Funding you earn now, next payment 10:00 UTC−0.0039%/8h= −4.3% APRpaid last 24h −0.012%
Price spread now: Lighter against BloFin+5.009%60s7-day average +6.281% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.104%−$10 on $10k
+Price spread, last 4 days (all we have)+3.009%+$301 · spread now +5.009%, 7d avg +6.281%
=Together, before fees+2.905%+ Points / potential airdropLighter: Season 3 · farm board+$291 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Lighter is 1.272% cheaper against BloFin than usual: you would sell low and buy high (−$127 if the spread goes back to its 7-day average of +6.281%). Swap the legs. The two prices were read 60 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 | 1,632.8 | 0.0039 | pay 0.0039% / 8h | 6h 03m | $483K | $317K | 20x |
| Short | Lighter OPENAI | 1,714.6 | 0 | get 0.0000% / 1h | 3m 46s | $1.4M | $281K | 5x |
BloFin OPENAI-USDT
Lighter OPENAIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$8.16
- Price spread: +5.009% → +6.281%
- −$127.2
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$147.36
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 45 min ago; Lighter: live order book, 6 min ago. Net counts fees only.
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, 45 min ago | 1.32 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 6 min ago | 0.79 bp | 20.8 bp −$21 | 99.7 bp −$997 | doesn't fit | doesn't fit |
OPENAI on 22 exchanges
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 | −0.0010% | 1h | 1,631.7 | −0.066% | $1.2M | $650K | 10x | as long as short |
| Lighter OPENAIshort | 0.0000% | 1h | 1,714.6 | +5.009% | $1.4M | $281K | 5x | |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,667.5 | +2.130% | $733K | $283K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,657.7 | +1.527% | $5.1M | $1.2M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,627.3 | −0.336% | $48.6M | $14.5M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,630.8 | −0.121% | $5.4M | $3.7M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,632.3 | −0.028% | — | $1.7M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,631 | −0.107% | $3K | $3K | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,632 | −0.047% | $80K | $221K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,630.4 | −0.145% | $1.6M | $502K | 10x | as long as short |
QFEX OPENAI-USD
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 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH OPENAI | +0.0032% | 1h | 1,680.4 | +2.920% | $2.8M | $6.4M | 5x | as long as short |
| BloFin OPENAI-USDTlong | +0.0039% | 8h | 1,632.8 | long leg | $483K | $317K | 20x | |
| Extended OPENAI-USD | +0.0048% | 1h | 1,630.3 | −0.150% | $142K | $814K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,632.7 | −0.003% | $213K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,630.5 | −0.138% | $23.0M | $17.0M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,631.5 | −0.077% | $6.7M | $2.5M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,634.2 | +0.087% | $378K | $210K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,632.2 | −0.032% | $2.6M | $770K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,631.2 | −0.098% | $2K | $170K | 10x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,631.3 | −0.089% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0171% | 1h | 1,671.9 | +2.397% | $7.6M | $2.4M | 6x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0720% | 1h | 1,635.2 | +0.149% | $230K | $176K | 5x | as long as short |
Lighter RH OPENAI
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
Aevo OPENAI-PERP
Entropy io:OAI
Coinbase International OPENAI-PERP-INTX