Settings8H · net · $10k
Funding arb · Price arb /

OPG

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0369%/8h= +40.4% APRnext payment +$1.84 per $10,000 · paid last 24h +0.026%
Price spread now: Aster against BingX−0.071%7-day average +0.054% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$174as in the Price arb table
costs, in and out, $10k−$1621.616% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.229%+$23 on $10k
Price spread, last 4 days (all we have)−0.138%−$14 · spread now −0.071%, 7d avg +0.054%
Together, before fees+0.091%+ Points / potential airdropAster: Stage 5 · farm board+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.125% cheaper against BingX than usual: you would sell low and buy high (spread −0.071% now, against its 7-day average of +0.054%). If the spread goes back, that is −$12 on $10k: about 27 hours of funding at the current rate (+$11 a day). At the pace of the last 6 days (+0.229% in total) that is about 3.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX OPG-USDT0.13540.0100pay 0.0050% / 4h2h 21m$1.7M
ShortAster OPGUSDT0.13530.0469get 0.0234% / 4h2h 21m$453K$105K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BingX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$77.45
Price spread: −0.071% → +0.054%
−$12.49
Slippage, 4 orders
−$143.64
Fee BingX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$96.68
Costs to cover
1.616%
Break-even
15.7 days
Slippage from BingX: live order book, 4 min ago; Aster: live order book, 28 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 4 min ago7.42 bp29.6 bp −$3087.8 bp −$878986.9 bp −$98.7K1432.2 bp −$716.1K
Sell Aster live order book, 28 min ago7.40 bp43.8 bp −$44doesn't fitdoesn't fitdoesn't fit

OPG on 13 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance OPGUSDT+0.0100%4h0.13540.000%$6.2M$15.8M20xas long as short
Bybit OPGUSDT+0.0100%4h0.1354+0.007%$3.1M$6.0M20xas long as short
OKX OPG-USDT-SWAP+0.0100%4h0.1355+0.074%$565K$6.2M20xas long as short
Gate OPG_USDT+0.0100%4h0.1352−0.148%$310K$364K20xas long as short
MEXC OPG_USDT+0.0100%4h0.1352−0.148%$452K$410K20xas long as short
KuCoin OPGUSDTM+0.0100%4h0.1352−0.133%$626K$2.4M20xas long as short
Bitget OPGUSDT+0.0100%4h0.1353−0.074%$852K$2.0M20xas long as short
BingX OPG-USDTlong+0.0100%4h0.1354long leg$1.7M
Variational Omni OPG+0.0100%4h0.1348−0.408%$278K$188Kas long as short
Extended OPG-USD+0.0104%1h0.1354−0.030%$4K$219K5xas long as short
Show all 13 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin OPG-USDT+0.0113%4h0.1349−0.369%$228K$40K20xas long as short
Aster OPGUSDTshort+0.0469%4h0.1353−0.071%$453K$105K5x
Coinbase International OPG-PERP-INTX+0.2880%1h0.1357+0.216%$34K$12K50xas long as short