Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h +0.203%
Price spread now: KuCoin against HTX+0.114%7-day average +0.095% · you sell dearer than you buy
Net, funding: paid 7d − costs−$3,496as in the Funding arb table
Net, price: spread back to 7d avg − costs−$3,523as in the Price arb table
costs, in and out, $10k−$3,52535.253% of the position
Funding, last 7 days+0.293%+$29 on $10k
+Price spread, last 4 days (all we have)+0.177%+$18 · spread now +0.114%, 7d avg +0.095%
=The price spread sits at its 7-day average of +0.095%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX OPENAI-USDT | 1,621.2 | 0 | get 0.0000% / 8h | 3h 20m | $79K | $221K | 20x |
| Short | KuCoin OPENAIUSDTM | 1,623.1 | 0.0050 | get 0.0050% / 8h | 3h 20m | $375K | $68K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $10.5
- Price spread: +0.114% → +0.095%
- $1.87
- Slippage, 4 orders
- −$3,501.3
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$3,512.93
- Costs to cover
- 35.253%
- Break-even
- 2349.0 days
Slippage from HTX: live order book, 31 min ago; KuCoin: live order book, 52 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, 31 min ago | 0.03 bp | 9.6 bp −$10 | 33.6 bp −$336 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 52 min ago | 7.75 bp | 2916.8 bp −$2,917 | 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 | −0.0001% | 1h | 1,620.4 | −0.051% | $1.2M | $574K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,710.5 | +5.508% | $1.4M | $265K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,663.4 | +2.599% | $755K | $206K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,650.9 | +1.829% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,617.2 | −0.252% | $52.4M | $25.4M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,622.4 | +0.070% | $5.5M | $4.9M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,622.8 | +0.096% | — | $2.4M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,621.4 | +0.007% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDTlong | 0.0000% | 8h | 1,621.2 | long leg | $79K | $221K | 20x | |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,620.7 | −0.031% | $1.6M | $535K | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin OPENAI-USDT | +0.0023% | 8h | 1,620.8 | −0.027% | $473K | $287K | 20x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,678.6 | +3.539% | $2.7M | $6.2M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,620.2 | −0.063% | $143K | $737K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,624.1 | +0.178% | $212K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,620.6 | −0.042% | $22.8M | $17.6M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,620.6 | −0.039% | $13.0M | $3.2M | 50x | as long as short |
| KuCoin OPENAIUSDTMshort | +0.0050% | 8h | 1,623.1 | +0.114% | $375K | $68K | 20x | |
| Variational Omni OPENAI | +0.0050% | 8h | 1,620.4 | −0.050% | $2.6M | $766K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,620.6 | −0.038% | $2K | $159K | 10x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0056% | 1h | 1,623.9 | +0.163% | $226K | $161K | 5x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,620.4 | −0.052% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0109% | 1h | 1,670.6 | +3.045% | $7.6M | $2.3M | 6x | as long as short |
HTX OPENAI-USDT
KuCoin OPENAIUSDTM
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
Deribit OPENAI_USDC-PERPETUAL
Phemex OPENAIUSDT
BloFin OPENAI-USDT
Lighter RH OPENAI
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
Coinbase International OPENAI-PERP-INTX