OP funding rates
OP perpetual funding is currently quoted across 11 venues, ranging from -44.7% to +11.4% APR. The most reliable delta-neutral pairing for OP right now is long Variational / short Extended at +45.7% net APR (medium risk, ~1.1d to break even).
as of 2026-07-29 10:02 UTC
Best delta-neutral pairing
Long Variational / Short Extended
+45.7% 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.
Open this tradeOP funding by exchange
Frequently asked
What is the OP funding rate right now?
OP perpetual funding ranges from -44.74% to 11.39% APR across 11 exchanges we track; the widest delta-neutral spread is long Variational / short Extended at 45.7% net APR.
Which exchange has the highest OP funding rate?
Extended currently has the highest at 11.39% APR. See the full ranking above.