Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against BingX−0.076%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$930.927% of the position
Funding, last 7 days−0.023%−$2 on $10k
+Price spread, last 4 days (all we have)+0.076%+$8 · spread now −0.076%, 7d avg −0.018%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.057% cheaper against BingX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX OPG-USDT | 0.1324 | 0.0100 | pay 0.0050% / 4h | 47m 15s | — | $1.9M | — |
| Short | MEXC OPG_USDT | 0.1323 | 0.0100 | get 0.0050% / 4h | 47m 15s | $492K | $779K | 20x |
BingX OPG-USDT
MEXC OPG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.076% → −0.018%
- −$5.71
- Slippage, 4 orders
- −$78.7
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$98.41
- Costs to cover
- 0.927%
- Break-even
- never at this rate
Slippage from BingX: live order book, 1 min ago; MEXC: live order book, 3 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, 1 min ago | 7.56 bp | 30.0 bp −$30 | 116.4 bp −$1,164 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 3.77 bp | 12.5 bp −$12 | 83.5 bp −$835 | 336.9 bp −$33.7K | 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 | +0.0092% | 4h | 0.1323 | −0.076% | $223K | $73K | 20x | as long as short |
| Binance OPGUSDT | +0.0100% | 4h | 0.1323 | −0.053% | $6.3M | $34.9M | 20x | as long as short |
| Bybit OPGUSDT | +0.0100% | 4h | 0.1323 | −0.068% | $3.2M | $10.8M | 20x | as long as short |
| OKX OPG-USDT-SWAP | +0.0100% | 4h | 0.1324 | +0.023% | $537K | $13.4M | 20x | as long as short |
| Gate OPG_USDT | +0.0100% | 4h | 0.1322 | −0.151% | $322K | $883K | 20x | as long as short |
| MEXC OPG_USDTshort | +0.0100% | 4h | 0.1323 | −0.076% | $492K | $779K | 20x | |
| KuCoin OPGUSDTM | +0.0100% | 4h | 0.1323 | −0.038% | $651K | $3.1M | 20x | as long as short |
| Bitget OPGUSDT | +0.0100% | 4h | 0.1324 | 0.000% | $874K | $3.1M | 20x | as long as short |
| BingX OPG-USDTlong | +0.0100% | 4h | 0.1324 | long leg | — | $1.9M | — | |
| Variational Omni OPG | +0.0100% | 4h | 0.1323 | −0.059% | $285K | $497K | — | as long as short |
BloFin OPG-USDT
Binance OPGUSDT
Bybit OPGUSDT
OKX OPG-USDT-SWAP
Gate OPG_USDT
KuCoin OPGUSDTM
Bitget OPGUSDT
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 | 0.1323 | −0.069% | $1K | $99K | 5x | as long as short |
| Aster OPGUSDT | +0.0293% | 4h | 0.1325 | +0.109% | $437K | $164K | 5x | as long as short |
| Coinbase International OPG-PERP-INTX | +0.1864% | 1h | 0.1352 | +2.093% | $33K | $33K | 50x | as long as short |
Extended OPG-USD
Aster OPGUSDT
Coinbase International OPG-PERP-INTX