Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against OKX−0.015%7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1271.274% of the position
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 7 days+0.012%+$1 · spread now −0.015%, 7d avg +0.030%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.045% cheaper against OKX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX OPG-USDT-SWAP | 0.1313 | 0.0100 | pay 0.0050% / 4h | 1h 42m | $540K | $13.2M | 20x |
| Short | Bitget OPGUSDT | 0.1313 | 0.0100 | get 0.0050% / 4h | 1h 42m | $866K | $3.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: −0.015% → +0.030%
- −$4.48
- Slippage, 4 orders
- −$105.38
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$131.85
- Costs to cover
- 1.274%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; Bitget: live order book, 5 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, 1 min ago | 6.85 bp | 33.2 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 3.83 bp | 22.9 bp −$23 | 122.2 bp −$1,222 | 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 | +0.0050% | 4h | 0.1312 | −0.091% | $222K | $70K | 20x | as long as short |
| Binance OPGUSDT | +0.0100% | 4h | 0.1313 | −0.015% | $6.2M | $34.5M | 20x | as long as short |
| Bybit OPGUSDT | +0.0100% | 4h | 0.1313 | +0.023% | $3.2M | $10.6M | 20x | as long as short |
| OKX OPG-USDT-SWAPlong | +0.0100% | 4h | 0.1313 | long leg | $540K | $13.2M | 20x | |
| Gate OPG_USDT | +0.0100% | 4h | 0.1311 | −0.168% | $320K | $882K | 20x | as long as short |
| MEXC OPG_USDT | +0.0100% | 4h | 0.1313 | −0.015% | $522K | $774K | 20x | as long as short |
| KuCoin OPGUSDTM | +0.0100% | 4h | 0.1312 | −0.069% | $645K | $3.0M | 20x | as long as short |
| Bitget OPGUSDTshort | +0.0100% | 4h | 0.1313 | −0.015% | $866K | $3.1M | 20x | |
| BingX OPG-USDT | +0.0100% | 4h | 0.1313 | −0.015% | — | $1.9M | — | as long as short |
| Variational Omni OPG | +0.0100% | 4h | 0.1308 | −0.387% | $279K | $496K | — | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended OPG-USD | +0.0104% | 1h | 0.1313 | −0.042% | $2K | $96K | 5x | as long as short |
| Aster OPGUSDT | +0.0339% | 4h | 0.1312 | −0.073% | $433K | $159K | 5x | as long as short |
| Coinbase International OPG-PERP-INTX | +0.1200% | 1h | 0.1343 | +2.302% | $33K | $34K | 50x | as long as short |
OKX OPG-USDT-SWAP
Bitget OPGUSDT
BloFin OPG-USDT
Binance OPGUSDT
Bybit OPGUSDT
Gate OPG_USDT
MEXC OPG_USDT
KuCoin OPGUSDTM
BingX OPG-USDT
Variational Omni OPG
Extended OPG-USD
Aster OPGUSDT
Coinbase International OPG-PERP-INTX