OPG

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0013%/8h= +1.5% APRnext payment +$0.07 per $10,000 · paid last 24h −0.001%

Price spread now: KuCoin against BloFin+0.516%80s7-day average −0.152% · you sell dearer than you buy

Net, funding: paid 7d − costs−$518as 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−$5155.154% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.024%−$2 on $10k

Price spread, last 4 days (all we have)−1.692%−$169 · spread now +0.516%, 7d avg −0.152%

Together, before fees−1.716%−$172 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and KuCoin is 0.668% dearer against BloFin than usual: you sell high and buy low: +$67 more if the spread goes back to its 7-day average of −0.152%. The two prices were read 80 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	0.1356	0.0087	pay 0.0043% / 4h	2h 17m	$229K	$39K	20x
Short	KuCoin OPGUSDTM	0.1363	0.0100	get 0.0050% / 4h	2h 17m	$631K	$2.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee BloFinbpFee KuCoinbpOrdersPrice spread, now +0.516%Rate

Funding earned: $2.79
Price spread: +0.516% → −0.152%: $66.83
Slippage, 4 orders: −$491.36
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$445.74
Costs to cover: 5.154%
Break-even: 1126.9 days

Slippage from BloFin: live order book, 28 min ago; KuCoin: live order book, 2 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, 28 min ago	7.36 bp	21.0 bp −$21	30.7 bp −$307	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	7.75 bp	234.6 bp −$235	doesn't fit	doesn't fit	doesn't fit

OPG on 13 exchanges

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	+0.0087%	4h	0.1356	long leg	$229K	$39K	20x
Binance OPGUSDT	+0.0100%	4h	0.1363	+0.525%	$6.3M	$15.8M	20x	as long as short
Bybit OPGUSDT	+0.0100%	4h	0.1363	+0.516%	$3.2M	$6.0M	20x	as long as short
OKX OPG-USDT-SWAP	+0.0100%	4h	0.1363	+0.501%	$568K	$6.2M	20x	as long as short
Gate OPG_USDT	+0.0100%	4h	0.1364	+0.590%	$313K	$365K	20x	as long as short
MEXC OPG_USDT	+0.0100%	4h	0.1361	+0.369%	$477K	$413K	20x	as long as short
KuCoin OPGUSDTMshort	+0.0100%	4h	0.1363	+0.516%	$631K	$2.4M	20x
Bitget OPGUSDT	+0.0100%	4h	0.1362	+0.442%	$858K	$1.9M	20x	as long as short
BingX OPG-USDT	+0.0100%	4h	0.1364	+0.590%	—	$1.7M	—	as long as short
Variational Omni OPG	+0.0100%	4h	0.1353	−0.227%	$280K	$188K	—	as long as short

Show all 13 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended OPG-USD	+0.0104%	1h	0.1363	+0.512%	$5K	$219K	5x	as long as short
Aster OPGUSDT	+0.0492%	4h	0.1363	+0.530%	$457K	$104K	5x	as long as short
Coinbase International OPG-PERP-INTX	+0.2880%	1h	0.1381	+1.844%	$35K	$12K	50x	as long as short