Funding you earn now, next payment 07:00 UTC−0.0002%/8h= −0.2% APRpaid last 24h −0.001%
Price spread now: Extended against KuCoin−0.158%7-day average −0.104% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,071as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,076as in the Price arb table
costs, in and out, $10k−$1,07010.704% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.264%+$26 · spread now −0.158%, 7d avg −0.104%
=Together, before fees+0.260%+ Points / potential airdropExtended: Active · farm board+$26 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.054% cheaper against KuCoin than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.104%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin OPENAIUSDTM | 1,620.5 | 0.0050 | pay 0.0050% / 8h | 1h 28m | $372K | $69K | 20x |
| Short | Extended OPENAI-USD | 1,617.9 | 0.0048 | get 0.0006% / 1h | 28m 37s | $144K | $581K | 10x |
KuCoin OPENAIUSDTM
Extended OPENAI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against KuCoin. 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
- −$0.42
- Price spread: −0.158% → −0.104%
- −$5.43
- Slippage, 4 orders
- −$1,053.37
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$1,076.22
- Costs to cover
- 10.704%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 14 min ago; Extended: live order book, 14 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 KuCoin live order book, 14 min ago | 6.95 bp | 588.7 bp −$589 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 14 min ago | 3.71 bp | 38.9 bp −$39 | 285.6 bp −$2,856 | 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 | −0.0002% | 1h | 1,618 | −0.152% | $1.2M | $608K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,713 | +5.711% | $1.4M | $264K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,658.9 | +2.374% | $752K | $204K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,648.8 | +1.750% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,614.8 | −0.349% | $52.3M | $18.1M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,620.1 | −0.022% | $5.4M | $4.6M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,619.8 | −0.040% | — | $2.4M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,618.5 | −0.120% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,619.6 | −0.053% | $79K | $228K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,617.8 | −0.163% | $1.6M | $510K | 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
HTX OPENAI-USDT
Phemex OPENAIUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH OPENAI | +0.0032% | 1h | 1,680.2 | +3.688% | $2.7M | $6.0M | 5x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0040% | 1h | 1,625 | +0.283% | $226K | $162K | 5x | as long as short |
| Extended OPENAI-USDshort | +0.0048% | 1h | 1,617.9 | −0.158% | $144K | $581K | 10x | |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,621.9 | +0.089% | $211K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,618.3 | −0.134% | $22.8M | $16.9M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,618.4 | −0.129% | $13.0M | $3.2M | 50x | as long as short |
| KuCoin OPENAIUSDTMlong | +0.0050% | 8h | 1,620.5 | long leg | $372K | $69K | 20x | |
| Variational Omni OPENAI | +0.0050% | 8h | 1,618.8 | −0.102% | $2.6M | $757K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,617.9 | −0.158% | $2K | $176K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0055% | 8h | 1,618.1 | −0.144% | $473K | $290K | 20x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,618.2 | −0.142% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0146% | 1h | 1,670.2 | +3.070% | $7.7M | $2.3M | 6x | as long as short |
Lighter RH OPENAI
Coinbase International OPENAI-PERP-INTX
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
BloFin OPENAI-USDT
Aevo OPENAI-PERP
Entropy io:OAI