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

OPG

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0017%/8h= −1.8% APRnext payment $0.08 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against Variational Omni−0.609%86s7-day average +0.067% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.019%+$2 on $10k
Price spread, last 4 days (all we have)+1.751%+$175 · spread now −0.609%, 7d avg +0.067%
Together, before fees+1.771%+ Points / potential airdropVariational Omni: Active · farm board+$177 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.676% cheaper against Variational Omni than usual: you would sell low and buy high (−$68 if the spread goes back to its 7-day average of +0.067%). Swap the legs. The two prices were read 86 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni OPG0.13560.0100pay 0.0050% / 4h1m 39s$292K$498K
ShortBloFin OPG-USDT0.13480.0083get 0.0042% / 4h1m 39s$228K$76K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Variational Omni. 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
−$3.47
Price spread: −0.609% → +0.067%
−$67.59
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$83.06
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 57 min ago; BloFin: live order book, 29 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 57 min ago7.58 bpdoesn't fit893.9 bp −$8,939doesn't fitdoesn't fit
Sell BloFin live order book, 29 min ago14.98 bp32.9 bp −$33105.1 bp −$1,051doesn'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
BloFin OPG-USDTshort+0.0083%4h0.1348−0.609%$228K$76K20x
Binance OPGUSDT+0.0100%4h0.1347−0.649%$6.4M$35.3M20xas long as short
Bybit OPGUSDT+0.0100%4h0.1346−0.757%$3.3M$10.8M20xas long as short
OKX OPG-USDT-SWAP+0.0100%4h0.1347−0.683%$550K$13.8M20xas long as short
Gate OPG_USDT+0.0100%4h0.1346−0.757%$327K$888K20xas long as short
MEXC OPG_USDT+0.0100%4h0.1347−0.683%$488K$784K20xas long as short
KuCoin OPGUSDTM+0.0100%4h0.1347−0.661%$665K$3.1M20xas long as short
Bitget OPGUSDT+0.0100%4h0.1348−0.609%$882K$3.1M20xas long as short
BingX OPG-USDT+0.0100%4h0.1346−0.757%$1.9Mas long as short
Variational Omni OPGlong+0.0100%4h0.1356long leg$292K$498K
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended OPG-USD+0.0104%1h0.1347−0.678%$4K$98K5xas long as short
Aster OPGUSDT+0.0295%4h0.1349−0.532%$445K$165K5xas long as short
Coinbase International OPG-PERP-INTX+0.1864%1h0.1368+0.879%$33K$33K50xas long as short