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

OPG

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: Bitget against BingX−0.152%7-day average +0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1331.333% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.066%−$7 on $10k
Price spread, last 7 days+0.215%+$22 · spread now −0.152%, 7d avg +0.057%
Together, before fees+0.149%+$15 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.209% cheaper against BingX than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of +0.057%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX OPG-USDT0.13140.0100pay 0.0050% / 4h1h 44m$1.9M
ShortBitget OPGUSDT0.13120.0100get 0.0050% / 4h1h 44m$866K$3.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$0
Price spread: −0.152% → +0.057%
−$20.88
Slippage, 4 orders
−$111.26
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$154.14
Costs to cover
1.333%
Break-even
never at this rate
Slippage from BingX: live order book, 3 min ago; Bitget: live order book, 3 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, 3 min ago11.46 bp36.8 bp −$37110.6 bp −$1,106doesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago3.83 bp22.9 bp −$23122.2 bp −$1,222doesn't fitdoesn't fit

OPG on 13 venues

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%4h0.1313−0.086%$6.2M$34.5M20xas long as short
Bybit OPGUSDT+0.0100%4h0.1313−0.061%$3.2M$10.6M20xas long as short
OKX OPG-USDT-SWAP+0.0100%4h0.1315+0.061%$540K$13.3M20xas long as short
Gate OPG_USDT+0.0100%4h0.1311−0.228%$320K$882K20xas long as short
MEXC OPG_USDT+0.0100%4h0.1312−0.152%$522K$774K20xas long as short
KuCoin OPGUSDTM+0.0100%4h0.1313−0.084%$643K$3.0M20xas long as short
Bitget OPGUSDTshort+0.0100%4h0.1312−0.152%$866K$3.1M20x
BingX OPG-USDTlong+0.0100%4h0.1314long leg$1.9M
Variational Omni OPG+0.0100%4h0.1308−0.447%$279K$496Kas long as short
Extended OPG-USD+0.0104%1h0.1313−0.103%$2K$96K5xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin OPG-USDT+0.0157%4h0.1307−0.533%$221K$69K20xas long as short
Aster OPGUSDT+0.0306%4h0.1312−0.144%$433K$159K5xas long as short
Coinbase International OPG-PERP-INTX+0.1200%1h0.1343+2.240%$33K$34K50xas long as short