Funding you earn now, next payment 08:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.40 per $10,000 · paid last 24h −0.201%
Price spread now: HTX against BloFin+0.153%59s7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$660.660% of the position
Funding, last 7 days−0.295%−$29 on $10k
+Price spread, last 4 days (all we have)−0.257%−$26 · spread now +0.153%, 7d avg −0.022%
=The price spread pays, funding is against you. HTX is 0.175% dearer against BloFin than usual: you sell high and buy low (spread +0.153% now, against its 7-day average of −0.022%): +$18 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 15 days. At the pace of the last 7 days (−0.295% in total) that is about 4.2 days. The two prices were read 59 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 | 1,619 | 0.0040 | pay 0.0040% / 8h | 1h 15m | $472K | $295K | 20x |
| Short | HTX OPENAI-USDT | 1,621.4 | 0 | get 0.0000% / 8h | 1h 15m | $79K | $234K | 20x |
BloFin OPENAI-USDT
HTX OPENAI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$8.39
- Price spread: +0.153% → −0.022%
- $17.52
- Slippage, 4 orders
- −$42.02
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$56.89
- Costs to cover
- 0.660%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 6 min ago; HTX: live order book, 26 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 BloFin live order book, 6 min ago | 0.22 bp | 7.9 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 26 min ago | 3.89 bp | 29.7 bp −$30 | 44.1 bp −$441 | 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 | −0.0002% | 1h | 1,616.7 | −0.137% | $1.2M | $618K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,712.5 | +5.778% | $1.4M | $266K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,658.6 | +2.447% | $753K | $205K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,647 | +1.732% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,612.5 | −0.397% | $44.6M | $18.3M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,617.5 | −0.092% | $5.4M | $4.7M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,619.5 | +0.033% | — | $2.4M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,617.5 | −0.092% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDTshort | 0.0000% | 8h | 1,621.4 | +0.153% | $79K | $234K | 20x | |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,616.6 | −0.145% | $1.6M | $511K | 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
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 | 1,679.3 | +3.725% | $2.7M | $6.1M | 5x | as long as short |
| BloFin OPENAI-USDTlong | +0.0040% | 8h | 1,619 | long leg | $472K | $295K | 20x | |
| Coinbase International OPENAI-PERP-INTX | +0.0040% | 1h | 1,624.3 | +0.331% | $226K | $162K | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,617.2 | −0.106% | $141K | $586K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,619.8 | +0.052% | $211K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,617 | −0.119% | $22.8M | $17.7M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,617.1 | −0.117% | $8.0M | $4.9M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,623.2 | +0.263% | $373K | $70K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,616.7 | −0.137% | $2.6M | $757K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,620.9 | +0.118% | $2K | $179K | 10x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,616.4 | −0.158% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0152% | 1h | 1,670.1 | +3.159% | $7.7M | $2.3M | 6x | as long as short |
Lighter RH OPENAI
Coinbase International OPENAI-PERP-INTX
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