Funding you earn now, next payment 05:00 UTC−0.0096%/8h= −10.6% APRpaid last 24h −0.051%
Price spread now: Aster against Entropy−2.767%52s7-day average −4.316% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.498%−$50 on $10k
+Price spread, last 4 days (all we have)−2.817%−$282 · spread now −2.767%, 7d avg −4.316%
=Together, before fees−3.315%+ Points / potential airdropAster: Stage 5 · farm board−$331 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 1.548% dearer against Entropy than usual: you sell high and buy low (spread −2.767% now, against its 7-day average of −4.316%): +$155 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 54 days. At the pace of the last 7 days (−0.498% in total) that is about 22 days. The two prices were read 52 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 | Entropy io:OAI | 1,674.4 | 0.0146 | pay 0.0018% / 1h | 57m 49s | $7.7M | $2.3M | 6x |
| Short | Aster OPENAIUSDT | 1,628.1 | 0.0050 | get 0.0050% / 8h | 3h 57m | $212K | $3K | 20x |
Entropy io:OAI
Aster OPENAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Entropy. 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
- −$20.25
- Price spread: −2.767% → −4.316%
- $154.82
- Slippage, 4 orders
- no order book: not counted
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $108.57
- Costs to cover
- 0.260%
- Break-even
- from the start
Slippage unknown: Entropy: live order book, 9 min ago; Aster: live order book, 59 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 Entropy live order book, 9 min ago | 1.20 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 59 min ago | 46.17 bp | 91.1 bp −$91 | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX OPENAI-USD | −0.0001% | 1h | 1,621.6 | −3.152% | $1.2M | $554K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,712.6 | +2.279% | $1.4M | $265K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,663 | −0.681% | $755K | $207K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,652.3 | −1.320% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,619.1 | −3.301% | $52.4M | $25.3M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,623.6 | −3.034% | $5.5M | $5.0M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,623.5 | −3.040% | — | $2.4M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,622.1 | −3.125% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,622.7 | −3.086% | $79K | $220K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,621.3 | −3.170% | $1.6M | $544K | 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 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH OPENAI | +0.0032% | 1h | 1,680 | +0.336% | $2.7M | $6.1M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,621 | −3.188% | $141K | $737K | 10x | as long as short |
| Aster OPENAIUSDTshort | +0.0050% | 8h | 1,628.1 | −2.767% | $212K | $3K | 20x | |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,621.5 | −3.161% | $22.9M | $17.9M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,621.3 | −3.169% | $13.0M | $3.2M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,625.3 | −2.931% | $375K | $68K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,622.4 | −3.104% | $2.6M | $766K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,622.3 | −3.114% | $2K | $153K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0056% | 8h | 1,621.4 | −3.164% | $474K | $286K | 20x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0056% | 1h | 1,626 | −2.890% | $227K | $161K | 5x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,621.6 | −3.155% | — | — | 10x | as long as short |
| Entropy io:OAIlong | +0.0146% | 1h | 1,674.4 | long leg | $7.7M | $2.3M | 6x |
Lighter RH OPENAI
Extended OPENAI-USD
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
BloFin OPENAI-USDT
Coinbase International OPENAI-PERP-INTX
Aevo OPENAI-PERP