Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Bitget+2.203%7-day average +2.905% · you sell dearer than you buy
Net, funding: paid 7d − costs−$206as in the Funding arb table
Net, price: spread back to 7d avg − costs−$276as in the Price arb table
costs, in and out, $10k−$2062.060% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.421%+$42 · spread now +2.203%, 7d avg +2.905%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.702% cheaper against Bitget than usual: you would sell low and buy high, −$70 on $10k if it goes back to its 7-day average of +2.905%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget OPENAIUSDT | 1,625.1 | 0 | get 0.0000% / 8h | 7h 22m | $5.4M | $3.8M | 20x |
| Short | Bybit OPENAIUSDT | 1,660.9 | 0 | get 0.0000% / 8h | 7h 22m | $731K | $284K | 25x |
Bitget OPENAIUSDT
Bybit OPENAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: +2.203% → +2.905%
- −$70.18
- Slippage, 4 orders
- −$183.05
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$276.23
- Costs to cover
- 2.060%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 6 min ago; Bybit: live order book, 7 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 Bitget live order book, 6 min ago | 2.01 bp | 41.2 bp −$41 | 63.3 bp −$633 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 7 min ago | 16.95 bp | 91.6 bp −$92 | 668.7 bp −$6,687 | 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 | 1,622.4 | −0.163% | $1.2M | $632K | 10x | as long as short |
| Bybit OPENAIUSDTshort | 0.0000% | 8h | 1,660.9 | +2.203% | $731K | $284K | 25x | |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,651 | +1.595% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,622 | −0.190% | $46.3M | $10.5M | 50x | as long as short |
| Bitget OPENAIUSDTlong | 0.0000% | 8h | 1,625.1 | long leg | $5.4M | $3.8M | 20x | |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,623.5 | −0.097% | — | $2.2M | 10x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,620 | −0.313% | $79K | $225K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,623.9 | −0.076% | $1.6M | $498K | 10x | as long as short |
| Lighter OPENAI | +0.0008% | 1h | 1,710.4 | +5.248% | $1.4M | $276K | 5x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,677.8 | +3.246% | $2.7M | $6.2M | 5x | as long as short |
QFEX OPENAI-USD
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
SunX OPENAI-USDT
HTX OPENAI-USDT
Phemex OPENAIUSDT
Lighter OPENAI
Lighter RH OPENAIShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended OPENAI-USD | +0.0048% | 1h | 1,623 | −0.130% | $142K | $808K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,626.4 | +0.079% | $212K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,623.3 | −0.107% | $22.9M | $16.3M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,622.7 | −0.147% | $6.6M | $2.4M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,624.1 | −0.058% | $374K | $120K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,619.6 | −0.335% | $2.6M | $759K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,620.1 | −0.308% | $2K | $173K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0053% | 8h | 1,623.3 | −0.109% | $480K | $300K | 20x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,622.5 | −0.156% | — | — | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | +0.0116% | 1h | 1,623.7 | −0.084% | $3K | $3K | 5x | as long as short |
| Entropy io:OAI | +0.0171% | 1h | 1,668.1 | +2.647% | $7.6M | $2.3M | 6x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0344% | 1h | 1,629 | +0.241% | $234K | $172K | 5x | as long as short |
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
BloFin OPENAI-USDT
Aevo OPENAI-PERP
Deribit OPENAI_USDC-PERPETUAL
Entropy io:OAI
Coinbase International OPENAI-PERP-INTX