Funding you earn now, next payment 09:00 UTC+0.0046%/8h= +5.1% APRnext payment +$0.06 per $10,000 · paid last 24h —
Price spread now: Entropy against Aevo+2.392%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Entropy is 2.392% dearer against Aevo than usual: you sell high and buy low: +$239 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo OPENAI-PERP | 1,628.9 | 0.0104 | pay 0.0013% / 1h | 1m 51s | — | — | 10x |
| Short | Entropy io:OAI | 1,667.9 | 0.0150 | get 0.0019% / 1h | 1m 51s | $7.6M | $2.4M | 6x |
Aevo OPENAI-PERP
Entropy io:OAIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy against Aevo. 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
- $9.7
- Price spread: +2.392% → 0.000%
- $239.22
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- $214.92
- Costs to cover
- 0.340%
- Break-even
- from the start
Slippage unknown: Aevo: no order-book sample; Entropy: live order book, 5 min ago. Net counts fees only.
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 Aevo no order-book sample | — | — | — | — | — |
| Sell Entropy live order book, 5 min ago | 2.10 bp | 44.5 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
Aevo: 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.
OPENAI on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX OPENAI-USD | −0.0004% | 1h | 1,629.3 | +0.024% | $1.2M | $644K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,712.1 | +5.103% | $1.4M | $276K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,660.7 | +1.950% | $731K | $285K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,654.7 | +1.582% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,626.9 | −0.124% | $46.9M | $12.0M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,630.7 | +0.106% | $5.4M | $3.8M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,629.7 | +0.047% | — | $2.1M | 10x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,630 | +0.067% | $79K | $225K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,628.7 | −0.014% | $1.6M | $498K | 10x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,677.8 | +3.002% | $2.7M | $6.3M | 5x | as long as short |
QFEX OPENAI-USD
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
HTX OPENAI-USDT
Phemex OPENAIUSDT
Lighter RH OPENAIShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin OPENAI-USDT | +0.0037% | 8h | 1,629.2 | +0.017% | $476K | $307K | 20x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,628.9 | −0.001% | $142K | $808K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,630.6 | +0.105% | $212K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,629.4 | +0.026% | $23.0M | $16.4M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,631.3 | +0.147% | $6.7M | $2.4M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,630.4 | +0.091% | $376K | $142K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,629.2 | +0.018% | $2.6M | $766K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,628.9 | −0.004% | $2K | $173K | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | +0.0075% | 1h | 1,629.4 | +0.030% | $3K | $3K | 5x | as long as short |
| Aevo OPENAI-PERPlong | +0.0104% | 1h | 1,628.9 | long leg | — | — | 10x | |
| Entropy io:OAIshort | +0.0150% | 1h | 1,667.9 | +2.392% | $7.6M | $2.4M | 6x | |
| Coinbase International OPENAI-PERP-INTX | +0.0344% | 1h | 1,635 | +0.372% | $231K | $176K | 5x | as long as short |
BloFin OPENAI-USDT
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
Deribit OPENAI_USDC-PERPETUAL
Coinbase International OPENAI-PERP-INTX