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: MEXC against Gate−0.076%7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$713as in the Funding arb table
Net, price: spread back to 7d avg − costs−$722as in the Price arb table
costs, in and out, $10k−$7117.105% of the position
Funding, last 7 days−0.022%−$2 on $10k
+Price spread, last 4 days (all we have)+0.030%+$3 · spread now −0.076%, 7d avg +0.038%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.113% cheaper against Gate than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate OPG_USDT | 0.1323 | 0.0100 | pay 0.0050% / 4h | 2h 21m | $325K | $817K | 20x |
| Short | MEXC OPG_USDT | 0.1322 | 0.0100 | get 0.0050% / 4h | 2h 21m | $472K | $785K | 20x |
Gate OPG_USDT
MEXC OPG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.076% → +0.038%
- −$11.32
- Slippage, 4 orders
- −$691.51
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$721.83
- Costs to cover
- 7.105%
- Break-even
- never at this rate
Slippage from Gate: live order book, 25 min ago; MEXC: live order book, 19 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, 25 min ago | 7.66 bp | 318.0 bp −$318 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 19 min ago | 3.80 bp | 11.4 bp −$11 | 75.4 bp −$754 | 374.5 bp −$37.4K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster OPGUSDT | +0.0100% | 4h | 0.1344 | +1.603% | $444K | $159K | 5x | as long as short |
| Binance OPGUSDT | +0.0100% | 4h | 0.1322 | −0.074% | $6.2M | $33.4M | 20x | as long as short |
| Bybit OPGUSDT | +0.0100% | 4h | 0.1321 | −0.136% | $3.2M | $10.3M | 20x | as long as short |
| OKX OPG-USDT-SWAP | +0.0100% | 4h | 0.1321 | −0.151% | $571K | $13.4M | 20x | as long as short |
| Gate OPG_USDTlong | +0.0100% | 4h | 0.1323 | long leg | $325K | $817K | 20x | |
| MEXC OPG_USDTshort | +0.0100% | 4h | 0.1322 | −0.076% | $472K | $785K | 20x | |
| KuCoin OPGUSDTM | +0.0100% | 4h | 0.1321 | −0.128% | $642K | $3.0M | 20x | as long as short |
| Bitget OPGUSDT | +0.0100% | 4h | 0.1316 | −0.529% | $842K | $3.1M | 20x | as long as short |
| BingX OPG-USDT | +0.0100% | 4h | 0.1317 | −0.454% | — | $1.9M | — | as long as short |
| Variational Omni OPG | +0.0100% | 4h | 0.1327 | +0.271% | $286K | $398K | — | as long as short |
Aster OPGUSDT
Binance OPGUSDT
Bybit OPGUSDT
OKX OPG-USDT-SWAP
KuCoin OPGUSDTM
Bitget OPGUSDT
BingX OPG-USDT
Variational Omni OPGShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended OPG-USD | +0.0104% | 1h | 0.1322 | −0.101% | $5K | $211K | 5x | as long as short |
| BloFin OPG-USDT | +0.0106% | 4h | 0.1328 | +0.378% | $223K | $74K | 20x | as long as short |
| Coinbase International OPG-PERP-INTX | +0.2448% | 1h | 0.1353 | +2.297% | $33K | $29K | 50x | as long as short |
Extended OPG-USD
BloFin OPG-USDT
Coinbase International OPG-PERP-INTX