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

OPG

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0038%/8h= +4.1% APRpaid last 24h −0.001%
Price spread now: Extended against BloFin+1.128%74s7-day average · you sell dearer than you buy
Net, funding: paid 7d − costs−$204as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2062.059% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.018%+$2 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Extended is 1.128% dearer against BloFin than usual: you sell high and buy low: +$113 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin OPG-USDT0.12980.0066pay 0.0033% / 4h2h 55m$219K$73K20x
ShortExtended OPG-USD0.13130.0104get 0.0013% / 1h55m 44s$5K$215K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$7.92
Price spread: +1.128% → 0.000%
$112.83
Slippage, 4 orders
−$188.91
Fee BloFin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$85.16
Costs to cover
2.059%
Break-even
82.3 days
Slippage from BloFin: live order book, 25 min ago; Extended: live order book, 32 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, 25 min ago11.53 bp35.1 bp −$35139.0 bp −$1,390doesn't fitdoesn't fit
Sell Extended live order book, 32 min ago9.10 bp73.2 bp −$73doesn'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-USDTlong+0.0066%4h0.1298long leg$219K$73K20x
Aster OPGUSDT+0.0100%4h0.1320+1.705%$436K$165K5xas long as short
Binance OPGUSDT+0.0100%4h0.1313+1.156%$6.2M$35.9M20xas long as short
Bybit OPGUSDT+0.0100%4h0.1313+1.156%$3.2M$11.0M20xas long as short
OKX OPG-USDT-SWAP+0.0100%4h0.1315+1.294%$594K$13.7M20xas long as short
Gate OPG_USDT+0.0100%4h0.1313+1.156%$318K$805K20xas long as short
MEXC OPG_USDT+0.0100%4h0.1313+1.156%$461K$779K20xas long as short
KuCoin OPGUSDTM+0.0100%4h0.1312+1.102%$638K$3.1M20xas long as short
Bitget OPGUSDT+0.0100%4h0.1312+1.079%$837K$3.2M20xas long as short
BingX OPG-USDT+0.0100%4h0.1314+1.233%$1.9Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni OPG+0.0100%4h0.1313+1.138%$283K$498Kas long as short
Extended OPG-USDshort+0.0104%1h0.1313+1.128%$5K$215K5x
Coinbase International OPG-PERP-INTX+0.2448%1h0.1349+3.951%$33K$33K50xas long as short