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: Binance against Bitget−0.046%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$151as in the Price arb table
costs, in and out, $10k−$1471.468% of the position
Funding, last 7 days+0.043%+$4 on $10k
+Price spread, last 7 days+0.030%+$3 · spread now −0.046%, 7d avg −0.001%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.045% cheaper against Bitget than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget OPGUSDT | 0.1338 | 0.0100 | pay 0.0050% / 4h | 14m 47s | $842K | $2.2M | 20x |
| Short | Binance OPGUSDT | 0.1337 | 0.0100 | get 0.0050% / 4h | 14m 47s | $6.2M | $21.6M | 20x |
Bitget OPGUSDT
Binance OPGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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: −0.046% → −0.001%
- −$4.52
- Slippage, 4 orders
- −$124.79
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$151.31
- Costs to cover
- 1.468%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; Binance: live order book, 11 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 Bitget live order book, 2 min ago | 3.73 bp | 45.1 bp −$45 | 175.0 bp −$1,750 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 3.77 bp | 29.0 bp −$29 | 117.4 bp −$1,174 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin OPG-USDT | +0.0069% | 4h | 0.1344 | +0.448% | $225K | $55K | 20x | as long as short |
| Aster OPGUSDT | +0.0100% | 4h | 0.1341 | +0.237% | $450K | $123K | 5x | as long as short |
| Binance OPGUSDTshort | +0.0100% | 4h | 0.1337 | −0.046% | $6.2M | $21.6M | 20x | |
| Bybit OPGUSDT | +0.0100% | 4h | 0.1337 | −0.067% | $3.1M | $7.4M | 20x | as long as short |
| OKX OPG-USDT-SWAP | +0.0100% | 4h | 0.1339 | +0.090% | $564K | $9.6M | 20x | as long as short |
| Gate OPG_USDT | +0.0100% | 4h | 0.1337 | −0.075% | $322K | $443K | 20x | as long as short |
| MEXC OPG_USDT | +0.0100% | 4h | 0.1336 | −0.149% | $464K | $675K | 20x | as long as short |
| KuCoin OPGUSDTM | +0.0100% | 4h | 0.1337 | −0.045% | $634K | $2.5M | 20x | as long as short |
| Bitget OPGUSDTlong | +0.0100% | 4h | 0.1338 | long leg | $842K | $2.2M | 20x | |
| BingX OPG-USDT | +0.0100% | 4h | 0.1337 | −0.075% | — | $1.8M | — | as long as short |
BloFin OPG-USDT
Aster OPGUSDT
Bybit OPGUSDT
OKX OPG-USDT-SWAP
Gate OPG_USDT
MEXC OPG_USDT
KuCoin OPGUSDTM
BingX OPG-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni OPG | +0.0100% | 4h | 0.1336 | −0.143% | $276K | $285K | — | as long as short |
| Extended OPG-USD | +0.0104% | 1h | 0.1337 | −0.045% | $3K | $210K | 5x | as long as short |
| Coinbase International OPG-PERP-INTX | +0.2544% | 1h | 0.1371 | +2.464% | $33K | $21K | 50x | as long as short |
Variational Omni OPG
Extended OPG-USD
Coinbase International OPG-PERP-INTX