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

OPG

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.036%
Price spread now: Extended against Bybit+0.077%7-day average · you sell dearer than you buy
Net, funding: paid 7d − costs−$261as in the Funding arb table
Net, price: spread back to 7d avg − costs−$272as in the Price arb table
costs, in and out, $10k−$2802.800% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.188%+$19 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.077% dearer against Bybit than usual: you sell high and buy low, +$8 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit OPGUSDT0.13240.0100pay 0.0050% / 4h50m 39s$3.2M$10.8M20x
ShortExtended OPG-USD0.13250.0104get 0.0013% / 1h50m 39s$1K$99K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: +0.077% → 0.000%
$7.71
Slippage, 4 orders
−$263.98
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$271.43
Costs to cover
2.800%
Break-even
2268.9 days
Slippage from Bybit: live order book, 3 min ago; Extended: live order book, 57 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, 3 min ago2.26 bp76.6 bp −$771192.6 bp −$11.9Kdoesn't fitdoesn't fit
Sell Extended live order book, 57 min ago8.03 bp65.2 bp −$65doesn't fitdoesn'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+0.0088%4h0.1324+0.030%$220K$73K20xas long as short
Binance OPGUSDT+0.0100%4h0.1326+0.154%$6.3M$34.9M20xas long as short
Bybit OPGUSDTlong+0.0100%4h0.1324long leg$3.2M$10.8M20x
OKX OPG-USDT-SWAP+0.0100%4h0.1325+0.068%$537K$13.5M20xas long as short
Gate OPG_USDT+0.0100%4h0.1323−0.045%$323K$883K20xas long as short
MEXC OPG_USDT+0.0100%4h0.1324+0.030%$492K$779K20xas long as short
KuCoin OPGUSDTM+0.0100%4h0.1324+0.008%$653K$3.1M20xas long as short
Bitget OPGUSDT+0.0100%4h0.1325+0.106%$875K$3.1M20xas long as short
BingX OPG-USDT+0.0100%4h0.1324+0.030%$1.9Mas long as short
Variational Omni OPG+0.0100%4h0.1323−0.029%$285K$497Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended OPG-USDshort+0.0104%1h0.1325+0.077%$1K$99K5x
Aster OPGUSDT+0.0312%4h0.1326+0.159%$437K$164K5xas long as short
Coinbase International OPG-PERP-INTX+0.1864%1h0.1352+2.124%$33K$33K50xas long as short