Funding you earn now, next payment 08:00 UTC+0.0059%/8h= +6.5% APRnext payment +$0.59 per $10,000 · paid last 24h +0.017%
Price spread now: BloFin against Bybit−2.306%252s7-day average −2.935% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.115%+$11 on $10k
+Price spread, last 3 days (all we have)−0.580%−$58 · spread now −2.306%, 7d avg −2.935%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.629% dearer against Bybit than usual: you sell high and buy low: +$63 more if the spread goes back to its 7-day average of −2.935%. The two prices were read 252 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 | Bybit OPENAIUSDT | 1,667.7 | 0 | get 0.0000% / 8h | 6h 45m | $765K | $205K | 25x |
| Short | BloFin OPENAI-USDT | 1,629.3 | 0.0059 | get 0.0059% / 8h | 6h 45m | $477K | $280K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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
- $12.4
- Price spread: −2.306% → −2.935%
- $62.92
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $52.32
- Costs to cover
- 0.230%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, 20 min ago; BloFin: live order book, 21 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 Bybit live order book, 20 min ago | 22.53 bp | 68.3 bp −$68 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 21 min ago | 0.28 bp | 12.4 bp −$12 | 15.8 bp −$158 | 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 | −0.0033% | 1h | 1,624.3 | −2.602% | — | $3 | 5x | as long as short |
| QFEX OPENAI-USD | −0.0004% | 1h | 1,624.4 | −2.597% | $1.2M | $418K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,710.6 | +2.569% | $1.4M | $280K | 5x | as long as short |
| Bybit OPENAIUSDTlong | 0.0000% | 8h | 1,667.7 | long leg | $765K | $205K | 25x | |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,653.1 | −0.876% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,621.5 | −2.768% | $52.5M | $31.7M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,625.8 | −2.513% | $5.5M | $5.1M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,625.4 | −2.537% | — | $2.5M | 10x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,625.3 | −2.543% | $79K | $216K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,624.5 | −2.590% | $1.6M | $562K | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International OPENAI-PERP-INTX | +0.0024% | 1h | 1,625.3 | −2.542% | $222K | $154K | 5x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,678.4 | +0.638% | $2.7M | $6.1M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,624 | −2.620% | $136K | $717K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,629.6 | −2.282% | $212K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,624.3 | −2.603% | $23.0M | $19.0M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,624.8 | −2.573% | $13.1M | $3.2M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,632.1 | −2.138% | $380K | $67K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,623.8 | −2.632% | $2.6M | $761K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,627.4 | −2.420% | $2K | $137K | 10x | as long as short |
| BloFin OPENAI-USDTshort | +0.0059% | 8h | 1,629.3 | −2.306% | $477K | $280K | 20x | |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,623.2 | −2.670% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0129% | 1h | 1,672.7 | +0.299% | $7.4M | $2.2M | 6x | as long as short |
Bybit OPENAIUSDT
BloFin OPENAI-USDT
Deribit OPENAI_USDC-PERPETUAL
Lighter OPENAI
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
HTX OPENAI-USDT
Phemex OPENAIUSDT
Coinbase International OPENAI-PERP-INTX
Lighter RH OPENAI
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp