Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: Bitget against Binance−0.048%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1341.338% of the position
Funding, last 7 days−0.043%−$4 on $10k
+Price spread, last 4 days (all we have)+0.103%+$10 · spread now −0.048%, 7d avg +0.007%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.054% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.007%.
| 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 | 9m 38s | $6.1M | $33.4M | 20x |
| Short | Bitget OPGUSDT | 0.1303 | 0.0100 | get 0.0050% / 4h | 9m 38s | $873K | $3.0M | 20x |
Binance OPGUSDT
Bitget OPGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: −0.048% → +0.007%
- −$5.41
- Slippage, 4 orders
- −$111.79
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$139.2
- Costs to cover
- 1.338%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; Bitget: live order book, 3 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, 2 min ago | 3.84 bp | 28.6 bp −$29 | 123.1 bp −$1,231 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 3.83 bp | 36.2 bp −$36 | 121.3 bp −$1,213 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster OPGUSDT | +0.0100% | 4h | 0.1305 | +0.143% | $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 | 0.1303 | −0.078% | $3.2M | $10.4M | 20x | as long as short |
| OKX OPG-USDT-SWAP | +0.0100% | 4h | 0.1301 | −0.186% | $541K | $12.9M | 20x | as long as short |
| Gate OPG_USDT | +0.0100% | 4h | 0.1303 | −0.048% | $317K | $869K | 20x | as long as short |
| MEXC OPG_USDT | +0.0100% | 4h | 0.1302 | −0.124% | $479K | $774K | 20x | as long as short |
| KuCoin OPGUSDTM | +0.0100% | 4h | 0.1303 | −0.032% | $647K | $3.0M | 20x | as long as short |
| Bitget OPGUSDTshort | +0.0100% | 4h | 0.1303 | −0.048% | $873K | $3.0M | 20x | |
| BingX OPG-USDT | +0.0100% | 4h | 0.1303 | −0.048% | — | $1.9M | — | as long as short |
| Variational Omni OPG | +0.0100% | 4h | 0.1301 | −0.166% | $276K | $492K | — | as long as short |
Aster OPGUSDT
Bybit OPGUSDT
OKX OPG-USDT-SWAP
Gate OPG_USDT
MEXC OPG_USDT
KuCoin OPGUSDTM
BingX OPG-USDT
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 | 0.1303 | −0.016% | $3K | $127K | 5x | as long as short |
| BloFin OPG-USDT | +0.0117% | 4h | 0.1304 | +0.029% | $215K | $60K | 20x | as long as short |
| Coinbase International OPG-PERP-INTX | +0.1744% | 1h | 0.1329 | +1.925% | $32K | $33K | 50x | as long as short |
Extended OPG-USD
BloFin OPG-USDT
Coinbase International OPG-PERP-INTX