Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.034%
Price spread now: Bybit against Bitget−0.167%7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$240as in the Funding arb table
Net, price: spread back to 7d avg − costs−$235as in the Price arb table
costs, in and out, $10k−$2262.256% of the position
Funding, last 7 days−0.145%−$15 on $10k
+Price spread, last 7 days+0.014%+$1 · spread now −0.167%, 7d avg −0.074%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.093% cheaper against Bitget than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.074%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget OPGUSDT | 0.1317 | 0.0100 | pay 0.0050% / 4h | 1h 04m | $839K | $2.8M | 20x |
| Short | Bybit OPGUSDT | 0.1315 | 0.0100 | get 0.0050% / 4h | 1h 04m | $3.1M | $9.5M | 20x |
Bitget OPGUSDT
Bybit OPGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.167% → −0.074%
- −$9.27
- Slippage, 4 orders
- −$202.63
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$234.9
- Costs to cover
- 2.256%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; Bybit: live order book, 4 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, 3 min ago | 7.59 bp | 34.8 bp −$35 | 183.2 bp −$1,832 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 4.18 bp | 64.4 bp −$64 | 672.4 bp −$6,724 | 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 | +0.0048% | 4h | 0.1319 | +0.152% | $220K | $63K | 20x | as long as short |
| Aster OPGUSDT | +0.0100% | 4h | 0.1321 | +0.286% | $444K | $157K | 5x | as long as short |
| Binance OPGUSDT | +0.0100% | 4h | 0.1317 | 0.000% | $6.1M | $30.3M | 20x | as long as short |
| Bybit OPGUSDTshort | +0.0100% | 4h | 0.1315 | −0.167% | $3.1M | $9.5M | 20x | |
| OKX OPG-USDT-SWAP | +0.0100% | 4h | 0.1315 | −0.137% | $559K | $12.8M | 20x | as long as short |
| Gate OPG_USDT | +0.0100% | 4h | 0.1318 | +0.076% | $323K | $779K | 20x | as long as short |
| MEXC OPG_USDT | +0.0100% | 4h | 0.1317 | 0.000% | $461K | $712K | 20x | as long as short |
| KuCoin OPGUSDTM | +0.0100% | 4h | 0.1318 | +0.038% | $625K | $2.8M | 20x | as long as short |
| Bitget OPGUSDTlong | +0.0100% | 4h | 0.1317 | long leg | $839K | $2.8M | 20x | |
| BingX OPG-USDT | +0.0100% | 4h | 0.1318 | +0.076% | — | $1.9M | — | as long as short |
BloFin OPG-USDT
Aster OPGUSDT
Binance 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 | 0.1319 | +0.127% | $277K | $302K | — | as long as short |
| Extended OPG-USD | +0.0104% | 1h | 0.1317 | −0.029% | $2K | $213K | 5x | as long as short |
| Coinbase International OPG-PERP-INTX | +0.2824% | 1h | 0.1323 | +0.419% | $32K | $26K | 50x | as long as short |
Variational Omni OPG
Extended OPG-USD
Coinbase International OPG-PERP-INTX