Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.013%
Price spread now: Binance against Gate+0.075%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$750as in the Funding arb table
Net, price: spread back to 7d avg − costs−$747as in the Price arb table
costs, in and out, $10k−$7487.476% of the position
Funding, last 7 days−0.021%−$2 on $10k
+Price spread, last 4 days (all we have)−0.121%−$12 · spread now +0.075%, 7d avg +0.072%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate OPG_USDT | 0.1335 | 0.0100 | pay 0.0050% / 4h | 1h 43m | $327K | $775K | 20x |
| Short | Binance OPGUSDT | 0.1336 | 0.0100 | get 0.0050% / 4h | 1h 43m | $6.2M | $31.9M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- Price spread: +0.075% → +0.072%
- $0.25
- Slippage, 4 orders
- −$722.61
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$747.37
- Costs to cover
- 7.476%
- Break-even
- never at this rate
Slippage from Gate: live order book, 63 min ago; Binance: live order book, 13 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 Gate live order book, 63 min ago | 7.66 bp | 318.0 bp −$318 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 3.78 bp | 35.2 bp −$35 | 167.8 bp −$1,678 | 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 | +0.0075% | 4h | 0.1338 | +0.225% | $220K | $72K | 20x | as long as short |
| Aster OPGUSDT | +0.0100% | 4h | 0.1340 | +0.390% | $442K | $160K | 5x | as long as short |
| Binance OPGUSDTshort | +0.0100% | 4h | 0.1336 | +0.075% | $6.2M | $31.9M | 20x | |
| Bybit OPGUSDT | +0.0100% | 4h | 0.1335 | +0.015% | $3.2M | $10.1M | 20x | as long as short |
| OKX OPG-USDT-SWAP | +0.0100% | 4h | 0.1336 | +0.067% | $565K | $13.3M | 20x | as long as short |
| Gate OPG_USDTlong | +0.0100% | 4h | 0.1335 | long leg | $327K | $775K | 20x | |
| MEXC OPG_USDT | +0.0100% | 4h | 0.1336 | +0.075% | $472K | $710K | 20x | as long as short |
| KuCoin OPGUSDTM | +0.0100% | 4h | 0.1336 | +0.037% | $639K | $2.9M | 20x | as long as short |
| Bitget OPGUSDT | +0.0100% | 4h | 0.1336 | +0.075% | $859K | $2.9M | 20x | as long as short |
| BingX OPG-USDT | +0.0100% | 4h | 0.1333 | −0.150% | — | $1.9M | — | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni OPG | +0.0100% | 4h | 0.1330 | −0.373% | $282K | $431K | — | as long as short |
| Extended OPG-USD | +0.0104% | 1h | 0.1337 | +0.126% | $2K | $212K | 5x | as long as short |
| Coinbase International OPG-PERP-INTX | +0.2824% | 1h | 0.1360 | +1.883% | $33K | $29K | 50x | as long as short |
Gate OPG_USDT
Binance OPGUSDT
BloFin OPG-USDT
Aster OPGUSDT
Bybit OPGUSDT
OKX OPG-USDT-SWAP
MEXC OPG_USDT
KuCoin OPGUSDTM
Bitget OPGUSDT
BingX OPG-USDT
Variational Omni OPG
Extended OPG-USD
Coinbase International OPG-PERP-INTX