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

OPG

all OPG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against BingX+0.082%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1291.289% 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 days−0.015%−$1 · spread now +0.082%, 7d avg +0.029%
Together, before fees−0.039%−$4 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: OKX is 0.053% dearer against BingX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.029%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX OPG-USDT0.13400.0100pay 0.0050% / 4h0m 13s$1.8M
ShortOKX OPG-USDT-SWAP0.13410.0100get 0.0050% / 4h0m 13s$562K$8.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: +0.082% → +0.029%
$5.31
Slippage, 4 orders
−$108.91
Fee BingX: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$123.6
Costs to cover
1.289%
Break-even
never at this rate
Slippage from BingX: live order book, 2 min ago; OKX: 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, 2 min ago11.18 bp32.8 bp −$3394.2 bp −$942doesn't fitdoesn't fit
Sell OKX live order book, 3 min ago4.10 bp26.6 bp −$27247.0 bp −$2,470doesn'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+0.0063%4h0.1341+0.075%$224K$52K20xas long as short
Aster OPGUSDT+0.0100%4h0.1344+0.306%$451K$120K5xas long as short
Binance OPGUSDT+0.0100%4h0.1341+0.075%$6.2M$20.2M20xas long as short
Bybit OPGUSDT+0.0100%4h0.1341+0.082%$3.1M$7.2M20xas long as short
OKX OPG-USDT-SWAPshort+0.0100%4h0.1341+0.082%$562K$8.9M20x
Gate OPG_USDT+0.0100%4h0.1341+0.075%$321K$445K20xas long as short
MEXC OPG_USDT+0.0100%4h0.13400.000%$466K$678K20xas long as short
KuCoin OPGUSDTM+0.0100%4h0.1341+0.060%$633K$2.5M20xas long as short
Bitget OPGUSDT+0.0100%4h0.1342+0.149%$858K$2.1M20xas long as short
BingX OPG-USDTlong+0.0100%4h0.1340long leg$1.8M
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni OPG+0.0100%4h0.1342+0.154%$277K$285Kas long as short
Extended OPG-USD+0.0104%1h0.1341+0.047%$3K$210K5xas long as short
Coinbase International OPG-PERP-INTX+0.2544%1h0.1371+2.311%$33K$20K50xas long as short