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 − costs—prices read too far apart to compare
costs, in and out, $10k−$2062.059% of the position
Funding, last 7 days+0.018%+$2 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin OPG-USDT | 0.1298 | 0.0066 | pay 0.0033% / 4h | 2h 55m | $219K | $73K | 20x |
| Short | Extended OPG-USD | 0.1313 | 0.0104 | get 0.0013% / 1h | 55m 44s | $5K | $215K | 5x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 25 min ago | 11.53 bp | 35.1 bp −$35 | 139.0 bp −$1,390 | doesn't fit | doesn't fit |
| Sell Extended live order book, 32 min ago | 9.10 bp | 73.2 bp −$73 | doesn't fit | 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-USDTlong | +0.0066% | 4h | 0.1298 | long leg | $219K | $73K | 20x | |
| Aster OPGUSDT | +0.0100% | 4h | 0.1320 | +1.705% | $436K | $165K | 5x | as long as short |
| Binance OPGUSDT | +0.0100% | 4h | 0.1313 | +1.156% | $6.2M | $35.9M | 20x | as long as short |
| Bybit OPGUSDT | +0.0100% | 4h | 0.1313 | +1.156% | $3.2M | $11.0M | 20x | as long as short |
| OKX OPG-USDT-SWAP | +0.0100% | 4h | 0.1315 | +1.294% | $594K | $13.7M | 20x | as long as short |
| Gate OPG_USDT | +0.0100% | 4h | 0.1313 | +1.156% | $318K | $805K | 20x | as long as short |
| MEXC OPG_USDT | +0.0100% | 4h | 0.1313 | +1.156% | $461K | $779K | 20x | as long as short |
| KuCoin OPGUSDTM | +0.0100% | 4h | 0.1312 | +1.102% | $638K | $3.1M | 20x | as long as short |
| Bitget OPGUSDT | +0.0100% | 4h | 0.1312 | +1.079% | $837K | $3.2M | 20x | as long as short |
| BingX OPG-USDT | +0.0100% | 4h | 0.1314 | +1.233% | — | $1.9M | — | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni OPG | +0.0100% | 4h | 0.1313 | +1.138% | $283K | $498K | — | as long as short |
| Extended OPG-USDshort | +0.0104% | 1h | 0.1313 | +1.128% | $5K | $215K | 5x | |
| Coinbase International OPG-PERP-INTX | +0.2448% | 1h | 0.1349 | +3.951% | $33K | $33K | 50x | as long as short |
BloFin OPG-USDT
Extended OPG-USD
Aster OPGUSDT
Binance OPGUSDT
Bybit OPGUSDT
OKX OPG-USDT-SWAP
Gate OPG_USDT
MEXC OPG_USDT
KuCoin OPGUSDTM
Bitget OPGUSDT
BingX OPG-USDT
Variational Omni OPG
Coinbase International OPG-PERP-INTX