Funding you earn now, next payment 11:00 UTC−0.0145%/8h= −15.8% APRnext payment −$0.18 per $10,000 · paid last 24h −0.046%
Price spread now: Lighter RH against Entropy+0.707%7-day average +0.473% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.515%−$52 on $10k
+Price spread, last 7 days−0.237%−$24 · spread now +0.707%, 7d avg +0.473%
=Together, before fees−0.752%+ Points / potential airdropLighter RH: Points live · farm board−$75 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter RH is 0.233% dearer against Entropy than usual: you sell high and buy low (spread +0.707% now, against its 7-day average of +0.473%): +$23 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 5.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Entropy io:OAI | 1,677.9 | 0.0177 | pay 0.0022% / 1h | 7m 31s | $7.8M | $2.5M | 6x |
| Short | Lighter RH OPENAI | 1,689.8 | 0.0032 | get 0.0004% / 1h | 7m 31s | $2.8M | $6.4M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- −$30.37
- Price spread: +0.707% → +0.473%
- $23.34
- Slippage, 4 orders
- no order book: not counted
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$25.02
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: Entropy: live order book, 2 min ago; Lighter RH: live order book, 4 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, 2 min ago | 0.89 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 4 min ago | 1.07 bp | 8.3 bp −$8 | 112.6 bp −$1,126 | 590.0 bp −$59.0K | doesn't fit |
OPENAI on 22 exchanges
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 | −0.0003% | 1h | 1,642.4 | −2.118% | $1.2M | $682K | 10x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,677.7 | −0.010% | $719K | $288K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,665.4 | −0.745% | $5.1M | $1.2M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,640 | −2.261% | $50.0M | $16.8M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,643.4 | −2.058% | $5.5M | $3.5M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,641.1 | −2.193% | — | $1.6M | 10x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,643.2 | −2.070% | $80K | $174K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,642.6 | −2.103% | $1.6M | $507K | 10x | as long as short |
| Lighter OPENAI | +0.0008% | 1h | 1,723.5 | +2.715% | $1.4M | $277K | 5x | as long as short |
| BloFin OPENAI-USDT | +0.0024% | 8h | 1,640.4 | −2.234% | $488K | $324K | 20x | as long as short |
Show all 22 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH OPENAIshort | +0.0032% | 1h | 1,689.8 | +0.707% | $2.8M | $6.4M | 5x | |
| Extended OPENAI-USD | +0.0048% | 1h | 1,641.7 | −2.155% | $142K | $810K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,645.2 | −1.950% | $214K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,642.5 | −2.108% | $23.2M | $17.7M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,641.5 | −2.171% | $6.7M | $2.5M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,648.1 | −1.779% | $383K | $271K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,637.2 | −2.424% | $2.6M | $769K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,637.9 | −2.383% | $2K | $170K | 10x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,641.6 | −2.161% | — | — | 10x | as long as short |
| Entropy io:OAIlong | +0.0177% | 1h | 1,677.9 | long leg | $7.8M | $2.5M | 6x | |
| Coinbase International OPENAI-PERP-INTX | +0.0712% | 1h | 1,645.3 | −1.941% | $232K | $176K | 5x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | +0.1050% | 1h | 1,642.1 | −2.134% | $3K | $3K | 5x | as long as short |
Lighter RH OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
HTX OPENAI-USDT
Phemex OPENAIUSDT
Lighter OPENAI
BloFin OPENAI-USDT
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
Coinbase International OPENAI-PERP-INTX
Deribit OPENAI_USDC-PERPETUAL