Funding you earn now, next payment 04:00 UTC−0.0054%/8h= −5.9% APRpaid last 24h —
Price spread now: Binance against Aevo+0.025%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Binance is 0.025% dearer against Aevo than usual: you sell high and buy low (spread +0.025% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 36 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo OPENAI-PERP | 1,621.5 | 0.0104 | pay 0.0013% / 1h | 12m 47s | — | — | 10x |
| Short | Binance OPENAIUSDT | 1,621.9 | 0.0050 | get 0.0050% / 8h | 4h 12m | $22.9M | $17.9M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Aevo. 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
- −$11.34
- Price spread: +0.025% → 0.000%
- $2.46
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$34.88
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Binance: live order book, 13 min ago. Net counts fees only.
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 Aevo no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 13 min ago | 1.11 bp | 16.7 bp −$17 | 52.6 bp −$526 | doesn't fit | doesn't fit |
Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International OPENAI-PERP-INTX | −0.0024% | 1h | 1,624.9 | +0.214% | $226K | $161K | 5x | as long as short |
| QFEX OPENAI-USD | −0.0004% | 1h | 1,621.7 | +0.013% | $1.2M | $548K | 10x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,663.6 | +2.596% | $755K | $207K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,652 | +1.883% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,618.6 | −0.178% | $52.4M | $28.1M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,623.6 | +0.133% | $5.5M | $5.0M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,623.7 | +0.138% | — | $2.4M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,622.1 | +0.040% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,621.7 | +0.011% | $78K | $219K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,621.7 | +0.013% | $1.6M | $546K | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter OPENAI | +0.0008% | 1h | 1,713.5 | +5.674% | $1.4M | $266K | 5x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,680.5 | +3.639% | $2.7M | $6.2M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,621.3 | −0.011% | $141K | $740K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,627.5 | +0.373% | $212K | $3K | 20x | as long as short |
| Binance OPENAIUSDTshort | +0.0050% | 8h | 1,621.9 | +0.025% | $22.9M | $17.9M | 20x | |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,622.2 | +0.044% | $13.0M | $3.2M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,625.3 | +0.238% | $375K | $70K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,622.2 | +0.043% | $2.6M | $766K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,623.1 | +0.103% | $2K | $150K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0051% | 8h | 1,621.6 | +0.011% | $474K | $286K | 20x | as long as short |
| Aevo OPENAI-PERPlong | +0.0104% | 1h | 1,621.5 | long leg | — | — | 10x | |
| Entropy io:OAI | +0.0240% | 1h | 1,675.3 | +3.320% | $7.7M | $2.3M | 6x | as long as short |
Binance OPENAIUSDT
Coinbase International OPENAI-PERP-INTX
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
Deribit OPENAI_USDC-PERPETUAL
HTX OPENAI-USDT
Phemex OPENAIUSDT
Lighter OPENAI
Lighter RH OPENAI
Extended OPENAI-USD
Aster OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
BloFin OPENAI-USDT