Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.021%
Price spread now: Gate against Bybit−0.193%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$589as in the Funding arb table
Net, price: spread back to 7d avg − costs−$627as in the Price arb table
costs, in and out, $10k−$6106.101% of the position
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 4 days (all we have)+0.229%+$23 · spread now −0.193%, 7d avg −0.021%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.172% cheaper against Bybit than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of −0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit OPGUSDT | 0.1351 | 0.0100 | pay 0.0050% / 4h | 4m 01s | $3.3M | $10.8M | 20x |
| Short | Gate OPG_USDT | 0.1348 | 0.0100 | get 0.0050% / 4h | 4m 01s | $328K | $888K | 20x |
Bybit OPGUSDT
Gate OPG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.193% → −0.021%
- −$17.2
- Slippage, 4 orders
- −$584.09
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$627.29
- Costs to cover
- 6.101%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Gate: live order book, 53 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, 4 min ago | 5.56 bp | 81.6 bp −$82 | 1001.1 bp −$10.0K | doesn't fit | doesn't fit |
| Sell Gate live order book, 53 min ago | 11.22 bp | 187.6 bp −$188 | doesn't fit | 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 | +0.0064% | 4h | 0.1352 | +0.104% | $229K | $76K | 20x | as long as short |
| Binance OPGUSDT | +0.0100% | 4h | 0.1351 | +0.013% | $6.4M | $35.3M | 20x | as long as short |
| Bybit OPGUSDTlong | +0.0100% | 4h | 0.1351 | long leg | $3.3M | $10.8M | 20x | |
| OKX OPG-USDT-SWAP | +0.0100% | 4h | 0.1350 | −0.015% | $552K | $13.9M | 20x | as long as short |
| Gate OPG_USDTshort | +0.0100% | 4h | 0.1348 | −0.193% | $328K | $888K | 20x | |
| MEXC OPG_USDT | +0.0100% | 4h | 0.1350 | −0.044% | $490K | $784K | 20x | as long as short |
| KuCoin OPGUSDTM | +0.0100% | 4h | 0.1349 | −0.089% | $667K | $3.1M | 20x | as long as short |
| Bitget OPGUSDT | +0.0100% | 4h | 0.1350 | −0.044% | $882K | $3.1M | 20x | as long as short |
| BingX OPG-USDT | +0.0100% | 4h | 0.1352 | +0.104% | — | $1.9M | — | as long as short |
| Variational Omni OPG | +0.0100% | 4h | 0.1356 | +0.419% | $292K | $498K | — | as long as short |
BloFin OPG-USDT
Binance OPGUSDT
OKX OPG-USDT-SWAP
MEXC OPG_USDT
KuCoin OPGUSDTM
Bitget OPGUSDT
BingX OPG-USDT
Variational Omni OPGShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended OPG-USD | +0.0104% | 1h | 0.1352 | +0.074% | $4K | $98K | 5x | as long as short |
| Aster OPGUSDT | +0.0316% | 4h | 0.1353 | +0.178% | $446K | $165K | 5x | as long as short |
| Coinbase International OPG-PERP-INTX | +0.1864% | 1h | 0.1368 | +1.302% | $33K | $33K | 50x | as long as short |
Extended OPG-USD
Aster OPGUSDT
Coinbase International OPG-PERP-INTX