Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h +0.015%
Price spread now: Aster against OKX−1.211%7-day average −1.894% · you buy dearer than you sell
Net, funding: paid 7d − costs−$574as in the Funding arb table
Net, price: spread back to 7d avg − costs−$516as in the Price arb table
costs, in and out, $10k−$5845.844% of the position
Funding, last 7 days+0.105%+$11 on $10k
+Price spread, last 4 days (all we have)−0.731%−$73 · spread now −1.211%, 7d avg −1.894%
=Together, before fees−0.626%+ Points / potential airdropAster: Stage 5 · farm board−$63 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aster is 0.683% dearer against OKX than usual: you sell high and buy low: +$68 more if the spread goes back to its 7-day average of −1.894%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX OPENAI-USDT-SWAP | 1,650.8 | 0 | get 0.0000% / 8h | 4h 44m | $5.1M | $1.3M | 20x |
| Short | Aster OPENAIUSDT | 1,630.8 | 0.0050 | get 0.0050% / 8h | 4h 44m | $213K | $3K | 20x |
OKX OPENAI-USDT-SWAP
Aster OPENAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against OKX. 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
- $10.5
- Price spread: −1.211% → −1.894%
- $68.3
- Slippage, 4 orders
- −$566.39
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$505.6
- Costs to cover
- 5.844%
- Break-even
- 344.1 days
Slippage from OKX: live order book, 3 min ago; Aster: live order book, 12 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 OKX live order book, 3 min ago | 2.73 bp | 20.8 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 12 min ago | 46.17 bp | 91.1 bp −$91 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International OPENAI-PERP-INTX | −0.0024% | 1h | 1,627 | −1.444% | $225K | $158K | 5x | as long as short |
| QFEX OPENAI-USD | −0.0004% | 1h | 1,622.5 | −1.713% | $1.2M | $532K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,707.3 | +3.422% | $1.4M | $265K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,662.1 | +0.685% | $758K | $207K | 25x | as long as short |
| OKX OPENAI-USDT-SWAPlong | 0.0000% | 8h | 1,650.8 | long leg | $5.1M | $1.3M | 20x | |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,619.3 | −1.910% | $52.4M | $28.1M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,623.5 | −1.657% | $5.5M | $5.0M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,623.7 | −1.642% | — | $2.4M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,620.3 | −1.846% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,621.6 | −1.769% | $79K | $217K | 20x | as long as short |
Coinbase International OPENAI-PERP-INTX
QFEX OPENAI-USD
Lighter OPENAI
Bybit OPENAIUSDT
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
Deribit OPENAI_USDC-PERPETUAL
HTX OPENAI-USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,622.5 | −1.717% | $1.6M | $545K | 10x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,674.7 | +1.447% | $2.7M | $6.1M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,621.8 | −1.754% | $144K | $736K | 10x | as long as short |
| Aster OPENAIUSDTshort | +0.0050% | 8h | 1,630.8 | −1.211% | $213K | $3K | 20x | |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,622.2 | −1.730% | $22.9M | $17.9M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,622.3 | −1.725% | $13.0M | $3.2M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,625 | −1.562% | $375K | $69K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,621.7 | −1.764% | $2.6M | $763K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,620.3 | −1.849% | $3K | $146K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0067% | 8h | 1,621.8 | −1.756% | $475K | $279K | 20x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,622 | −1.744% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0106% | 1h | 1,666.4 | +0.945% | $7.6M | $2.3M | 6x | as long as short |
Phemex OPENAIUSDT
Lighter RH OPENAI
Extended OPENAI-USD
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
BloFin OPENAI-USDT
Aevo OPENAI-PERP
Entropy io:OAI