Funding you earn now, next payment 11:00 UTC+0.0080%/8h= +8.8% APRpaid last 24h +0.043%
Price spread now: Entropy against BloFin+2.386%7-day average +4.265% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.476%+$48 on $10k
+Price spread, last 4 days (all we have)+3.142%+$314 · spread now +2.386%, 7d avg +4.265%
=Funding pays, the price is against you. Entropy is 1.879% cheaper against BloFin than usual: you would sell low and buy high (spread +2.386% now, against its 7-day average of +4.265%). If the spread goes back, that is −$188 on $10k: about 3 months of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.476% in total) that is about 28 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin OPENAI-USDT | 1,632.6 | 0.0075 | pay 0.0075% / 8h | 5h 52m | $483K | $319K | 20x |
| Short | Entropy io:OAI | 1,671.6 | 0.0155 | get 0.0019% / 1h | 52m 21s | $7.6M | $2.4M | 6x |
BloFin OPENAI-USDT
Entropy io:OAIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy 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
- $16.82
- Price spread: +2.386% → +4.265%
- −$187.85
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$201.03
- Costs to cover
- 0.300%
- Break-even
- 90.7 days
Slippage unknown: BloFin: live order book, 56 min ago; Entropy: live order book, 8 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, 56 min ago | 1.32 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Entropy live order book, 8 min ago | 0.30 bp | 16.3 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
OPENAI on 22 exchanges
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 | −0.0003% | 1h | 1,632.7 | +0.005% | $1.2M | $658K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,712.5 | +4.892% | $1.4M | $274K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,669.7 | +2.267% | $731K | $282K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,660.1 | +1.682% | $5.1M | $1.2M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,630.4 | −0.137% | $48.9M | $15.0M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,633.7 | +0.067% | $5.4M | $3.6M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,633.4 | +0.047% | — | $1.7M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,633.2 | +0.035% | $3K | $3K | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,633.5 | +0.055% | $80K | $162K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,632.8 | +0.007% | $1.6M | $503K | 10x | as long as short |
QFEX OPENAI-USD
Lighter OPENAI
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 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH OPENAI | +0.0032% | 1h | 1,680.3 | +2.917% | $2.8M | $6.2M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,632.2 | −0.027% | $142K | $812K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,635.4 | +0.168% | $213K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,632.7 | +0.006% | $23.0M | $17.2M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,633.8 | +0.069% | $6.7M | $2.4M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,636.6 | +0.243% | $379K | $222K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,631 | −0.102% | $2.6M | $770K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,630.5 | −0.129% | $2K | $169K | 10x | as long as short |
| BloFin OPENAI-USDTlong | +0.0075% | 8h | 1,632.6 | long leg | $483K | $319K | 20x | |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,632.7 | +0.005% | — | — | 10x | as long as short |
| Entropy io:OAIshort | +0.0155% | 1h | 1,671.6 | +2.386% | $7.6M | $2.4M | 6x | |
| Coinbase International OPENAI-PERP-INTX | +0.0712% | 1h | 1,635.2 | +0.157% | $230K | $175K | 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
Aevo OPENAI-PERP
Coinbase International OPENAI-PERP-INTX