Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.013%
Price spread now: OKX against Gate+0.023%7-day average +0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$554as in the Funding arb table
Net, price: spread back to 7d avg − costs−$557as in the Price arb table
costs, in and out, $10k−$5515.513% of the position
Funding, last 7 days−0.022%−$2 on $10k
+Price spread, last 4 days (all we have)−0.210%−$21 · spread now +0.023%, 7d avg +0.076%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.053% cheaper against Gate than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.076%.
| 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 | 51m 10s | $323K | $883K | 20x |
| Short | OKX OPG-USDT-SWAP | 0.1323 | 0.0100 | get 0.0050% / 4h | 51m 10s | $537K | $13.4M | 20x |
Gate OPG_USDT
OKX OPG-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.023% → +0.076%
- −$5.3
- Slippage, 4 orders
- −$526.34
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$556.64
- Costs to cover
- 5.513%
- Break-even
- never at this rate
Slippage from Gate: live order book, 6 min ago; OKX: live order book, 2 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, 6 min ago | 11.22 bp | 263.3 bp −$263 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 9.42 bp | 45.6 bp −$46 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin OPG-USDT | +0.0088% | 4h | 0.1324 | +0.076% | $220K | $73K | 20x | as long as short |
| Binance OPGUSDT | +0.0100% | 4h | 0.1325 | +0.162% | $6.3M | $34.9M | 20x | as long as short |
| Bybit OPGUSDT | +0.0100% | 4h | 0.1324 | +0.060% | $3.2M | $10.8M | 20x | as long as short |
| OKX OPG-USDT-SWAPshort | +0.0100% | 4h | 0.1323 | +0.023% | $537K | $13.4M | 20x | |
| Gate OPG_USDTlong | +0.0100% | 4h | 0.1323 | long leg | $323K | $883K | 20x | |
| MEXC OPG_USDT | +0.0100% | 4h | 0.1323 | 0.000% | $492K | $779K | 20x | as long as short |
| KuCoin OPGUSDTM | +0.0100% | 4h | 0.1324 | +0.045% | $655K | $3.1M | 20x | as long as short |
| Bitget OPGUSDT | +0.0100% | 4h | 0.1325 | +0.151% | $875K | $3.1M | 20x | as long as short |
| BingX OPG-USDT | +0.0100% | 4h | 0.1324 | +0.076% | — | $1.9M | — | as long as short |
| Variational Omni OPG | +0.0100% | 4h | 0.1323 | +0.017% | $285K | $497K | — | as long as short |
BloFin OPG-USDT
Binance OPGUSDT
Bybit OPGUSDT
MEXC OPG_USDT
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 | 0.1324 | +0.048% | $4K | $96K | 5x | as long as short |
| Aster OPGUSDT | +0.0312% | 4h | 0.1325 | +0.169% | $437K | $164K | 5x | as long as short |
| Coinbase International OPG-PERP-INTX | +0.1864% | 1h | 0.1352 | +2.170% | $33K | $33K | 50x | as long as short |
Extended OPG-USD
Aster OPGUSDT
Coinbase International OPG-PERP-INTX