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

OPG

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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: 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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.119%+$12 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: 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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate OPG_USDT0.13340.0100pay 0.0050% / 4h3h 55m$324K$889K20x
ShortKuCoin OPGUSDTM0.13330.0100get 0.0050% / 4h3h 55m$656K$3.1M20x

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 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: −0.097% → +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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 61 min ago11.22 bp263.3 bp −$263doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 11 min ago6.30 bp282.1 bp −$282doesn'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
Binance OPGUSDT+0.0100%4h0.1326−0.600%$6.3M$35.4M20xas long as short
Bybit OPGUSDT+0.0100%4h0.1324−0.750%$3.2M$10.8M20xas long as short
OKX OPG-USDT-SWAP+0.0100%4h0.1326−0.585%$548K$13.6M20xas long as short
Gate OPG_USDTlong+0.0100%4h0.1334long leg$324K$889K20x
MEXC OPG_USDT+0.0100%4h0.1324−0.750%$477K$769K20xas long as short
KuCoin OPGUSDTMshort+0.0100%4h0.1333−0.097%$656K$3.1M20x
Bitget OPGUSDT+0.0100%4h0.1326−0.600%$865K$3.1M20xas long as short
BingX OPG-USDT+0.0100%4h0.1327−0.525%$1.9Mas long as short
Variational Omni OPG+0.0100%4h0.1337+0.256%$287K$498Kas long as short
Extended OPG-USD+0.0104%1h0.1334+0.025%$4K$95K5xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin OPG-USDT+0.0148%4h0.1346+0.900%$228K$76K20xas long as short
Aster OPGUSDT+0.0259%4h0.1335+0.068%$440K$165K5xas long as short
Coinbase International OPG-PERP-INTX+0.2160%1h0.1368+2.563%$33K$33K50xas long as short