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+0.0210%/8h= +23.0% APRnext payment +$1.05 per $10,000 · paid last 24h +0.088%
Price spread now: Aster against Bitget−0.144%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$228as in the Price arb table
costs, in and out, $10k−$2122.118% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.285%+$29 on $10k
Price spread, last 4 days (all we have)−0.180%−$18 · spread now −0.144%, 7d avg +0.018%
Together, before fees+0.105%+ Points / potential airdropAster: Stage 5 · farm board+$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.162% cheaper against Bitget than usual: you would sell low and buy high (spread −0.144% now, against its 7-day average of +0.018%). If the spread goes back, that is −$16 on $10k: about 2.6 days of funding at the current rate (+$6 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget OPGUSDT0.13370.0100pay 0.0050% / 4h55m 58s$883K$3.1M20x
ShortAster OPGUSDT0.13350.0310get 0.0155% / 4h55m 58s$441K$163K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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
$44.12
Price spread: −0.144% → +0.018%
−$16.24
Slippage, 4 orders
−$191.77
Fee Bitget: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$183.9
Costs to cover
2.118%
Break-even
36.2 days
Slippage from Bitget: live order book, 2 min ago; Aster: live order book, 66 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 Bitget live order book, 2 min ago7.54 bp40.6 bp −$41338.9 bp −$3,389doesn't fitdoesn't fit
Sell Aster live order book, 66 min ago11.38 bp42.8 bp −$43doesn'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+0.0098%4h0.1319−1.346%$223K$72K20xas long as short
Binance OPGUSDT+0.0100%4h0.1336−0.075%$6.3M$34.9M20xas long as short
Bybit OPGUSDT+0.0100%4h0.1337+0.015%$3.2M$10.8M20xas long as short
OKX OPG-USDT-SWAP+0.0100%4h0.1338+0.067%$545K$13.6M20xas long as short
Gate OPG_USDT+0.0100%4h0.13370.000%$326K$883K20xas long as short
MEXC OPG_USDT+0.0100%4h0.13370.000%$497K$779K20xas long as short
KuCoin OPGUSDTM+0.0100%4h0.1337−0.015%$661K$3.1M20xas long as short
Bitget OPGUSDTlong+0.0100%4h0.1337long leg$883K$3.1M20x
BingX OPG-USDT+0.0100%4h0.1338+0.075%$1.9Mas long as short
Variational Omni OPG+0.0100%4h0.1336−0.050%$287K$497Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended OPG-USD+0.0104%1h0.1337−0.037%$4K$96K5xas long as short
Aster OPGUSDTshort+0.0310%4h0.1335−0.144%$441K$163K5x
Coinbase International OPG-PERP-INTX+0.1864%1h0.1350+0.972%$33K$33K50xas long as short