Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.034%
Price spread now: Bybit against MEXC−0.091%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$214as in the Funding arb table
Net, price: spread back to 7d avg − costs−$203as in the Price arb table
costs, in and out, $10k−$1951.952% of the position
Funding, last 7 days−0.189%−$19 on $10k
+Price spread, last 4 days (all we have)+0.098%+$10 · spread now −0.091%, 7d avg −0.017%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.075% cheaper against MEXC than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.017%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC OPG_USDT | 0.1315 | 0.0100 | pay 0.0050% / 4h | 1h 58m | $467K | $708K | 20x |
| Short | Bybit OPGUSDT | 0.1314 | 0.0100 | get 0.0050% / 4h | 1h 58m | $3.1M | $10.1M | 20x |
MEXC OPG_USDT
Bybit OPGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.091% → −0.017%
- −$7.46
- Slippage, 4 orders
- −$180.23
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$202.69
- Costs to cover
- 1.952%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 42 min ago; Bybit: live order book, 4 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, 42 min ago | 3.80 bp | 17.2 bp −$17 | 82.7 bp −$827 | 377.4 bp −$37.7K | doesn't fit |
| Sell Bybit live order book, 4 min ago | 1.15 bp | 77.6 bp −$78 | 508.2 bp −$5,082 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin OPG-USDT | +0.0059% | 4h | 0.1315 | 0.000% | $217K | $71K | 20x | as long as short |
| Aster OPGUSDT | +0.0100% | 4h | 0.1322 | +0.518% | $436K | $156K | 5x | as long as short |
| Binance OPGUSDT | +0.0100% | 4h | 0.1316 | +0.073% | $6.1M | $32.2M | 20x | as long as short |
| Bybit OPGUSDTshort | +0.0100% | 4h | 0.1314 | −0.091% | $3.1M | $10.1M | 20x | |
| OKX OPG-USDT-SWAP | +0.0100% | 4h | 0.1315 | +0.015% | $560K | $13.1M | 20x | as long as short |
| Gate OPG_USDT | +0.0100% | 4h | 0.1314 | −0.076% | $319K | $773K | 20x | as long as short |
| MEXC OPG_USDTlong | +0.0100% | 4h | 0.1315 | long leg | $467K | $708K | 20x | |
| KuCoin OPGUSDTM | +0.0100% | 4h | 0.1315 | +0.008% | $636K | $2.9M | 20x | as long as short |
| Bitget OPGUSDT | +0.0100% | 4h | 0.1317 | +0.152% | $842K | $3.0M | 20x | as long as short |
| BingX OPG-USDT | +0.0100% | 4h | 0.1315 | 0.000% | — | $1.9M | — | as long as short |
BloFin OPG-USDT
Aster OPGUSDT
Binance OPGUSDT
OKX OPG-USDT-SWAP
Gate OPG_USDT
KuCoin OPGUSDTM
Bitget OPGUSDT
BingX OPG-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni OPG | +0.0100% | 4h | 0.1308 | −0.543% | $257K | $419K | — | as long as short |
| Extended OPG-USD | +0.0104% | 1h | 0.1315 | −0.029% | $1K | $215K | 5x | as long as short |
| Coinbase International OPG-PERP-INTX | +0.2824% | 1h | 0.1353 | +2.919% | $33K | $29K | 50x | as long as short |
Variational Omni OPG
Extended OPG-USD
Coinbase International OPG-PERP-INTX