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

OPG

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: MEXC against Extended+0.027%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1501.498% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.363%+$36 · spread now +0.027%, 7d avg +0.002%
Together, before fees+0.364%+ Points / potential airdropExtended: Active · farm board+$36 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: MEXC is 0.025% dearer against Extended than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended OPG-USD0.13480.0104pay 0.0013% / 1h14m 04s$4K$217K5x
ShortMEXC OPG_USDT0.13480.0100get 0.0050% / 4h3h 14m$475K$463K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: +0.027% → +0.002%
$2.46
Slippage, 4 orders
−$140.76
Fee Extended: 2.5 bp × 2 orders
−$5
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$148.14
Costs to cover
1.498%
Break-even
never at this rate
Slippage from Extended: live order book, 59 min ago; MEXC: 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, 59 min ago8.96 bp59.8 bp −$60477.2 bp −$4,772doesn't fitdoesn't fit
Sell MEXC live order book, 5 min ago3.72 bp15.5 bp −$1663.4 bp −$634340.8 bp −$34.1Kdoesn'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
Binance OPGUSDT+0.0100%4h0.1349+0.101%$6.3M$18.1M20xas long as short
Bybit OPGUSDT+0.0100%4h0.1348−0.003%$3.2M$6.7M20xas long as short
OKX OPG-USDT-SWAP+0.0100%4h0.1348+0.034%$567K$7.6M20xas long as short
Gate OPG_USDT+0.0100%4h0.1346−0.122%$315K$388K20xas long as short
MEXC OPG_USDTshort+0.0100%4h0.1348+0.027%$475K$463K20x
KuCoin OPGUSDTM+0.0100%4h0.1348−0.003%$632K$2.4M20xas long as short
Bitget OPGUSDT+0.0100%4h0.1349+0.101%$865K$2.0M20xas long as short
BingX OPG-USDT+0.0100%4h0.1348+0.027%$1.8Mas long as short
Variational Omni OPG+0.0100%4h0.1346−0.103%$277K$239Kas long as short
Extended OPG-USDlong+0.0104%1h0.1348long leg$4K$217K5x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin OPG-USDT+0.0119%4h0.1352+0.323%$227K$51K20xas long as short
Aster OPGUSDT+0.0301%4h0.1350+0.175%$453K$115K5xas long as short
Coinbase International OPG-PERP-INTX+0.2640%1h0.1400+3.885%$34K$6K50xas long as short