Funding you earn now, next payment 04:00 UTC−0.0107%/8h= −11.8% APRnext payment −$0.13 per $10,000 · paid last 24h −0.052%
Price spread now: Extended against Entropy−2.738%7-day average −4.480% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.502%−$50 on $10k
+Price spread, last 4 days (all we have)−2.893%−$289 · spread now −2.738%, 7d avg −4.480%
=Together, before fees−3.396%+ Points / potential airdropExtended: Active · farm board−$340 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 1.741% dearer against Entropy than usual: you sell high and buy low (spread −2.738% now, against its 7-day average of −4.480%): +$174 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 (−0.502% in total) that is about 24 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Entropy io:OAI | 1,667.8 | 0.0155 | pay 0.0019% / 1h | 42m 21s | $7.6M | $2.3M | 6x |
| Short | Extended OPENAI-USD | 1,622.1 | 0.0048 | get 0.0006% / 1h | 42m 21s | $144K | $736K | 10x |
Entropy io:OAI
Extended OPENAI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$22.54
- Price spread: −2.738% → −4.480%
- $174.14
- Slippage, 4 orders
- no order book: not counted
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $128.6
- Costs to cover
- 0.230%
- Break-even
- from the start
Slippage unknown: Entropy: live order book, 5 min ago; Extended: live order book, 16 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, 5 min ago | 2.69 bp | 28.6 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 16 min ago | 4.94 bp | 32.1 bp −$32 | 252.9 bp −$2,529 | 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 | −0.0024% | 1h | 1,623.9 | −2.635% | $226K | $159K | 5x | as long as short |
| QFEX OPENAI-USD | −0.0004% | 1h | 1,622.7 | −2.705% | $1.2M | $533K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,709.1 | +2.476% | $1.4M | $265K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,662.1 | −0.342% | $758K | $206K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,652.1 | −0.941% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,619.6 | −2.889% | $52.4M | $28.1M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,624.1 | −2.619% | $5.5M | $5.0M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,624.5 | −2.596% | — | $2.4M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,621.3 | −2.786% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,622.8 | −2.698% | $79K | $217K | 20x | as long as short |
Coinbase International OPENAI-PERP-INTX
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-USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,622.9 | −2.690% | $1.6M | $545K | 10x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,676.4 | +0.518% | $2.7M | $6.2M | 5x | as long as short |
| BloFin OPENAI-USDT | +0.0038% | 8h | 1,621 | −2.809% | $475K | $279K | 20x | as long as short |
| Extended OPENAI-USDshort | +0.0048% | 1h | 1,622.1 | −2.738% | $144K | $736K | 10x | |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,630.8 | −2.217% | $213K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,622.8 | −2.701% | $22.9M | $17.9M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,623 | −2.689% | $13.0M | $3.2M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,625.7 | −2.524% | $375K | $69K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,621.7 | −2.765% | $2.6M | $763K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,620.8 | −2.821% | $3K | $146K | 10x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,621.9 | −2.752% | — | — | 10x | as long as short |
| Entropy io:OAIlong | +0.0155% | 1h | 1,667.8 | long leg | $7.6M | $2.3M | 6x |
Phemex OPENAIUSDT
Lighter RH OPENAI
BloFin OPENAI-USDT
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
Aevo OPENAI-PERP