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: Phemex against HTX−0.077%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$178as in the Price arb table
costs, in and out, $10k−$1691.687% of the position
Funding, last 7 days+0.188%+$19 on $10k
+Price spread, last 3 days (all we have)+0.131%+$13 · spread now −0.077%, 7d avg +0.015%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.092% cheaper against HTX than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX OPENAI-USDT | 1,629.5 | 0 | get 0.0000% / 8h | 2h 08m | $79K | $212K | 20x |
| Short | Phemex OPENAIUSDT | 1,628.3 | 0 | get 0.0000% / 8h | 2h 08m | $1.6M | $584K | 10x |
HTX OPENAI-USDT
Phemex OPENAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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: −0.077% → +0.015%
- −$9.22
- Slippage, 4 orders
- −$144.71
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$177.93
- Costs to cover
- 1.687%
- Break-even
- never at this rate
Slippage from HTX: live order book, 13 min ago; Phemex: live order book, 5 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, 13 min ago | 1.63 bp | 19.4 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 5 min ago | 3.93 bp | 58.8 bp −$59 | 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 | 1,698.6 | +4.242% | $1.4M | $315K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,677.4 | +2.938% | $762K | $225K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,661.5 | +1.963% | $5.1M | $1.4M | 20x | as long as short |
| QFEX OPENAI-USD | 0.0000% | 1h | 1,628.9 | −0.035% | $1.2M | $359K | 10x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,625.2 | −0.264% | $52.9M | $48.6M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,630.9 | +0.082% | $5.5M | $5.0M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,630.1 | +0.036% | — | $2.6M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,629.7 | +0.014% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDTlong | 0.0000% | 8h | 1,629.5 | long leg | $79K | $212K | 20x | |
| Phemex OPENAIUSDTshort | 0.0000% | 8h | 1,628.3 | −0.077% | $1.6M | $584K | 10x |
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
QFEX OPENAI-USD
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
Deribit OPENAI_USDC-PERPETUALShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH OPENAI | +0.0032% | 1h | 1,665.2 | +2.191% | $2.6M | $6.3M | 5x | as long as short |
| Entropy io:OAI | +0.0041% | 1h | 1,662.3 | +2.012% | $7.3M | $2.2M | 6x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,628.5 | −0.064% | $133K | $656K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,632.7 | +0.194% | $213K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,628.7 | −0.050% | $23.2M | $21.2M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,628.7 | −0.050% | $13.0M | $3.1M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,640.2 | +0.658% | $375K | $65K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,627.4 | −0.127% | $2.6M | $755K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,626.9 | −0.162% | $2K | $154K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0055% | 8h | 1,629.2 | −0.021% | $472K | $295K | 20x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,628.2 | −0.082% | — | — | 10x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.1080% | 1h | 1,635.1 | +0.342% | $238K | $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