Settings8H · net · $10k
Funding arb · Price arb /

OPG

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Alert: funding
Alert: spread
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: Gate against KuCoin+0.195%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,090as in the Price arb table
costs, in and out, $10k−$1,11011.104% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.065%+$6 on $10k
Price spread, last 4 days (all we have)−0.282%−$28 · spread now +0.195%, 7d avg −0.007%
Together, before fees−0.217%−$22 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: Gate is 0.202% dearer against KuCoin than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin OPGUSDTM0.13330.0100pay 0.0050% / 4h3h 56m$656K$3.1M20x
ShortGate OPG_USDT0.13360.0100get 0.0050% / 4h3h 56m$324K$889K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against KuCoin. 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

Funding earned
$0
Price spread: +0.195% → −0.007%
$20.16
Slippage, 4 orders
−$1,083.4
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$1,090.24
Costs to cover
11.104%
Break-even
never at this rate
Slippage from KuCoin: live order book, 11 min ago; Gate: live order book, 60 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 11 min ago6.30 bp377.3 bp −$377doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 60 min ago11.22 bp187.6 bp −$188doesn't fitdoesn't fitdoesn't fit

OPG on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance OPGUSDT+0.0100%4h0.1337+0.278%$6.3M$35.4M20xas long as short
Bybit OPGUSDT+0.0100%4h0.1334+0.060%$3.2M$10.8M20xas long as short
OKX OPG-USDT-SWAP+0.0100%4h0.1338+0.307%$547K$13.7M20xas long as short
Gate OPG_USDTshort+0.0100%4h0.1336+0.195%$324K$889K20x
MEXC OPG_USDT+0.0100%4h0.1337+0.270%$486K$768K20xas long as short
KuCoin OPGUSDTMlong+0.0100%4h0.1333long leg$656K$3.1M20x
Bitget OPGUSDT+0.0100%4h0.1337+0.270%$876K$3.1M20xas long as short
BingX OPG-USDT+0.0100%4h0.1337+0.270%$1.9Mas long as short
Variational Omni OPG+0.0100%4h0.1347+1.036%$290K$498Kas long as short
Extended OPG-USD+0.0104%1h0.1337+0.254%$4K$95K5xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin OPG-USDT+0.0148%4h0.1346+0.945%$228K$76K20xas long as short
Aster OPGUSDT+0.0273%4h0.1335+0.143%$441K$165K5xas long as short
Coinbase International OPG-PERP-INTX+0.2160%1h0.1368+2.609%$33K$33K50xas long as short