Funding you earn now, next payment 00:00 UTC+0.0026%/8h= +2.9% APRnext payment +$0.26 per $10,000 · paid last 24h +0.018%
Price spread now: BloFin against Bitget−0.166%7-day average +0.034% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.111%+$11 on $10k
+Price spread, last 3 days (all we have)+0.292%+$29 · spread now −0.166%, 7d avg +0.034%
=Funding pays, the price is against you. BloFin is 0.200% cheaper against Bitget than usual: you would sell low and buy high (spread −0.166% now, against its 7-day average of +0.034%). If the spread goes back, that is −$20 on $10k: about 25 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.111% in total) that is about 13 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget OPENAIUSDT | 1,621.2 | 0 | get 0.0000% / 8h | 1h 28m | $5.5M | $5.1M | 20x |
| Short | BloFin OPENAI-USDT | 1,618.5 | 0.0026 | get 0.0026% / 8h | 1h 28m | $472K | $294K | 20x |
Bitget OPENAIUSDT
BloFin OPENAI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- $5.52
- Price spread: −0.166% → +0.034%
- −$19.97
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$38.44
- Costs to cover
- 0.240%
- Break-even
- 55.7 days
Slippage unknown: Bitget: live order book, 4 min ago; BloFin: live order book, 52 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 Bitget live order book, 4 min ago | 2.84 bp | 52.6 bp −$53 | 64.2 bp −$642 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 52 min ago | 0.15 bp | 17.9 bp −$18 | 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 | −0.0005% | 1h | 1,618.7 | −0.154% | $1.2M | $386K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,694 | +4.493% | $1.4M | $291K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,668.1 | +2.897% | $760K | $224K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,651.4 | +1.864% | $5.1M | $1.4M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,616.2 | −0.305% | $52.5M | $40.7M | 50x | as long as short |
| Bitget OPENAIUSDTlong | 0.0000% | 8h | 1,621.2 | long leg | $5.5M | $5.1M | 20x | |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,621.2 | +0.001% | — | $2.6M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,621.3 | +0.004% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,619.1 | −0.131% | $78K | $213K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,618.8 | −0.147% | $1.6M | $579K | 10x | as long as short |
QFEX OPENAI-USD
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
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-USDTshort | +0.0026% | 8h | 1,618.5 | −0.166% | $472K | $294K | 20x | |
| Lighter RH OPENAI | +0.0032% | 1h | 1,665 | +2.700% | $2.6M | $6.3M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,618.5 | −0.164% | $131K | $670K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,625.1 | +0.239% | $212K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,618.8 | −0.146% | $23.0M | $20.6M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,619 | −0.137% | $12.9M | $3.1M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,636.1 | +0.922% | $377K | $64K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,618.6 | −0.159% | $2.6M | $757K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,619.8 | −0.086% | $2K | $152K | 10x | as long as short |
| Entropy io:OAI | +0.0078% | 1h | 1,660.8 | +2.444% | $7.3M | $2.2M | 6x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,618.8 | −0.147% | — | — | 10x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0456% | 1h | 1,619.7 | −0.089% | $235K | $138K | 5x | as long as short |
Lighter RH OPENAI
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
Entropy io:OAI
Aevo OPENAI-PERP
Coinbase International OPENAI-PERP-INTX