Funding you earn now, next payment 07:00 UTC−0.0072%/8h= −7.9% APRnext payment −$0.09 per $10,000 · paid last 24h —
Price spread now: Lighter RH against Aevo+3.686%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—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
The price spread pays, funding is against you. Lighter RH is 3.686% dearer against Aevo than usual: you sell high and buy low (spread +3.686% now, against zero (this spread has no 7-day history yet)): +$369 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo OPENAI-PERP | 1,617.1 | 0.0104 | pay 0.0013% / 1h | 1m 36s | — | — | 10x |
| Short | Lighter RH OPENAI | 1,676.8 | 0.0032 | get 0.0004% / 1h | 1m 36s | $2.6M | $6.2M | 5x |
Aevo OPENAI-PERP
Lighter RH OPENAIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- −$15.12
- Price spread: +3.686% → 0.000%
- $368.58
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $337.46
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: Aevo: no order-book sample; Lighter RH: live order book, 2 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 Lighter RH live order book, 2 min ago | 3.10 bp | 10.1 bp −$10 | 174.1 bp −$1,741 | 582.7 bp −$58.3K | 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 | −0.0002% | 1h | 1,616.8 | −0.024% | $1.2M | $625K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,710 | +5.742% | $1.4M | $267K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,653.2 | +2.227% | $738K | $262K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,645 | +1.722% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,613.8 | −0.209% | $44.9M | $18.8M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,617.8 | +0.038% | $5.4M | $4.7M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,618.4 | +0.078% | — | $2.4M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,616.6 | −0.031% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,615.5 | −0.102% | $79K | $227K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,615.6 | −0.095% | $1.6M | $514K | 10x | as long as short |
QFEX OPENAI-USD
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
Deribit OPENAI_USDC-PERPETUAL
HTX OPENAI-USDT
Phemex OPENAIUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin OPENAI-USDT | +0.0030% | 8h | 1,617.4 | +0.018% | $473K | $301K | 20x | as long as short |
| Lighter RH OPENAIshort | +0.0032% | 1h | 1,676.8 | +3.686% | $2.6M | $6.2M | 5x | |
| Coinbase International OPENAI-PERP-INTX | +0.0040% | 1h | 1,614 | −0.195% | $225K | $163K | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,616.7 | −0.027% | $141K | $586K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,620.2 | +0.191% | $211K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,617 | −0.007% | $22.9M | $17.9M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,617.6 | +0.027% | $6.7M | $5.1M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,620.2 | +0.188% | $373K | $69K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,614.7 | −0.154% | $2.6M | $757K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,615.9 | −0.077% | $2K | $180K | 10x | as long as short |
| Aevo OPENAI-PERPlong | +0.0104% | 1h | 1,617.1 | long leg | — | — | 10x | |
| Entropy io:OAI | +0.0150% | 1h | 1,668.8 | +3.194% | $7.6M | $2.3M | 6x | as long as short |
BloFin OPENAI-USDT
Coinbase International OPENAI-PERP-INTX
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
Entropy io:OAI