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

OPG

all OPG markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0245%/8h= +26.9% APRnext payment +$1.23 per $10,000 · paid last 24h +0.084%
Price spread now: Aster against MEXC+0.239%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1471.468% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.242%+$24 on $10k
Price spread, last 4 days (all we have)−0.655%−$65 · spread now +0.239%, 7d avg +0.056%
Together, before fees−0.412%+ Points / potential airdropAster: Stage 5 · farm board−$41 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Aster is 0.183% dearer against MEXC than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.056%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC OPG_USDT0.13080.0100pay 0.0050% / 4h1h 41m$520K$774K20x
ShortAster OPGUSDT0.13110.0345get 0.0173% / 4h1h 41m$433K$159K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against MEXC. 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
$51.53
Price spread: +0.239% → +0.056%
$18.29
Slippage, 4 orders
−$134.82
Fee MEXC: 2 bp × 2 orders
−$4
Fee Aster: 4 bp × 2 orders
−$8
Net
−$77.01
Costs to cover
1.468%
Break-even
17.5 days
Slippage from MEXC: live order book, 14 min ago; Aster: live order book, 21 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 MEXC live order book, 14 min ago3.81 bp17.6 bp −$1873.9 bp −$739356.0 bp −$35.6Kdoesn't fit
Sell Aster live order book, 21 min ago11.38 bp42.8 bp −$43doesn'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
BloFin OPG-USDT+0.0050%4h0.1312+0.306%$222K$70K20xas long as short
Binance OPGUSDT+0.0100%4h0.1307−0.076%$6.2M$34.5M20xas long as short
Bybit OPGUSDT+0.0100%4h0.1308+0.038%$3.2M$10.6M20xas long as short
OKX OPG-USDT-SWAP+0.0100%4h0.1308+0.031%$537K$13.2M20xas long as short
Gate OPG_USDT+0.0100%4h0.1310+0.153%$319K$882K20xas long as short
MEXC OPG_USDTlong+0.0100%4h0.1308long leg$520K$774K20x
KuCoin OPGUSDTM+0.0100%4h0.1310+0.138%$644K$3.0M20xas long as short
Bitget OPGUSDT+0.0100%4h0.1307−0.076%$862K$3.1M20xas long as short
BingX OPG-USDT+0.0100%4h0.1310+0.153%$1.9Mas long as short
Variational Omni OPG+0.0100%4h0.1308+0.009%$279K$496Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended OPG-USD+0.0104%1h0.1310+0.155%$2K$96K5xas long as short
Aster OPGUSDTshort+0.0345%4h0.1311+0.239%$433K$159K5x
Coinbase International OPG-PERP-INTX+0.1200%1h0.1343+2.709%$33K$34K50xas long as short