Funding you earn now, next payment 09:00 UTC+0.0210%/8h= +23.0% APRpaid last 24h +0.044%
Price spread now: Entropy against Binance+2.773%7-day average +5.144% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.483%+$48 on $10k
+Price spread, last 7 days+3.731%+$373 · spread now +2.773%, 7d avg +5.144%
=Funding pays, the price is against you. Entropy is 2.371% cheaper against Binance than usual: you would sell low and buy high (spread +2.773% now, against its 7-day average of +5.144%). If the spread goes back, that is −$237 on $10k: about 38 days of funding at the current rate (+$6 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance OPENAIUSDT | 1,624.2 | 0.0050 | pay 0.0050% / 8h | 7h 45m | $22.9M | $16.3M | 20x |
| Short | Entropy io:OAI | 1,669.2 | 0.0260 | get 0.0032% / 1h | 45m 35s | $7.6M | $2.3M | 6x |
Binance OPENAIUSDT
Entropy io:OAIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy 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
- $44.08
- Price spread: +2.773% → +5.144%
- −$237.1
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$221.02
- Costs to cover
- 0.280%
- Break-even
- 42.1 days
Slippage unknown: Binance: live order book, 10 min ago; Entropy: live order book, 11 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 Binance live order book, 10 min ago | 1.05 bp | 14.7 bp −$15 | 54.9 bp −$549 | doesn't fit | doesn't fit |
| Sell Entropy live order book, 11 min ago | 1.50 bp | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX OPENAI-USD | −0.0004% | 1h | 1,623.6 | −0.034% | $1.2M | $629K | 10x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,660.5 | +2.237% | $727K | $274K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,651 | +1.652% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,622.3 | −0.118% | $45.8M | $9.6M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,625.6 | +0.090% | $5.4M | $3.9M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,624.2 | +0.002% | — | $2.3M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,624 | −0.009% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,624.1 | −0.002% | $79K | $225K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,623.7 | −0.028% | $1.6M | $498K | 10x | as long as short |
| Lighter OPENAI | +0.0008% | 1h | 1,712.4 | +5.432% | $1.4M | $273K | 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 | 1,680 | +3.440% | $2.7M | $6.1M | 5x | as long as short |
| BloFin OPENAI-USDT | +0.0046% | 8h | 1,623.1 | −0.065% | $474K | $296K | 20x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,623.8 | −0.026% | $141K | $804K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,626.6 | +0.150% | $212K | $3K | 20x | as long as short |
| Binance OPENAIUSDTlong | +0.0050% | 8h | 1,624.2 | long leg | $22.9M | $16.3M | 20x | |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,626.7 | +0.153% | $6.6M | $2.4M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,624.5 | +0.018% | $374K | $93K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,623.8 | −0.022% | $2.6M | $760K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,624 | −0.010% | $2K | $176K | 10x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,623.5 | −0.039% | — | — | 10x | as long as short |
| Entropy io:OAIshort | +0.0260% | 1h | 1,669.2 | +2.773% | $7.6M | $2.3M | 6x | |
| Coinbase International OPENAI-PERP-INTX | +0.0344% | 1h | 1,629 | +0.298% | $236K | $172K | 5x | as long as short |
Lighter RH OPENAI
BloFin OPENAI-USDT
Extended OPENAI-USD
Aster OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
Aevo OPENAI-PERP
Coinbase International OPENAI-PERP-INTX