Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.013%
Price spread now: Gate against OKX−0.030%7-day average −0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$531as in the Funding arb table
Net, price: spread back to 7d avg − costs−$529as in the Price arb table
costs, in and out, $10k−$5335.333% of the position
Funding, last 7 days+0.022%+$2 on $10k
+Price spread, last 4 days (all we have)+0.217%+$22 · spread now −0.030%, 7d avg −0.076%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.046% dearer against OKX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.076%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX OPG-USDT-SWAP | 0.1347 | 0.0100 | pay 0.0050% / 4h | 2m 58s | $550K | $13.8M | 20x |
| Short | Gate OPG_USDT | 0.1347 | 0.0100 | get 0.0050% / 4h | 2m 58s | $328K | $888K | 20x |
OKX OPG-USDT-SWAP
Gate OPG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.030% → −0.076%
- $4.6
- Slippage, 4 orders
- −$508.34
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$528.74
- Costs to cover
- 5.333%
- Break-even
- never at this rate
Slippage from OKX: live order book, just now; Gate: live order book, 54 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, just now | 8.16 bp | 45.0 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 54 min ago | 11.22 bp | 187.6 bp −$188 | 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 | +0.0083% | 4h | 0.1348 | +0.045% | $228K | $76K | 20x | as long as short |
| Binance OPGUSDT | +0.0100% | 4h | 0.1348 | +0.064% | $6.4M | $35.3M | 20x | as long as short |
| Bybit OPGUSDT | +0.0100% | 4h | 0.1348 | +0.067% | $3.3M | $10.8M | 20x | as long as short |
| OKX OPG-USDT-SWAPlong | +0.0100% | 4h | 0.1347 | long leg | $550K | $13.8M | 20x | |
| Gate OPG_USDTshort | +0.0100% | 4h | 0.1347 | −0.030% | $328K | $888K | 20x | |
| MEXC OPG_USDT | +0.0100% | 4h | 0.1348 | +0.045% | $489K | $784K | 20x | as long as short |
| KuCoin OPGUSDTM | +0.0100% | 4h | 0.1348 | +0.045% | $665K | $3.1M | 20x | as long as short |
| Bitget OPGUSDT | +0.0100% | 4h | 0.1348 | +0.045% | $882K | $3.1M | 20x | as long as short |
| BingX OPG-USDT | +0.0100% | 4h | 0.1349 | +0.119% | — | $1.9M | — | as long as short |
| Variational Omni OPG | +0.0100% | 4h | 0.1356 | +0.658% | $292K | $498K | — | as long as short |
BloFin OPG-USDT
Binance OPGUSDT
Bybit OPGUSDT
MEXC OPG_USDT
KuCoin OPGUSDTM
Bitget OPGUSDT
BingX OPG-USDT
Variational Omni OPGShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended OPG-USD | +0.0104% | 1h | 0.1349 | +0.105% | $4K | $98K | 5x | as long as short |
| Aster OPGUSDT | +0.0311% | 4h | 0.1351 | +0.289% | $446K | $165K | 5x | as long as short |
| Coinbase International OPG-PERP-INTX | +0.1864% | 1h | 0.1368 | +1.543% | $33K | $33K | 50x | as long as short |
Extended OPG-USD
Aster OPGUSDT
Coinbase International OPG-PERP-INTX