Funding you earn now, next payment 10:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h +0.014%
Price spread now: Extended against OKX−1.639%7-day average −2.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1441.436% of the position
Funding, last 7 days+0.101%+$10 on $10k
+Price spread, last 4 days (all we have)−0.316%−$32 · spread now −1.639%, 7d avg −2.010%
=Together, before fees−0.215%+ Points / potential airdropExtended: Active · farm board−$22 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Extended is 0.371% dearer against OKX than usual: you sell high and buy low: +$37 more if the spread goes back to its 7-day average of −2.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX OPENAI-USDT-SWAP | 1,657.8 | 0 | get 0.0000% / 8h | 6h 17m | $5.1M | $1.2M | 20x |
| Short | Extended OPENAI-USD | 1,630.6 | 0.0048 | get 0.0006% / 1h | 17m 12s | $143K | $808K | 10x |
OKX OPENAI-USDT-SWAP
Extended OPENAI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $10.08
- Price spread: −1.639% → −2.010%
- $37.14
- Slippage, 4 orders
- −$128.58
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$96.36
- Costs to cover
- 1.436%
- Break-even
- 73.9 days
Slippage from OKX: live order book, 4 min ago; Extended: live order book, 33 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, 4 min ago | 1.51 bp | 34.0 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 33 min ago | 4.30 bp | 31.5 bp −$31 | 243.9 bp −$2,439 | 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 | −0.0010% | 1h | 1,630.6 | −1.643% | $1.2M | $648K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,712.9 | +3.324% | $1.4M | $277K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,666.6 | +0.531% | $733K | $285K | 25x | as long as short |
| OKX OPENAI-USDT-SWAPlong | 0.0000% | 8h | 1,657.8 | long leg | $5.1M | $1.2M | 20x | |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,628.1 | −1.793% | $48.4M | $13.8M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,631.3 | −1.602% | $5.4M | $3.7M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,631.4 | −1.592% | — | $1.8M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,630 | −1.679% | $3K | $3K | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,631 | −1.618% | $79K | $224K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,630.5 | −1.647% | $1.6M | $501K | 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 | 1,678.8 | +1.268% | $2.8M | $6.3M | 5x | as long as short |
| Extended OPENAI-USDshort | +0.0048% | 1h | 1,630.6 | −1.639% | $143K | $808K | 10x | |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,633.4 | −1.471% | $213K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,631.1 | −1.609% | $23.0M | $16.9M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,633 | −1.498% | $6.7M | $2.5M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,633.7 | −1.456% | $377K | $195K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,631.3 | −1.596% | $2.6M | $770K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,630.4 | −1.652% | $2K | $169K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0062% | 8h | 1,630.9 | −1.622% | $481K | $316K | 20x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,630.3 | −1.660% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0166% | 1h | 1,670.9 | +0.790% | $7.6M | $2.4M | 6x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0720% | 1h | 1,633.5 | −1.469% | $230K | $175K | 5x | as long as short |
Lighter RH OPENAI
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
BloFin OPENAI-USDT
Aevo OPENAI-PERP
Entropy io:OAI
Coinbase International OPENAI-PERP-INTX