Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: OKX against QFEX+1.612%7-day average +2.041% · 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−$127as in the Price arb table
costs, in and out, $10k−$840.840% of the position
Funding, last 4 days (all we have)+0.005%$0 on $10k
+Price spread, last 7 days+0.405%+$41 · spread now +1.612%, 7d avg +2.041%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.429% cheaper against QFEX than usual: you would sell low and buy high, −$43 on $10k if it goes back to its 7-day average of +2.041%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX OPENAI-USD | 1,626.3 | −0.0004 | get 0.0000% / 1h | 43m 05s | $1.2M | $629K | 10x |
| Short | OKX OPENAI-USDT-SWAP | 1,652.5 | 0 | get 0.0000% / 8h | 7h 43m | $5.1M | $1.3M | 20x |
QFEX OPENAI-USD
OKX OPENAI-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $0.79
- Price spread: +1.612% → +2.041%
- −$42.86
- Slippage, 4 orders
- −$63.99
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$126.06
- Costs to cover
- 0.840%
- Break-even
- 1124.5 days
Slippage from QFEX: live order book, 3 min ago; OKX: live order book, 5 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 | 2.92 bp | 8.6 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 0.30 bp | 46.8 bp −$47 | 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 | 1,626.3 | long leg | $1.2M | $629K | 10x | |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,660.9 | +2.127% | $726K | $276K | 25x | as long as short |
| OKX OPENAI-USDT-SWAPshort | 0.0000% | 8h | 1,652.5 | +1.612% | $5.1M | $1.3M | 20x | |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,623.2 | −0.192% | $45.9M | $9.7M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,626.4 | +0.004% | $5.4M | $3.9M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,626.6 | +0.020% | — | $2.3M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,625.8 | −0.029% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,626.2 | −0.006% | $79K | $225K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,625.3 | −0.063% | $1.6M | $498K | 10x | as long as short |
| Lighter OPENAI | +0.0008% | 1h | 1,713.4 | +5.358% | $1.4M | $273K | 5x | as long as short |
Bybit OPENAIUSDT
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
Deribit OPENAI_USDC-PERPETUAL
HTX OPENAI-USDT
Phemex OPENAIUSDT
Lighter OPENAIShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin OPENAI-USDT | +0.0030% | 8h | 1,626.4 | +0.007% | $477K | $296K | 20x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,680.9 | +3.357% | $2.7M | $6.1M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,625.9 | −0.023% | $141K | $804K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,628.3 | +0.127% | $212K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,625.8 | −0.033% | $23.0M | $16.4M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,627 | +0.041% | $6.6M | $2.4M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,626.1 | −0.010% | $376K | $96K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,623.8 | −0.152% | $2.6M | $760K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,624.1 | −0.132% | $2K | $176K | 10x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,626.1 | −0.012% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0251% | 1h | 1,669.6 | +2.664% | $7.6M | $2.3M | 6x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0344% | 1h | 1,629 | +0.167% | $236K | $172K | 5x | as long as short |
BloFin OPENAI-USDT
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