OPENAI

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.4% APRpaid last 24h −0.016%

Price spread now: QFEX against Binance0.000%7-day average 0.000% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$560.557% of the position

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.059%−$6 on $10k

Price spread, last 2 days (all we have)−0.009%−$1 · spread now 0.000%, 7d avg 0.000%

Together, before fees−0.069%−$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of 0.000%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

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	5h 52m	$22.9M	$17.9M	20x
Short	QFEX OPENAI-USD	1,622.5	0.0000	get 0.0000% / 1h	52m 14s	$1.2M	$437K	10x

Funding history

latest

Range statsloading…

QFEX against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee BinancebpFee QFEXbpOrdersPrice spread, now 0.000%Rate

Slippage from Binance: live order book, 4 min ago; QFEX: live order book, 9 min ago.

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, 4 min ago	0.80 bp	19.3 bp −$19	52.9 bp −$529	doesn't fit	doesn't fit
Sell QFEX live order book, 9 min ago	2.25 bp	9.3 bp −$9	15.4 bp −$154	doesn't fit	doesn't fit

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	−0.0104%	1h	1,623.3	+0.045%	$224K	$158K	5x	as long as short
Lighter OPENAI	0.0000%	1h	1,708.1	+5.271%	$1.4M	$268K	5x	as long as short
Bybit OPENAIUSDT	0.0000%	8h	1,666.2	+2.692%	$764K	$203K	25x	as long as short
OKX OPENAI-USDT-SWAP	0.0000%	8h	1,651.1	+1.760%	$5.1M	$1.3M	20x	as long as short
Gate OPENAI_USDT	0.0000%	8h	1,619.8	−0.171%	$52.4M	$28.7M	50x	as long as short
Bitget OPENAIUSDT	0.0000%	8h	1,624.6	+0.127%	$5.5M	$5.1M	20x	as long as short
SunX OPENAI-USDT	0.0000%	8h	1,623.5	+0.059%	—	$2.4M	10x	as long as short
Deribit OPENAI_USDC-PERPETUAL	0.0000%	1h	1,623.4	+0.052%	—	$3	5x	as long as short
HTX OPENAI-USDT	0.0000%	8h	1,623	+0.031%	$79K	$216K	20x	as long as short
Phemex OPENAIUSDT	0.0000%	8h	1,622.3	−0.018%	$1.6M	$546K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX OPENAI-USDshort	0.0000%	1h	1,622.5	0.000%	$1.2M	$437K	10x
Lighter RH OPENAI	+0.0032%	1h	1,675.3	+3.253%	$2.7M	$6.1M	5x	as long as short
Extended OPENAI-USD	+0.0048%	1h	1,622.1	−0.026%	$131K	$720K	10x	as long as short
Aster OPENAIUSDT	+0.0050%	8h	1,628.6	+0.371%	$212K	$3K	20x	as long as short
Binance OPENAIUSDTlong	+0.0050%	8h	1,622.5	long leg	$22.9M	$17.9M	20x
MEXC OPENAI_USDT	+0.0050%	8h	1,622.8	+0.016%	$13.0M	$3.2M	50x	as long as short
KuCoin OPENAIUSDTM	+0.0050%	8h	1,621.9	−0.039%	$373K	$71K	20x	as long as short
Variational Omni OPENAI	+0.0050%	8h	1,623.1	+0.034%	$2.6M	$752K	—	as long as short
GRVT OPENAI_USDT_Perp	+0.0050%	8h	1,622	−0.030%	$2K	$138K	10x	as long as short
Entropy io:OAI	+0.0100%	1h	1,667.9	+2.796%	$7.4M	$2.1M	6x	as long as short
Aevo OPENAI-PERP	+0.0104%	1h	1,622.1	−0.028%	—	—	10x	as long as short