OP (OPUSDT) funding rates by exchange
The current funding rate for every OP perpetual we track, venue by venue, with 7-day and 30-day accumulated funding and the annualised rate. A positive rate means longs pay shorts.
- Exchanges
- 20
- Venue spread
- 0.045%
- Pays most
- XT.com
- 24h volume
- $153.5M
Right now XT.com pays +0.0383% per settlement and Kraken pays -0.0065% — that gap is what a funding-arbitrage position captures.
Right now 19 of the 20 OP contracts carry a positive rate and the rest are negative. The sign itself differs by venue, which is the cleanest setup for a funding trade: collect on one leg instead of merely paying less on it.
Over the last 30 days the most OP funding accumulated on XT.com, at +1.61% — worth checking against the current rate, because the leader on accumulated funding is often not the leader today.
OP also trades as an inverse, coin-margined contract on Aster, Bybit. Inverse funding is quoted against a USD-denominated contract and settles in OP itself, so it moves independently of the USDT-margined rate above.
Funding history for OP
Pick up to three venues below the chart, or click a row in the table. Drag to move through the history, scroll to zoom. Each dot is one settled day; above the dashed line the shorts are paid, below it the longs.
Click a column header to sort · use Columns to show or hide metrics
| Exchange | Contract | Current rate | APR | 7d sum | 30d sum | 30d trend | 24h volume |
|---|---|---|---|---|---|---|---|
 XT.com |
OP-USDT | +0.0383% | +38.0% | +0.45% | +1.61% | $6.1M | |
 BloFin |
OP-USDT | +0.0103% | +7.4% | +0.32% | +1.26% | $320K | |
 OKX |
OP-USDT | +0.01% | +7.3% | +0.11% | +0.39% | $20.5M | |
 Bitget |
OP-USDT | +0.01% | +7.1% | +0.21% | +0.79% | $4.6M | |
 BingX |
OP-USDT | +0.01% | +7.3% | +0.21% | +0.85% | $8M | |
 Bybit |
OP-USDT | +0.01% | +7.2% | +0.13% | +0.48% | $18.5M | |
 WhiteBIT |
OP-USDT | +0.01% | +7.2% | +0.15% | +0.59% | $5.4M | |
 Aster |
OP-USDT | +0.01% | +7.3% | +0.21% | +0.90% | $89K | |
| OKX EEA |
OP-USDT | +0.01% | +7.3% | +0.21% | +0.90% | $188K | |
 HTX |
OP-USDT | +0.01% | +7.2% | +0.21% | +0.94% | $218K | |
 KuCoin |
OP-USDT | +0.0079% | +4.8% | +0.14% | +0.70% | $2.5M | |
 Toobit |
OP-USDT | +0.0077% | +4.5% | +0.11% | +0.41% | $3.9M | |
 Binance |
OP-USDT | +0.0077% | +4.7% | +0.11% | +0.35% | $48.6M | |
 WEEX |
OP-USDT | +0.0075% | +4.3% | +0.11% | +0.35% | $476K | |
 LBank |
OP-USDT | +0.0075% | +4.3% | +0.11% | +0.35% | $25.3M | |
 MEXC |
OP-USDT | +0.0075% | +5.3% | +0.11% | +0.35% | $5.6M | |
 Gate.io |
OP-USDT | +0.0028% | -0.6% | +0.02% | +0.37% | $1.1M | |
 Hyperliquid |
OP-USDT | +0.0013% | +7.7% | +0.17% | +0.09% | $1.8M | |
 Lighter |
OP-USDT | +0.0012% | +8.1% | +0.20% | +0.16% | $125K | |
 Kraken |
OP-USDT | -0.0065% | -60.6% | +0.08% | +0.13% | $488K |
Rates come straight from exchange data and change at every settlement; APR annualises the current rate at the contract's own funding interval. Market data, not investment advice.
Other coins
Funding rates by coin →
POL
ICP
TON
CRV
METASTOCK
PENDLE
CHEEMS
LDO
QQQSTOCK
SAGA
FARTCOIN
TIAFrequently asked questions
What is the OP funding rate right now?
OP funding currently ranges from +0.0383% on XT.com down to -0.0065% on Kraken per settlement — the table above lists every venue. A positive rate means long positions pay short positions at the next settlement; a negative rate means the reverse.
Which exchange pays the highest OP funding?
At the moment XT.com shows the highest OP funding rate. This changes at every settlement, so trust the live ranking above rather than any fixed answer.
How do you trade the OP funding difference?
You hold offsetting positions on two venues — long where funding is negative, short where it is positive — so price exposure cancels out and you collect the difference at each settlement. On OP that difference is currently 0.045% per settlement, before the trading fees on both legs.
What an Arbitron subscription unlocks
- The full ranking, including the hidden top opportunities
- Telegram alerts on your own filters
- Fully automated execution on your own dedicated server