OPG

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0038%/8h= −4.1% APRnext payment −$0.19 per $10,000 · paid last 24h −0.003%

Price spread now: Variational Omni against BloFin−0.294%7-day average −0.068% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.022%−$2 on $10k

Price spread, last 4 days (all we have)−0.198%−$20 · spread now −0.294%, 7d avg −0.068%

Together, before fees−0.219%+ Points / potential airdropVariational Omni: Active · farm board−$22 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.226% cheaper against BloFin than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of −0.068%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin OPG-USDT	0.1321	0.0138	pay 0.0069% / 4h	2h 20m	$221K	$73K	20x
Short	Variational Omni OPG	0.1317	0.0100	get 0.0050% / 4h	2h 20m	$284K	$398K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpOrdersPrice spread, now −0.294%Rate

Funding earned: −$7.89
Price spread: −0.294% → −0.068%: −$22.6
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$42.5
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 60 min ago; Variational Omni: RFQ quote, 28 min ago. Net counts fees only.

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, 60 min ago	11.53 bp	35.1 bp −$35	139.0 bp −$1,390	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 28 min ago	11.45 bp	doesn't fit	492.2 bp −$4,922	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
Aster OPGUSDT	+0.0100%	4h	0.1320	−0.076%	$436K	$159K	5x	as long as short
Binance OPGUSDT	+0.0100%	4h	0.1315	−0.454%	$6.1M	$33.4M	20x	as long as short
Bybit OPGUSDT	+0.0100%	4h	0.1314	−0.515%	$3.1M	$10.3M	20x	as long as short
OKX OPG-USDT-SWAP	+0.0100%	4h	0.1315	−0.454%	$564K	$13.3M	20x	as long as short
Gate OPG_USDT	+0.0100%	4h	0.1314	−0.530%	$321K	$820K	20x	as long as short
MEXC OPG_USDT	+0.0100%	4h	0.1314	−0.530%	$470K	$785K	20x	as long as short
KuCoin OPGUSDTM	+0.0100%	4h	0.1315	−0.477%	$633K	$3.0M	20x	as long as short
Bitget OPGUSDT	+0.0100%	4h	0.1314	−0.530%	$838K	$3.1M	20x	as long as short
BingX OPG-USDT	+0.0100%	4h	0.1313	−0.606%	—	$1.9M	—	as long as short
Variational Omni OPGshort	+0.0100%	4h	0.1317	−0.294%	$284K	$398K	—

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended OPG-USD	+0.0104%	1h	0.1315	−0.481%	$5K	$211K	5x	as long as short
BloFin OPG-USDTlong	+0.0138%	4h	0.1321	long leg	$221K	$73K	20x
Coinbase International OPG-PERP-INTX	+0.2448%	1h	0.1353	+2.452%	$33K	$29K	50x	as long as short