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: Binance against OKX+0.053%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1491.491% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 7 days−0.047%−$5 · spread now +0.053%, 7d avg +0.027%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.026% dearer against OKX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX OPG-USDT-SWAP | 0.1349 | 0.0100 | pay 0.0050% / 4h | 0m 13s | $552K | $13.8M | 20x |
| Short | Binance OPGUSDT | 0.1350 | 0.0100 | get 0.0050% / 4h | 0m 13s | $6.4M | $35.3M | 20x |
OKX OPG-USDT-SWAP
Binance OPGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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: +0.053% → +0.027%
- $2.57
- Slippage, 4 orders
- −$129.12
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$146.54
- Costs to cover
- 1.491%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; Binance: live order book, 11 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 OKX live order book, 3 min ago | 8.16 bp | 45.0 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 3.69 bp | 37.7 bp −$38 | 185.4 bp −$1,854 | 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 OPGUSDTshort | +0.0100% | 4h | 0.1350 | +0.053% | $6.4M | $35.3M | 20x | |
| Bybit OPGUSDT | +0.0100% | 4h | 0.1349 | 0.000% | $3.3M | $10.8M | 20x | as long as short |
| OKX OPG-USDT-SWAPlong | +0.0100% | 4h | 0.1349 | long leg | $552K | $13.8M | 20x | |
| Gate OPG_USDT | +0.0100% | 4h | 0.1349 | +0.015% | $328K | $889K | 20x | as long as short |
| MEXC OPG_USDT | +0.0100% | 4h | 0.1348 | −0.059% | $488K | $784K | 20x | as long as short |
| KuCoin OPGUSDTM | +0.0100% | 4h | 0.1348 | −0.067% | $664K | $3.1M | 20x | as long as short |
| Bitget OPGUSDT | +0.0100% | 4h | 0.1350 | +0.089% | $884K | $3.1M | 20x | as long as short |
| BingX OPG-USDT | +0.0100% | 4h | 0.1349 | +0.015% | — | $1.9M | — | as long as short |
| Variational Omni OPG | +0.0100% | 4h | 0.1347 | −0.118% | $290K | $498K | — | as long as short |
| Extended OPG-USD | +0.0104% | 1h | 0.1349 | +0.020% | $4K | $98K | 5x | as long as short |
Bybit OPGUSDT
Gate OPG_USDT
MEXC OPG_USDT
KuCoin OPGUSDTM
Bitget OPGUSDT
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 | +0.0154% | 4h | 0.1348 | −0.059% | $228K | $76K | 20x | as long as short |
| Aster OPGUSDT | +0.0295% | 4h | 0.1351 | +0.185% | $446K | $165K | 5x | as long as short |
| Coinbase International OPG-PERP-INTX | +0.1864% | 1h | 0.1368 | +1.438% | $33K | $33K | 50x | as long as short |
BloFin OPG-USDT
Aster OPGUSDT
Coinbase International OPG-PERP-INTX