Funding you earn now, next payment 05:00 UTC−0.0002%/8h= −0.2% APRpaid last 24h −0.001%
Price spread now: Extended against MEXC−0.028%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$720.716% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.025%−$3 · spread now −0.028%, 7d avg −0.035%
=Together, before fees−0.029%+ Points / potential airdropExtended: Active · farm board−$3 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC OPENAI_USDT | 1,620.5 | 0.0050 | pay 0.0050% / 8h | 3h 48m | $13.0M | $3.2M | 50x |
| Short | Extended OPENAI-USD | 1,620 | 0.0048 | get 0.0006% / 1h | 48m 48s | $141K | $737K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$0.42
- Price spread: −0.028% → −0.035%
- $0.78
- Slippage, 4 orders
- −$66.58
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$71.22
- Costs to cover
- 0.716%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; Extended: live order book, 4 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 | 3.0 bp −$3 | 21.1 bp −$211 | doesn't fit | doesn't fit |
| Sell Extended live order book, 4 min ago | 4.01 bp | 33.0 bp −$33 | 254.9 bp −$2,549 | 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 | 1,620.7 | +0.012% | $1.2M | $559K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,712 | +5.648% | $1.4M | $265K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,663.5 | +2.659% | $755K | $207K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,650.7 | +1.867% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,617.3 | −0.194% | $52.3M | $25.3M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,622.5 | +0.125% | $5.5M | $5.1M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,622.9 | +0.151% | — | $2.4M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,621.7 | +0.079% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,622.3 | +0.114% | $79K | $221K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,619.8 | −0.038% | $1.6M | $543K | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH OPENAI | +0.0032% | 1h | 1,679.5 | +3.641% | $2.7M | $6.2M | 5x | as long as short |
| Extended OPENAI-USDshort | +0.0048% | 1h | 1,620 | −0.028% | $141K | $737K | 10x | |
| BloFin OPENAI-USDT | +0.0049% | 8h | 1,620.4 | −0.002% | $472K | $286K | 20x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,627.4 | +0.427% | $212K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,620.5 | +0.002% | $22.8M | $17.8M | 20x | as long as short |
| MEXC OPENAI_USDTlong | +0.0050% | 8h | 1,620.5 | long leg | $13.0M | $3.2M | 50x | |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,625.3 | +0.301% | $375K | $68K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,620.4 | −0.003% | $2.6M | $766K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,621.5 | +0.063% | $2K | $155K | 10x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0056% | 1h | 1,622 | +0.097% | $226K | $162K | 5x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,620.4 | −0.004% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0154% | 1h | 1,674 | +3.305% | $7.7M | $2.3M | 6x | as long as short |
MEXC OPENAI_USDT
Extended 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 OPENAIUSDT
Lighter RH OPENAI
BloFin OPENAI-USDT
Aster OPENAIUSDT
Binance OPENAIUSDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
Coinbase International OPENAI-PERP-INTX