Funding you earn now, next payment 02:00 UTC−0.0054%/8h= −5.9% APRpaid last 24h −0.016%
Price spread now: QFEX against Aster−0.327%53s7-day average −0.137% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$4734.726% of the position
Funding, last 3 days (all we have)−0.059%−$6 on $10k
+Price spread, last 4 days (all we have)+0.266%+$27 · spread now −0.327%, 7d avg −0.137%
=Together, before fees+0.207%+ Points / potential airdropAster: Stage 5 · farm board+$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and QFEX is 0.190% cheaper against Aster than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of −0.137%). Swap the legs. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster OPENAIUSDT | 1,628.3 | 0.0050 | pay 0.0050% / 8h | 6h 39m | $212K | $3K | 20x |
| Short | QFEX OPENAI-USD | 1,623 | −0.0004 | pay 0.0001% / 1h | 39m 44s | $1.2M | $407K | 10x |
Aster OPENAIUSDT
QFEX OPENAI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$11.37
- Price spread: −0.327% → −0.137%
- −$19.03
- Slippage, 4 orders
- −$454.61
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$503.01
- Costs to cover
- 4.726%
- Break-even
- never at this rate
Slippage from Aster: live order book, 27 min ago; QFEX: live order book, 2 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, 27 min ago | 53.91 bp | 358.5 bp −$359 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 2 min ago | 2.12 bp | 8.1 bp −$8 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit OPENAI_USDC-PERPETUAL | −0.0268% | 1h | 1,622.2 | −0.380% | — | $3 | 5x | as long as short |
| QFEX OPENAI-USDshort | −0.0004% | 1h | 1,623 | −0.327% | $1.2M | $407K | 10x | |
| Lighter OPENAI | 0.0000% | 1h | 1,710.5 | +5.046% | $1.4M | $280K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,666.6 | +2.346% | $764K | $205K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,650.5 | +1.360% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,619.9 | −0.520% | $52.4M | $31.8M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,623.5 | −0.300% | $5.5M | $5.1M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,623.8 | −0.279% | — | $2.5M | 10x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,624.7 | −0.222% | $79K | $216K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,621.9 | −0.395% | $1.6M | $562K | 10x | as long as short |
Deribit OPENAI_USDC-PERPETUAL
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
HTX OPENAI-USDT
Phemex OPENAIUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International OPENAI-PERP-INTX | +0.0024% | 1h | 1,624.5 | −0.239% | $222K | $155K | 5x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,676.3 | +2.946% | $2.7M | $6.1M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,622.4 | −0.367% | $136K | $717K | 10x | as long as short |
| Aster OPENAIUSDTlong | +0.0050% | 8h | 1,628.3 | long leg | $212K | $3K | 20x | |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,622.4 | −0.363% | $22.9M | $18.9M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,622 | −0.389% | $13.1M | $3.2M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,626.2 | −0.134% | $378K | $68K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,623.9 | −0.270% | $2.6M | $761K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,626.4 | −0.118% | $2K | $137K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0059% | 8h | 1,629.3 | +0.056% | $477K | $280K | 20x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,621.9 | −0.397% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0106% | 1h | 1,671.3 | +2.638% | $7.4M | $2.1M | 6x | as long as short |
Coinbase International OPENAI-PERP-INTX
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