Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Binance against Extended−0.028%7-day average — · you buy dearer than you sell
Net, funding: paid 7d − costs−$198as in the Funding arb table
Net, price: spread back to 7d avg − costs−$201as in the Price arb table
costs, in and out, $10k−$1981.980% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.028% cheaper against Extended than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended OPG-USD | 0.1300 | 0.0104 | pay 0.0013% / 1h | 12m 28s | $1K | $100K | 5x |
| Short | Binance OPGUSDT | 0.1299 | 0.0100 | get 0.0050% / 4h | 3h 12m | $6.1M | $35.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Extended. 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
- −$0.84
- Price spread: −0.028% → 0.000%
- −$2.79
- Slippage, 4 orders
- −$182.99
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$201.62
- Costs to cover
- 1.980%
- Break-even
- never at this rate
Slippage from Extended: live order book, 16 min ago; Binance: live order book, 14 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 Extended live order book, 16 min ago | 9.10 bp | 76.2 bp −$76 | 526.4 bp −$5,264 | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 3.79 bp | 21.7 bp −$22 | 124.3 bp −$1,243 | 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 | +0.0079% | 4h | 0.1303 | +0.268% | $223K | $73K | 20x | as long as short |
| Binance OPGUSDTshort | +0.0100% | 4h | 0.1299 | −0.028% | $6.1M | $35.8M | 20x | |
| Bybit OPGUSDT | +0.0100% | 4h | 0.1298 | −0.156% | $3.1M | $10.9M | 20x | as long as short |
| OKX OPG-USDT-SWAP | +0.0100% | 4h | 0.1300 | +0.037% | $563K | $13.5M | 20x | as long as short |
| Gate OPG_USDT | +0.0100% | 4h | 0.1298 | −0.117% | $315K | $896K | 20x | as long as short |
| MEXC OPG_USDT | +0.0100% | 4h | 0.1298 | −0.117% | $463K | $774K | 20x | as long as short |
| KuCoin OPGUSDTM | +0.0100% | 4h | 0.1299 | −0.063% | $632K | $3.1M | 20x | as long as short |
| Bitget OPGUSDT | +0.0100% | 4h | 0.1299 | −0.040% | $834K | $3.2M | 20x | as long as short |
| BingX OPG-USDT | +0.0100% | 4h | 0.1298 | −0.117% | — | $1.9M | — | as long as short |
| Variational Omni OPG | +0.0100% | 4h | 0.1300 | +0.073% | $280K | $498K | — | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended OPG-USDlong | +0.0104% | 1h | 0.1300 | long leg | $1K | $100K | 5x | |
| Aster OPGUSDT | +0.0137% | 4h | 0.1306 | +0.483% | $431K | $165K | 5x | as long as short |
| Coinbase International OPG-PERP-INTX | +0.2160% | 1h | 0.1349 | +3.830% | $33K | $33K | 50x | as long as short |
Extended OPG-USD
Binance OPGUSDT
BloFin OPG-USDT
Bybit OPGUSDT
OKX OPG-USDT-SWAP
Gate OPG_USDT
MEXC OPG_USDT
KuCoin OPGUSDTM
Bitget OPGUSDT
BingX OPG-USDT
Variational Omni OPG
Aster OPGUSDT
Coinbase International OPG-PERP-INTX