Funding you earn now, next payment 16:00 UTC+0.0075%/8h= +8.2% APRnext payment +$0.75 per $10,000 · paid last 24h +0.013%
Price spread now: BloFin against OKX−1.725%113s7-day average −1.982% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.106%+$11 on $10k
+Price spread, last 4 days (all we have)−0.210%−$21 · spread now −1.725%, 7d avg −1.982%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.257% dearer against OKX than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of −1.982%. The two prices were read 113 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX OPENAI-USDT-SWAP | 1,661.3 | 0 | get 0.0000% / 8h | 5h 51m | $5.1M | $1.2M | 20x |
| Short | BloFin OPENAI-USDT | 1,632.6 | 0.0075 | get 0.0075% / 8h | 5h 51m | $483K | $319K | 20x |
OKX OPENAI-USDT-SWAP
BloFin OPENAI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $15.72
- Price spread: −1.725% → −1.982%
- $25.7
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $19.43
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: OKX: live order book, 4 min ago; BloFin: live order book, 57 min ago. Net counts fees only.
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, 4 min ago | 1.81 bp | 34.6 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 57 min ago | 1.32 bp | 11.2 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
OPENAI on 22 exchanges
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 | −0.0003% | 1h | 1,632.8 | −1.713% | $1.2M | $658K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,712.7 | +3.095% | $1.4M | $274K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,669.9 | +0.515% | $731K | $283K | 25x | as long as short |
| OKX OPENAI-USDT-SWAPlong | 0.0000% | 8h | 1,661.3 | long leg | $5.1M | $1.2M | 20x | |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,631.4 | −1.802% | $49.0M | $15.0M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,634.7 | −1.603% | $5.4M | $3.6M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,634 | −1.643% | — | $1.7M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,633.5 | −1.673% | $3K | $3K | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,633 | −1.705% | $80K | $160K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,633.2 | −1.690% | $1.6M | $503K | 10x | as long as short |
QFEX OPENAI-USD
Lighter OPENAI
Bybit OPENAIUSDT
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
Deribit OPENAI_USDC-PERPETUAL
HTX OPENAI-USDT
Phemex OPENAIUSDTShow all 22 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH OPENAI | +0.0032% | 1h | 1,680.5 | +1.156% | $2.8M | $6.2M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,632.3 | −1.747% | $142K | $812K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,635.4 | −1.558% | $213K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,632.8 | −1.714% | $23.0M | $17.2M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,633.8 | −1.657% | $6.7M | $2.4M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,637 | −1.465% | $379K | $224K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,631 | −1.825% | $2.6M | $770K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,630.7 | −1.841% | $2K | $169K | 10x | as long as short |
| BloFin OPENAI-USDTshort | +0.0075% | 8h | 1,632.6 | −1.725% | $483K | $319K | 20x | |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,633 | −1.704% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0160% | 1h | 1,671.8 | +0.632% | $7.6M | $2.4M | 6x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0712% | 1h | 1,635.2 | −1.571% | $230K | $175K | 5x | as long as short |
Lighter RH OPENAI
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
Aevo OPENAI-PERP
Entropy io:OAI
Coinbase International OPENAI-PERP-INTX