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

OPG

all OPG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.034%
Price spread now: Binance against Bybit+0.077%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$217as in the Funding arb table
Net, price: spread back to 7d avg − costs−$235as in the Price arb table
costs, in and out, $10k−$2362.358% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.189%+$19 on $10k
Price spread, last 7 days+0.040%+$4 · spread now +0.077%, 7d avg +0.073%
Together, before fees+0.229%+$23 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit OPGUSDT0.12950.0100pay 0.0050% / 4h3h 11m$3.1M$10.9M20x
ShortBinance OPGUSDT0.12960.0100get 0.0050% / 4h3h 11m$6.1M$35.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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
$0
Price spread: +0.077% → +0.073%
$0.44
Slippage, 4 orders
−$214.79
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$235.35
Costs to cover
2.358%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; Binance: live order book, 15 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 Bybit live order book, 1 min ago5.00 bp101.0 bp −$1011433.1 bp −$14.3Kdoesn't fitdoesn't fit
Sell Binance live order book, 15 min ago3.79 bp21.7 bp −$22124.3 bp −$1,243doesn'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-USDT+0.0079%4h0.1303+0.618%$223K$73K20xas long as short
Binance OPGUSDTshort+0.0100%4h0.1296+0.077%$6.1M$35.8M20x
Bybit OPGUSDTlong+0.0100%4h0.1295long leg$3.1M$10.9M20x
OKX OPG-USDT-SWAP+0.0100%4h0.1297+0.124%$564K$13.4M20xas long as short
Gate OPG_USDT+0.0100%4h0.1297+0.154%$315K$896K20xas long as short
MEXC OPG_USDT+0.0100%4h0.12950.000%$462K$774K20xas long as short
KuCoin OPGUSDTM+0.0100%4h0.1297+0.139%$632K$3.1M20xas long as short
Bitget OPGUSDT+0.0100%4h0.1297+0.154%$833K$3.2M20xas long as short
BingX OPG-USDT+0.0100%4h0.1298+0.232%$1.9Mas long as short
Variational Omni OPG+0.0100%4h0.1300+0.423%$280K$498Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended OPG-USD+0.0104%1h0.1297+0.120%$5K$105K5xas long as short
Aster OPGUSDT+0.0137%4h0.1304+0.678%$430K$165K5xas long as short
Coinbase International OPG-PERP-INTX+0.2160%1h0.1349+4.192%$33K$33K50xas long as short