Funding you earn now, next payment 08:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.23 per $10,000 · paid last 24h +0.012%
Price spread now: BloFin against Gate+0.153%7-day average +0.192% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.107%+$11 on $10k
+Price spread, last 4 days (all we have)+0.020%+$2 · spread now +0.153%, 7d avg +0.192%
=Funding pays, the price is against you. BloFin is 0.039% cheaper against Gate than usual: you would sell low and buy high (spread +0.153% now, against its 7-day average of +0.192%). If the spread goes back, that is −$4 on $10k: about 5.8 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.107% in total) that is about 2.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate OPENAI_USDT | 1,611.9 | 0 | get 0.0000% / 8h | 2h 52m | $52.2M | $19.6M | 50x |
| Short | BloFin OPENAI-USDT | 1,614.3 | 0.0023 | get 0.0023% / 8h | 2h 52m | $473K | $286K | 20x |
Gate OPENAI_USDT
BloFin OPENAI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $4.73
- Price spread: +0.153% → +0.192%
- −$3.89
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$26.16
- Costs to cover
- 0.270%
- Break-even
- 45.7 days
Slippage unknown: Gate: live order book, 1 min ago; BloFin: live order book, 38 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 Gate live order book, 1 min ago | 3.26 bp | 17.1 bp −$17 | 366.9 bp −$3,669 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 38 min ago | 1.05 bp | doesn't fit | 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 | 1,614.1 | +0.135% | $1.2M | $595K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,706.2 | +5.855% | $1.4M | $260K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,658.5 | +2.893% | $753K | $205K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,646.5 | +2.148% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDTlong | 0.0000% | 8h | 1,611.9 | long leg | $52.2M | $19.6M | 50x | |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,616.9 | +0.310% | $5.4M | $5.0M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,616.7 | +0.300% | — | $2.4M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,614.6 | +0.171% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,614.5 | +0.163% | $79K | $221K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,613.9 | +0.128% | $1.6M | $530K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International OPENAI-PERP-INTX | +0.0016% | 1h | 1,615.4 | +0.219% | $225K | $160K | 5x | as long as short |
| BloFin OPENAI-USDTshort | +0.0023% | 8h | 1,614.3 | +0.153% | $473K | $286K | 20x | |
| Lighter RH OPENAI | +0.0032% | 1h | 1,673.7 | +3.836% | $2.6M | $6.1M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,613.7 | +0.114% | $142K | $895K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,617 | +0.317% | $211K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,614.1 | +0.140% | $22.8M | $17.4M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,615.2 | +0.204% | $13.0M | $3.1M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,620 | +0.505% | $373K | $69K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,614.4 | +0.157% | $2.6M | $766K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,614.8 | +0.179% | $2K | $162K | 10x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,613.8 | +0.120% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0148% | 1h | 1,666.4 | +3.383% | $7.6M | $2.3M | 6x | as long as short |
Coinbase International OPENAI-PERP-INTX
Lighter RH OPENAI
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
Aevo OPENAI-PERP
Entropy io:OAI