Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.188%
Price spread now: Bybit against HTX+2.896%7-day average +2.974% · you sell dearer than you buy
Net, funding: paid 7d − costs−$179as in the Funding arb table
Net, price: spread back to 7d avg − costs−$205as in the Price arb table
costs, in and out, $10k−$1971.974% of the position
Funding, last 7 days+0.188%+$19 on $10k
+Price spread, last 3 days (all we have)−0.004%$0 · spread now +2.896%, 7d avg +2.974%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.077% cheaper against HTX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +2.974%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX OPENAI-USDT | 1,623.1 | 0 | get 0.0000% / 8h | 1h 34m | $79K | $213K | 20x |
| Short | Bybit OPENAIUSDT | 1,670.1 | 0 | get 0.0000% / 8h | 1h 34m | $760K | $225K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against HTX. 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: +2.896% → +2.974%
- −$7.73
- Slippage, 4 orders
- −$174.42
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$205.15
- Costs to cover
- 1.974%
- Break-even
- never at this rate
Slippage from HTX: live order book, 47 min ago; Bybit: live order book, 46 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 HTX live order book, 47 min ago | 1.63 bp | 19.4 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 46 min ago | 18.03 bp | 71.7 bp −$72 | 478.5 bp −$4,785 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit OPENAI_USDC-PERPETUAL | −0.0281% | 1h | 1,621.3 | −0.108% | — | $3 | 5x | as long as short |
| QFEX OPENAI-USD | −0.0005% | 1h | 1,620.7 | −0.146% | $1.2M | $384K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,695.1 | +4.437% | $1.4M | $290K | 5x | as long as short |
| Bybit OPENAIUSDTshort | 0.0000% | 8h | 1,670.1 | +2.896% | $760K | $225K | 25x | |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,652.9 | +1.837% | $5.1M | $1.4M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,617.5 | −0.347% | $52.6M | $40.7M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,622.5 | −0.039% | $5.5M | $5.1M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,623.6 | +0.031% | — | $2.6M | 10x | as long as short |
| HTX OPENAI-USDTlong | 0.0000% | 8h | 1,623.1 | long leg | $79K | $213K | 20x | |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,620.2 | −0.180% | $1.6M | $579K | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH OPENAI | +0.0032% | 1h | 1,665.1 | +2.590% | $2.6M | $6.2M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,619.9 | −0.196% | $131K | $670K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,627.9 | +0.295% | $212K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,620.1 | −0.187% | $23.0M | $20.8M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,620 | −0.190% | $12.9M | $3.1M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,636.1 | +0.803% | $377K | $64K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,622.2 | −0.054% | $2.6M | $757K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,624.6 | +0.091% | $2K | $152K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0060% | 8h | 1,621.2 | −0.116% | $471K | $295K | 20x | as long as short |
| Entropy io:OAI | +0.0094% | 1h | 1,661.8 | +2.385% | $7.3M | $2.2M | 6x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,620.5 | −0.161% | — | — | 10x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0456% | 1h | 1,625.8 | +0.164% | $237K | $108K | 5x | as long as short |
HTX OPENAI-USDT
Bybit OPENAIUSDT
Deribit OPENAI_USDC-PERPETUAL
Lighter OPENAI
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
Phemex OPENAIUSDT
Lighter RH OPENAI
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
BloFin OPENAI-USDT
Coinbase International OPENAI-PERP-INTX