Settings8H · net · $10k
Funding arb · Price arb /

OPG

all OPG markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.035%
Price spread now: Bybit against Extended−0.014%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$304as in the Funding arb table
Net, price: spread back to 7d avg − costs−$285as in the Price arb table
costs, in and out, $10k−$2852.853% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.188%−$19 on $10k
Price spread, last 4 days (all we have)+0.102%+$10 · spread now −0.014%, 7d avg −0.015%
Together, before fees−0.086%+ Points / potential airdropExtended: Active · farm board−$9 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended OPG-USD0.13330.0104pay 0.0013% / 1h42m 44s$2K$212K5x
ShortBybit OPGUSDT0.13330.0100get 0.0050% / 4h1h 42m$3.2M$10.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Extended. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
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: −0.014% → −0.015%
$0.03
Slippage, 4 orders
−$269.31
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$286.12
Costs to cover
2.853%
Break-even
never at this rate
Slippage from Extended: live order book, 40 min ago; Bybit: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 40 min ago9.43 bp78.5 bp −$78520.6 bp −$5,206doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago5.58 bp70.6 bp −$71415.1 bp −$4,151doesn't fitdoesn't fit

OPG on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster OPGUSDT+0.0100%4h0.1338+0.410%$441K$160K5xas long as short
Binance OPGUSDT+0.0100%4h0.1332−0.030%$6.2M$31.9M20xas long as short
Bybit OPGUSDTshort+0.0100%4h0.1333−0.014%$3.2M$10.1M20x
OKX OPG-USDT-SWAP+0.0100%4h0.1333+0.053%$564K$13.3M20xas long as short
Gate OPG_USDT+0.0100%4h0.1333+0.023%$327K$776K20xas long as short
MEXC OPG_USDT+0.0100%4h0.1332−0.052%$470K$710K20xas long as short
KuCoin OPGUSDTM+0.0100%4h0.1333+0.016%$636K$2.9M20xas long as short
Bitget OPGUSDT+0.0100%4h0.1333+0.023%$857K$2.9M20xas long as short
BingX OPG-USDT+0.0100%4h0.1333+0.023%$1.9Mas long as short
Variational Omni OPG+0.0100%4h0.1330−0.200%$282K$431Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended OPG-USDlong+0.0104%1h0.1333long leg$2K$212K5x
BloFin OPG-USDT+0.0125%4h0.1337+0.323%$220K$72K20xas long as short
Coinbase International OPG-PERP-INTX+0.2824%1h0.1360+2.060%$33K$29K50xas long as short