Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against MEXC−0.026%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$1501.498% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.363%−$36 · spread now −0.026%, 7d avg −0.002%
=Together, before fees−0.364%+ Points / potential airdropExtended: Active · farm board−$36 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: Extended is 0.024% cheaper against MEXC than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC OPG_USDT | 0.1351 | 0.0100 | pay 0.0050% / 4h | 3h 13m | $468K | $464K | 20x |
| Short | Extended OPG-USD | 0.1351 | 0.0104 | get 0.0013% / 1h | 13m 05s | $4K | $217K | 5x |
MEXC OPG_USDT
Extended OPG-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $0.84
- Price spread: −0.026% → −0.002%
- −$2.41
- Slippage, 4 orders
- −$140.76
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$151.33
- Costs to cover
- 1.498%
- Break-even
- 1268.1 days
Slippage from MEXC: live order book, 6 min ago; Extended: live order book, 60 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, 6 min ago | 3.72 bp | 11.5 bp −$11 | 48.6 bp −$486 | 306.7 bp −$30.7K | doesn't fit |
| Sell Extended live order book, 60 min ago | 8.96 bp | 62.9 bp −$63 | doesn't fit | 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 | 0.1351 | 0.000% | $6.3M | $18.1M | 20x | as long as short |
| Bybit OPGUSDT | +0.0100% | 4h | 0.1350 | −0.052% | $3.2M | $6.7M | 20x | as long as short |
| OKX OPG-USDT-SWAP | +0.0100% | 4h | 0.1352 | +0.044% | $569K | $7.6M | 20x | as long as short |
| Gate OPG_USDT | +0.0100% | 4h | 0.1351 | 0.000% | $312K | $390K | 20x | as long as short |
| MEXC OPG_USDTlong | +0.0100% | 4h | 0.1351 | long leg | $468K | $464K | 20x | |
| KuCoin OPGUSDTM | +0.0100% | 4h | 0.1351 | −0.015% | $634K | $2.4M | 20x | as long as short |
| Bitget OPGUSDT | +0.0100% | 4h | 0.1350 | −0.074% | $872K | $2.0M | 20x | as long as short |
| BingX OPG-USDT | +0.0100% | 4h | 0.1351 | 0.000% | — | $1.8M | — | as long as short |
| Variational Omni OPG | +0.0100% | 4h | 0.1346 | −0.351% | $277K | $239K | — | as long as short |
| Extended OPG-USDshort | +0.0104% | 1h | 0.1351 | −0.026% | $4K | $217K | 5x |
Binance OPGUSDT
Bybit OPGUSDT
OKX OPG-USDT-SWAP
Gate OPG_USDT
KuCoin OPGUSDTM
Bitget OPGUSDT
BingX OPG-USDT
Variational Omni OPGShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin OPG-USDT | +0.0121% | 4h | 0.1347 | −0.296% | $224K | $51K | 20x | as long as short |
| Aster OPGUSDT | +0.0323% | 4h | 0.1354 | +0.249% | $454K | $115K | 5x | as long as short |
| Coinbase International OPG-PERP-INTX | +0.2640% | 1h | 0.1400 | +3.627% | $34K | $7K | 50x | as long as short |
BloFin OPG-USDT
Aster OPGUSDT
Coinbase International OPG-PERP-INTX