OP funding rates
OP perpetual funding is currently quoted across 10 venues, ranging from -15.5% to +11.4% APR. The most reliable delta-neutral pairing for OP right now is long Kraken / short Lighter at +16.5% net APR (high risk, ~3.2d to break even).
as of 2026-06-14 06:01 UTC
Best delta-neutral pairing
Long Kraken / Short Lighter
+16.5% net APR
- Backtested (30d)
- +14.5%
- Stability
- 88.5%
- Risk
- high
- Breakeven
- ~3.2d
Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.
Open this tradeOP funding by exchange
| Exchange | Funding APR |
|---|---|
| Extended | +11.39% |
| Hyperliquid | +10.95% |
| Variational | +10.95% |
| Aster | +10.95% |
| Lighter | +10.51% |
| Grvt | +7.99% |
| Paradex | +6.13% |
| dYdX | +0.00% |
| EdgeX | -10.95% |
| Kraken | -15.47% |
Frequently asked
What is the OP funding rate right now?
OP perpetual funding ranges from -15.47% to 11.39% APR across 10 exchanges we track; the widest delta-neutral spread is long Kraken / short Lighter at 16.5% net APR.
Which exchange has the highest OP funding rate?
Extended currently has the highest at 11.39% APR. See the full ranking above.