Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance0.000%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$950.951% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.009%+$1 · spread now 0.000%, 7d avg −0.035%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.035% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance OPGUSDT | 0.1323 | 0.0100 | pay 0.0050% / 4h | 1h 35m | $6.2M | $31.6M | 20x |
| Short | MEXC OPG_USDT | 0.1323 | 0.0100 | get 0.0050% / 4h | 1h 35m | $467K | $710K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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% → −0.035%
- $3.52
- Slippage, 4 orders
- −$81.09
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$91.57
- Costs to cover
- 0.951%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; MEXC: live order book, 65 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, 6 min ago | 3.76 bp | 30.6 bp −$31 | 166.7 bp −$1,667 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 65 min ago | 3.80 bp | 11.4 bp −$11 | 75.4 bp −$754 | 374.5 bp −$37.4K | 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 | 0.1327 | +0.291% | $446K | $160K | 5x | as long as short |
| Binance OPGUSDTlong | +0.0100% | 4h | 0.1323 | long leg | $6.2M | $31.6M | 20x | |
| Bybit OPGUSDT | +0.0100% | 4h | 0.1322 | −0.045% | $3.1M | $10.0M | 20x | as long as short |
| OKX OPG-USDT-SWAP | +0.0100% | 4h | 0.1324 | +0.091% | $561K | $13.1M | 20x | as long as short |
| Gate OPG_USDT | +0.0100% | 4h | 0.1322 | −0.076% | $324K | $777K | 20x | as long as short |
| MEXC OPG_USDTshort | +0.0100% | 4h | 0.1323 | 0.000% | $467K | $710K | 20x | |
| KuCoin OPGUSDTM | +0.0100% | 4h | 0.1322 | −0.098% | $635K | $2.9M | 20x | as long as short |
| Bitget OPGUSDT | +0.0100% | 4h | 0.1323 | 0.000% | $845K | $2.9M | 20x | as long as short |
| BingX OPG-USDT | +0.0100% | 4h | 0.1322 | −0.076% | — | $1.9M | — | as long as short |
| Variational Omni OPG | +0.0100% | 4h | 0.1320 | −0.259% | $280K | $432K | — | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended OPG-USD | +0.0104% | 1h | 0.1323 | −0.023% | $2K | $212K | 5x | as long as short |
| BloFin OPG-USDT | +0.0150% | 4h | 0.1322 | −0.076% | $222K | $69K | 20x | as long as short |
| Coinbase International OPG-PERP-INTX | +0.2824% | 1h | 0.1360 | +2.807% | $33K | $28K | 50x | as long as short |
Binance OPGUSDT
MEXC OPG_USDT
Aster OPGUSDT
Bybit OPGUSDT
OKX OPG-USDT-SWAP
Gate OPG_USDT
KuCoin OPGUSDTM
Bitget OPGUSDT
BingX OPG-USDT
Variational Omni OPG
Extended OPG-USD
BloFin OPG-USDT
Coinbase International OPG-PERP-INTX