Funding you earn now, next payment 04:00 UTC−0.0038%/8h= −4.2% APRnext payment −$0.19 per $10,000 · paid last 24h −0.017%
Price spread now: Gate against Binance−0.075%7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$422as in the Funding arb table
Net, price: spread back to 7d avg − costs−$424as in the Price arb table
costs, in and out, $10k−$4244.238% of the position
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 4 days (all we have)+0.099%+$10 · spread now −0.075%, 7d avg −0.072%
=The price spread sits at its 7-day average of −0.072%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance OPGUSDT | 0.1326 | 0.0100 | pay 0.0050% / 4h | 2h 31m | $6.3M | $34.1M | 20x |
| Short | Gate OPG_USDT | 0.1325 | 0.0062 | get 0.0031% / 4h | 2h 31m | $323K | $880K | 20x |
Binance OPGUSDT
Gate OPG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$7.98
- Price spread: −0.075% → −0.072%
- −$0.3
- Slippage, 4 orders
- −$398.8
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$432.08
- Costs to cover
- 4.238%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; Gate: live order book, 35 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, 10 min ago | 3.78 bp | 29.2 bp −$29 | 188.8 bp −$1,888 | doesn't fit | doesn't fit |
| Sell Gate live order book, 35 min ago | 7.62 bp | 167.3 bp −$167 | doesn't fit | doesn't fit | doesn't fit |
OPG on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate OPG_USDTshort | +0.0062% | 4h | 0.1325 | −0.075% | $323K | $880K | 20x | |
| Binance OPGUSDTlong | +0.0100% | 4h | 0.1326 | long leg | $6.3M | $34.1M | 20x | |
| Bybit OPGUSDT | +0.0100% | 4h | 0.1326 | −0.023% | $3.2M | $10.5M | 20x | as long as short |
| OKX OPG-USDT-SWAP | +0.0100% | 4h | 0.1329 | +0.196% | $556K | $13.3M | 20x | as long as short |
| MEXC OPG_USDT | +0.0100% | 4h | 0.1326 | 0.000% | $489K | $777K | 20x | as long as short |
| KuCoin OPGUSDTM | +0.0100% | 4h | 0.1327 | +0.090% | $659K | $3.0M | 20x | as long as short |
| Bitget OPGUSDT | +0.0100% | 4h | 0.1326 | 0.000% | $890K | $3.0M | 20x | as long as short |
| BingX OPG-USDT | +0.0100% | 4h | 0.1326 | 0.000% | — | $1.9M | — | as long as short |
| Variational Omni OPG | +0.0100% | 4h | 0.1329 | +0.226% | $283K | $495K | — | as long as short |
| Extended OPG-USD | +0.0104% | 1h | 0.1327 | +0.050% | $946 | $101K | 5x | as long as short |
Bybit OPGUSDT
OKX OPG-USDT-SWAP
MEXC OPG_USDT
KuCoin OPGUSDTM
Bitget OPGUSDT
BingX OPG-USDT
Variational Omni OPG
Extended OPG-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster OPGUSDT | +0.0252% | 4h | 0.1329 | +0.263% | $439K | $159K | 5x | as long as short |
| Coinbase International OPG-PERP-INTX | +0.1104% | 1h | 0.1336 | +0.752% | $32K | $34K | 50x | as long as short |
Aster OPGUSDT
Coinbase International OPG-PERP-INTX