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: KuCoin against Gate−0.097%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,121as in the Price arb table
costs, in and out, $10k−$1,11011.104% of the position
Funding, last 7 days−0.065%−$6 on $10k
+Price spread, last 4 days (all we have)+0.184%+$18 · spread now −0.097%, 7d avg +0.007%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.104% cheaper against Gate than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate OPG_USDT | 0.1334 | 0.0100 | pay 0.0050% / 4h | 3h 55m | $324K | $889K | 20x |
| Short | KuCoin OPGUSDTM | 0.1333 | 0.0100 | get 0.0050% / 4h | 3h 55m | $656K | $3.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.097% → +0.007%
- −$10.41
- Slippage, 4 orders
- −$1,083.4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,120.81
- Costs to cover
- 11.104%
- Break-even
- never at this rate
Slippage from Gate: live order book, 61 min ago; KuCoin: live order book, 11 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, 61 min ago | 11.22 bp | 263.3 bp −$263 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 11 min ago | 6.30 bp | 282.1 bp −$282 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance OPGUSDT | +0.0100% | 4h | 0.1326 | −0.600% | $6.3M | $35.4M | 20x | as long as short |
| Bybit OPGUSDT | +0.0100% | 4h | 0.1324 | −0.750% | $3.2M | $10.8M | 20x | as long as short |
| OKX OPG-USDT-SWAP | +0.0100% | 4h | 0.1326 | −0.585% | $548K | $13.6M | 20x | as long as short |
| Gate OPG_USDTlong | +0.0100% | 4h | 0.1334 | long leg | $324K | $889K | 20x | |
| MEXC OPG_USDT | +0.0100% | 4h | 0.1324 | −0.750% | $477K | $769K | 20x | as long as short |
| KuCoin OPGUSDTMshort | +0.0100% | 4h | 0.1333 | −0.097% | $656K | $3.1M | 20x | |
| Bitget OPGUSDT | +0.0100% | 4h | 0.1326 | −0.600% | $865K | $3.1M | 20x | as long as short |
| BingX OPG-USDT | +0.0100% | 4h | 0.1327 | −0.525% | — | $1.9M | — | as long as short |
| Variational Omni OPG | +0.0100% | 4h | 0.1337 | +0.256% | $287K | $498K | — | as long as short |
| Extended OPG-USD | +0.0104% | 1h | 0.1334 | +0.025% | $4K | $95K | 5x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin OPG-USDT | +0.0148% | 4h | 0.1346 | +0.900% | $228K | $76K | 20x | as long as short |
| Aster OPGUSDT | +0.0259% | 4h | 0.1335 | +0.068% | $440K | $165K | 5x | as long as short |
| Coinbase International OPG-PERP-INTX | +0.2160% | 1h | 0.1368 | +2.563% | $33K | $33K | 50x | as long as short |
Gate OPG_USDT
KuCoin OPGUSDTM
Binance OPGUSDT
Bybit OPGUSDT
OKX OPG-USDT-SWAP
MEXC OPG_USDT
Bitget OPGUSDT
BingX OPG-USDT
Variational Omni OPG
Extended OPG-USD
BloFin OPG-USDT
Aster OPGUSDT
Coinbase International OPG-PERP-INTX