Optimism (OP) Funding Rate History
Optimism (OP) perpetual futures funding ranges from -36.40 bps on CRYPTOCOM to 1.10 bps on BINGX across 22 reporting venues, a spread of 37.50 bps. The most extreme rate (-398.58% APY annualized) is on CRYPTOCOM. Currently funding signs are mixed: 10 positive, 12 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 |
|---|---|---|---|---|
| CRYPTOCOM | -36.40 bps | -398.58% APY | 4.00 bps | $12.52K |
| PARADEX | -6.30 bps | -68.98% APY | -4.10 bps | $0 |
| EXTENDED | -4.20 bps | -45.99% APY | 0.70 bps | $58.43K |
| HYPERLIQUID | -3.10 bps | -33.95% APY | -1.10 bps | $848.73K |
| DRIFT | -2.70 bps | -29.57% APY | n/a | $0 |
| KUCOIN | -1.90 bps | -20.80% APY | -0.50 bps | $1.81M |
| GRVT | -1.60 bps | -17.52% APY | -0.40 bps | $4.55M |
| BINANCE | -1.20 bps | -13.14% APY | -0.10 bps | $23.59M |
| WOOFIPRO | -1.20 bps | -13.14% APY | -1.10 bps | $127.38 |
| BINGX | 1.10 bps | 12.04% APY | 1.00 bps | $6.78M |
| HUOBI | 1.00 bps | 10.95% APY | 5.70 bps | $15.01M |
| OKX | 1.00 bps | 10.95% APY | 0.40 bps | $7.99M |
| PHEMEX | 1.00 bps | 10.95% APY | 0.60 bps | $3.92M |
| BITGET | 1.00 bps | 10.95% APY | 0.60 bps | $2.08M |
| MEXC | 1.00 bps | 10.95% APY | -0.10 bps | $1.96M |
| LIGHTER | 1.00 bps | 10.95% APY | 1.00 bps | $428.66K |
| ASTER | 1.00 bps | 10.95% APY | 1.00 bps | $3.31K |
| EDGEX | -1.00 bps | -10.95% APY | 0.70 bps | $0 |
| BYBIT | 0.80 bps | 8.76% APY | 0.30 bps | $12.89M |
| GATEIO | 0.80 bps | 8.76% APY | 0.10 bps | $372.50K |
| REYA | -0.50 bps | -5.47% APY | 1.10 bps | $0 |
| VARIATIONAL | -0.10 bps | -1.09% APY | 0.50 bps | $96.61K |
Last updated 2026-06-01T08:35:01.906973Z (UTC).
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Related: OP open interest, OP volume, OP perp market data.