Funding you earn now, next payment 09:00 UTC+0.0054%/8h= +5.9% APRpaid last 24h +0.016%
Price spread now: Aster against QFEX+0.109%7-day average +0.149% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$381as in the Price arb table
costs, in and out, $10k−$3773.767% of the position
Funding, last 4 days (all we have)+0.065%+$6 on $10k
+Price spread, last 4 days (all we have)+0.022%+$2 · spread now +0.109%, 7d avg +0.149%
=Together, before fees+0.086%+ Points / potential airdropAster: Stage 5 · farm board+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.039% cheaper against QFEX than usual: you would sell low and buy high (spread +0.109% now, against its 7-day average of +0.149%). If the spread goes back, that is −$4 on $10k: about 2.4 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX OPENAI-USD | 1,629.4 | −0.0004 | get 0.0000% / 1h | 3m 16s | $1.2M | $644K | 10x |
| Short | Aster OPENAIUSDT | 1,631.2 | 0.0050 | get 0.0050% / 8h | 7h 03m | $213K | $3K | 20x |
QFEX OPENAI-USD
Aster OPENAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against QFEX. 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
- $11.29
- Price spread: +0.109% → +0.149%
- −$3.94
- Slippage, 4 orders
- −$358.75
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$369.4
- Costs to cover
- 3.767%
- Break-even
- 236.0 days
Slippage from QFEX: live order book, 3 min ago; Aster: live order book, 28 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 QFEX live order book, 3 min ago | 1.50 bp | 8.8 bp −$9 | 14.5 bp −$145 | doesn't fit | doesn't fit |
| Sell Aster live order book, 28 min ago | 30.21 bp | 77.3 bp −$77 | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX OPENAI-USDlong | −0.0004% | 1h | 1,629.4 | long leg | $1.2M | $644K | 10x | |
| Lighter OPENAI | 0.0000% | 1h | 1,712.2 | +5.082% | $1.4M | $276K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,661.7 | +1.985% | $731K | $285K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,654.7 | +1.554% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,626.8 | −0.157% | $46.9M | $11.8M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,630.3 | +0.056% | $5.4M | $3.8M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,630.2 | +0.050% | — | $2.1M | 10x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,630 | +0.039% | $79K | $225K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,629.3 | −0.005% | $1.6M | $498K | 10x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,677.9 | +2.975% | $2.7M | $6.3M | 5x | as long as short |
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin OPENAI-USDT | +0.0037% | 8h | 1,629.2 | −0.010% | $476K | $307K | 20x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,629.1 | −0.020% | $142K | $808K | 10x | as long as short |
| Aster OPENAIUSDTshort | +0.0050% | 8h | 1,631.2 | +0.109% | $213K | $3K | 20x | |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,629.5 | +0.006% | $23.0M | $16.4M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,630 | +0.036% | $6.7M | $2.4M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,630.5 | +0.069% | $376K | $141K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,629.2 | −0.009% | $2.6M | $766K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,628.9 | −0.031% | $2K | $173K | 10x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,629.2 | −0.010% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0149% | 1h | 1,667.7 | +2.352% | $7.6M | $2.4M | 6x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | +0.0272% | 1h | 1,629.6 | +0.015% | $3K | $3K | 5x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0344% | 1h | 1,635 | +0.345% | $231K | $176K | 5x | as long as short |
BloFin OPENAI-USDT
Extended OPENAI-USD
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
Aevo OPENAI-PERP
Entropy io:OAI
Deribit OPENAI_USDC-PERPETUAL
Coinbase International OPENAI-PERP-INTX