Funding you earn now, next payment 09:00 UTC+0.0269%/8h= +29.4% APRpaid last 24h +0.247%
Price spread now: Entropy against HTX+2.750%7-day average +4.307% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.776%+$78 on $10k
+Price spread, last 4 days (all we have)+2.444%+$244 · spread now +2.750%, 7d avg +4.307%
=Funding pays, the price is against you. Entropy is 1.557% cheaper against HTX than usual: you would sell low and buy high (spread +2.750% now, against its 7-day average of +4.307%). If the spread goes back, that is −$156 on $10k: about 19 days of funding at the current rate (+$8 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX OPENAI-USDT | 1,624.1 | 0 | get 0.0000% / 8h | 7h 47m | $79K | $225K | 20x |
| Short | Entropy io:OAI | 1,668.8 | 0.0269 | get 0.0034% / 1h | 47m 15s | $7.6M | $2.3M | 6x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy 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
- $56.48
- Price spread: +2.750% → +4.307%
- −$155.74
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$129.27
- Costs to cover
- 0.300%
- Break-even
- 23.0 days
Slippage unknown: HTX: live order book, 49 min ago; Entropy: live order book, 10 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 HTX live order book, 49 min ago | 3.37 bp | 14.1 bp −$14 | 40.7 bp −$407 | doesn't fit | doesn't fit |
| Sell Entropy live order book, 10 min ago | 1.50 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 | −0.0004% | 1h | 1,623.7 | −0.030% | $1.2M | $629K | 10x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,660.5 | +2.241% | $727K | $274K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,651 | +1.654% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,621.1 | −0.185% | $45.8M | $9.5M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,624.3 | +0.009% | $5.4M | $3.9M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,624 | −0.009% | — | $2.3M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,623.8 | −0.022% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDTlong | 0.0000% | 8h | 1,624.1 | long leg | $79K | $225K | 20x | |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,623.5 | −0.042% | $1.6M | $499K | 10x | as long as short |
| Lighter OPENAI | +0.0008% | 1h | 1,711.9 | +5.403% | $1.4M | $273K | 5x | 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 | 1,679.8 | +3.425% | $2.7M | $6.1M | 5x | as long as short |
| BloFin OPENAI-USDT | +0.0046% | 8h | 1,623.1 | −0.063% | $474K | $296K | 20x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,623.3 | −0.052% | $141K | $804K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,626.2 | +0.124% | $212K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,623.7 | −0.026% | $22.9M | $16.4M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,625.5 | +0.084% | $6.6M | $2.4M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,623.9 | −0.015% | $374K | $92K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,624.4 | +0.016% | $2.6M | $760K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,624 | −0.008% | $2K | $176K | 10x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,623.5 | −0.041% | — | — | 10x | as long as short |
| Entropy io:OAIshort | +0.0269% | 1h | 1,668.8 | +2.750% | $7.6M | $2.3M | 6x | |
| Coinbase International OPENAI-PERP-INTX | +0.0344% | 1h | 1,629 | +0.299% | $236K | $172K | 5x | as long as short |
HTX OPENAI-USDT
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
Deribit OPENAI_USDC-PERPETUAL
Phemex OPENAIUSDT
Lighter OPENAI
Lighter RH OPENAI
BloFin OPENAI-USDT
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
Coinbase International OPENAI-PERP-INTX