Funding you earn now, next payment 08:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.09 per $10,000 · paid last 24h +0.003%
Price spread now: Aster against BloFin+0.210%102s7-day average +0.139% · you sell dearer than you buy
Net, funding: paid 7d − costs−$509as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$5095.086% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 4 days (all we have)−0.134%−$13 · spread now +0.210%, 7d avg +0.139%
=Together, before fees−0.136%+ Points / potential airdropAster: Stage 5 · farm board−$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Aster is 0.071% dearer against BloFin than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.139%. The two prices were read 102 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 | BloFin OPENAI-USDT | 1,617.6 | 0.0041 | pay 0.0041% / 8h | 1h 41m | $474K | $289K | 20x |
| Short | Aster OPENAIUSDT | 1,621 | 0.0050 | get 0.0050% / 8h | 1h 41m | $211K | $3K | 20x |
BloFin OPENAI-USDT
Aster OPENAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against BloFin. 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
- $1.95
- Price spread: +0.210% → +0.139%
- $7.07
- Slippage, 4 orders
- −$488.59
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$499.57
- Costs to cover
- 5.086%
- Break-even
- 1796.1 days
Slippage from BloFin: live order book, 44 min ago; Aster: live order book, 65 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 BloFin live order book, 44 min ago | 0.99 bp | 12.1 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 65 min ago | 68.53 bp | 114.8 bp −$115 | 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 | −0.0002% | 1h | 1,617.1 | −0.030% | $1.2M | $607K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,712.1 | +5.844% | $1.4M | $264K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,659.1 | +2.566% | $753K | $205K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,647.5 | +1.850% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,613.9 | −0.226% | $52.2M | $18.1M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,617.7 | +0.007% | $5.4M | $4.6M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,619.1 | +0.094% | — | $2.4M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,617.9 | +0.017% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,618.4 | +0.051% | $79K | $226K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,617.4 | −0.011% | $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 | 1,679.4 | +3.821% | $2.7M | $6.0M | 5x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0040% | 1h | 1,625 | +0.461% | $226K | $162K | 5x | as long as short |
| BloFin OPENAI-USDTlong | +0.0041% | 8h | 1,617.6 | long leg | $474K | $289K | 20x | |
| Extended OPENAI-USD | +0.0048% | 1h | 1,617.2 | −0.025% | $144K | $817K | 10x | as long as short |
| Aster OPENAIUSDTshort | +0.0050% | 8h | 1,621 | +0.210% | $211K | $3K | 20x | |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,617.5 | −0.007% | $22.8M | $16.9M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,615.1 | −0.151% | $13.0M | $3.2M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,620.3 | +0.166% | $372K | $69K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,617.3 | −0.015% | $2.6M | $757K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,618.4 | +0.052% | $2K | $176K | 10x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,617.1 | −0.031% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0126% | 1h | 1,669.5 | +3.210% | $7.7M | $2.3M | 6x | as long as short |
Lighter RH OPENAI
Coinbase International OPENAI-PERP-INTX
Extended OPENAI-USD
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
Aevo OPENAI-PERP
Entropy io:OAI