Funding you earn now, next payment 04:00 UTC−0.0198%/8h= −21.7% APRnext payment −$0.99 per $10,000 · paid last 24h −0.088%
Price spread now: Bitget against Aster−0.118%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$174as in the Price arb table
costs, in and out, $10k−$1641.638% of the position
Funding, last 5 days (all we have)−0.285%−$29 on $10k
+Price spread, last 4 days (all we have)+0.443%+$44 · spread now −0.118%, 7d avg −0.018%
=Together, before fees+0.157%+ Points / potential airdropAster: Stage 5 · farm board+$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Bitget is 0.100% cheaper against Aster than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.018%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster OPGUSDT | 0.1311 | 0.0298 | pay 0.0149% / 4h | 1h 45m | $432K | $159K | 5x |
| Short | Bitget OPGUSDT | 0.1309 | 0.0100 | get 0.0050% / 4h | 1h 45m | $864K | $3.1M | 20x |
Aster OPGUSDT
Bitget OPGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$41.53
- Price spread: −0.118% → −0.018%
- −$9.98
- Slippage, 4 orders
- −$143.81
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$215.33
- Costs to cover
- 1.638%
- Break-even
- never at this rate
Slippage from Aster: live order book, 17 min ago; Bitget: live order book, 2 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aster live order book, 17 min ago | 11.38 bp | 62.0 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 3.83 bp | 22.9 bp −$23 | 122.2 bp −$1,222 | doesn't fit | doesn't fit |
OPG on 13 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance OPGUSDT | +0.0100% | 4h | 0.1310 | −0.042% | $6.2M | $34.5M | 20x | as long as short |
| Bybit OPGUSDT | +0.0100% | 4h | 0.1311 | +0.057% | $3.2M | $10.6M | 20x | as long as short |
| OKX OPG-USDT-SWAP | +0.0100% | 4h | 0.1312 | +0.141% | $539K | $13.2M | 20x | as long as short |
| Gate OPG_USDT | +0.0100% | 4h | 0.1308 | −0.194% | $319K | $882K | 20x | as long as short |
| MEXC OPG_USDT | +0.0100% | 4h | 0.1309 | −0.118% | $520K | $774K | 20x | as long as short |
| KuCoin OPGUSDTM | +0.0100% | 4h | 0.1309 | −0.118% | $640K | $3.0M | 20x | as long as short |
| Bitget OPGUSDTshort | +0.0100% | 4h | 0.1309 | −0.118% | $864K | $3.1M | 20x | |
| BingX OPG-USDT | +0.0100% | 4h | 0.1309 | −0.118% | — | $1.9M | — | as long as short |
| Variational Omni OPG | +0.0100% | 4h | 0.1308 | −0.185% | $279K | $496K | — | as long as short |
| Extended OPG-USD | +0.0104% | 1h | 0.1310 | −0.068% | $2K | $102K | 5x | as long as short |
Binance OPGUSDT
Bybit OPGUSDT
OKX OPG-USDT-SWAP
Gate OPG_USDT
MEXC OPG_USDT
KuCoin OPGUSDTM
BingX OPG-USDT
Variational Omni OPG
Extended OPG-USDShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin OPG-USDT | +0.0157% | 4h | 0.1307 | −0.271% | $221K | $69K | 20x | as long as short |
| Aster OPGUSDTlong | +0.0298% | 4h | 0.1311 | long leg | $432K | $159K | 5x | |
| Coinbase International OPG-PERP-INTX | +0.1200% | 1h | 0.1343 | +2.509% | $33K | $34K | 50x | as long as short |
BloFin OPG-USDT
Coinbase International OPG-PERP-INTX