Settings8H · net · $10k
Funding arb · Price arb /

OPG

all OPG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against OKX−0.052%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$484as in the Funding arb table
Net, price: spread back to 7d avg − costs−$482as in the Price arb table
costs, in and out, $10k−$4804.801% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.042%−$4 on $10k
Price spread, last 7 days+0.098%+$10 · spread now −0.052%, 7d avg −0.037%
Together, before fees+0.056%+$6 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX OPG-USDT-SWAP0.13530.0100pay 0.0050% / 4h2h 58m$565K$7.3M20x
ShortKuCoin OPGUSDTM0.13530.0100get 0.0050% / 4h2h 58m$629K$2.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against OKX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.052% → −0.037%
−$1.5
Slippage, 4 orders
−$458.1
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$481.6
Costs to cover
4.801%
Break-even
never at this rate
Slippage from OKX: live order book, 4 min ago; KuCoin: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 4 min ago6.30 bp29.9 bp −$30doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 8 min ago8.83 bp225.5 bp −$226doesn't fitdoesn't fitdoesn't fit

OPG on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance OPGUSDT+0.0100%4h0.1353−0.030%$6.3M$17.5M20xas long as short
Bybit OPGUSDT+0.0100%4h0.1352−0.074%$3.2M$6.5M20xas long as short
OKX OPG-USDT-SWAPlong+0.0100%4h0.1353long leg$565K$7.3M20x
Gate OPG_USDT+0.0100%4h0.1352−0.103%$311K$354K20xas long as short
MEXC OPG_USDT+0.0100%4h0.1352−0.103%$456K$407K20xas long as short
KuCoin OPGUSDTMshort+0.0100%4h0.1353−0.052%$629K$2.4M20x
Bitget OPGUSDT+0.0100%4h0.1354+0.044%$864K$2.0M20xas long as short
BingX OPG-USDT+0.0100%4h0.1353−0.030%$1.8Mas long as short
Variational Omni OPG+0.0100%4h0.1353−0.018%$279K$234Kas long as short
Extended OPG-USD+0.0104%1h0.1352−0.100%$1K$220K5xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin OPG-USDT+0.0105%4h0.1355+0.118%$214K$41K20xas long as short
Aster OPGUSDT+0.0376%4h0.1356+0.175%$454K$114K5xas long as short
Coinbase International OPG-PERP-INTX+0.2880%1h0.1400+3.443%$34K$6K50xas long as short