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: OKX against Bybit−0.015%7-day average +0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$264as in the Funding arb table
Net, price: spread back to 7d avg − costs−$289as in the Price arb table
costs, in and out, $10k−$2832.831% of the position
Funding, last 7 days+0.188%+$19 on $10k
+Price spread, last 7 days+0.107%+$11 · spread now −0.015%, 7d avg +0.046%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.061% cheaper against Bybit than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.046%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit OPGUSDT | 0.1308 | 0.0100 | pay 0.0050% / 4h | 2h 16m | $3.1M | $10.3M | 20x |
| Short | OKX OPG-USDT-SWAP | 0.1308 | 0.0100 | get 0.0050% / 4h | 2h 16m | $560K | $13.2M | 20x |
Bybit OPGUSDT
OKX OPG-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.015% → +0.046%
- −$6.11
- Slippage, 4 orders
- −$262.09
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$289.2
- Costs to cover
- 2.831%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; OKX: live order book, 2 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, 2 min ago | 3.06 bp | 98.6 bp −$99 | 1662.9 bp −$16.6K | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 3.06 bp | 54.0 bp −$54 | 257.8 bp −$2,578 | 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 | +0.0062% | 4h | 0.1314 | +0.482% | $223K | $73K | 20x | as long as short |
| Aster OPGUSDT | +0.0100% | 4h | 0.1314 | +0.461% | $433K | $159K | 5x | as long as short |
| Binance OPGUSDT | +0.0100% | 4h | 0.1307 | −0.018% | $6.1M | $33.0M | 20x | as long as short |
| Bybit OPGUSDTlong | +0.0100% | 4h | 0.1308 | long leg | $3.1M | $10.3M | 20x | |
| OKX OPG-USDT-SWAPshort | +0.0100% | 4h | 0.1308 | −0.015% | $560K | $13.2M | 20x | |
| Gate OPG_USDT | +0.0100% | 4h | 0.1306 | −0.130% | $318K | $821K | 20x | as long as short |
| MEXC OPG_USDT | +0.0100% | 4h | 0.1307 | −0.054% | $467K | $785K | 20x | as long as short |
| KuCoin OPGUSDTM | +0.0100% | 4h | 0.1306 | −0.145% | $632K | $3.0M | 20x | as long as short |
| Bitget OPGUSDT | +0.0100% | 4h | 0.1307 | −0.054% | $832K | $3.1M | 20x | as long as short |
| BingX OPG-USDT | +0.0100% | 4h | 0.1307 | −0.054% | — | $1.9M | — | as long as short |
BloFin OPG-USDT
Aster OPGUSDT
Binance OPGUSDT
Gate OPG_USDT
MEXC OPG_USDT
KuCoin OPGUSDTM
Bitget OPGUSDT
BingX OPG-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni OPG | +0.0100% | 4h | 0.1317 | +0.720% | $284K | $398K | — | as long as short |
| Extended OPG-USD | +0.0104% | 1h | 0.1307 | −0.046% | $5K | $211K | 5x | as long as short |
| Coinbase International OPG-PERP-INTX | +0.2448% | 1h | 0.1353 | +3.494% | $33K | $29K | 50x | as long as short |
Variational Omni OPG
Extended OPG-USD
Coinbase International OPG-PERP-INTX