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

OPG

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.003%
Price spread now: Extended against BingX−0.082%7-day average · you buy dearer than you sell
Net, funding: paid 7d − costs−$190as in the Funding arb table
Net, price: spread back to 7d avg − costs−$196as in the Price arb table
costs, in and out, $10k−$1881.875% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.024%−$2 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.082% cheaper against BingX than usual: you would sell low and buy high, −$8 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX OPG-USDT0.13500.0100pay 0.0050% / 4h3m 19s$1.9M
ShortExtended OPG-USD0.13490.0104get 0.0013% / 1h3m 19s$4K$98K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.082% → 0.000%
−$8.22
Slippage, 4 orders
−$172.52
Fee BingX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$194.9
Costs to cover
1.875%
Break-even
1631.1 days
Slippage from BingX: live order book, 5 min ago; Extended: live order book, 30 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, 5 min ago7.41 bp31.5 bp −$31115.1 bp −$1,151doesn't fitdoesn't fit
Sell Extended live order book, 30 min ago9.02 bp61.9 bp −$62doesn't fitdoesn'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
BloFin OPG-USDT+0.0083%4h0.1348−0.148%$228K$76K20xas long as short
Binance OPGUSDT+0.0100%4h0.1350−0.002%$6.4M$35.3M20xas long as short
Bybit OPGUSDT+0.0100%4h0.1349−0.052%$3.3M$10.8M20xas long as short
OKX OPG-USDT-SWAP+0.0100%4h0.1349−0.052%$550K$13.8M20xas long as short
Gate OPG_USDT+0.0100%4h0.1348−0.148%$328K$888K20xas long as short
MEXC OPG_USDT+0.0100%4h0.1349−0.074%$489K$784K20xas long as short
KuCoin OPGUSDTM+0.0100%4h0.1348−0.148%$665K$3.1M20xas long as short
Bitget OPGUSDT+0.0100%4h0.1348−0.148%$881K$3.1M20xas long as short
BingX OPG-USDTlong+0.0100%4h0.1350long leg$1.9M
Variational Omni OPG+0.0100%4h0.1356+0.464%$292K$498Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended OPG-USDshort+0.0104%1h0.1349−0.082%$4K$98K5x
Aster OPGUSDT+0.0311%4h0.1352+0.151%$446K$165K5xas long as short
Coinbase International OPG-PERP-INTX+0.1864%1h0.1368+1.347%$33K$33K50xas long as short