OP funding rate on Extended

Funding APR
+11.39%
0.0013% / 1h
Interval
1h
next 11:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
11
listing this pair

Over the last 30 days, OP funding on Extended averaged +11.4% APR and stayed positive 100% of the time, ranging from +9.7% to +11.4%. Right now it pays longs pay shorts at +11.4% APR, settled every 1h across 11 venues we track. The most reliable delta-neutral pairing for OP right now is long Variational / short Extended at +45.4% net APR (medium risk, ~1.1d to break even).

as of 2026-07-29 10:04 UTC

OP funding history on Extendedlast 30d

30d average
+11.38%
Range
10% / 11%
% positive
100%
Volatility
0.1
Best delta-neutral pairing
Long Variational / Short Extended
+45.4% net APR
Backtested (30d)
+6.5%
Stability
100%
Risk
medium
Breakeven
~1.1d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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How OP funding compares across venues

ExchangeFunding APR
Extended+11.39%
Grvt+10.95%
Aster+10.95%
SoDEX+10.95%
dYdX+0.00%
Hyperliquid-8.55%
EdgeX-10.95%
Lighter-12.26%
Paradex-22.52%
Variational-40.73%
Kraken-44.74%

Frequently asked

What is the current OP funding rate on Extended?

OP on Extended is funding at 11.39% APR (0.0013% every 1h), paid longs pay shorts, as of 2026-07-29 10:04 UTC.

How often does Extended pay funding on OP?

Every 1 hour.

How do I earn OP funding without price risk?

Open a delta-neutral position: long Variational and short Extended, currently 45.4% net APR (medium risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy