Funding you earn now, next payment 03:00 UTC−0.1760%/8h= −192.7% APRnext payment −$2.20 per $10,000 · paid last 24h −0.462%
Price spread now: Extended against Coinbase International−2.077%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$53 a day on $10k at the current rate, and Extended is 2.077% cheaper against Coinbase International than usual: you would sell low and buy high (−$208 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International OPG-PERP-INTX | 0.1352 | 0.1864 | pay 0.0233% / 1h | 51m 18s | $33K | $33K | 50x |
| Short | Extended OPG-USD | 0.1324 | 0.0104 | get 0.0013% / 1h | 51m 18s | $4K | $96K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Coinbase International. 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
- −$369.6
- Price spread: −2.077% → 0.000%
- −$207.69
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$592.29
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; Extended: live order book, 57 min ago. Net counts fees only.
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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 57 min ago | 8.03 bp | 65.2 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
Coinbase International: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | +0.0088% | 4h | 0.1324 | −2.050% | $220K | $73K | 20x | as long as short |
| Binance OPGUSDT | +0.0100% | 4h | 0.1324 | −2.050% | $6.3M | $34.9M | 20x | as long as short |
| Bybit OPGUSDT | +0.0100% | 4h | 0.1323 | −2.117% | $3.2M | $10.8M | 20x | as long as short |
| OKX OPG-USDT-SWAP | +0.0100% | 4h | 0.1323 | −2.102% | $537K | $13.4M | 20x | as long as short |
| Gate OPG_USDT | +0.0100% | 4h | 0.1322 | −2.198% | $322K | $883K | 20x | as long as short |
| MEXC OPG_USDT | +0.0100% | 4h | 0.1323 | −2.124% | $492K | $779K | 20x | as long as short |
| KuCoin OPGUSDTM | +0.0100% | 4h | 0.1324 | −2.065% | $655K | $3.1M | 20x | as long as short |
| Bitget OPGUSDT | +0.0100% | 4h | 0.1324 | −2.050% | $874K | $3.1M | 20x | as long as short |
| BingX OPG-USDT | +0.0100% | 4h | 0.1323 | −2.124% | — | $1.9M | — | as long as short |
| Variational Omni OPG | +0.0100% | 4h | 0.1336 | −1.138% | $287K | $497K | — | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended OPG-USDshort | +0.0104% | 1h | 0.1324 | −2.077% | $4K | $96K | 5x | |
| Aster OPGUSDT | +0.0312% | 4h | 0.1326 | −1.931% | $437K | $164K | 5x | as long as short |
| Coinbase International OPG-PERP-INTXlong | +0.1864% | 1h | 0.1352 | long leg | $33K | $33K | 50x |
Coinbase International OPG-PERP-INTX
Extended OPG-USD
BloFin OPG-USDT
Binance OPGUSDT
Bybit OPGUSDT
OKX OPG-USDT-SWAP
Gate OPG_USDT
MEXC OPG_USDT
KuCoin OPGUSDTM
Bitget OPGUSDT
BingX OPG-USDT
Variational Omni OPG
Aster OPGUSDT