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

OPG

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.015%
Price spread now: Gate against Extended−0.080%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$573as in the Funding arb table
Net, price: spread back to 7d avg − costs−$580as in the Price arb table
costs, in and out, $10k−$5765.756% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.022%+$2 on $10k
Price spread, last 4 days (all we have)+0.171%+$17 · spread now −0.080%, 7d avg −0.034%
Together, before fees+0.193%+ Points / potential airdropExtended: Active · farm board+$19 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.046% cheaper against Extended than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.034%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended OPG-USD0.13270.0104pay 0.0013% / 1h52m 40s$4K$96K5x
ShortGate OPG_USDT0.13260.0100get 0.0050% / 4h52m 40s$323K$883K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.080% → −0.034%
−$4.58
Slippage, 4 orders
−$555.58
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$581
Costs to cover
5.756%
Break-even
never at this rate
Slippage from Extended: live order book, 55 min ago; Gate: live order book, 4 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, 55 min ago8.03 bp59.5 bp −$59494.1 bp −$4,941doesn't fitdoesn't fit
Sell Gate live order book, 4 min ago11.22 bp187.6 bp −$188doesn't fitdoesn'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
BloFin OPG-USDT+0.0065%4h0.1340+0.975%$223K$74K20xas long as short
Binance OPGUSDT+0.0100%4h0.1327−0.028%$6.3M$34.9M20xas long as short
Bybit OPGUSDT+0.0100%4h0.1325−0.133%$3.2M$10.8M20xas long as short
OKX OPG-USDT-SWAP+0.0100%4h0.1324−0.216%$539K$13.4M20xas long as short
Gate OPG_USDTshort+0.0100%4h0.1326−0.080%$323K$883K20x
MEXC OPG_USDT+0.0100%4h0.1325−0.155%$492K$779K20xas long as short
KuCoin OPGUSDTM+0.0100%4h0.1327−0.005%$655K$3.1M20xas long as short
Bitget OPGUSDT+0.0100%4h0.1327−0.005%$876K$3.1M20xas long as short
BingX OPG-USDT+0.0100%4h0.1328+0.071%$1.9Mas long as short
Variational Omni OPG+0.0100%4h0.1336+0.698%$287K$497Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended OPG-USDlong+0.0104%1h0.1327long leg$4K$96K5x
Aster OPGUSDT+0.0320%4h0.1329+0.146%$439K$164K5xas long as short
Coinbase International OPG-PERP-INTX+0.1864%1h0.1352+1.857%$33K$33K50xas long as short