Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: QFEX against Bitget−0.191%7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1181.184% of the position
Funding, last 3 days (all we have)−0.004%$0 on $10k
+Price spread, last 7 days+0.228%+$23 · spread now −0.191%, 7d avg +0.027%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.218% cheaper against Bitget than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of +0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget OPENAIUSDT | 1,625 | 0 | get 0.0000% / 8h | 2h 22m | $5.5M | $5.0M | 20x |
| Short | QFEX OPENAI-USD | 1,621.9 | 0 | get 0.0000% / 1h | 22m 19s | $1.2M | $359K | 10x |
Bitget OPENAIUSDT
QFEX OPENAI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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: −0.191% → +0.027%
- −$21.8
- Slippage, 4 orders
- −$96.37
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$140.17
- Costs to cover
- 1.184%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; QFEX: live order book, 4 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, 1 min ago | 1.51 bp | 80.1 bp −$80 | 108.0 bp −$1,080 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 4 min ago | 3.67 bp | 9.2 bp −$9 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit OPENAI_USDC-PERPETUAL | −0.2285% | 1h | 1,626.2 | +0.078% | — | $3 | 5x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,703 | +4.800% | $1.4M | $314K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,668.5 | +2.676% | $757K | $225K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,656.2 | +1.922% | $5.1M | $1.4M | 20x | as long as short |
| QFEX OPENAI-USDshort | 0.0000% | 1h | 1,621.9 | −0.191% | $1.2M | $359K | 10x | |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,619.1 | −0.360% | $52.7M | $48.5M | 50x | as long as short |
| Bitget OPENAIUSDTlong | 0.0000% | 8h | 1,625 | long leg | $5.5M | $5.0M | 20x | |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,628.3 | +0.205% | — | $2.6M | 10x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,632.2 | +0.442% | $79K | $211K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,624 | −0.060% | $1.6M | $582K | 10x | as long as short |
Deribit OPENAI_USDC-PERPETUAL
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
SunX OPENAI-USDT
HTX OPENAI-USDT
Phemex OPENAIUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH OPENAI | +0.0032% | 1h | 1,667 | +2.585% | $2.6M | $6.2M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,622.7 | −0.138% | $133K | $656K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,630.3 | +0.327% | $212K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,622.3 | −0.165% | $23.1M | $21.2M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,621.8 | −0.195% | $12.9M | $3.1M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,640.2 | +0.940% | $375K | $66K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,636.3 | +0.696% | $2.7M | $659K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,637.2 | +0.752% | $2K | $154K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0067% | 8h | 1,626.3 | +0.081% | $472K | $292K | 20x | as long as short |
| Entropy io:OAI | +0.0098% | 1h | 1,668.5 | +2.679% | $7.3M | $2.2M | 6x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,622 | −0.184% | — | — | 10x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.1080% | 1h | 1,633.9 | +0.551% | $237K | $107K | 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
BloFin OPENAI-USDT
Entropy io:OAI
Aevo OPENAI-PERP
Coinbase International OPENAI-PERP-INTX