Funding arb · Price arb /

OPG

all OPG markets

Swap Backtest

Alert: funding

Alert: spread

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: Variational Omni against Gate+0.009%7-day average +0.094% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.046%−$5 on $10k

Price spread, last 4 days (all we have)+0.100%+$10 · spread now +0.009%, 7d avg +0.094%

Together, before fees+0.055%+ Points / potential airdropVariational Omni: Active · farm board+$5 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: Variational Omni is 0.085% cheaper against Gate than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.094%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate OPG_USDT	0.1308	0.0100	pay 0.0050% / 4h	1h 44m	$319K	$882K	20x
Short	Variational Omni OPG	0.1308	0.0100	get 0.0050% / 4h	1h 44m	$279K	$496K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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

Position, each leg$Hold fordaysFee GatebpFee Variational OmnibpOrdersPrice spread, now +0.009%Rate

Funding earned: $0
Price spread: +0.009% → +0.094%: −$8.51
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$23.51
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 17 min ago; Variational Omni: RFQ quote, 19 min ago. Net counts fees only.

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, 17 min ago	7.62 bp	180.9 bp −$181	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 19 min ago	11.37 bp	doesn't fit	428.2 bp −$4,282	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	0.1313	+0.362%	$6.2M	$34.5M	20x	as long as short
Bybit OPGUSDT	+0.0100%	4h	0.1314	+0.436%	$3.2M	$10.6M	20x	as long as short
OKX OPG-USDT-SWAP	+0.0100%	4h	0.1313	+0.382%	$539K	$13.2M	20x	as long as short
Gate OPG_USDTlong	+0.0100%	4h	0.1308	long leg	$319K	$882K	20x
MEXC OPG_USDT	+0.0100%	4h	0.1312	+0.306%	$522K	$774K	20x	as long as short
KuCoin OPGUSDTM	+0.0100%	4h	0.1310	+0.168%	$641K	$3.0M	20x	as long as short
Bitget OPGUSDT	+0.0100%	4h	0.1311	+0.229%	$865K	$3.1M	20x	as long as short
BingX OPG-USDT	+0.0100%	4h	0.1311	+0.229%	—	$1.9M	—	as long as short
Variational Omni OPGshort	+0.0100%	4h	0.1308	+0.009%	$279K	$496K	—
Extended OPG-USD	+0.0104%	1h	0.1312	+0.315%	$2K	$102K	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	+0.0157%	4h	0.1307	−0.076%	$221K	$69K	20x	as long as short
Aster OPGUSDT	+0.0298%	4h	0.1311	+0.257%	$433K	$159K	5x	as long as short
Coinbase International OPG-PERP-INTX	+0.1200%	1h	0.1343	+2.709%	$33K	$34K	50x	as long as short