Funding you earn now, next payment 05:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h +0.014%
Price spread now: Extended against Bitget−0.141%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1461.460% of the position
Funding, last 7 days+0.101%+$10 on $10k
+Price spread, last 4 days (all we have)+0.170%+$17 · spread now −0.141%, 7d avg −0.009%
=Together, before fees+0.270%+ Points / potential airdropExtended: Active · farm board+$27 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.132% cheaper against Bitget than usual: you would sell low and buy high (spread −0.141% now, against its 7-day average of −0.009%). If the spread goes back, that is −$13 on $10k: about 9.1 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget OPENAIUSDT | 1,623.4 | 0 | get 0.0000% / 8h | 3h 56m | $5.5M | $5.0M | 20x |
| Short | Extended OPENAI-USD | 1,621.2 | 0.0048 | get 0.0006% / 1h | 56m 09s | $141K | $737K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $10.08
- Price spread: −0.141% → −0.009%
- −$13.17
- Slippage, 4 orders
- −$129.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$149.11
- Costs to cover
- 1.460%
- Break-even
- 110.6 days
Slippage from Bitget: live order book, 2 min ago; Extended: live order book, 62 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, 2 min ago | 0.86 bp | 30.2 bp −$30 | 33.5 bp −$335 | doesn't fit | doesn't fit |
| Sell Extended live order book, 62 min ago | 4.94 bp | 32.1 bp −$32 | 252.9 bp −$2,529 | 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 | −0.0001% | 1h | 1,621.4 | −0.126% | $1.2M | $554K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,712.4 | +5.479% | $1.4M | $265K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,663.9 | +2.495% | $755K | $207K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,652.4 | +1.784% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,618 | −0.333% | $52.3M | $25.3M | 50x | as long as short |
| Bitget OPENAIUSDTlong | 0.0000% | 8h | 1,623.4 | long leg | $5.5M | $5.0M | 20x | |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,623.4 | −0.002% | — | $2.4M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,622.1 | −0.083% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,622 | −0.086% | $79K | $220K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,621.3 | −0.132% | $1.6M | $544K | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin OPENAI-USDT | +0.0029% | 8h | 1,622.7 | −0.043% | $475K | $286K | 20x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,680.2 | +3.498% | $2.7M | $6.1M | 5x | as long as short |
| Extended OPENAI-USDshort | +0.0048% | 1h | 1,621.2 | −0.141% | $141K | $737K | 10x | |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,628.3 | +0.300% | $212K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,621.5 | −0.122% | $22.9M | $17.9M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,621.3 | −0.134% | $13.0M | $3.2M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,625.3 | +0.116% | $375K | $68K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,620.9 | −0.158% | $2.6M | $766K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,622.2 | −0.078% | $2K | $153K | 10x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0056% | 1h | 1,622.7 | −0.043% | $226K | $161K | 5x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,621.7 | −0.109% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0153% | 1h | 1,674.3 | +3.133% | $7.7M | $2.3M | 6x | as long as short |
Bitget OPENAIUSDT
Extended OPENAI-USD
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
SunX OPENAI-USDT
Deribit OPENAI_USDC-PERPETUAL
HTX OPENAI-USDT
Phemex OPENAIUSDT
BloFin OPENAI-USDT
Lighter RH OPENAI
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
Coinbase International OPENAI-PERP-INTX