Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.002%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$370.373% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 2 days (all we have)−0.006%−$1 · spread now −0.002%, 7d avg +0.009%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance OPENAIUSDT | 1,622.5 | 0.0050 | pay 0.0050% / 8h | 6h 35m | $22.9M | $18.9M | 20x |
| Short | MEXC OPENAI_USDT | 1,622.5 | 0.0050 | get 0.0050% / 8h | 6h 35m | $13.1M | $3.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Binance. 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
- Price spread: −0.002% → +0.009%
- −$1.12
- Slippage, 4 orders
- −$27.26
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$38.38
- Costs to cover
- 0.373%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; MEXC: 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 Binance live order book, 6 min ago | 0.89 bp | 16.0 bp −$16 | 51.6 bp −$516 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.95 bp | 1.6 bp −$2 | 6.0 bp −$60 | 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 | 1,622.4 | −0.007% | $1.2M | $412K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,708.4 | +5.291% | $1.4M | $280K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,666.7 | +2.720% | $764K | $204K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,650.3 | +1.711% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,619.6 | −0.184% | $52.4M | $31.8M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,623.9 | +0.081% | $5.5M | $5.1M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,623.5 | +0.059% | — | $2.5M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,622.3 | −0.016% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,622.2 | −0.024% | $79K | $216K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,622.1 | −0.028% | $1.6M | $562K | 10x | as long as short |
Show 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 | +0.118% | $222K | $155K | 5x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,675.9 | +3.287% | $2.6M | $6.2M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,622.1 | −0.028% | $136K | $717K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,627.4 | +0.301% | $212K | $3K | 20x | as long as short |
| Binance OPENAIUSDTlong | +0.0050% | 8h | 1,622.5 | long leg | $22.9M | $18.9M | 20x | |
| MEXC OPENAI_USDTshort | +0.0050% | 8h | 1,622.5 | −0.002% | $13.1M | $3.2M | 50x | |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,626.2 | +0.223% | $377K | $68K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,622 | −0.031% | $2.6M | $759K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,624 | +0.088% | $2K | $137K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0059% | 8h | 1,629.3 | +0.414% | $477K | $280K | 20x | as long as short |
| Entropy io:OAI | +0.0077% | 1h | 1,669.5 | +2.894% | $7.4M | $2.2M | 6x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,622 | −0.031% | — | — | 10x | as long as short |
Binance OPENAIUSDT
MEXC OPENAI_USDT
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
Deribit OPENAI_USDC-PERPETUAL
HTX OPENAI-USDT
Phemex OPENAIUSDT
Coinbase International OPENAI-PERP-INTX
Lighter RH OPENAI
Extended OPENAI-USD
Aster OPENAIUSDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
BloFin OPENAI-USDT