OPENAI

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0055%/8h= +6.0% APRpaid last 24h +0.016%

Price spread now: Binance against QFEX+0.014%7-day average −0.003% · 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−$62as in the Price arb table

costs, in and out, $10k−$630.633% of the position

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.054%+$5 on $10k

Price spread, last 2 days (all we have)−0.002%$0 · spread now +0.014%, 7d avg −0.003%

Together, before fees+0.052%+$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.003%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX OPENAI-USD	1,619	−0.0005	get 0.0001% / 1h	19m 04s	$1.2M	$387K	10x
Short	Binance OPENAIUSDT	1,619.2	0.0050	get 0.0050% / 8h	1h 19m	$23.0M	$20.1M	20x

Funding history

latest

Range statsloading…

Binance against QFEX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee QFEXbpFee BinancebpOrdersPrice spread, now +0.014%Rate

Slippage from QFEX: live order book, 2 min ago; Binance: live order book, 7 min ago.

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, 2 min ago	2.72 bp	10.8 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 7 min ago	0.96 bp	21.1 bp −$21	54.3 bp −$543	doesn't fit	doesn't fit

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	−0.0005%	1h	1,619	long leg	$1.2M	$387K	10x
Lighter OPENAI	0.0000%	1h	1,695.7	+4.739%	$1.4M	$291K	5x	as long as short
Bybit OPENAIUSDT	0.0000%	8h	1,668.3	+3.046%	$762K	$226K	25x	as long as short
OKX OPENAI-USDT-SWAP	0.0000%	8h	1,651.5	+2.010%	$5.1M	$1.4M	20x	as long as short
Gate OPENAI_USDT	0.0000%	8h	1,615.9	−0.191%	$52.5M	$40.7M	50x	as long as short
Bitget OPENAIUSDT	0.0000%	8h	1,621.6	+0.163%	$5.5M	$5.1M	20x	as long as short
SunX OPENAI-USDT	0.0000%	8h	1,621	+0.126%	—	$2.6M	10x	as long as short
Deribit OPENAI_USDC-PERPETUAL	0.0000%	1h	1,621.2	+0.141%	—	$3	5x	as long as short
HTX OPENAI-USDT	0.0000%	8h	1,619.5	+0.030%	$78K	$213K	20x	as long as short
Phemex OPENAIUSDT	0.0000%	8h	1,618.5	−0.031%	$1.6M	$574K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin OPENAI-USDT	+0.0031%	8h	1,618.5	−0.028%	$472K	$290K	20x	as long as short
Lighter RH OPENAI	+0.0032%	1h	1,667.6	+3.005%	$2.6M	$6.3M	5x	as long as short
Extended OPENAI-USD	+0.0048%	1h	1,618.9	−0.005%	$131K	$670K	10x	as long as short
Aster OPENAIUSDT	+0.0050%	8h	1,625.4	+0.399%	$212K	$3K	20x	as long as short
Binance OPENAIUSDTshort	+0.0050%	8h	1,619.2	+0.014%	$23.0M	$20.1M	20x
MEXC OPENAI_USDT	+0.0050%	8h	1,618.8	−0.013%	$12.9M	$3.1M	50x	as long as short
KuCoin OPENAIUSDTM	+0.0050%	8h	1,636.1	+1.060%	$377K	$64K	20x	as long as short
Variational Omni OPENAI	+0.0050%	8h	1,619.3	+0.021%	$2.6M	$765K	—	as long as short
GRVT OPENAI_USDT_Perp	+0.0050%	8h	1,619.3	+0.018%	$2K	$151K	10x	as long as short
Entropy io:OAI	+0.0082%	1h	1,660.7	+2.578%	$7.3M	$2.2M	6x	as long as short
Aevo OPENAI-PERP	+0.0104%	1h	1,618.4	−0.035%	—	—	10x	as long as short
Coinbase International OPENAI-PERP-INTX	+0.0456%	1h	1,621	+0.125%	$236K	$142K	5x	as long as short