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

OPG

all OPG markets
SwapBacktest
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: Variational Omni against BingX−0.019%7-day average +0.028% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.054%−$5 on $10k
Price spread, last 4 days (all we have)−0.052%−$5 · spread now −0.019%, 7d avg +0.028%
Together, before fees−0.106%+ Points / potential airdropVariational Omni: Active · farm board−$11 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: Variational Omni is 0.047% cheaper against BingX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.028%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX OPG-USDT0.13260.0100pay 0.0050% / 4h2h 31m$1.9M
ShortVariational Omni OPG0.13260.0100get 0.0050% / 4h2h 31m$284K$496K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: −0.019% → +0.028%
−$4.75
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$14.75
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 7 min ago; Variational Omni: RFQ quote, 38 min ago. Net counts fees only.

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, 7 min ago11.27 bp41.7 bp −$4295.5 bp −$955doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 38 min ago11.43 bpdoesn't fit575.2 bp −$5,752doesn't fitdoesn't fit

OPG on 12 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
Gate OPG_USDT+0.0062%4h0.1325−0.075%$323K$880K20xas long as short
Binance OPGUSDT+0.0100%4h0.1328+0.166%$6.3M$34.1M20xas long as short
Bybit OPGUSDT+0.0100%4h0.1327+0.068%$3.2M$10.5M20xas long as short
OKX OPG-USDT-SWAP+0.0100%4h0.1329+0.234%$557K$13.3M20xas long as short
MEXC OPG_USDT+0.0100%4h0.13260.000%$489K$777K20xas long as short
KuCoin OPGUSDTM+0.0100%4h0.1327+0.090%$659K$3.0M20xas long as short
Bitget OPGUSDT+0.0100%4h0.13260.000%$890K$3.0M20xas long as short
BingX OPG-USDTlong+0.0100%4h0.1326long leg$1.9M
Variational Omni OPGshort+0.0100%4h0.1326−0.019%$284K$496K
Extended OPG-USD+0.0104%1h0.1326+0.036%$942$101K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster OPGUSDT+0.0252%4h0.1329+0.247%$439K$159K5xas long as short
Coinbase International OPG-PERP-INTX+0.1104%1h0.1336+0.752%$32K$34K50xas long as short