diff --git a/README.md b/README.md
index 429adc7..d4dc1d3 100644
--- a/README.md
+++ b/README.md
@@ -114,6 +114,8 @@ Specifies a custom filename template for the target file(s) using the query
 parameter `name`. For example, to copy a file from your `context` directory into
 the output directory retaining the full directory structure, you might use:
 
+#### `String`
+
 ```js
 // webpack.config.js
 {
@@ -124,7 +126,7 @@ the output directory retaining the full directory structure, you might use:
 }
 ```
 
-Or using a `Function`:
+#### `Function`
 
 ```js
 // webpack.config.js
@@ -154,6 +156,8 @@ Default: `undefined`
 
 Specify a filesystem path where the target file(s) will be placed.
 
+#### `String`
+
 ```js
 // webpack.config.js
 ...
@@ -167,6 +171,28 @@ Specify a filesystem path where the target file(s) will be placed.
 ...
 ```
 
+#### `Function`
+
+```js
+// webpack.config.js
+...
+{
+  loader: 'file-loader',
+  options: {
+    name: '[path][name].[ext]',
+    outputPath: (url, resourcePath) => {
+      // `resourcePath` is original absolute path to asset
+      if (/my-custom-image\.png/.test(resourcePath)) {
+        return `other_output_path/${url}`
+      }
+
+      return `output_path/${url}`;
+    },
+  }
+}
+...
+```
+
 ### `publicPath`
 
 Type: `String|Function`
@@ -174,6 +200,8 @@ Default: [`__webpack_public_path__`](https://webpack.js.org/api/module-variables
 
 Specifies a custom public path for the target file(s).
 
+#### `String`
+
 ```js
 // webpack.config.js
 ...
@@ -187,6 +215,28 @@ Specifies a custom public path for the target file(s).
 ...
 ```
 
+#### `Function`
+
+```js
+// webpack.config.js
+...
+{
+  loader: 'file-loader',
+  options: {
+    name: '[path][name].[ext]',
+    publicPath: (url, resourcePath) {
+      // `resourcePath` is original absolute path to asset
+      if (/my-custom-image\.png/.test(resourcePath)) {
+        return `other_public_path/${url}`
+      }
+
+      return `public_path/${url}`;
+    }
+  }
+}
+...
+```
+
 ### `regExp`
 
 Type: `RegExp`
diff --git a/src/index.js b/src/index.js
index a63d59e..9ddcaf1 100644
--- a/src/index.js
+++ b/src/index.js
@@ -22,7 +22,7 @@ export default function loader(content) {
 
   if (options.outputPath) {
     if (typeof options.outputPath === 'function') {
-      outputPath = options.outputPath(url);
+      outputPath = options.outputPath(url, this.resourcePath);
     } else {
       outputPath = path.posix.join(options.outputPath, url);
     }
@@ -55,7 +55,7 @@ export default function loader(content) {
 
   if (options.publicPath) {
     if (typeof options.publicPath === 'function') {
-      publicPath = options.publicPath(url);
+      publicPath = options.publicPath(url, this.resourcePath);
     } else if (options.publicPath.endsWith('/')) {
       publicPath = options.publicPath + url;
     } else {
diff --git a/test/__snapshots__/outputPath-option.test.js.snap b/test/__snapshots__/outputPath-option.test.js.snap
index 4328ebe..13b79ca 100644
--- a/test/__snapshots__/outputPath-option.test.js.snap
+++ b/test/__snapshots__/outputPath-option.test.js.snap
@@ -9,6 +9,15 @@ Object {
 }
 `;
 
+exports[`when applied with \`outputPath\` option matches snapshot for \`{Function}\` value and pass \`resourcePath\` 1`] = `
+Object {
+  "assets": Array [
+    "output_path_func/9c87cbf3ba33126ffd25ae7f2f6bbafb.png",
+  ],
+  "source": "module.exports = __webpack_public_path__ + \\"output_path_func/9c87cbf3ba33126ffd25ae7f2f6bbafb.png\\";",
+}
+`;
+
 exports[`when applied with \`outputPath\` option matches snapshot for \`{Function}\` value with \`options.name\` 1`] = `
 Object {
   "assets": Array [
diff --git a/test/__snapshots__/publicPath-option.test.js.snap b/test/__snapshots__/publicPath-option.test.js.snap
index 52cc6d8..8f92bb1 100644
--- a/test/__snapshots__/publicPath-option.test.js.snap
+++ b/test/__snapshots__/publicPath-option.test.js.snap
@@ -9,6 +9,15 @@ Object {
 }
 `;
 
+exports[`when applied with \`publicPath\` option matches snapshot for \`{Function}\` value and pass \`resourcePath\` 1`] = `
+Object {
+  "assets": Array [
+    "9c87cbf3ba33126ffd25ae7f2f6bbafb.png",
+  ],
+  "source": "module.exports = \\"public_path/9c87cbf3ba33126ffd25ae7f2f6bbafb.png\\";",
+}
+`;
+
 exports[`when applied with \`publicPath\` option matches snapshot for \`{String}\` value 1`] = `
 Object {
   "assets": Array [
diff --git a/test/outputPath-option.test.js b/test/outputPath-option.test.js
index a6e565f..8998151 100644
--- a/test/outputPath-option.test.js
+++ b/test/outputPath-option.test.js
@@ -103,7 +103,7 @@ describe('when applied with `outputPath` option', () => {
       },
     };
 
-    const stats = await webpack('fixture.js', config);
+    const stats = await webpack('nested/fixture.js', config);
     const [module] = stats.toJson().modules;
     const { assets, source } = module;
 
@@ -189,4 +189,25 @@ describe('when applied with `outputPath` option', () => {
 
     expect({ assets, source }).toMatchSnapshot();
   });
+
+  it('matches snapshot for `{Function}` value and pass `resourcePath`', async () => {
+    const config = {
+      loader: {
+        test: /(png|jpg|svg)/,
+        options: {
+          outputPath(url, resourcePath) {
+            expect(resourcePath).toMatch('file.png');
+
+            return `output_path_func/${url}`;
+          },
+        },
+      },
+    };
+
+    const stats = await webpack('fixture.js', config);
+    const [module] = stats.toJson().modules;
+    const { assets, source } = module;
+
+    expect({ assets, source }).toMatchSnapshot();
+  });
 });
diff --git a/test/publicPath-option.test.js b/test/publicPath-option.test.js
index 70e7cdc..289a75d 100644
--- a/test/publicPath-option.test.js
+++ b/test/publicPath-option.test.js
@@ -70,4 +70,25 @@ describe('when applied with `publicPath` option', () => {
 
     expect({ assets, source }).toMatchSnapshot();
   });
+
+  it('matches snapshot for `{Function}` value and pass `resourcePath`', async () => {
+    const config = {
+      loader: {
+        test: /(png|jpg|svg)/,
+        options: {
+          publicPath(url, resourcePath) {
+            expect(resourcePath).toMatch('file.png');
+
+            return `public_path/${url}`;
+          },
+        },
+      },
+    };
+
+    const stats = await webpack('fixture.js', config);
+    const [module] = stats.toJson().modules;
+    const { assets, source } = module;
+
+    expect({ assets, source }).toMatchSnapshot();
+  });
 });