OP funding rates
OP perpetual funding is currently quoted across 10 venues, ranging from -11.0% to +38.4% APR. The most reliable delta-neutral pairing for OP right now is long TxFlow / short Lighter at +1.5% net APR (high risk, ~4.3d to break even).
as of 2026-10-27 23:42 UTC
Best delta-neutral pairing
Long TxFlow / Short Lighter
+1.5% net APR
- Backtested (30d)
- +4.7%
- Stability
- 87.1%
- Risk
- high
- Breakeven
- ~4.3d
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 |
|---|---|
| Kraken | +38.43% |
| SoDEX | +10.95% |
| Aster | +10.95% |
| Lighter | +10.51% |
| Grvt | +7.99% |
| TxFlow | +3.99% |
| dYdX | +0.00% |
| Variational | -2.19% |
| Extended | -6.13% |
| Hyperliquid | -10.97% |
Frequently asked
What is the OP funding rate right now?
OP perpetual funding ranges from -10.97% to 38.43% APR across 10 exchanges we track; the widest delta-neutral spread is long TxFlow / short Lighter at 1.5% net APR.
Which exchange has the highest OP funding rate?
Kraken currently has the highest at 38.43% APR. See the full ranking above.