Funding you earn now, next payment 09:00 UTC+0.0008%/8h= +0.9% APRpaid last 24h +0.001%
Price spread now: Lighter against OKX+3.599%7-day average +5.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$270as in the Price arb table
costs, in and out, $10k−$1271.274% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 7 days+1.793%+$179 · spread now +3.599%, 7d avg +5.025%
=Together, before fees+1.795%+ Points / potential airdropLighter: Season 3 · farm board+$180 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 1.427% cheaper against OKX than usual: you would sell low and buy high, −$143 on $10k if it goes back to its 7-day average of +5.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX OPENAI-USDT-SWAP | 1,651.2 | 0 | get 0.0000% / 8h | 7h 21m | $5.1M | $1.3M | 20x |
| Short | Lighter OPENAI | 1,710.6 | 0.0008 | get 0.0001% / 1h | 21m 54s | $1.4M | $276K | 5x |
OKX OPENAI-USDT-SWAP
Lighter OPENAIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $1.68
- Price spread: +3.599% → +5.025%
- −$142.67
- Slippage, 4 orders
- −$117.37
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$268.36
- Costs to cover
- 1.274%
- Break-even
- 1125.2 days
Slippage from OKX: live order book, 1 min ago; Lighter: 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 OKX live order book, 1 min ago | 1.82 bp | 18.7 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 4 min ago | 0.50 bp | 28.8 bp −$29 | 113.6 bp −$1,136 | 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 | −0.0004% | 1h | 1,623.6 | −1.669% | $1.2M | $636K | 10x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,660.7 | +0.575% | $731K | $284K | 25x | as long as short |
| OKX OPENAI-USDT-SWAPlong | 0.0000% | 8h | 1,651.2 | long leg | $5.1M | $1.3M | 20x | |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,621.9 | −1.776% | $46.3M | $10.5M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,624.6 | −1.612% | $5.4M | $3.8M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,624.2 | −1.635% | — | $2.2M | 10x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,624.6 | −1.611% | $79K | $225K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,624.2 | −1.636% | $1.6M | $498K | 10x | as long as short |
| Lighter OPENAIshort | +0.0008% | 1h | 1,710.6 | +3.599% | $1.4M | $276K | 5x | |
| Lighter RH OPENAI | +0.0032% | 1h | 1,678.2 | +1.636% | $2.7M | $6.2M | 5x | as long as short |
QFEX OPENAI-USD
Bybit OPENAIUSDT
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
HTX OPENAI-USDT
Phemex OPENAIUSDT
Lighter RH OPENAIShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended OPENAI-USD | +0.0048% | 1h | 1,623.5 | −1.680% | $142K | $808K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,626.8 | −1.475% | $212K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,623.9 | −1.653% | $22.9M | $16.3M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,623.2 | −1.699% | $6.6M | $2.4M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,624.6 | −1.611% | $374K | $120K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,619.6 | −1.912% | $2.6M | $759K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,620.1 | −1.885% | $2K | $173K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0053% | 8h | 1,623.3 | −1.689% | $480K | $300K | 20x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,623.5 | −1.680% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0171% | 1h | 1,668.1 | +1.023% | $7.6M | $2.3M | 6x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | +0.0233% | 1h | 1,624.1 | −1.642% | $3K | $3K | 5x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0344% | 1h | 1,629 | −1.344% | $234K | $172K | 5x | as long as short |
Extended OPENAI-USD
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
Deribit OPENAI_USDC-PERPETUAL
Coinbase International OPENAI-PERP-INTX