Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: BingX against Binance0.000%7-day average −0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1361.357% of the position
Funding, last 7 days+0.023%+$2 on $10k
+Price spread, last 7 days+0.033%+$3 · spread now 0.000%, 7d avg −0.053%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.053% dearer against Binance than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.053%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance OPGUSDT | 0.1304 | 0.0100 | pay 0.0050% / 4h | 7m 11s | $6.1M | $33.4M | 20x |
| Short | BingX OPG-USDT | 0.1304 | 0.0100 | get 0.0050% / 4h | 7m 11s | — | $1.9M | — |
Binance OPGUSDT
BingX OPG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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
- $0
- Price spread: 0.000% → −0.053%
- $5.29
- Slippage, 4 orders
- −$115.73
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$130.44
- Costs to cover
- 1.357%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; BingX: live order book, 11 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 Binance live order book, 4 min ago | 3.84 bp | 28.6 bp −$29 | 123.1 bp −$1,231 | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 11.51 bp | 38.1 bp −$38 | 95.9 bp −$959 | 911.9 bp −$91.2K | 1412.6 bp −$706.3K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster OPGUSDT | +0.0100% | 4h | 0.1306 | +0.145% | $431K | $159K | 5x | as long as short |
| Binance OPGUSDTlong | +0.0100% | 4h | 0.1304 | long leg | $6.1M | $33.4M | 20x | |
| Bybit OPGUSDT | +0.0100% | 4h | 0.1304 | −0.015% | $3.2M | $10.4M | 20x | as long as short |
| OKX OPG-USDT-SWAP | +0.0100% | 4h | 0.1305 | +0.100% | $542K | $12.9M | 20x | as long as short |
| Gate OPG_USDT | +0.0100% | 4h | 0.1303 | −0.077% | $317K | $869K | 20x | as long as short |
| MEXC OPG_USDT | +0.0100% | 4h | 0.1304 | 0.000% | $480K | $774K | 20x | as long as short |
| KuCoin OPGUSDTM | +0.0100% | 4h | 0.1304 | +0.015% | $646K | $3.0M | 20x | as long as short |
| Bitget OPGUSDT | +0.0100% | 4h | 0.1305 | +0.077% | $874K | $3.0M | 20x | as long as short |
| BingX OPG-USDTshort | +0.0100% | 4h | 0.1304 | 0.000% | — | $1.9M | — | |
| Variational Omni OPG | +0.0100% | 4h | 0.1301 | −0.195% | $276K | $492K | — | as long as short |
Aster OPGUSDT
Bybit OPGUSDT
OKX OPG-USDT-SWAP
Gate OPG_USDT
MEXC OPG_USDT
KuCoin OPGUSDTM
Bitget OPGUSDT
Variational Omni OPGShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended OPG-USD | +0.0104% | 1h | 0.1304 | +0.010% | $3K | $127K | 5x | as long as short |
| BloFin OPG-USDT | +0.0141% | 4h | 0.1304 | 0.000% | $215K | $60K | 20x | as long as short |
| Coinbase International OPG-PERP-INTX | +0.1744% | 1h | 0.1329 | +1.896% | $32K | $33K | 50x | as long as short |
Extended OPG-USD
BloFin OPG-USDT
Coinbase International OPG-PERP-INTX