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

OPG

all OPG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.1004%/8h= +109.9% APRpaid last 24h +0.434%
Price spread now: Coinbase International against Variational Omni+0.771%7-day average · you sell dearer than you buy
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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$30 a day on $10k at the current rate, and Coinbase International is 0.771% dearer against Variational Omni than usual: you sell high and buy low: +$77 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni OPG0.13260.0100pay 0.0050% / 4h2h 29m$284K$496K
ShortCoinbase International OPG-PERP-INTX0.13360.1104get 0.0138% / 1h29m 57s$32K$34K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$210.84
Price spread: +0.771% → 0.000%
$77.13
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$277.97
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 39 min ago; Coinbase International: no order-book sample. 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, 39 min ago11.43 bpdoesn't fit902.9 bp −$9,029doesn't fitdoesn't fit
Sell Coinbase International no order-book sample
Coinbase International: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

OPG on 12 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
Gate OPG_USDT+0.0072%4h0.1331+0.396%$324K$880K20xas long as short
Binance OPGUSDT+0.0100%4h0.1336+0.779%$6.3M$34.1M20xas long as short
Bybit OPGUSDT+0.0100%4h0.1336+0.789%$3.3M$10.5M20xas long as short
OKX OPG-USDT-SWAP+0.0100%4h0.1336+0.751%$555K$13.4M20xas long as short
MEXC OPG_USDT+0.0100%4h0.1334+0.623%$492K$777K20xas long as short
KuCoin OPGUSDTM+0.0100%4h0.1337+0.819%$664K$3.0M20xas long as short
Bitget OPGUSDT+0.0100%4h0.1336+0.774%$896K$3.0M20xas long as short
BingX OPG-USDT+0.0100%4h0.1332+0.472%$1.9Mas long as short
Variational Omni OPGlong+0.0100%4h0.1326long leg$284K$496K
Extended OPG-USD+0.0104%1h0.1336+0.754%$946$101K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster OPGUSDT+0.0246%4h0.1333+0.554%$440K$159K5xas long as short
Coinbase International OPG-PERP-INTXshort+0.1104%1h0.1336+0.771%$32K$34K50x