Funding you earn now, next payment 09:00 UTC−0.0054%/8h= −5.9% APRpaid last 24h —
Price spread now: MEXC against Aevo+0.123%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
The price spread pays, funding is against you. MEXC is 0.123% dearer against Aevo than usual: you sell high and buy low (spread +0.123% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo OPENAI-PERP | 1,618.3 | 0.0104 | pay 0.0013% / 1h | 28m 56s | — | — | 10x |
| Short | MEXC OPENAI_USDT | 1,620.2 | 0.0050 | get 0.0050% / 8h | 7h 28m | $6.6M | $2.4M | 50x |
Aevo OPENAI-PERP
MEXC OPENAI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$11.34
- Price spread: +0.123% → 0.000%
- $12.29
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$15.05
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; MEXC: live order book, 3 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 MEXC live order book, 3 min ago | 4.35 bp | 38.5 bp −$38 | 63.5 bp −$635 | 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 | 1,618.3 | +0.004% | $1.2M | $633K | 10x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,657.7 | +2.438% | $730K | $285K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,647.4 | +1.801% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,616.8 | −0.091% | $46.0M | $10.2M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,620.5 | +0.136% | $5.4M | $3.9M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,619.9 | +0.102% | — | $2.3M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,618.9 | +0.038% | $3K | $3K | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,618.9 | +0.043% | $79K | $225K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,619 | +0.048% | $1.6M | $498K | 10x | as long as short |
| Lighter OPENAI | +0.0008% | 1h | 1,708.7 | +5.591% | $1.4M | $274K | 5x | as long as short |
QFEX OPENAI-USD
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
Deribit OPENAI_USDC-PERPETUAL
HTX OPENAI-USDT
Phemex OPENAIUSDT
Lighter OPENAIShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH OPENAI | +0.0032% | 1h | 1,675.9 | +3.562% | $2.7M | $6.2M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,618.2 | −0.005% | $142K | $808K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,621 | +0.170% | $211K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,618.6 | +0.020% | $22.9M | $16.3M | 20x | as long as short |
| MEXC OPENAI_USDTshort | +0.0050% | 8h | 1,620.2 | +0.123% | $6.6M | $2.4M | 50x | |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,618.9 | +0.037% | $373K | $112K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,618.9 | +0.042% | $2.6M | $760K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,618.2 | 0.000% | $2K | $173K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0056% | 8h | 1,618.9 | +0.039% | $478K | $297K | 20x | as long as short |
| Aevo OPENAI-PERPlong | +0.0104% | 1h | 1,618.3 | long leg | — | — | 10x | |
| Entropy io:OAI | +0.0202% | 1h | 1,669.4 | +3.161% | $7.6M | $2.3M | 6x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0344% | 1h | 1,629 | +0.664% | $236K | $172K | 5x | as long as short |
Lighter RH OPENAI
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
BloFin OPENAI-USDT
Entropy io:OAI
Coinbase International OPENAI-PERP-INTX