Funding you earn now, next payment 00:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.50 per $10,000 · paid last 24h −0.203%
Price spread now: HTX against Aster−0.261%7-day average −0.149% · you buy dearer than you sell
Net, funding: paid 7d − costs−$550as in the Funding arb table
Net, price: spread back to 7d avg − costs−$532as in the Price arb table
costs, in and out, $10k−$5215.208% of the position
Funding, last 7 days−0.293%−$29 on $10k
+Price spread, last 3 days (all we have)+0.055%+$5 · spread now −0.261%, 7d avg −0.149%
=Together, before fees−0.238%+ Points / potential airdropAster: Stage 5 · farm board−$24 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and HTX is 0.112% cheaper against Aster than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.149%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster OPENAIUSDT | 1,633.3 | 0.0050 | pay 0.0050% / 8h | 21m 38s | $213K | $3K | 20x |
| Short | HTX OPENAI-USDT | 1,629.1 | 0 | get 0.0000% / 8h | 21m 38s | $79K | $213K | 20x |
Aster OPENAIUSDT
HTX OPENAI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Aster. 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
- −$10.5
- Price spread: −0.261% → −0.149%
- −$11.15
- Slippage, 4 orders
- −$500.78
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$542.43
- Costs to cover
- 5.208%
- Break-even
- never at this rate
Slippage from Aster: live order book, 55 min ago; HTX: live order book, 55 min ago.
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 Aster live order book, 55 min ago | 58.23 bp | 360.3 bp −$360 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 55 min ago | 4.14 bp | 46.0 bp −$46 | 72.2 bp −$722 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International OPENAI-PERP-INTX | −0.0168% | 1h | 1,628.7 | −0.283% | $236K | $147K | 5x | as long as short |
| QFEX OPENAI-USD | −0.0010% | 1h | 1,628.5 | −0.292% | $1.2M | $387K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,709 | +4.634% | $1.4M | $287K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,675.7 | +2.592% | $771K | $217K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,660.7 | +1.677% | $5.1M | $1.4M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,626.4 | −0.421% | $52.7M | $39.6M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,631.1 | −0.138% | $5.5M | $5.1M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,629.4 | −0.240% | — | $2.6M | 10x | as long as short |
| HTX OPENAI-USDTshort | 0.0000% | 8h | 1,629.1 | −0.261% | $79K | $213K | 20x | |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,628.3 | −0.310% | $1.6M | $558K | 10x | as long as short |
Coinbase International OPENAI-PERP-INTX
QFEX OPENAI-USD
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
Phemex OPENAIUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH OPENAI | +0.0032% | 1h | 1,681.7 | +2.960% | $2.6M | $6.3M | 5x | as long as short |
| BloFin OPENAI-USDT | +0.0041% | 8h | 1,628.6 | −0.292% | $474K | $277K | 20x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,628.1 | −0.317% | $131K | $667K | 10x | as long as short |
| Aster OPENAIUSDTlong | +0.0050% | 8h | 1,633.3 | long leg | $213K | $3K | 20x | |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,628.4 | −0.299% | $23.2M | $18.8M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,628.9 | −0.273% | $13.0M | $3.1M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,630.4 | −0.177% | $376K | $63K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,628.4 | −0.301% | $2.6M | $751K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,626.8 | −0.401% | $2K | $140K | 10x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,628.3 | −0.309% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0254% | 1h | 1,671.9 | +2.362% | $7.4M | $2.2M | 6x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | +0.0536% | 1h | 1,630.2 | −0.194% | — | $3 | 5x | as long as short |
Lighter RH OPENAI
BloFin OPENAI-USDT
Extended OPENAI-USD
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
Aevo OPENAI-PERP
Entropy io:OAI
Deribit OPENAI_USDC-PERPETUAL