The bipolar phase-shift-keying (BPSK) optical orthogonal codes (OOCs) are inserted into the optical packet format of bit-serial label. The ultra-fast separation of the label and payload is performed through the auto-correlation pulses indicating the time position at which the optical switch changes the state. The insertion of the new label can also be realized by detecting the auto-correlation pulse at the line rate. Especially, the scheme can be adapted to the asynchronous separation and insertion and realize the variable-length packet switching. The results of simulation verify the feasibility of the scheme.