Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Gate+2.226%7-day average +2.188% · you sell dearer than you buy
Net, funding: paid 7d − costs−$268as in the Funding arb table
Net, price: spread back to 7d avg − costs−$265as in the Price arb table
costs, in and out, $10k−$2682.684% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.216%+$22 · spread now +2.226%, 7d avg +2.188%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.038% dearer against Gate than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +2.188%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate OPENAI_USDT | 1,624.4 | 0 | get 0.0000% / 8h | 2h 10m | $52.8M | $48.6M | 50x |
| Short | OKX OPENAI-USDT-SWAP | 1,660.6 | 0 | get 0.0000% / 8h | 2h 10m | $5.1M | $1.4M | 20x |
Gate OPENAI_USDT
OKX OPENAI-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $0
- Price spread: +2.226% → +2.188%
- $3.79
- Slippage, 4 orders
- −$243.42
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$264.64
- Costs to cover
- 2.684%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; OKX: 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 Gate live order book, 3 min ago | 6.03 bp | 117.7 bp −$118 | 757.8 bp −$7,578 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 0.90 bp | 43.3 bp −$43 | 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 | 1,700.4 | +4.674% | $1.4M | $315K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,674.5 | +3.080% | $761K | $225K | 25x | as long as short |
| OKX OPENAI-USDT-SWAPshort | 0.0000% | 8h | 1,660.6 | +2.226% | $5.1M | $1.4M | 20x | |
| QFEX OPENAI-USD | 0.0000% | 1h | 1,627.9 | +0.211% | $1.2M | $361K | 10x | as long as short |
| Gate OPENAI_USDTlong | 0.0000% | 8h | 1,624.4 | long leg | $52.8M | $48.6M | 50x | |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,629.7 | +0.321% | $5.5M | $5.0M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,628.9 | +0.275% | — | $2.6M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,628.1 | +0.224% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,628.9 | +0.276% | $79K | $212K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,627 | +0.160% | $1.6M | $584K | 10x | as long as short |
Lighter OPENAI
Bybit OPENAIUSDT
QFEX OPENAI-USD
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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH OPENAI | +0.0032% | 1h | 1,664.5 | +2.464% | $2.6M | $6.3M | 5x | as long as short |
| Entropy io:OAI | +0.0035% | 1h | 1,662.2 | +2.324% | $7.3M | $2.2M | 6x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,627.8 | +0.209% | $133K | $656K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,632.7 | +0.507% | $213K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,627.9 | +0.216% | $23.2M | $21.2M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,627.4 | +0.180% | $13.0M | $3.1M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,640.2 | +0.973% | $375K | $65K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,624.5 | +0.007% | $2.6M | $755K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,625.7 | +0.078% | $2K | $154K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0065% | 8h | 1,628.4 | +0.246% | $476K | $295K | 20x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,627.7 | +0.199% | — | — | 10x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.1080% | 1h | 1,633.9 | +0.584% | $237K | $106K | 5x | as long as short |
Lighter RH OPENAI
Entropy io:OAI
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
BloFin OPENAI-USDT
Aevo OPENAI-PERP
Coinbase International OPENAI-PERP-INTX