Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: KuCoin against Binance−0.031%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$795as in the Funding arb table
Net, price: spread back to 7d avg − costs−$787as in the Price arb table
costs, in and out, $10k−$7907.905% of the position
Funding, last 7 days−0.043%−$4 on $10k
+Price spread, last 7 days−0.053%−$5 · spread now −0.031%, 7d avg −0.064%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.033% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.064%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance OPGUSDT | 0.1297 | 0.0100 | pay 0.0050% / 4h | 3h 56m | $6.0M | $33.5M | 20x |
| Short | KuCoin OPGUSDTM | 0.1297 | 0.0100 | get 0.0050% / 4h | 3h 56m | $639K | $3.0M | 20x |
Binance OPGUSDT
KuCoin OPGUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.031% → −0.064%
- $3.32
- Slippage, 4 orders
- −$768.48
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$787.16
- Costs to cover
- 7.905%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; KuCoin: 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, 15 min ago | 3.84 bp | 28.6 bp −$29 | 123.1 bp −$1,231 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 11 min ago | 7.67 bp | 210.3 bp −$210 | doesn't fit | 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 | 0.1298 | +0.039% | $428K | $159K | 5x | as long as short |
| Binance OPGUSDTlong | +0.0100% | 4h | 0.1297 | long leg | $6.0M | $33.5M | 20x | |
| Bybit OPGUSDT | +0.0100% | 4h | 0.1298 | +0.062% | $3.2M | $10.4M | 20x | as long as short |
| OKX OPG-USDT-SWAP | +0.0100% | 4h | 0.1298 | +0.077% | $539K | $12.9M | 20x | as long as short |
| Gate OPG_USDT | +0.0100% | 4h | 0.1295 | −0.154% | $316K | $865K | 20x | as long as short |
| MEXC OPG_USDT | +0.0100% | 4h | 0.1297 | 0.000% | $474K | $771K | 20x | as long as short |
| KuCoin OPGUSDTMshort | +0.0100% | 4h | 0.1297 | −0.031% | $639K | $3.0M | 20x | |
| Bitget OPGUSDT | +0.0100% | 4h | 0.1297 | 0.000% | $867K | $3.0M | 20x | as long as short |
| BingX OPG-USDT | +0.0100% | 4h | 0.1297 | 0.000% | — | $1.9M | — | as long as short |
| Variational Omni OPG | +0.0100% | 4h | 0.1305 | +0.588% | $276K | $492K | — | as long as short |
Aster OPGUSDT
Bybit OPGUSDT
OKX OPG-USDT-SWAP
Gate OPG_USDT
MEXC OPG_USDT
Bitget OPGUSDT
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 | 0.1296 | −0.107% | $3K | $122K | 5x | as long as short |
| BloFin OPG-USDT | +0.0139% | 4h | 0.1296 | −0.077% | $214K | $59K | 20x | as long as short |
| Coinbase International OPG-PERP-INTX | +0.1448% | 1h | 0.1300 | +0.244% | $32K | $33K | 50x | as long as short |
Extended OPG-USD
BloFin OPG-USDT
Coinbase International OPG-PERP-INTX