OPN funding rates and arbitrage
Updated 2026-10-30 05:09 UTC
Best OPN arbitrage after every cost
No OPN pair nets a profit at this size right now.
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
OPN funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| BloFin | OPN-USDT | 0.0062% | 4 h | +13.6% | +9.3% | $131.7K | 2026-10-30 08:00 |
| MEXC | OPN_USDT | 0.0050% | 4 h | +10.9% | +8.2% | $294.6K | 2026-10-30 08:00 |
| WhiteBIT | OPN_PERP | 0.0050% | 4 h | +10.9% | +11.1% | $682.9K | 2026-10-30 08:00 |
| OKX | OPN-USDT-SWAP | 0.0050% | 4 h | +10.9% | +14.7% | $670.7K | 2026-10-30 08:00 |
| LBank | OPNUSDT | 0.0050% | 4 h | +10.9% | — | — | 2026-10-30 08:00 |
| Bitget | OPNUSDT | 0.0050% | 4 h | +10.9% | +11.1% | $539.4K | 2026-10-30 08:00 |
| KuCoin | OPNUSDTM | 0.0050% | 4 h | +10.9% | +11.1% | $100.9K | 2026-10-30 08:00 |
| BingX | OPN-USDT | 0.0050% | 4 h | +10.9% | +14.6% | $549.3K | 2026-10-30 08:00 |
| Binance | OPNUSDT | 0.0050% | 4 h | +10.9% | +8.2% | $3M | 2026-10-30 08:00 |
| Gate | OPN_USDT | 0.0050% | 4 h | +10.9% | +13.9% | $57.9K | 2026-10-30 08:00 |
| Bitunix | OPNUSDT | 0.0045% | 4 h | +9.9% | +8.1% | — | 2026-10-30 08:00 |
| Bybit | OPNUSDT | 0.0008% | 4 h | +1.7% | +1.3% | $455.6K | 2026-10-30 08:00 |
| Aster | OPNUSDT | -0.0029% | 4 h | −6.3% | +0.2% | $8K | 2026-10-30 08:00 |
| Kraken | PF_OPNUSD | -0.0237% | 1 h | −207.2% | +35.7% | $7.8K | 2026-10-30 06:00 |
Borrow OPN to sell spot
| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Bitget | 1.04% | — |
| Bybit | 48.47% | — |
| Binance | 54.09% | — |
Cost to enter $10,000 of OPN
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| MEXC | OPN_USDT | 5.4 bp | top of book only |
| Binance | OPNUSDT | 7.3 bp | top of book only |
| BingX | OPN-USDT | 8.4 bp | top of book only |
| BloFin | OPN-USDT | 9.4 bp | top of book only |
| Gate | OPN_USDT | 12.0 bp | top of book only |
| Bybit | OPNUSDT | 12.3 bp | top of book only |
| OKX | OPN-USDT-SWAP | 12.9 bp | top of book only |
| Aster | OPNUSDT | 13.0 bp | top of book only |
| Bitget | OPNUSDT | 13.9 bp | top of book only |
| Bybit | OPNUSDT (spot) | 17.9 bp | top of book only |
| Binance | OPNUSDT (spot) | 21.3 bp | top of book only |
| KuCoin | OPNUSDTM | 24.0 bp | top of book only |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees.
More on OPN
Questions
Is OPN funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no OPN pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.
Which exchange has the highest OPN funding rate?
BloFin at +13.6% a year (0.0062% every 4 h); the lowest is Kraken at −207.2%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.