Funding you earn now, next payment 06:00 UTC−0.0010%/8h= −1.1% APRpaid last 24h +0.210%
Price spread now: Coinbase International against Aster+0.156%7-day average +0.301% · you sell dearer than you buy
Net, funding: paid 7d − costs−$375as in the Funding arb table
Net, price: spread back to 7d avg − costs−$461as in the Price arb table
costs, in and out, $10k−$4474.469% of the position
Funding, last 7 days+0.715%+$71 on $10k
+Price spread, last 4 days (all we have)+0.811%+$81 · spread now +0.156%, 7d avg +0.301%
=Together, before fees+1.526%+ Points / potential airdropAster: Stage 5 · farm board+$153 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Coinbase International is 0.146% cheaper against Aster than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.301%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.715%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster OPENAIUSDT | 1,621.8 | 0.0050 | pay 0.0050% / 8h | 1h 17m | $211K | $3K | 20x |
| Short | Coinbase International OPENAI-PERP-INTX | 1,624.3 | 0.0040 | get 0.0005% / 1h | 17m 14s | $226K | $162K | 5x |
Aster OPENAIUSDT
Coinbase International OPENAI-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$2.1
- Price spread: +0.156% → +0.301%
- −$14.55
- Slippage, 4 orders
- −$428.89
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$463.54
- Costs to cover
- 4.469%
- Break-even
- never at this rate
Slippage from Aster: live order book, 24 min ago; Coinbase International: live order book, 26 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, 24 min ago | 39.60 bp | 333.5 bp −$333 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 26 min ago | 9.61 bp | 18.0 bp −$18 | 42.4 bp −$424 | 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 | −0.0002% | 1h | 1,617.3 | −0.279% | $1.2M | $618K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,713.3 | +5.643% | $1.4M | $265K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,662.7 | +2.523% | $754K | $205K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,648.8 | +1.665% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,615.7 | −0.379% | $44.7M | $18.2M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,619.5 | −0.144% | $5.4M | $4.7M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,620.4 | −0.086% | — | $2.4M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,619 | −0.174% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,621.4 | −0.022% | $79K | $234K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,619.4 | −0.151% | $1.6M | $511K | 10x | as long as short |
QFEX OPENAI-USD
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
Deribit OPENAI_USDC-PERPETUAL
HTX OPENAI-USDT
Phemex OPENAIUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH OPENAI | +0.0032% | 1h | 1,679.9 | +3.585% | $2.7M | $6.1M | 5x | as long as short |
| BloFin OPENAI-USDT | +0.0040% | 8h | 1,619 | −0.175% | $472K | $295K | 20x | as long as short |
| Coinbase International OPENAI-PERP-INTXshort | +0.0040% | 1h | 1,624.3 | +0.156% | $226K | $162K | 5x | |
| Extended OPENAI-USD | +0.0048% | 1h | 1,617.8 | −0.249% | $144K | $581K | 10x | as long as short |
| Aster OPENAIUSDTlong | +0.0050% | 8h | 1,621.8 | long leg | $211K | $3K | 20x | |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,618.8 | −0.185% | $22.8M | $17.6M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,618.7 | −0.193% | $8.3M | $4.7M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,623.2 | +0.087% | $374K | $69K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,614.1 | −0.475% | $2.6M | $757K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,620.9 | −0.057% | $2K | $179K | 10x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,617.9 | −0.242% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0151% | 1h | 1,670.3 | +2.991% | $7.7M | $2.3M | 6x | as long as short |
Lighter RH OPENAI
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