Settings8H · net · $10k
Funding arb · Price arb /

OPG

all OPG markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.063%
Price spread now: Binance against Aster−0.282%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$187as in the Price arb table
costs, in and out, $10k−$1631.626% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.252%−$25 on $10k
Price spread, last 4 days (all we have)+0.339%+$34 · spread now −0.282%, 7d avg −0.035%
Together, before fees+0.087%+ Points / potential airdropAster: Stage 5 · farm board+$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.247% cheaper against Aster than usual: you would sell low and buy high, −$25 on $10k if it goes back to its 7-day average of −0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster OPGUSDT0.13410.0100pay 0.0050% / 4h14m 48s$450K$123K5x
ShortBinance OPGUSDT0.13370.0100get 0.0050% / 4h14m 48s$6.2M$21.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.282% → −0.035%
−$24.73
Slippage, 4 orders
−$144.56
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$187.29
Costs to cover
1.626%
Break-even
never at this rate
Slippage from Aster: live order book, 23 min ago; Binance: live order book, 11 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 23 min ago11.23 bp54.2 bp −$54doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 11 min ago3.77 bp29.0 bp −$29117.4 bp −$1,174doesn't fitdoesn't fit

OPG on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin OPG-USDT+0.0069%4h0.1344+0.211%$225K$55K20xas long as short
Aster OPGUSDTlong+0.0100%4h0.1341long leg$450K$123K5x
Binance OPGUSDTshort+0.0100%4h0.1337−0.282%$6.2M$21.6M20x
Bybit OPGUSDT+0.0100%4h0.1337−0.303%$3.1M$7.4M20xas long as short
OKX OPG-USDT-SWAP+0.0100%4h0.1339−0.147%$564K$9.6M20xas long as short
Gate OPG_USDT+0.0100%4h0.1337−0.311%$322K$443K20xas long as short
MEXC OPG_USDT+0.0100%4h0.1336−0.385%$464K$675K20xas long as short
KuCoin OPGUSDTM+0.0100%4h0.1337−0.281%$634K$2.5M20xas long as short
Bitget OPGUSDT+0.0100%4h0.1338−0.236%$842K$2.2M20xas long as short
BingX OPG-USDT+0.0100%4h0.1337−0.311%$1.8Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni OPG+0.0100%4h0.1336−0.378%$276K$285Kas long as short
Extended OPG-USD+0.0104%1h0.1337−0.281%$3K$210K5xas long as short
Coinbase International OPG-PERP-INTX+0.2544%1h0.1371+2.222%$33K$21K50xas long as short