Funding you earn now, next payment 22:00 UTC−0.0048%/8h= −5.3% APRpaid last 24h −0.014%
Price spread now: Bitget against Extended−0.086%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1391.390% of the position
Funding, last 7 days−0.101%−$10 on $10k
+Price spread, last 4 days (all we have)+0.057%+$6 · spread now −0.086%, 7d avg +0.003%
=Together, before fees−0.044%+ Points / potential airdropExtended: Active · farm board−$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.089% cheaper against Extended than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.003%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended OPENAI-USD | 1,637.8 | 0.0048 | pay 0.0006% / 1h | 26m 26s | $134K | $656K | 10x |
| Short | Bitget OPENAIUSDT | 1,636.4 | 0 | get 0.0000% / 8h | 2h 26m | $5.5M | $5.0M | 20x |
Extended OPENAI-USD
Bitget OPENAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Extended. 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
- −$10.08
- Price spread: −0.086% → +0.003%
- −$8.88
- Slippage, 4 orders
- −$122.03
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$157.99
- Costs to cover
- 1.390%
- Break-even
- never at this rate
Slippage from Extended: live order book, 61 min ago; Bitget: live order book, 2 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 Extended live order book, 61 min ago | 4.90 bp | 42.7 bp −$43 | 274.7 bp −$2,747 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 2.90 bp | 40.5 bp −$41 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter OPENAI | 0.0000% | 1h | 1,707.9 | +4.280% | $1.4M | $313K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,679.5 | +2.542% | $758K | $222K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,665.6 | +1.695% | $5.1M | $1.4M | 20x | as long as short |
| QFEX OPENAI-USD | 0.0000% | 1h | 1,636.1 | −0.107% | $1.2M | $360K | 10x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,633.3 | −0.279% | $53.1M | $48.5M | 50x | as long as short |
| Bitget OPENAIUSDTshort | 0.0000% | 8h | 1,636.4 | −0.086% | $5.5M | $5.0M | 20x | |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,638.4 | +0.034% | — | $2.6M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,638.5 | +0.039% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,639.4 | +0.093% | $79K | $210K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,636.5 | −0.081% | $1.6M | $581K | 10x | as long as short |
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
QFEX OPENAI-USD
Gate OPENAI_USDT
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 | 1,670 | +1.962% | $2.6M | $6.1M | 5x | as long as short |
| BloFin OPENAI-USDT | +0.0032% | 8h | 1,638.6 | +0.046% | $476K | $292K | 20x | as long as short |
| Extended OPENAI-USDlong | +0.0048% | 1h | 1,637.8 | long leg | $134K | $656K | 10x | |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,638.1 | +0.016% | $213K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,635.3 | −0.156% | $23.3M | $21.1M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,635.8 | −0.127% | $13.0M | $3.1M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,640.7 | +0.176% | $374K | $66K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,639.5 | +0.098% | $2.7M | $657K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,636.7 | −0.069% | $2K | $154K | 10x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,637.8 | −0.001% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0125% | 1h | 1,670.3 | +1.982% | $7.3M | $2.2M | 6x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.1080% | 1h | 1,643 | +0.314% | $239K | $107K | 5x | as long as short |
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
Entropy io:OAI
Coinbase International OPENAI-PERP-INTX