Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.013%
Price spread now: Gate against MEXC−0.077%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$662as in the Funding arb table
Net, price: spread back to 7d avg − costs−$668as in the Price arb table
costs, in and out, $10k−$6646.641% of the position
Funding, last 7 days+0.022%+$2 on $10k
+Price spread, last 4 days (all we have)+0.107%+$11 · spread now −0.077%, 7d avg −0.038%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.039% 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 −0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC OPG_USDT | 0.1299 | 0.0100 | pay 0.0050% / 4h | 3h 10m | $463K | $774K | 20x |
| Short | Gate OPG_USDT | 0.1298 | 0.0100 | get 0.0050% / 4h | 3h 10m | $315K | $896K | 20x |
MEXC OPG_USDT
Gate OPG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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% → −0.038%
- −$3.89
- Slippage, 4 orders
- −$645.12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$668.01
- Costs to cover
- 6.641%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 35 min ago; Gate: live order book, 41 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, 35 min ago | 3.80 bp | 15.7 bp −$16 | 65.9 bp −$659 | 395.2 bp −$39.5K | doesn't fit |
| Sell Gate live order book, 41 min ago | 7.63 bp | 372.8 bp −$373 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin OPG-USDT | +0.0059% | 4h | 0.1298 | −0.077% | $222K | $73K | 20x | as long as short |
| Binance OPGUSDT | +0.0100% | 4h | 0.1299 | 0.000% | $6.1M | $35.8M | 20x | as long as short |
| Bybit OPGUSDT | +0.0100% | 4h | 0.1298 | −0.038% | $3.1M | $10.9M | 20x | as long as short |
| OKX OPG-USDT-SWAP | +0.0100% | 4h | 0.1301 | +0.131% | $565K | $13.5M | 20x | as long as short |
| Gate OPG_USDTshort | +0.0100% | 4h | 0.1298 | −0.077% | $315K | $896K | 20x | |
| MEXC OPG_USDTlong | +0.0100% | 4h | 0.1299 | long leg | $463K | $774K | 20x | |
| KuCoin OPGUSDTM | +0.0100% | 4h | 0.1299 | −0.015% | $634K | $3.1M | 20x | as long as short |
| Bitget OPGUSDT | +0.0100% | 4h | 0.1299 | 0.000% | $825K | $3.2M | 20x | as long as short |
| BingX OPG-USDT | +0.0100% | 4h | 0.1299 | 0.000% | — | $1.9M | — | as long as short |
| Variational Omni OPG | +0.0100% | 4h | 0.1300 | +0.085% | $280K | $498K | — | as long as short |
BloFin OPG-USDT
Binance OPGUSDT
Bybit OPGUSDT
OKX OPG-USDT-SWAP
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 | |
|---|---|---|---|---|---|---|---|---|
| Extended OPG-USD | +0.0104% | 1h | 0.1300 | +0.048% | $3K | $112K | 5x | as long as short |
| Aster OPGUSDT | +0.0129% | 4h | 0.1305 | +0.436% | $430K | $165K | 5x | as long as short |
| Coinbase International OPG-PERP-INTX | +0.2160% | 1h | 0.1349 | +3.871% | $33K | $33K | 50x | as long as short |
Extended OPG-USD
Aster OPGUSDT
Coinbase International OPG-PERP-INTX