Funding you earn now, next payment 23:00 UTC−0.0002%/8h= −0.2% APRpaid last 24h −0.001%
Price spread now: Extended against Binance−0.137%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1131.130% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 2 days (all we have)+0.085%+$8 · spread now −0.137%, 7d avg −0.024%
=Together, before fees+0.081%+ Points / potential airdropExtended: Active · farm board+$8 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.113% cheaper against Binance than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.024%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance OPENAIUSDT | 1,620.7 | 0.0050 | pay 0.0050% / 8h | 1h 27m | $23.0M | $20.5M | 20x |
| Short | Extended OPENAI-USD | 1,618.4 | 0.0048 | get 0.0006% / 1h | 27m 29s | $131K | $670K | 10x |
Binance OPENAIUSDT
Extended OPENAI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$0.42
- Price spread: −0.137% → −0.024%
- −$11.3
- Slippage, 4 orders
- −$97.98
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$124.7
- Costs to cover
- 1.130%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; Extended: 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 Binance live order book, 14 min ago | 1.75 bp | 20.2 bp −$20 | 80.9 bp −$809 | doesn't fit | doesn't fit |
| Sell Extended live order book, 55 min ago | 4.32 bp | 36.5 bp −$36 | 264.3 bp −$2,643 | 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 | −0.0005% | 1h | 1,620.5 | −0.012% | $1.2M | $386K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,694.2 | +4.541% | $1.4M | $291K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,667.1 | +2.865% | $762K | $226K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,651.9 | +1.928% | $5.1M | $1.4M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,617.5 | −0.196% | $52.6M | $40.7M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,621.5 | +0.054% | $5.5M | $5.1M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,620.7 | +0.003% | — | $2.6M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,620.3 | −0.020% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,619.1 | −0.099% | $78K | $213K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,617.2 | −0.213% | $1.6M | $578K | 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 | +0.0026% | 8h | 1,618.5 | −0.133% | $472K | $294K | 20x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,665 | +2.738% | $2.6M | $6.3M | 5x | as long as short |
| Extended OPENAI-USDshort | +0.0048% | 1h | 1,618.4 | −0.137% | $131K | $670K | 10x | |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,624.9 | +0.263% | $212K | $3K | 20x | as long as short |
| Binance OPENAIUSDTlong | +0.0050% | 8h | 1,620.7 | long leg | $23.0M | $20.5M | 20x | |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,619.7 | −0.056% | $12.9M | $3.1M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,636.1 | +0.955% | $377K | $64K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,618.6 | −0.126% | $2.6M | $757K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,619.5 | −0.072% | $2K | $151K | 10x | as long as short |
| Entropy io:OAI | +0.0076% | 1h | 1,660.7 | +2.471% | $7.3M | $2.2M | 6x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,618.6 | −0.128% | — | — | 10x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0456% | 1h | 1,620.2 | −0.031% | $235K | $138K | 5x | as long as short |
BloFin OPENAI-USDT
Lighter RH OPENAI
Aster OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
Entropy io:OAI
Aevo OPENAI-PERP
Coinbase International OPENAI-PERP-INTX