Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC+0.012%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$480.478% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 2 days (all we have)+0.033%+$3 · spread now +0.012%, 7d avg −0.012%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.023% dearer against MEXC than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC OPENAI_USDT | 1,627.8 | 0.0050 | pay 0.0050% / 8h | 2h 04m | $13.0M | $3.1M | 50x |
| Short | Binance OPENAIUSDT | 1,628 | 0.0050 | get 0.0050% / 8h | 2h 04m | $23.2M | $21.2M | 20x |
MEXC OPENAI_USDT
Binance OPENAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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: +0.012% → −0.012%
- $2.34
- Slippage, 4 orders
- −$37.83
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$45.5
- Costs to cover
- 0.478%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; Binance: live order book, 7 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 MEXC live order book, 4 min ago | 1.26 bp | 1.9 bp −$2 | 7.3 bp −$73 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 0.31 bp | 21.1 bp −$21 | 60.7 bp −$607 | 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 | 1,697.4 | +4.274% | $1.4M | $315K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,674.9 | +2.892% | $761K | $225K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,660.8 | +2.027% | $5.1M | $1.4M | 20x | as long as short |
| QFEX OPENAI-USD | 0.0000% | 1h | 1,628 | +0.012% | $1.2M | $361K | 10x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,624.7 | −0.190% | $52.8M | $48.6M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,630 | +0.134% | $5.5M | $5.0M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,629.5 | +0.104% | — | $2.6M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,629.2 | +0.084% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,629.6 | +0.109% | $79K | $212K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,627.4 | −0.026% | $1.6M | $584K | 10x | as long as short |
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
QFEX OPENAI-USD
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin OPENAI-USDT | +0.0024% | 8h | 1,628.9 | +0.066% | $473K | $295K | 20x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,664.4 | +2.245% | $2.6M | $6.3M | 5x | as long as short |
| Entropy io:OAI | +0.0046% | 1h | 1,662.2 | +2.113% | $7.3M | $2.2M | 6x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,627.8 | +0.001% | $133K | $656K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,632.7 | +0.299% | $213K | $3K | 20x | as long as short |
| Binance OPENAIUSDTshort | +0.0050% | 8h | 1,628 | +0.012% | $23.2M | $21.2M | 20x | |
| MEXC OPENAI_USDTlong | +0.0050% | 8h | 1,627.8 | long leg | $13.0M | $3.1M | 50x | |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,640.2 | +0.764% | $375K | $65K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,627.8 | −0.003% | $2.6M | $755K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,628.5 | +0.043% | $2K | $153K | 10x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,627.5 | −0.022% | — | — | 10x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.1080% | 1h | 1,633.2 | +0.331% | $237K | $106K | 5x | as long as short |
BloFin OPENAI-USDT
Lighter RH OPENAI
Entropy io:OAI
Extended OPENAI-USD
Aster OPENAIUSDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
Aevo OPENAI-PERP
Coinbase International OPENAI-PERP-INTX