Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.018%
Price spread now: Gate against BingX−0.229%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$461as in the Funding arb table
Net, price: spread back to 7d avg − costs−$478as in the Price arb table
costs, in and out, $10k−$4604.604% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.229%+$23 · spread now −0.229%, 7d avg −0.058%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.171% cheaper against BingX than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of −0.058%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX OPG-USDT | 0.1311 | 0.0100 | pay 0.0050% / 4h | 1h 45m | — | $1.9M | — |
| Short | Gate OPG_USDT | 0.1308 | 0.0100 | get 0.0050% / 4h | 1h 45m | $319K | $882K | 20x |
BingX OPG-USDT
Gate OPG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BingX. 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: −0.229% → −0.058%
- −$17.13
- Slippage, 4 orders
- −$435.45
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$477.57
- Costs to cover
- 4.604%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; Gate: live order book, 17 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 BingX live order book, 2 min ago | 11.46 bp | 36.8 bp −$37 | 110.6 bp −$1,106 | doesn't fit | doesn't fit |
| Sell Gate live order book, 17 min ago | 7.62 bp | 205.2 bp −$205 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance OPGUSDT | +0.0100% | 4h | 0.1313 | +0.132% | $6.2M | $34.5M | 20x | as long as short |
| Bybit OPGUSDT | +0.0100% | 4h | 0.1314 | +0.206% | $3.2M | $10.6M | 20x | as long as short |
| OKX OPG-USDT-SWAP | +0.0100% | 4h | 0.1313 | +0.153% | $539K | $13.2M | 20x | as long as short |
| Gate OPG_USDTshort | +0.0100% | 4h | 0.1308 | −0.229% | $319K | $882K | 20x | |
| MEXC OPG_USDT | +0.0100% | 4h | 0.1312 | +0.076% | $522K | $774K | 20x | as long as short |
| KuCoin OPGUSDTM | +0.0100% | 4h | 0.1310 | −0.061% | $641K | $3.0M | 20x | as long as short |
| Bitget OPGUSDT | +0.0100% | 4h | 0.1311 | 0.000% | $865K | $3.1M | 20x | as long as short |
| BingX OPG-USDTlong | +0.0100% | 4h | 0.1311 | long leg | — | $1.9M | — | |
| Variational Omni OPG | +0.0100% | 4h | 0.1308 | −0.220% | $279K | $496K | — | as long as short |
| Extended OPG-USD | +0.0104% | 1h | 0.1312 | +0.085% | $2K | $102K | 5x | as long as short |
Binance OPGUSDT
Bybit OPGUSDT
OKX OPG-USDT-SWAP
MEXC OPG_USDT
KuCoin OPGUSDTM
Bitget OPGUSDT
Variational Omni OPG
Extended OPG-USDShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin OPG-USDT | +0.0157% | 4h | 0.1307 | −0.305% | $221K | $69K | 20x | as long as short |
| Aster OPGUSDT | +0.0298% | 4h | 0.1311 | +0.028% | $433K | $159K | 5x | as long as short |
| Coinbase International OPG-PERP-INTX | +0.1200% | 1h | 0.1343 | +2.474% | $33K | $34K | 50x | as long as short |
BloFin OPG-USDT
Aster OPGUSDT
Coinbase International OPG-PERP-INTX