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

OPG

all OPG markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.142%−$14 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate OPG_USDT0.13350.0100pay 0.0050% / 4h1h 43m$327K$775K20x
ShortBinance OPGUSDT0.13360.0100get 0.0050% / 4h1h 43m$6.2M$31.9M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 63 min ago7.66 bp318.0 bp −$318doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 13 min ago3.78 bp35.2 bp −$35167.8 bp −$1,678doesn'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+0.0075%4h0.1338+0.225%$220K$72K20xas long as short
Aster OPGUSDT+0.0100%4h0.1340+0.390%$442K$160K5xas long as short
Binance OPGUSDTshort+0.0100%4h0.1336+0.075%$6.2M$31.9M20x
Bybit OPGUSDT+0.0100%4h0.1335+0.015%$3.2M$10.1M20xas long as short
OKX OPG-USDT-SWAP+0.0100%4h0.1336+0.067%$565K$13.3M20xas long as short
Gate OPG_USDTlong+0.0100%4h0.1335long leg$327K$775K20x
MEXC OPG_USDT+0.0100%4h0.1336+0.075%$472K$710K20xas long as short
KuCoin OPGUSDTM+0.0100%4h0.1336+0.037%$639K$2.9M20xas long as short
Bitget OPGUSDT+0.0100%4h0.1336+0.075%$859K$2.9M20xas long as short
BingX OPG-USDT+0.0100%4h0.1333−0.150%$1.9Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni OPG+0.0100%4h0.1330−0.373%$282K$431Kas long as short
Extended OPG-USD+0.0104%1h0.1337+0.126%$2K$212K5xas long as short
Coinbase International OPG-PERP-INTX+0.2824%1h0.1360+1.883%$33K$29K50xas long as short