Funding you earn now, next payment 04:00 UTC+0.0017%/8h= +1.8% APRnext payment +$0.08 per $10,000 · paid last 24h −0.015%
Price spread now: Gate against BloFin−0.148%63s7-day average −0.160% · you buy dearer than you sell
Net, funding: paid 7d − costs−$510as 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−$5155.145% of the position
Funding, last 7 days+0.041%+$4 on $10k
+Price spread, last 4 days (all we have)−1.012%−$101 · spread now −0.148%, 7d avg −0.160%
=The price spread sits at its 7-day average of −0.160%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. The two prices were read 63 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 | 0.1348 | 0.0083 | pay 0.0042% / 4h | 2m 11s | $228K | $76K | 20x |
| Short | Gate OPG_USDT | 0.1346 | 0.0100 | get 0.0050% / 4h | 2m 11s | $327K | $888K | 20x |
BloFin OPG-USDT
Gate OPG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $3.47
- Price spread: −0.148% → −0.160%
- $1.14
- Slippage, 4 orders
- −$487.52
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$509.9
- Costs to cover
- 5.145%
- Break-even
- 1035.6 days
Slippage from BloFin: live order book, 29 min ago; Gate: live order book, 55 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, 29 min ago | 14.98 bp | 30.7 bp −$31 | 81.2 bp −$812 | doesn't fit | doesn't fit |
| Sell Gate live order book, 55 min ago | 11.22 bp | 187.6 bp −$188 | 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 | +0.0083% | 4h | 0.1348 | long leg | $228K | $76K | 20x | |
| Binance OPGUSDT | +0.0100% | 4h | 0.1348 | −0.018% | $6.4M | $35.3M | 20x | as long as short |
| Bybit OPGUSDT | +0.0100% | 4h | 0.1347 | −0.104% | $3.3M | $10.8M | 20x | as long as short |
| OKX OPG-USDT-SWAP | +0.0100% | 4h | 0.1346 | −0.148% | $551K | $13.8M | 20x | as long as short |
| Gate OPG_USDTshort | +0.0100% | 4h | 0.1346 | −0.148% | $327K | $888K | 20x | |
| MEXC OPG_USDT | +0.0100% | 4h | 0.1346 | −0.148% | $488K | $784K | 20x | as long as short |
| KuCoin OPGUSDTM | +0.0100% | 4h | 0.1347 | −0.059% | $664K | $3.1M | 20x | as long as short |
| Bitget OPGUSDT | +0.0100% | 4h | 0.1348 | 0.000% | $882K | $3.1M | 20x | as long as short |
| BingX OPG-USDT | +0.0100% | 4h | 0.1347 | −0.074% | — | $1.9M | — | as long as short |
| Variational Omni OPG | +0.0100% | 4h | 0.1356 | +0.613% | $292K | $498K | — | as long as short |
Binance OPGUSDT
Bybit OPGUSDT
OKX OPG-USDT-SWAP
MEXC OPG_USDT
KuCoin OPGUSDTM
Bitget OPGUSDT
BingX OPG-USDT
Variational Omni OPGShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended OPG-USD | +0.0104% | 1h | 0.1347 | −0.048% | $4K | $98K | 5x | as long as short |
| Aster OPGUSDT | +0.0303% | 4h | 0.1350 | +0.119% | $445K | $165K | 5x | as long as short |
| Coinbase International OPG-PERP-INTX | +0.1864% | 1h | 0.1368 | +1.498% | $33K | $33K | 50x | as long as short |
Extended OPG-USD
Aster OPGUSDT
Coinbase International OPG-PERP-INTX