Funding you earn now, next payment 00:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h +0.015%
Price spread now: Aster against Gate+0.642%7-day average +0.296% · you sell dearer than you buy
Net, funding: paid 7d − costs−$429as in the Funding arb table
Net, price: spread back to 7d avg − costs−$405as in the Price arb table
costs, in and out, $10k−$4394.394% of the position
Funding, last 7 days+0.105%+$11 on $10k
+Price spread, last 4 days (all we have)−0.552%−$55 · spread now +0.642%, 7d avg +0.296%
=Together, before fees−0.447%+ Points / potential airdropAster: Stage 5 · farm board−$45 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aster is 0.346% dearer against Gate than usual: you sell high and buy low: +$35 more if the spread goes back to its 7-day average of +0.296%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate OPENAI_USDT | 1,622.4 | 0 | get 0.0000% / 8h | 1h 42m | $52.8M | $40.6M | 50x |
| Short | Aster OPENAIUSDT | 1,632.9 | 0.0050 | get 0.0050% / 8h | 1h 42m | $213K | $3K | 20x |
Gate OPENAI_USDT
Aster OPENAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Gate. 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
- $10.5
- Price spread: +0.642% → +0.296%
- $34.59
- Slippage, 4 orders
- −$416.37
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$394.28
- Costs to cover
- 4.394%
- Break-even
- 269.9 days
Slippage from Gate: live order book, 1 min ago; Aster: live order book, 39 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 Gate live order book, 1 min ago | 3.70 bp | 13.1 bp −$13 | 232.9 bp −$2,329 | doesn't fit | doesn't fit |
| Sell Aster live order book, 39 min ago | 35.36 bp | 78.2 bp −$78 | 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 | −0.0005% | 1h | 1,624.7 | +0.137% | $1.2M | $373K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,696.4 | +4.561% | $1.4M | $289K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,671.6 | +3.029% | $760K | $225K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,657.1 | +2.136% | $5.1M | $1.4M | 20x | as long as short |
| Gate OPENAI_USDTlong | 0.0000% | 8h | 1,622.4 | long leg | $52.8M | $40.6M | 50x | |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,627.4 | +0.303% | $5.5M | $5.1M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,626.7 | +0.263% | — | $2.6M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,626.4 | +0.246% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,625.8 | +0.208% | $79K | $213K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,626 | +0.221% | $1.6M | $581K | 10x | as long as short |
QFEX OPENAI-USD
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin OPENAI-USDT | +0.0027% | 8h | 1,625.4 | +0.179% | $473K | $295K | 20x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,666.1 | +2.688% | $2.6M | $6.2M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,625.6 | +0.195% | $132K | $670K | 10x | as long as short |
| Aster OPENAIUSDTshort | +0.0050% | 8h | 1,632.9 | +0.642% | $213K | $3K | 20x | |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,625.5 | +0.189% | $23.1M | $21.0M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,625.7 | +0.200% | $12.9M | $3.1M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,636.1 | +0.843% | $377K | $64K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,625.5 | +0.190% | $2.6M | $757K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,626 | +0.220% | $2K | $152K | 10x | as long as short |
| Entropy io:OAI | +0.0079% | 1h | 1,661.7 | +2.420% | $7.3M | $2.2M | 6x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,625.6 | +0.198% | — | — | 10x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0456% | 1h | 1,629.1 | +0.410% | $237K | $107K | 5x | as long as short |
BloFin OPENAI-USDT
Lighter RH OPENAI
Extended OPENAI-USD
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
Entropy io:OAI
Aevo OPENAI-PERP
Coinbase International OPENAI-PERP-INTX