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

OPG

all OPG markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0043%/8h= +4.7% APRnext payment +$0.21 per $10,000 · paid last 24h +0.084%
Price spread now: Aster against BloFin+0.104%7-day average −0.054% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$165as in the Price arb table
costs, in and out, $10k−$1811.811% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.263%+$26 on $10k
Price spread, last 3 days (all we have)−0.606%−$61 · spread now +0.104%, 7d avg −0.054%
Together, before fees−0.343%+ Points / potential airdropAster: Stage 5 · farm board−$34 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aster is 0.157% dearer against BloFin than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.054%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin OPG-USDT0.12990.0057pay 0.0029% / 4h3h 17m$214K$59K20x
ShortAster OPGUSDT0.13000.0100get 0.0050% / 4h3h 17m$429K$159K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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
$9.01
Price spread: +0.104% → −0.054%
$15.73
Slippage, 4 orders
−$161.1
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$156.36
Costs to cover
1.811%
Break-even
128.5 days
Slippage from BloFin: live order book, 48 min ago; Aster: live order book, 55 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 BloFin live order book, 48 min ago11.48 bp27.0 bp −$2773.7 bp −$737doesn't fitdoesn't fit
Sell Aster live order book, 55 min ago11.49 bp47.3 bp −$47doesn'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
Bybit OPGUSDT−0.0325%4h0.1301+0.177%$3.2M$10.4M20xas long as short
Gate OPG_USDT−0.0064%4h0.12990.000%$317K$869K20xas long as short
BloFin OPG-USDTlong+0.0057%4h0.1299long leg$214K$59K20x
Aster OPGUSDTshort+0.0100%4h0.1300+0.104%$429K$159K5x
Binance OPGUSDT+0.0100%4h0.1300+0.092%$6.1M$33.6M20xas long as short
OKX OPG-USDT-SWAP+0.0100%4h0.1302+0.208%$545K$12.9M20xas long as short
MEXC OPG_USDT+0.0100%4h0.1301+0.154%$486K$776K20xas long as short
KuCoin OPGUSDTM+0.0100%4h0.1298−0.038%$643K$3.0M20xas long as short
Bitget OPGUSDT+0.0100%4h0.1301+0.154%$867K$3.0M20xas long as short
BingX OPG-USDT+0.0100%4h0.1301+0.154%$1.9Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni OPG+0.0100%4h0.1302+0.238%$277K$493Kas long as short
Extended OPG-USD+0.0104%1h0.1299+0.035%$3K$104K5xas long as short
Coinbase International OPG-PERP-INTX+0.1448%1h0.1303+0.340%$32K$33K50xas long as short