Funding you earn now, next payment 16:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.50 per $10,000 · paid last 24h −0.015%
Price spread now: Bitget against Aster−0.070%7-day average −0.160% · you buy dearer than you sell
Net, funding: paid 7d − costs−$445as in the Funding arb table
Net, price: spread back to 7d avg − costs−$425as in the Price arb table
costs, in and out, $10k−$4344.344% of the position
Funding, last 7 days−0.105%−$11 on $10k
+Price spread, last 4 days (all we have)−0.079%−$8 · spread now −0.070%, 7d avg −0.160%
=Together, before fees−0.184%+ Points / potential airdropAster: Stage 5 · farm board−$18 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.089% dearer against Aster than usual: you sell high and buy low (spread −0.070% now, against its 7-day average of −0.160%): +$9 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster OPENAIUSDT | 1,623.6 | 0.0050 | pay 0.0050% / 8h | 7h 25m | $212K | $3K | 20x |
| Short | Bitget OPENAIUSDT | 1,622.5 | 0 | get 0.0000% / 8h | 7h 25m | $5.4M | $3.9M | 20x |
Aster OPENAIUSDT
Bitget OPENAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Aster. 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
- −$10.5
- Price spread: −0.070% → −0.160%
- $8.94
- Slippage, 4 orders
- −$414.38
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$435.94
- Costs to cover
- 4.344%
- Break-even
- never at this rate
Slippage from Aster: live order book, 7 min ago; Bitget: live order book, 3 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 Aster live order book, 7 min ago | 30.21 bp | 283.6 bp −$284 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 2.01 bp | 32.2 bp −$32 | 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-USD | −0.0004% | 1h | 1,620.2 | −0.211% | $1.2M | $631K | 10x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,659 | +2.179% | $730K | $284K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,649.2 | +1.574% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,618.9 | −0.292% | $46.2M | $10.4M | 50x | as long as short |
| Bitget OPENAIUSDTshort | 0.0000% | 8h | 1,622.5 | −0.070% | $5.4M | $3.9M | 20x | |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,621.6 | −0.126% | — | $2.3M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,620 | −0.227% | $3K | $3K | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,620 | −0.225% | $79K | $225K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,620.6 | −0.186% | $1.6M | $498K | 10x | as long as short |
| Lighter OPENAI | +0.0008% | 1h | 1,709.4 | +5.283% | $1.4M | $275K | 5x | as long as short |
QFEX OPENAI-USD
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH OPENAI | +0.0032% | 1h | 1,676.7 | +3.266% | $2.7M | $6.2M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,620.9 | −0.172% | $142K | $808K | 10x | as long as short |
| Aster OPENAIUSDTlong | +0.0050% | 8h | 1,623.6 | long leg | $212K | $3K | 20x | |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,621.1 | −0.155% | $22.9M | $16.3M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,620.6 | −0.187% | $6.6M | $2.4M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,620 | −0.227% | $374K | $116K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,619.6 | −0.247% | $2.6M | $759K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,618.8 | −0.300% | $2K | $173K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0069% | 8h | 1,619.2 | −0.275% | $478K | $298K | 20x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,619.7 | −0.240% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0194% | 1h | 1,669.2 | +2.806% | $7.6M | $2.3M | 6x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0344% | 1h | 1,629 | +0.330% | $236K | $171K | 5x | as long as short |
Lighter RH OPENAI
Extended OPENAI-USD
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
BloFin OPENAI-USDT
Aevo OPENAI-PERP
Entropy io:OAI
Coinbase International OPENAI-PERP-INTX