Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.034%
Price spread now: Bybit against KuCoin+0.083%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$293as in the Funding arb table
Net, price: spread back to 7d avg − costs−$272as in the Price arb table
costs, in and out, $10k−$2812.813% of the position
Funding, last 7 days−0.117%−$12 on $10k
+Price spread, last 7 days−0.196%−$20 · spread now +0.083%, 7d avg −0.009%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.091% dearer against KuCoin than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin OPGUSDTM | 0.1330 | 0.0100 | pay 0.0050% / 4h | 3h 25m | $593K | $2.4M | 20x |
| Short | Bybit OPGUSDT | 0.1331 | 0.0100 | get 0.0050% / 4h | 3h 25m | $3.1M | $5.3M | 20x |
KuCoin OPGUSDTM
Bybit OPGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- Price spread: +0.083% → −0.009%
- $9.13
- Slippage, 4 orders
- −$258.31
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$272.17
- Costs to cover
- 2.813%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; Bybit: live order book, 5 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, 4 min ago | 8.26 bp | 75.2 bp −$75 | 6275.0 bp −$62.8K | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 0.38 bp | 64.0 bp −$64 | 384.6 bp −$3,846 | doesn't fit | doesn't fit |
OPG on 13 exchanges
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 | +0.0080% | 4h | 0.1331 | +0.068% | $225K | $35K | 20x | as long as short |
| Binance OPGUSDT | +0.0100% | 4h | 0.1330 | −0.016% | $6.0M | $13.6M | 20x | as long as short |
| Bybit OPGUSDTshort | +0.0100% | 4h | 0.1331 | +0.083% | $3.1M | $5.3M | 20x | |
| OKX OPG-USDT-SWAP | +0.0100% | 4h | 0.1330 | −0.008% | $523K | $4.5M | 20x | as long as short |
| Gate OPG_USDT | +0.0100% | 4h | 0.1330 | −0.008% | $301K | $266K | 20x | as long as short |
| MEXC OPG_USDT | +0.0100% | 4h | 0.1329 | −0.083% | $403K | $338K | 20x | as long as short |
| KuCoin OPGUSDTMlong | +0.0100% | 4h | 0.1330 | long leg | $593K | $2.4M | 20x | |
| Bitget OPGUSDT | +0.0100% | 4h | 0.1330 | −0.008% | $804K | $1.4M | 20x | as long as short |
| BingX OPG-USDT | +0.0100% | 4h | 0.1330 | −0.008% | — | $1.7M | — | as long as short |
| Variational Omni OPG | +0.0100% | 4h | 0.1328 | −0.157% | $275K | $179K | — | as long as short |
BloFin OPG-USDT
Binance OPGUSDT
OKX OPG-USDT-SWAP
Gate OPG_USDT
MEXC OPG_USDT
Bitget OPGUSDT
BingX OPG-USDT
Variational Omni OPGShow all 13 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended OPG-USD | +0.0104% | 1h | 0.1329 | −0.046% | $1K | $223K | 5x | as long as short |
| Aster OPGUSDT | +0.0822% | 4h | 0.1335 | +0.337% | $466K | $151K | 5x | as long as short |
| Coinbase International OPG-PERP-INTX | +0.2608% | 1h | 0.1360 | +2.233% | $37K | $13K | 50x | as long as short |
Extended OPG-USD
Aster OPGUSDT
Coinbase International OPG-PERP-INTX