Funding you earn now, next payment 06:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.198%
Price spread now: Lighter RH against HTX+3.668%7-day average +4.637% · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$470.466% of the position
Funding, last 7 days+0.256%+$26 on $10k
+Price spread, last 4 days (all we have)+2.268%+$227 · spread now +3.668%, 7d avg +4.637%
=Together, before fees+2.524%+ Points / potential airdropLighter RH: Points live · farm board+$252 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter RH is 0.969% cheaper against HTX than usual: you would sell low and buy high (spread +3.668% now, against its 7-day average of +4.637%). If the spread goes back, that is −$97 on $10k: about 3 months of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.256% in total) that is about 27 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX OPENAI-USDT | 1,614.9 | 0 | get 0.0000% / 8h | 2h 26m | $79K | $222K | 20x |
| Short | Lighter RH OPENAI | 1,674.1 | 0.0032 | get 0.0004% / 1h | 26m 56s | $2.6M | $6.2M | 5x |
HTX OPENAI-USDT
Lighter RH OPENAIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- $6.72
- Price spread: +3.668% → +4.637%
- −$96.93
- Slippage, 4 orders
- −$34.58
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$136.79
- Costs to cover
- 0.466%
- Break-even
- 149.5 days
Slippage from HTX: live order book, 20 min ago; Lighter RH: 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 HTX live order book, 20 min ago | 3.50 bp | 17.9 bp −$18 | 33.0 bp −$330 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 2 min ago | 0.99 bp | 4.2 bp −$4 | 114.4 bp −$1,144 | 552.7 bp −$55.3K | 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 | 1,614.4 | −0.031% | $1.2M | $604K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,707.2 | +5.716% | $1.4M | $264K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,657.3 | +2.626% | $753K | $204K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,642.4 | +1.703% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,611.8 | −0.195% | $52.2M | $19.7M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,616.8 | +0.118% | $5.4M | $5.0M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,616.2 | +0.081% | — | $2.4M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,614.4 | −0.032% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDTlong | 0.0000% | 8h | 1,614.9 | long leg | $79K | $222K | 20x | |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,615 | +0.008% | $1.6M | $522K | 10x | as long as short |
QFEX OPENAI-USD
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
Deribit OPENAI_USDC-PERPETUAL
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 | 1,620.9 | +0.373% | $226K | $161K | 5x | as long as short |
| BloFin OPENAI-USDT | +0.0025% | 8h | 1,615.5 | +0.037% | $472K | $287K | 20x | as long as short |
| Lighter RH OPENAIshort | +0.0032% | 1h | 1,674.1 | +3.668% | $2.6M | $6.2M | 5x | |
| Extended OPENAI-USD | +0.0048% | 1h | 1,614.2 | −0.043% | $142K | $895K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,618.8 | +0.240% | $211K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,614.7 | −0.015% | $22.8M | $17.3M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,615.2 | +0.015% | $13.0M | $3.1M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,618.7 | +0.238% | $373K | $69K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,614.7 | −0.012% | $2.6M | $757K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,614.7 | −0.015% | $2K | $168K | 10x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,614.8 | −0.007% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0117% | 1h | 1,665.1 | +3.109% | $7.6M | $2.3M | 6x | as long as short |
Coinbase International OPENAI-PERP-INTX
BloFin OPENAI-USDT
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