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: KuCoin against Bybit+0.031%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,034as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,047as in the Price arb table
costs, in and out, $10k−$1,04910.488% of the position
Funding, last 7 days+0.145%+$15 on $10k
+Price spread, last 7 days+0.022%+$2 · spread now +0.031%, 7d avg +0.010%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.020% dearer against Bybit than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit OPGUSDT | 0.1302 | 0.0100 | pay 0.0050% / 4h | 2h 12m | $3.1M | $10.3M | 20x |
| Short | KuCoin OPGUSDTM | 0.1303 | 0.0100 | get 0.0050% / 4h | 2h 12m | $627K | $3.0M | 20x |
Bybit OPGUSDT
KuCoin OPGUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +0.031% → +0.010%
- $2.04
- Slippage, 4 orders
- −$1,025.81
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,046.77
- Costs to cover
- 10.488%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; KuCoin: live order book, 5 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 | 0.77 bp | 53.6 bp −$54 | 812.7 bp −$8,127 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 9.57 bp | 424.2 bp −$424 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster OPGUSDT | +0.0100% | 4h | 0.1310 | +0.620% | $432K | $159K | 5x | as long as short |
| Binance OPGUSDT | +0.0100% | 4h | 0.1303 | +0.054% | $6.0M | $32.9M | 20x | as long as short |
| Bybit OPGUSDTlong | +0.0100% | 4h | 0.1302 | long leg | $3.1M | $10.3M | 20x | |
| OKX OPG-USDT-SWAP | +0.0100% | 4h | 0.1305 | +0.230% | $555K | $13.1M | 20x | as long as short |
| Gate OPG_USDT | +0.0100% | 4h | 0.1305 | +0.207% | $318K | $821K | 20x | as long as short |
| MEXC OPG_USDT | +0.0100% | 4h | 0.1302 | −0.023% | $462K | $786K | 20x | as long as short |
| KuCoin OPGUSDTMshort | +0.0100% | 4h | 0.1303 | +0.031% | $627K | $3.0M | 20x | |
| Bitget OPGUSDT | +0.0100% | 4h | 0.1303 | +0.054% | $829K | $3.1M | 20x | as long as short |
| BingX OPG-USDT | +0.0100% | 4h | 0.1302 | −0.023% | — | $1.9M | — | as long as short |
| Variational Omni OPG | +0.0100% | 4h | 0.1307 | +0.387% | $282K | $394K | — | as long as short |
Aster OPGUSDT
Binance OPGUSDT
OKX OPG-USDT-SWAP
Gate OPG_USDT
MEXC OPG_USDT
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 | 0.1303 | +0.028% | $1K | $215K | 5x | as long as short |
| BloFin OPG-USDT | +0.0149% | 4h | 0.1306 | +0.284% | $221K | $72K | 20x | as long as short |
| Coinbase International OPG-PERP-INTX | +0.2448% | 1h | 0.1353 | +3.923% | $33K | $29K | 50x | as long as short |
Extended OPG-USD
BloFin OPG-USDT
Coinbase International OPG-PERP-INTX