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

OPG

all OPG markets
SwapBacktest
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 0.000%
Price spread now: Binance against MEXC0.000%7-day average +0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$950.951% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.009%−$1 · spread now 0.000%, 7d avg +0.035%
Together, before fees−0.009%−$1 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: Binance is 0.036% cheaper against MEXC than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC OPG_USDT0.13210.0100pay 0.0050% / 4h1h 35m$467K$710K20x
ShortBinance OPGUSDT0.13210.0100get 0.0050% / 4h1h 35m$6.2M$31.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
$0
Price spread: 0.000% → +0.035%
−$3.56
Slippage, 4 orders
−$81.09
Fee MEXC: 2 bp × 2 orders
−$4
Fee Binance: 5 bp × 2 orders
−$10
Net
−$98.65
Costs to cover
0.951%
Break-even
never at this rate
Slippage from MEXC: live order book, 65 min ago; Binance: live order book, 6 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, 65 min ago3.80 bp17.2 bp −$1782.7 bp −$827377.4 bp −$37.7Kdoesn't fit
Sell Binance live order book, 6 min ago3.76 bp35.8 bp −$36146.4 bp −$1,464doesn'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+0.0088%4h0.1327+0.454%$223K$71K20xas long as short
Aster OPGUSDT+0.0100%4h0.1325+0.332%$445K$160K5xas long as short
Binance OPGUSDTshort+0.0100%4h0.13210.000%$6.2M$31.6M20x
Bybit OPGUSDT+0.0100%4h0.1320−0.076%$3.1M$10.0M20xas long as short
OKX OPG-USDT-SWAP+0.0100%4h0.1323+0.136%$559K$13.1M20xas long as short
Gate OPG_USDT+0.0100%4h0.1320−0.076%$324K$777K20xas long as short
MEXC OPG_USDTlong+0.0100%4h0.1321long leg$467K$710K20x
KuCoin OPGUSDTM+0.0100%4h0.1320−0.098%$630K$2.9M20xas long as short
Bitget OPGUSDT+0.0100%4h0.1322+0.076%$845K$2.9M20xas long as short
BingX OPG-USDT+0.0100%4h0.1322+0.076%$1.9Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni OPG+0.0100%4h0.1320−0.108%$280K$432Kas long as short
Extended OPG-USD+0.0104%1h0.1321+0.005%$2K$212K5xas long as short
Coinbase International OPG-PERP-INTX+0.2824%1h0.1360+2.963%$33K$28K50xas long as short