Optimism (OP) Funding Rate History
Optimism (OP) perpetual futures funding ranges from -7.80 bps on WOOFIPRO to 1.10 bps on BINGX across 21 reporting venues, a spread of 8.90 bps. The most extreme rate (-85.41% APY annualized) is on WOOFIPRO. Currently funding signs are mixed: 20 positive, 1 negative.
A non-zero funding rate spread between venues is the basis for delta-neutral funding arbitrage: long the cheaper-funding exchange and short the more expensive one to capture the spread without picking a side on OP price.
OP Per-Exchange Funding Rates
| Exchange | Current Funding (bps) | Funding APY | 7-Day Avg Funding (bps) | 24h Volume |
|---|---|---|---|---|
| WOOFIPRO | -7.80 bps | -85.41% APY | -0.30 bps | $0 |
| BINGX | 1.10 bps | 12.04% APY | 1.00 bps | $6.52M |
| BYBIT | 1.00 bps | 10.95% APY | 0.20 bps | $7.78M |
| OKX | 1.00 bps | 10.95% APY | 0.60 bps | $6.35M |
| GRVT | 1.00 bps | 10.95% APY | 1.00 bps | $5.36M |
| PHEMEX | 1.00 bps | 10.95% APY | 1.00 bps | $2.89M |
| BITGET | 1.00 bps | 10.95% APY | 0.60 bps | $2.55M |
| MEXC | 1.00 bps | 10.95% APY | 0.60 bps | $2.43M |
| KUCOIN | 1.00 bps | 10.95% APY | 0.10 bps | $1.35M |
| HYPERLIQUID | 1.00 bps | 10.95% APY | -0.40 bps | $516.48K |
| VARIATIONAL | 1.00 bps | 10.95% APY | 0.00 bps | $109.87K |
| EXTENDED | 1.00 bps | 10.95% APY | 1.00 bps | $56.15K |
| LIGHTER | 1.00 bps | 10.95% APY | 0.90 bps | $47.62K |
| HUOBI | 1.00 bps | 10.95% APY | 1.00 bps | $25.46K |
| ASTER | 1.00 bps | 10.95% APY | 1.00 bps | $13.86K |
| PARADEX | 0.70 bps | 7.66% APY | 0.10 bps | $0 |
| COINBASE INTL | 0.40 bps | 4.38% APY | 1.10 bps | $342.44K |
| BINANCE | 0.30 bps | 3.28% APY | 0.60 bps | $23.19M |
| GATEIO | 0.30 bps | 3.28% APY | 0.10 bps | $719.75K |
| CRYPTOCOM | 0.20 bps | 2.19% APY | 9.20 bps | $6.81K |
| REYA | 0.20 bps | 2.19% APY | 1.60 bps | $0 |
Last updated 2026-07-16T05:51:25Z (UTC).
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Related: OP open interest, OP volume, OP perp market data.