Funding you earn now, next payment 00:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.21 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against Binance+0.020%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$630.626% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 2 days (all we have)−0.028%−$3 · spread now +0.020%, 7d avg +0.016%
=The price spread sits at its 7-day average of +0.016%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance OPENAIUSDT | 1,628.2 | 0.0050 | pay 0.0050% / 8h | 24m 55s | $23.1M | $18.8M | 20x |
| Short | BloFin OPENAI-USDT | 1,628.6 | 0.0071 | get 0.0071% / 8h | 24m 55s | $474K | $277K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- $4.36
- Price spread: +0.020% → +0.016%
- $0.37
- Slippage, 4 orders
- −$40.65
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$57.91
- Costs to cover
- 0.626%
- Break-even
- 99.9 days
Slippage from Binance: live order book, 1 min ago; BloFin: live order book, 51 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 Binance live order book, 1 min ago | 0.92 bp | 14.9 bp −$15 | 66.9 bp −$669 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 51 min ago | 0.37 bp | 15.0 bp −$15 | doesn't fit | 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 | 1,628.2 | −0.003% | $236K | $146K | 5x | as long as short |
| QFEX OPENAI-USD | −0.0010% | 1h | 1,628.3 | +0.003% | $1.2M | $387K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,708.3 | +4.918% | $1.4M | $287K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,675.2 | +2.887% | $770K | $217K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,659.4 | +1.915% | $5.1M | $1.4M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,625.6 | −0.160% | $52.6M | $39.6M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,630.2 | +0.120% | $5.5M | $5.1M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,629.5 | +0.078% | — | $2.6M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,627.9 | −0.021% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,627 | −0.076% | $79K | $213K | 20x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,627.8 | −0.024% | $1.6M | $558K | 10x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,680.8 | +3.227% | $2.6M | $6.3M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,627.9 | −0.019% | $131K | $667K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,633 | +0.295% | $213K | $3K | 20x | as long as short |
| Binance OPENAIUSDTlong | +0.0050% | 8h | 1,628.2 | long leg | $23.1M | $18.8M | 20x | |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,628.3 | +0.007% | $13.0M | $3.1M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,630.2 | +0.120% | $377K | $64K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,628.4 | +0.011% | $2.6M | $751K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,626.8 | −0.089% | $2K | $140K | 10x | as long as short |
| BloFin OPENAI-USDTshort | +0.0071% | 8h | 1,628.6 | +0.020% | $474K | $277K | 20x | |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,627.7 | −0.034% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0261% | 1h | 1,671.2 | +2.639% | $7.4M | $2.2M | 6x | as long as short |
Binance OPENAIUSDT
BloFin OPENAI-USDT
Coinbase International OPENAI-PERP-INTX
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
Deribit OPENAI_USDC-PERPETUAL
HTX OPENAI-USDT
Phemex OPENAIUSDT
Lighter RH OPENAI
Extended OPENAI-USD
Aster OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp