Funding you earn now, next payment 03:00 UTC−0.0072%/8h= −7.9% APRpaid last 24h +0.235%
Price spread now: Coinbase International against BloFin+0.076%58s7-day average +0.443% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.696%+$70 on $10k
+Price spread, last 4 days (all we have)+1.162%+$116 · spread now +0.076%, 7d avg +0.443%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Coinbase International is 0.367% cheaper against BloFin than usual: you would sell low and buy high (−$37 if the spread goes back to its 7-day average of +0.443%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.696%, so the current rate has only just turned against you. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin OPENAI-USDT | 1,623.7 | 0.0048 | pay 0.0048% / 8h | 4h 19m | $474K | $284K | 20x |
| Short | Coinbase International OPENAI-PERP-INTX | 1,624.9 | −0.0024 | pay 0.0003% / 1h | 19m 36s | $226K | $161K | 5x |
BloFin OPENAI-USDT
Coinbase International OPENAI-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against BloFin. 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
- −$15.18
- Price spread: +0.076% → +0.443%
- −$36.73
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$73.91
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 16 min ago; Coinbase International: live order book, 38 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 BloFin live order book, 16 min ago | 1.41 bp | 13.6 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 38 min ago | 11.10 bp | 22.0 bp −$22 | 46.6 bp −$466 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International OPENAI-PERP-INTXshort | −0.0024% | 1h | 1,624.9 | +0.076% | $226K | $161K | 5x | |
| QFEX OPENAI-USD | −0.0004% | 1h | 1,623.5 | −0.013% | $1.2M | $548K | 10x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,663.9 | +2.476% | $755K | $207K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,652.4 | +1.768% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,620.6 | −0.191% | $52.4M | $28.1M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,625.1 | +0.084% | $5.5M | $5.0M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,624.7 | +0.062% | — | $2.4M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,624.6 | +0.053% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,625 | +0.077% | $79K | $219K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,623.2 | −0.029% | $1.6M | $546K | 10x | as long as short |
QFEX OPENAI-USD
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter OPENAI | +0.0008% | 1h | 1,714.7 | +5.607% | $1.4M | $266K | 5x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,681.4 | +3.553% | $2.7M | $6.2M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,623.3 | −0.026% | $144K | $736K | 10x | as long as short |
| BloFin OPENAI-USDTlong | +0.0048% | 8h | 1,623.7 | long leg | $474K | $284K | 20x | |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,629 | +0.325% | $212K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,623.7 | +0.001% | $22.9M | $17.9M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,624 | +0.018% | $13.0M | $3.2M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,625.3 | +0.100% | $375K | $70K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,623.7 | −0.003% | $2.6M | $766K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,624.1 | +0.024% | $2K | $149K | 10x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,623.5 | −0.013% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0257% | 1h | 1,675.7 | +3.203% | $7.7M | $2.3M | 6x | as long as short |
Lighter OPENAI
Lighter RH OPENAI
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
Aevo OPENAI-PERP
Entropy io:OAI