Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Binance+0.163%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$1141.140% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 7 days−0.235%−$24 · spread now +0.163%, 7d avg −0.025%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.188% dearer against Binance than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of −0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance OPGUSDT | 0.1346 | 0.0100 | pay 0.0050% / 4h | 3h 16m | $6.2M | $18.1M | 20x |
| Short | OKX OPG-USDT-SWAP | 0.1348 | 0.0100 | get 0.0050% / 4h | 3h 16m | $565K | $7.6M | 20x |
Binance OPGUSDT
OKX OPG-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.163% → −0.025%
- $18.83
- Slippage, 4 orders
- −$94.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$95.19
- Costs to cover
- 1.140%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; OKX: live order book, 2 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 | 3.73 bp | 31.3 bp −$31 | 113.3 bp −$1,133 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 3.70 bp | 31.2 bp −$31 | 255.0 bp −$2,550 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin OPG-USDT | +0.0055% | 4h | 0.1352 | +0.446% | $227K | $51K | 20x | as long as short |
| Binance OPGUSDTlong | +0.0100% | 4h | 0.1346 | long leg | $6.2M | $18.1M | 20x | |
| Bybit OPGUSDT | +0.0100% | 4h | 0.1346 | −0.007% | $3.1M | $6.7M | 20x | as long as short |
| OKX OPG-USDT-SWAPshort | +0.0100% | 4h | 0.1348 | +0.163% | $565K | $7.6M | 20x | |
| Gate OPG_USDT | +0.0100% | 4h | 0.1344 | −0.149% | $315K | $388K | 20x | as long as short |
| MEXC OPG_USDT | +0.0100% | 4h | 0.1347 | +0.074% | $474K | $463K | 20x | as long as short |
| KuCoin OPGUSDTM | +0.0100% | 4h | 0.1346 | −0.030% | $632K | $2.4M | 20x | as long as short |
| Bitget OPGUSDT | +0.0100% | 4h | 0.1346 | 0.000% | $863K | $2.0M | 20x | as long as short |
| BingX OPG-USDT | +0.0100% | 4h | 0.1346 | 0.000% | — | $1.8M | — | as long as short |
| Variational Omni OPG | +0.0100% | 4h | 0.1343 | −0.234% | $277K | $239K | — | as long as short |
BloFin OPG-USDT
Bybit OPGUSDT
Gate OPG_USDT
MEXC OPG_USDT
KuCoin OPGUSDTM
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 | 0.1346 | −0.027% | $4K | $217K | 5x | as long as short |
| Aster OPGUSDT | +0.0276% | 4h | 0.1349 | +0.255% | $453K | $115K | 5x | as long as short |
| Coinbase International OPG-PERP-INTX | +0.2640% | 1h | 0.1379 | +2.477% | $34K | $6K | 50x | as long as short |
Extended OPG-USD
Aster OPGUSDT
Coinbase International OPG-PERP-INTX