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

OPG

all OPG markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against MEXC+0.007%7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$558as in the Funding arb table
Net, price: spread back to 7d avg − costs−$550as in the Price arb table
costs, in and out, $10k−$5545.538% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.043%−$4 on $10k
Price spread, last 4 days (all we have)−0.017%−$2 · spread now +0.007%, 7d avg −0.030%
Together, before fees−0.060%−$6 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: KuCoin is 0.038% dearer against MEXC than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC OPG_USDT0.13440.0100pay 0.0050% / 4h3h 44m$471K$461K20x
ShortKuCoin OPGUSDTM0.13440.0100get 0.0050% / 4h3h 44m$634K$2.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.007% → −0.030%
$3.78
Slippage, 4 orders
−$537.85
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$550.07
Costs to cover
5.538%
Break-even
never at this rate
Slippage from MEXC: live order book, 46 min ago; KuCoin: live order book, 3 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, 46 min ago3.76 bp13.1 bp −$1356.8 bp −$568353.1 bp −$35.3Kdoesn't fit
Sell KuCoin live order book, 3 min ago8.59 bp202.3 bp −$202doesn't fitdoesn'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+0.0061%4h0.1341−0.223%$224K$51K20xas long as short
Binance OPGUSDT+0.0100%4h0.1345+0.104%$6.2M$18.9M20xas long as short
Bybit OPGUSDT+0.0100%4h0.1346+0.134%$3.1M$6.9M20xas long as short
OKX OPG-USDT-SWAP+0.0100%4h0.1346+0.141%$558K$8.1M20xas long as short
Gate OPG_USDT+0.0100%4h0.1342−0.149%$314K$379K20xas long as short
MEXC OPG_USDTlong+0.0100%4h0.1344long leg$471K$461K20x
KuCoin OPGUSDTMshort+0.0100%4h0.1344+0.007%$634K$2.4M20x
Bitget OPGUSDT+0.0100%4h0.1345+0.074%$856K$2.1M20xas long as short
BingX OPG-USDT+0.0100%4h0.1345+0.074%$1.8Mas long as short
Variational Omni OPG+0.0100%4h0.1340−0.322%$276K$285Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended OPG-USD+0.0104%1h0.1343−0.082%$2K$215K5xas long as short
Aster OPGUSDT+0.0134%4h0.1346+0.149%$452K$118K5xas long as short
Coinbase International OPG-PERP-INTX+0.2640%1h0.1371+2.007%$33K$20K50xas long as short