bp −$243doesn't fitdoesn't fit
Sell Bitget live order book, 6 min ago4.05 bp12.4 bp −$1232.1 bp −$32198.4 bp −$9,836doesn'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 −0.1162% / S +0.0245%1h$13K100xas long as short
Coinbase International OP-PERP-INTX−0.0336%1h$21K$68K50xas long as short
Variational Omni OPlong−0.0087%8h$224K$41K
Orderly PERP_OP_USDC−0.0033%8h$6K$53K10xas long as short
dYdX OP-USD0.0000%1h$38K$43710xas long as short
Deribit OP_USDC-PERPETUAL0.0000%1h$43K$185K25xas long as short
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0004%1h150xas long as short
OKX OP-USDT-SWAP+0.0042%8h$5.7M$30.2M50xas long as short
Gate OP_USDT+0.0062%8h$1.8M$1.5M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bybit OPUSDT+0.0085%8h$17.9M$26.5M75xas long as short
Lighter OP+0.0096%1h$266K$907K15xas long as short
Hyperliquid OP+0.0100%1h$3.8M$3.1M5xas long as short
Aster OPUSDT+0.0100%8h$212K$268K10xas long as short
Binance OPUSDT+0.0100%8h$19.6M$65.1M75xas long as short
MEXC OP_USDT+0.0100%8h$19.5M$7.4M300xas long as short
KuCoin OPUSDTM+0.0100%8h$3.0M$7.4M75xas long as short
Bitget OPUSDTshort+0.0100%8h$6.0M$6.2M75x
BingX OP-USDT+0.0100%8h$6.5Mas long as short
Backpack OP_USDC_PERP+0.0100%1h$127K$197K10xas long as short
edgeX OPUSDC+0.0100%4h$9K$381K10xas long as short
ApeX Omni OPUSDT+0.0100%1h$44K$720K50xas long as short
SoDEX OP-USD+0.0100%1h$184$6K5xas long as short
HTX OP-USDT+0.0100%8h$176K$259K50xas long as short
Extended OP-USD+0.0104%1h$99K$206K25xas long as short
Aevo OP-PERP+0.0104%1h$4K3xas long as short
BloFin OP-USDT+0.0220%8h$974K$305K75xas long as short
Reya OPRUSDPERP+0.0434%1h$68720xas long as short
Kraken Futures PF_OPUSD+0.0544%1h$769K$770K20xas long as short