Funding you earn now, next payment 22:00 UTC−0.0406%/8h= −44.5% APRpaid last 24h −0.257%
Price spread now: Aster against Coinbase International+0.108%54s7-day average −0.349% · you sell dearer than you buy
Net, funding: paid 7d − costs−$555as 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−$4894.895% of the position
Funding, last 7 days−0.654%−$65 on $10k
+Price spread, last 3 days (all we have)−1.114%−$111 · spread now +0.108%, 7d avg −0.349%
=Together, before fees−1.768%+ Points / potential airdropAster: Stage 5 · farm board−$177 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.457% dearer against Coinbase International than usual: you sell high and buy low (spread +0.108% now, against its 7-day average of −0.349%): +$46 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 3.8 days. The two prices were read 54 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 | Coinbase International OPENAI-PERP-INTX | 1,625.8 | 0.0456 | pay 0.0057% / 1h | 33m 29s | $237K | $108K | 5x |
| Short | Aster OPENAIUSDT | 1,627.5 | 0.0050 | get 0.0050% / 8h | 1h 33m | $212K | $3K | 20x |
Coinbase International OPENAI-PERP-INTX
Aster OPENAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Coinbase International. 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
- −$85.26
- Price spread: +0.108% → −0.349%
- $45.7
- Slippage, 4 orders
- −$471.46
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$529.03
- Costs to cover
- 4.895%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 49 min ago; Aster: live order book, 48 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 Coinbase International live order book, 49 min ago | 25.21 bp | 41.6 bp −$42 | 66.9 bp −$669 | doesn't fit | doesn't fit |
| Sell Aster live order book, 48 min ago | 35.36 bp | 78.2 bp −$78 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit OPENAI_USDC-PERPETUAL | −0.0281% | 1h | 1,621.3 | −0.271% | — | $3 | 5x | as long as short |
| QFEX OPENAI-USD | −0.0005% | 1h | 1,620 | −0.352% | $1.2M | $384K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,695 | +4.262% | $1.4M | $290K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,669.7 | +2.705% | $760K | $225K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,652.9 | +1.670% | $5.1M | $1.4M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,617.2 | −0.523% | $52.6M | $40.7M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,622.3 | −0.211% | $5.5M | $5.1M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,623.6 | −0.132% | — | $2.6M | 10x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,623.1 | −0.164% | $79K | $213K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,620.2 | −0.343% | $1.6M | $579K | 10x | as long as short |
Deribit OPENAI_USDC-PERPETUAL
QFEX OPENAI-USD
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
HTX OPENAI-USDT
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 | 1,665.3 | +2.433% | $2.6M | $6.3M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,619.7 | −0.370% | $131K | $670K | 10x | as long as short |
| Aster OPENAIUSDTshort | +0.0050% | 8h | 1,627.5 | +0.108% | $212K | $3K | 20x | |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,619.9 | −0.358% | $23.0M | $20.7M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,620 | −0.352% | $12.9M | $3.1M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,636.1 | +0.638% | $377K | $64K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,622.2 | −0.218% | $2.6M | $757K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,621.8 | −0.240% | $2K | $152K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0060% | 8h | 1,621.2 | −0.280% | $471K | $295K | 20x | as long as short |
| Entropy io:OAI | +0.0092% | 1h | 1,661.7 | +2.211% | $7.3M | $2.2M | 6x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,620.5 | −0.324% | — | — | 10x | as long as short |
| Coinbase International OPENAI-PERP-INTXlong | +0.0456% | 1h | 1,625.8 | long leg | $237K | $108K | 5x |
Lighter RH OPENAI
Extended OPENAI-USD
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
BloFin OPENAI-USDT
Entropy io:OAI
Aevo OPENAI-PERP