Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against OKX−0.107%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$228as in the Funding arb table
Net, price: spread back to 7d avg − costs−$234as in the Price arb table
costs, in and out, $10k−$2282.278% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.021%−$2 · spread now −0.107%, 7d avg −0.043%
=Together, before fees−0.021%+ Points / potential airdropExtended: Active · farm board−$2 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: Extended is 0.065% cheaper against OKX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.043%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX OPG-USDT-SWAP | 0.1321 | 0.0100 | pay 0.0050% / 4h | 1h 36m | $559K | $13.1M | 20x |
| Short | Extended OPG-USD | 0.1320 | 0.0104 | get 0.0013% / 1h | 36m 31s | $2K | $212K | 5x |
OKX OPG-USDT-SWAP
Extended OPG-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $0.84
- Price spread: −0.107% → −0.043%
- −$6.45
- Slippage, 4 orders
- −$212.82
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$233.43
- Costs to cover
- 2.278%
- Break-even
- 1952.2 days
Slippage from OKX: live order book, 2 min ago; Extended: live order book, 47 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, 2 min ago | 6.40 bp | 31.2 bp −$31 | 387.4 bp −$3,874 | doesn't fit | doesn't fit |
| Sell Extended live order book, 47 min ago | 9.43 bp | 75.4 bp −$75 | 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 | +0.0088% | 4h | 0.1327 | +0.447% | $223K | $71K | 20x | as long as short |
| Aster OPGUSDT | +0.0100% | 4h | 0.1325 | +0.322% | $445K | $160K | 5x | as long as short |
| Binance OPGUSDT | +0.0100% | 4h | 0.1321 | −0.031% | $6.1M | $31.6M | 20x | as long as short |
| Bybit OPGUSDT | +0.0100% | 4h | 0.1320 | −0.106% | $3.1M | $10.1M | 20x | as long as short |
| OKX OPG-USDT-SWAPlong | +0.0100% | 4h | 0.1321 | long leg | $559K | $13.1M | 20x | |
| Gate OPG_USDT | +0.0100% | 4h | 0.1320 | −0.083% | $324K | $777K | 20x | as long as short |
| MEXC OPG_USDT | +0.0100% | 4h | 0.1321 | −0.008% | $467K | $710K | 20x | as long as short |
| KuCoin OPGUSDTM | +0.0100% | 4h | 0.1321 | −0.045% | $630K | $2.9M | 20x | as long as short |
| Bitget OPGUSDT | +0.0100% | 4h | 0.1321 | −0.008% | $844K | $2.9M | 20x | as long as short |
| BingX OPG-USDT | +0.0100% | 4h | 0.1320 | −0.083% | — | $1.9M | — | as long as short |
BloFin OPG-USDT
Aster OPGUSDT
Binance OPGUSDT
Bybit 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 | 0.1328 | +0.497% | $282K | $432K | — | as long as short |
| Extended OPG-USDshort | +0.0104% | 1h | 0.1320 | −0.107% | $2K | $212K | 5x | |
| Coinbase International OPG-PERP-INTX | +0.2824% | 1h | 0.1360 | +2.955% | $33K | $28K | 50x | as long as short |
Variational Omni OPG
Coinbase International OPG-PERP-INTX