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
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
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended OPG-USD | 0.1333 | 0.0104 | pay 0.0013% / 1h | 42m 44s | $2K | $212K | 5x |
| Short | Bybit OPGUSDT | 0.1333 | 0.0100 | get 0.0050% / 4h | 1h 42m | $3.2M | $10.1M | 20x |
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 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: −0.014% → −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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Extended live order book, 40 min ago | 9.43 bp | 78.5 bp −$78 | 520.6 bp −$5,206 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 5.58 bp | 70.6 bp −$71 | 415.1 bp −$4,151 | 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 | 0.1338 | +0.410% | $441K | $160K | 5x | as long as short |
| Binance OPGUSDT | +0.0100% | 4h | 0.1332 | −0.030% | $6.2M | $31.9M | 20x | as long as short |
| Bybit OPGUSDTshort | +0.0100% | 4h | 0.1333 | −0.014% | $3.2M | $10.1M | 20x | |
| OKX OPG-USDT-SWAP | +0.0100% | 4h | 0.1333 | +0.053% | $564K | $13.3M | 20x | as long as short |
| Gate OPG_USDT | +0.0100% | 4h | 0.1333 | +0.023% | $327K | $776K | 20x | as long as short |
| MEXC OPG_USDT | +0.0100% | 4h | 0.1332 | −0.052% | $470K | $710K | 20x | as long as short |
| KuCoin OPGUSDTM | +0.0100% | 4h | 0.1333 | +0.016% | $636K | $2.9M | 20x | as long as short |
| Bitget OPGUSDT | +0.0100% | 4h | 0.1333 | +0.023% | $857K | $2.9M | 20x | as long as short |
| BingX OPG-USDT | +0.0100% | 4h | 0.1333 | +0.023% | — | $1.9M | — | as long as short |
| Variational Omni OPG | +0.0100% | 4h | 0.1330 | −0.200% | $282K | $431K | — | 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 | 0.1333 | long leg | $2K | $212K | 5x | |
| BloFin OPG-USDT | +0.0125% | 4h | 0.1337 | +0.323% | $220K | $72K | 20x | as long as short |
| Coinbase International OPG-PERP-INTX | +0.2824% | 1h | 0.1360 | +2.060% | $33K | $29K | 50x | as long as short |
Extended OPG-USD
Bybit OPGUSDT
Aster OPGUSDT
Binance OPGUSDT
OKX OPG-USDT-SWAP
Gate OPG_USDT
MEXC OPG_USDT
KuCoin OPGUSDTM
Bitget OPGUSDT
BingX OPG-USDT
Variational Omni OPG
BloFin OPG-USDT
Coinbase International OPG-PERP-INTX