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
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%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit OPGUSDT | 0.1295 | 0.0100 | pay 0.0050% / 4h | 3h 11m | $3.1M | $10.9M | 20x |
| Short | Binance OPGUSDT | 0.1296 | 0.0100 | get 0.0050% / 4h | 3h 11m | $6.1M | $35.8M | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 1 min ago | 5.00 bp | 101.0 bp −$101 | 1433.1 bp −$14.3K | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 3.79 bp | 21.7 bp −$22 | 124.3 bp −$1,243 | 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-USDT | +0.0079% | 4h | 0.1303 | +0.618% | $223K | $73K | 20x | as long as short |
| Binance OPGUSDTshort | +0.0100% | 4h | 0.1296 | +0.077% | $6.1M | $35.8M | 20x | |
| Bybit OPGUSDTlong | +0.0100% | 4h | 0.1295 | long leg | $3.1M | $10.9M | 20x | |
| OKX OPG-USDT-SWAP | +0.0100% | 4h | 0.1297 | +0.124% | $564K | $13.4M | 20x | as long as short |
| Gate OPG_USDT | +0.0100% | 4h | 0.1297 | +0.154% | $315K | $896K | 20x | as long as short |
| MEXC OPG_USDT | +0.0100% | 4h | 0.1295 | 0.000% | $462K | $774K | 20x | as long as short |
| KuCoin OPGUSDTM | +0.0100% | 4h | 0.1297 | +0.139% | $632K | $3.1M | 20x | as long as short |
| Bitget OPGUSDT | +0.0100% | 4h | 0.1297 | +0.154% | $833K | $3.2M | 20x | as long as short |
| BingX OPG-USDT | +0.0100% | 4h | 0.1298 | +0.232% | — | $1.9M | — | as long as short |
| Variational Omni OPG | +0.0100% | 4h | 0.1300 | +0.423% | $280K | $498K | — | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended OPG-USD | +0.0104% | 1h | 0.1297 | +0.120% | $5K | $105K | 5x | as long as short |
| Aster OPGUSDT | +0.0137% | 4h | 0.1304 | +0.678% | $430K | $165K | 5x | as long as short |
| Coinbase International OPG-PERP-INTX | +0.2160% | 1h | 0.1349 | +4.192% | $33K | $33K | 50x | as long as short |
Bybit OPGUSDT
Binance OPGUSDT
BloFin OPG-USDT
OKX OPG-USDT-SWAP
Gate OPG_USDT
MEXC OPG_USDT
KuCoin OPGUSDTM
Bitget OPGUSDT
BingX OPG-USDT
Variational Omni OPG
Extended OPG-USD
Aster OPGUSDT
Coinbase International OPG-PERP-INTX