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

OPN

all OPN markets
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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: Binance against BingX−0.042%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$830.831% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.142%−$14 on $10k
Price spread, last 7 days−0.026%−$3 · spread now −0.042%, 7d avg −0.032%
Together, before fees−0.169%−$17 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX OPN-USDT0.051130.0100pay 0.0050% / 4h1h 31m$1.7M
ShortBinance OPNUSDT0.051110.0100get 0.0050% / 4h1h 31m$3.6M$6.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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: −0.042% → −0.032%
−$0.96
Slippage, 4 orders
−$63.08
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$84.04
Costs to cover
0.831%
Break-even
never at this rate
Slippage from BingX: live order book, 8 min ago; Binance: live order book, 15 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 BingX live order book, 8 min ago0.97 bp8.9 bp −$956.3 bp −$563doesn't fitdoesn't fit
Sell Binance live order book, 15 min ago2.89 bp30.6 bp −$31156.0 bp −$1,560doesn't fitdoesn't fit

OPN on 15 exchanges

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 OPN-USDT+0.0042%4h0.05112−0.020%$182K$7K50xas long as short
Aster OPNUSDT+0.0100%4h0.05111−0.041%$7K$16K5xas long as short
Binance OPNUSDTshort+0.0100%4h0.05111−0.042%$3.6M$6.4M25x
Bybit OPNUSDT+0.0100%4h0.05108−0.098%$729K$3.2M20xas long as short
OKX OPN-USDT-SWAP+0.0100%4h0.05110−0.059%$781K$2.9M20xas long as short
MEXC OPN_USDT+0.0100%4h0.05110−0.059%$815K$308K50xas long as short
KuCoin OPNUSDTM+0.0100%4h0.05110−0.059%$121K$57K25xas long as short
Bitget OPNUSDT+0.0100%4h0.05114+0.020%$579K$168K20xas long as short
BingX OPN-USDTlong+0.0100%4h0.05113long leg$1.7M
Orderly PERP_OPN_USDC_mythos+0.0100%4h0.05110−0.059%$2K$6K10xas long as short
Show all 15 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX OPN-USDT+0.0100%4h0.05220+2.093%$1K$1.4M20xas long as short
Gate OPN_USDT+0.0466%4h0.05110−0.059%$206K$171K50xas long as short
Deribit OPN_USDC-PERPETUAL+0.0709%1h0.05112−0.012%$20310xas long as short
Coinbase International OPN-PERP-INTX+0.1968%1h0.05233+2.349%$15K$15K50xas long as short
Kraken Futures PF_OPNUSD+0.3029%1h0.05131+0.350%$2K$7K20xas long as short