Funding you earn now, next payment 06:00 UTC−0.0053%/8h= −5.8% APRnext payment −$0.07 per $10,000 · paid last 24h −0.015%
Price spread now: QFEX against Extended+0.013%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$880.878% of the position
Funding, last 4 days (all we have)−0.057%−$6 on $10k
+Price spread, last 4 days (all we have)+0.023%+$2 · spread now +0.013%, 7d avg +0.026%
=Together, before fees−0.034%+ Points / potential airdropExtended: Active · farm board−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.026%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended OPENAI-USD | 1,614.2 | 0.0048 | pay 0.0006% / 1h | 31m 20s | $142K | $895K | 10x |
| Short | QFEX OPENAI-USD | 1,614.4 | −0.0005 | pay 0.0001% / 1h | 31m 20s | $1.2M | $603K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$11.09
- Price spread: +0.013% → +0.026%
- −$1.32
- Slippage, 4 orders
- −$72.76
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$100.17
- Costs to cover
- 0.878%
- Break-even
- never at this rate
Slippage from Extended: live order book, 17 min ago; QFEX: live order book, 5 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, 17 min ago | 4.03 bp | 34.8 bp −$35 | 249.7 bp −$2,497 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 5 min ago | 2.17 bp | 10.5 bp −$11 | 21.8 bp −$218 | 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-USDshort | −0.0005% | 1h | 1,614.4 | +0.013% | $1.2M | $603K | 10x | |
| Lighter OPENAI | 0.0000% | 1h | 1,707.1 | +5.756% | $1.4M | $264K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,657.3 | +2.672% | $753K | $204K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,641.5 | +1.691% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,611.5 | −0.167% | $52.2M | $19.7M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,616.6 | +0.146% | $5.4M | $5.0M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,617 | +0.173% | — | $2.4M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,615.3 | +0.065% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,615.1 | +0.054% | $79K | $221K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,614.6 | +0.025% | $1.6M | $524K | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International OPENAI-PERP-INTX | +0.0016% | 1h | 1,617.9 | +0.226% | $225K | $161K | 5x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,674.5 | +3.735% | $2.6M | $6.1M | 5x | as long as short |
| Extended OPENAI-USDlong | +0.0048% | 1h | 1,614.2 | long leg | $142K | $895K | 10x | |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,617.8 | +0.225% | $211K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,614.6 | +0.027% | $22.8M | $17.3M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,614.8 | +0.039% | $13.0M | $3.1M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,619.4 | +0.321% | $373K | $69K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,615 | +0.049% | $2.6M | $757K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,614.5 | +0.021% | $2K | $167K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0074% | 8h | 1,615.8 | +0.101% | $475K | $287K | 20x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,614.4 | +0.014% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0115% | 1h | 1,665.1 | +3.153% | $7.6M | $2.3M | 6x | as long as short |
Extended 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 OPENAIUSDT
Coinbase International OPENAI-PERP-INTX
Lighter RH OPENAI
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
BloFin OPENAI-USDT