OPENAI

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h +0.015%

Price spread now: MEXC against Bitget+0.059%7-day average +0.052% · you sell dearer than you buy

Net, funding: paid 7d − costs−$110as in the Funding arb table

Net, price: spread back to 7d avg − costs−$120as in the Price arb table

costs, in and out, $10k−$1211.205% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.105%+$11 on $10k

Price spread, last 7 days+0.032%+$3 · spread now +0.059%, 7d avg +0.052%

Together, before fees+0.137%+$14 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.052%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget OPENAIUSDT	1,624.6	0	get 0.0000% / 8h	7h 48m	$5.4M	$3.9M	20x
Short	MEXC OPENAI_USDT	1,625.6	0.0050	get 0.0050% / 8h	7h 48m	$6.6M	$2.4M	50x

Funding history

latest

Range statsloading…

MEXC against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee BitgetbpFee MEXCbpOrdersPrice spread, now +0.059%Rate

Slippage from Bitget: live order book, 5 min ago; MEXC: live order book, 5 min ago.

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, 5 min ago	2.31 bp	16.6 bp −$17	23.7 bp −$237	105.4 bp −$10.5K	doesn't fit
Sell MEXC live order book, 5 min ago	5.45 bp	19.7 bp −$20	42.9 bp −$429	doesn't fit	doesn't fit

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	1,623.7	−0.057%	$1.2M	$628K	10x	as long as short
Bybit OPENAIUSDT	0.0000%	8h	1,660.8	+2.226%	$727K	$274K	25x	as long as short
OKX OPENAI-USDT-SWAP	0.0000%	8h	1,650.7	+1.606%	$5.1M	$1.3M	20x	as long as short
Gate OPENAI_USDT	0.0000%	8h	1,620.8	−0.232%	$45.8M	$9.4M	50x	as long as short
Bitget OPENAIUSDTlong	0.0000%	8h	1,624.6	long leg	$5.4M	$3.9M	20x
SunX OPENAI-USDT	0.0000%	8h	1,624.8	+0.012%	—	$2.3M	10x	as long as short
Deribit OPENAI_USDC-PERPETUAL	0.0000%	1h	1,623.8	−0.052%	—	$3	5x	as long as short
HTX OPENAI-USDT	0.0000%	8h	1,624.1	−0.029%	$79K	$225K	20x	as long as short
Phemex OPENAIUSDT	0.0000%	8h	1,623.7	−0.056%	$1.6M	$499K	10x	as long as short
Lighter OPENAI	+0.0008%	1h	1,711.5	+5.349%	$1.4M	$273K	5x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH OPENAI	+0.0032%	1h	1,679.6	+3.386%	$2.7M	$6.1M	5x	as long as short
BloFin OPENAI-USDT	+0.0032%	8h	1,623.9	−0.044%	$475K	$296K	20x	as long as short
Extended OPENAI-USD	+0.0048%	1h	1,623.6	−0.065%	$141K	$808K	10x	as long as short
Aster OPENAIUSDT	+0.0050%	8h	1,626.4	+0.112%	$212K	$3K	20x	as long as short
Binance OPENAIUSDT	+0.0050%	8h	1,623.9	−0.041%	$22.9M	$16.4M	20x	as long as short
MEXC OPENAI_USDTshort	+0.0050%	8h	1,625.6	+0.059%	$6.6M	$2.4M	50x
KuCoin OPENAIUSDTM	+0.0050%	8h	1,624.4	−0.014%	$374K	$91K	20x	as long as short
Variational Omni OPENAI	+0.0050%	8h	1,624.4	−0.013%	$2.6M	$760K	—	as long as short
GRVT OPENAI_USDT_Perp	+0.0050%	8h	1,621.9	−0.166%	$2K	$176K	10x	as long as short
Aevo OPENAI-PERP	+0.0104%	1h	1,623.6	−0.061%	—	—	10x	as long as short
Entropy io:OAI	+0.0272%	1h	1,668.5	+2.702%	$7.6M	$2.3M	6x	as long as short
Coinbase International OPENAI-PERP-INTX	+0.0344%	1h	1,629	+0.270%	$236K	$172K	5x	as long as short