Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.034%
Price spread now: Bybit against OKX−0.165%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$253as in the Funding arb table
Net, price: spread back to 7d avg − costs−$246as in the Price arb table
costs, in and out, $10k−$2352.345% of the position
Funding, last 7 days−0.188%−$19 on $10k
+Price spread, last 7 days+0.073%+$7 · spread now −0.165%, 7d avg −0.046%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.119% cheaper against OKX than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.046%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX OPG-USDT-SWAP | 0.1336 | 0.0100 | pay 0.0050% / 4h | 2h 38m | $598K | $13.8M | 20x |
| Short | Bybit OPGUSDT | 0.1334 | 0.0100 | get 0.0050% / 4h | 2h 38m | $3.2M | $10.6M | 20x |
OKX OPG-USDT-SWAP
Bybit OPGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.165% → −0.046%
- −$11.88
- Slippage, 4 orders
- −$213.52
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$246.41
- Costs to cover
- 2.345%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; Bybit: 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, 5 min ago | 5.73 bp | 62.3 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 0.38 bp | 69.2 bp −$69 | 659.5 bp −$6,595 | 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 | +0.0053% | 4h | 0.1317 | −1.459% | $222K | $74K | 20x | as long as short |
| Aster OPGUSDT | +0.0100% | 4h | 0.1334 | −0.207% | $440K | $164K | 5x | as long as short |
| Binance OPGUSDT | +0.0100% | 4h | 0.1334 | −0.213% | $6.2M | $35.0M | 20x | as long as short |
| Bybit OPGUSDTshort | +0.0100% | 4h | 0.1334 | −0.165% | $3.2M | $10.6M | 20x | |
| OKX OPG-USDT-SWAPlong | +0.0100% | 4h | 0.1336 | long leg | $598K | $13.8M | 20x | |
| Gate OPG_USDT | +0.0100% | 4h | 0.1318 | −1.384% | $324K | $810K | 20x | as long as short |
| MEXC OPG_USDT | +0.0100% | 4h | 0.1332 | −0.337% | $478K | $783K | 20x | as long as short |
| KuCoin OPGUSDTM | +0.0100% | 4h | 0.1334 | −0.172% | $649K | $3.0M | 20x | as long as short |
| Bitget OPGUSDT | +0.0100% | 4h | 0.1334 | −0.187% | $856K | $3.1M | 20x | as long as short |
| BingX OPG-USDT | +0.0100% | 4h | 0.1335 | −0.112% | — | $1.9M | — | as long as short |
BloFin OPG-USDT
Aster OPGUSDT
Binance OPGUSDT
Gate OPG_USDT
MEXC OPG_USDT
KuCoin OPGUSDTM
Bitget OPGUSDT
BingX OPG-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni OPG | +0.0100% | 4h | 0.1314 | −1.706% | $283K | $398K | — | as long as short |
| Extended OPG-USD | +0.0104% | 1h | 0.1321 | −1.156% | $5K | $215K | 5x | as long as short |
| Coinbase International OPG-PERP-INTX | +0.2448% | 1h | 0.1349 | +0.957% | $33K | $30K | 50x | as long as short |
Variational Omni OPG
Extended OPG-USD
Coinbase International OPG-PERP-INTX