OPENAI

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.5% APRnext payment −$0.04 per $10,000 · paid last 24h −0.003%

Price spread now: KuCoin against BloFin+0.170%110s7-day average +0.063% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,056as 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−$1,05510.551% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.006%−$1 on $10k

Price spread, last 3 days (all we have)−0.083%−$8 · spread now +0.170%, 7d avg +0.063%

Together, before fees−0.089%−$9 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.106% dearer against BloFin than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.063%. The two prices were read 110 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	1,631.3	0.0054	pay 0.0054% / 8h	15m 21s	$474K	$278K	20x
Short	KuCoin OPENAIUSDTM	1,634.1	0.0050	get 0.0050% / 8h	15m 21s	$377K	$63K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee KuCoinbpOrdersPrice spread, now +0.170%Rate

Funding earned: −$0.89
Price spread: +0.170% → +0.063%: $10.64
Slippage, 4 orders: −$1,031.15
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,045.4
Costs to cover: 10.551%
Break-even: never at this rate

Slippage from BloFin: live order book, 60 min ago; KuCoin: live order book, 46 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, 60 min ago	0.37 bp	11.8 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 46 min ago	6.67 bp	460.4 bp −$460	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
Coinbase International OPENAI-PERP-INTX	−0.0168%	1h	1,632.3	+0.059%	$236K	$149K	5x	as long as short
QFEX OPENAI-USD	−0.0010%	1h	1,632.2	+0.055%	$1.2M	$387K	10x	as long as short
Lighter OPENAI	0.0000%	1h	1,711.1	+4.891%	$1.4M	$287K	5x	as long as short
Bybit OPENAIUSDT	0.0000%	8h	1,675.4	+2.705%	$771K	$210K	25x	as long as short
OKX OPENAI-USDT-SWAP	0.0000%	8h	1,663.7	+1.987%	$5.1M	$1.4M	20x	as long as short
Gate OPENAI_USDT	0.0000%	8h	1,629.4	−0.114%	$52.7M	$39.6M	50x	as long as short
Bitget OPENAIUSDT	0.0000%	8h	1,633.8	+0.152%	$5.5M	$5.1M	20x	as long as short
SunX OPENAI-USDT	0.0000%	8h	1,632.4	+0.069%	—	$2.6M	10x	as long as short
HTX OPENAI-USDT	0.0000%	8h	1,632.3	+0.060%	$79K	$214K	20x	as long as short
Phemex OPENAIUSDT	0.0000%	8h	1,631.7	+0.027%	$1.6M	$559K	10x	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	1,683.4	+3.193%	$2.6M	$6.3M	5x	as long as short
Extended OPENAI-USD	+0.0048%	1h	1,631.7	+0.024%	$132K	$667K	10x	as long as short
Aster OPENAIUSDT	+0.0050%	8h	1,637.2	+0.365%	$213K	$3K	20x	as long as short
Binance OPENAIUSDT	+0.0050%	8h	1,632.2	+0.054%	$23.2M	$18.8M	20x	as long as short
MEXC OPENAI_USDT	+0.0050%	8h	1,632.3	+0.063%	$13.1M	$3.1M	50x	as long as short
KuCoin OPENAIUSDTMshort	+0.0050%	8h	1,634.1	+0.170%	$377K	$63K	20x
Variational Omni OPENAI	+0.0050%	8h	1,631.7	+0.024%	$2.6M	$751K	—	as long as short
GRVT OPENAI_USDT_Perp	+0.0050%	8h	1,628.9	−0.144%	$2K	$140K	10x	as long as short
BloFin OPENAI-USDTlong	+0.0054%	8h	1,631.3	long leg	$474K	$278K	20x
Aevo OPENAI-PERP	+0.0104%	1h	1,631.6	+0.021%	—	—	10x	as long as short
Entropy io:OAI	+0.0249%	1h	1,673.4	+2.582%	$7.4M	$2.2M	6x	as long as short
Deribit OPENAI_USDC-PERPETUAL	+0.0724%	1h	1,632.9	+0.100%	—	$3	5x	as long as short