Funding you earn now, next payment 12:00 UTC+0.0005%/8h= +0.5% APRnext payment +$0.02 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against KuCoin+0.133%65s7-day average +0.152% · you sell dearer than you buy
Net, funding: paid 7d − costs−$476as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$4794.788% of the position
Funding, last 7 days+0.024%+$2 on $10k
+Price spread, last 4 days (all we have)+2.262%+$226 · spread now +0.133%, 7d avg +0.152%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin OPGUSDTM | 0.1353 | 0.0100 | pay 0.0050% / 4h | 2h 58m | $630K | $2.4M | 20x |
| Short | BloFin OPG-USDT | 0.1355 | 0.0105 | get 0.0052% / 4h | 2h 58m | $214K | $41K | 20x |
KuCoin OPGUSDTM
BloFin OPG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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
- $0.95
- Price spread: +0.133% → +0.152%
- −$1.88
- Slippage, 4 orders
- −$454.83
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$479.76
- Costs to cover
- 4.788%
- Break-even
- 3539.1 days
Slippage from KuCoin: live order book, 9 min ago; BloFin: live order book, 3 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 KuCoin live order book, 9 min ago | 8.83 bp | 190.7 bp −$191 | 16668.1 bp −$166.7K | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 3.69 bp | 39.2 bp −$39 | 104.0 bp −$1,040 | 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 | 0.1353 | −0.015% | $6.3M | $17.5M | 20x | as long as short |
| Bybit OPGUSDT | +0.0100% | 4h | 0.1353 | −0.052% | $3.2M | $6.5M | 20x | as long as short |
| OKX OPG-USDT-SWAP | +0.0100% | 4h | 0.1355 | +0.126% | $565K | $7.2M | 20x | as long as short |
| Gate OPG_USDT | +0.0100% | 4h | 0.1353 | −0.015% | $312K | $354K | 20x | as long as short |
| MEXC OPG_USDT | +0.0100% | 4h | 0.1353 | −0.015% | $457K | $407K | 20x | as long as short |
| KuCoin OPGUSDTMlong | +0.0100% | 4h | 0.1353 | long leg | $630K | $2.4M | 20x | |
| Bitget OPGUSDT | +0.0100% | 4h | 0.1354 | +0.059% | $864K | $2.0M | 20x | as long as short |
| BingX OPG-USDT | +0.0100% | 4h | 0.1353 | −0.015% | — | $1.7M | — | as long as short |
| Variational Omni OPG | +0.0100% | 4h | 0.1353 | −0.004% | $279K | $234K | — | as long as short |
| Extended OPG-USD | +0.0104% | 1h | 0.1353 | −0.043% | $1K | $220K | 5x | as long as short |
Binance OPGUSDT
Bybit OPGUSDT
OKX OPG-USDT-SWAP
Gate OPG_USDT
MEXC OPG_USDT
Bitget OPGUSDT
BingX OPG-USDT
Variational Omni OPG
Extended OPG-USDShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin OPG-USDTshort | +0.0105% | 4h | 0.1355 | +0.133% | $214K | $41K | 20x | |
| Aster OPGUSDT | +0.0383% | 4h | 0.1356 | +0.209% | $454K | $114K | 5x | as long as short |
| Coinbase International OPG-PERP-INTX | +0.2880% | 1h | 0.1400 | +3.458% | $34K | $6K | 50x | as long as short |
Aster OPGUSDT
Coinbase International OPG-PERP-INTX