Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: Bitget against MEXC−0.077%7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1091.088% of the position
Funding, last 7 days−0.043%−$4 on $10k
+Price spread, last 4 days (all we have)−0.014%−$1 · spread now −0.077%, 7d avg +0.037%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.114% cheaper against MEXC than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC OPG_USDT | 0.1303 | 0.0100 | pay 0.0050% / 4h | 1h 41m | $518K | $774K | 20x |
| Short | Bitget OPGUSDT | 0.1302 | 0.0100 | get 0.0050% / 4h | 1h 41m | $846K | $3.1M | 20x |
MEXC OPG_USDT
Bitget OPGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against MEXC. 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: −0.077% → +0.037%
- −$11.41
- Slippage, 4 orders
- −$92.81
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$120.22
- Costs to cover
- 1.088%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 14 min ago; Bitget: live order book, 2 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 MEXC live order book, 14 min ago | 3.81 bp | 17.6 bp −$18 | 73.9 bp −$739 | 356.0 bp −$35.6K | doesn't fit |
| Sell Bitget live order book, 2 min ago | 3.81 bp | 21.6 bp −$22 | 118.4 bp −$1,184 | 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 | 0.1302 | −0.077% | $6.1M | $34.5M | 20x | as long as short |
| Bybit OPGUSDT | +0.0100% | 4h | 0.1303 | −0.038% | $3.1M | $10.6M | 20x | as long as short |
| OKX OPG-USDT-SWAP | +0.0100% | 4h | 0.1303 | −0.031% | $534K | $13.1M | 20x | as long as short |
| Gate OPG_USDT | +0.0100% | 4h | 0.1303 | 0.000% | $318K | $882K | 20x | as long as short |
| MEXC OPG_USDTlong | +0.0100% | 4h | 0.1303 | long leg | $518K | $774K | 20x | |
| KuCoin OPGUSDTM | +0.0100% | 4h | 0.1303 | −0.031% | $639K | $3.0M | 20x | as long as short |
| Bitget OPGUSDTshort | +0.0100% | 4h | 0.1302 | −0.077% | $846K | $3.1M | 20x | |
| BingX OPG-USDT | +0.0100% | 4h | 0.1302 | −0.077% | — | $1.9M | — | as long as short |
| Variational Omni OPG | +0.0100% | 4h | 0.1303 | +0.004% | $279K | $496K | — | as long as short |
| Extended OPG-USD | +0.0104% | 1h | 0.1302 | −0.103% | $2K | $96K | 5x | as long as short |
Binance OPGUSDT
Bybit OPGUSDT
OKX OPG-USDT-SWAP
Gate OPG_USDT
KuCoin OPGUSDTM
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-USDT | +0.0160% | 4h | 0.1314 | +0.844% | $221K | $70K | 20x | as long as short |
| Aster OPGUSDT | +0.0345% | 4h | 0.1306 | +0.239% | $431K | $159K | 5x | as long as short |
| Coinbase International OPG-PERP-INTX | +0.1200% | 1h | 0.1343 | +3.103% | $33K | $34K | 50x | as long as short |
BloFin OPG-USDT
Aster OPGUSDT
Coinbase International OPG-PERP-INTX