Funding you earn now, next payment 12:00 UTC−0.0003%/8h= −0.3% APRpaid last 24h −0.003%
Price spread now: Lighter RH against BloFin+3.058%7-day average +4.536% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$182as in the Price arb table
costs, in and out, $10k−$340.343% of the position
Funding, last 7 days−0.039%−$4 on $10k
+Price spread, last 4 days (all we have)+2.757%+$276 · spread now +3.058%, 7d avg +4.536%
=Together, before fees+2.718%+ Points / potential airdropLighter RH: Points live · farm board+$272 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter RH is 1.478% cheaper against BloFin than usual: you would sell low and buy high, −$148 on $10k if it goes back to its 7-day average of +4.536%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin OPENAI-USDT | 1,656.2 | 0.0035 | pay 0.0035% / 8h | 4h 49m | $489K | $341K | 20x |
| Short | Lighter RH OPENAI | 1,706.8 | 0.0032 | get 0.0004% / 1h | 49m 04s | $2.8M | $6.3M | 5x |
BloFin OPENAI-USDT
Lighter RH OPENAIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- −$0.66
- Price spread: +3.058% → +4.536%
- −$147.84
- Slippage, 4 orders
- −$22.26
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$182.77
- Costs to cover
- 0.343%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 55 min ago; Lighter RH: 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 BloFin live order book, 55 min ago | 0.40 bp | 12.6 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 3 min ago | 4.82 bp | 4.9 bp −$5 | 48.8 bp −$488 | 658.5 bp −$65.8K | 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 | −0.0001% | 1h | 1,656.5 | +0.018% | $1.2M | $700K | 10x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,690.8 | +2.089% | $720K | $314K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,683.9 | +1.673% | $5.2M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,653.6 | −0.155% | $51.5M | $18.4M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,657.4 | +0.071% | $5.6M | $3.7M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,656.8 | +0.037% | — | $1.6M | 10x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,659.4 | +0.193% | $81K | $172K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,656.8 | +0.037% | $1.7M | $508K | 10x | as long as short |
| Lighter RH OPENAIshort | +0.0032% | 1h | 1,706.8 | +3.058% | $2.8M | $6.3M | 5x | |
| BloFin OPENAI-USDTlong | +0.0035% | 8h | 1,656.2 | long leg | $489K | $341K | 20x |
QFEX OPENAI-USD
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
HTX OPENAI-USDT
Phemex OPENAIUSDTShow all 22 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended OPENAI-USD | +0.0048% | 1h | 1,656.1 | −0.007% | $147K | $901K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,659.6 | +0.208% | $217K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,657.2 | +0.060% | $23.5M | $18.8M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,657.9 | +0.101% | $6.7M | $2.5M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,663.7 | +0.451% | $390K | $315K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,658.4 | +0.133% | $2.6M | $774K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,659.1 | +0.173% | $2K | $174K | 10x | as long as short |
| Lighter OPENAI | +0.0088% | 1h | 1,736.3 | +4.838% | $1.5M | $272K | 5x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,656.1 | −0.004% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0729% | 1h | 1,697.7 | +2.506% | $7.9M | $2.6M | 6x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.1008% | 1h | 1,665.7 | +0.572% | $234K | $181K | 5x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | +0.4422% | 1h | 1,657.7 | +0.092% | $3K | $3K | 5x | as long as short |
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
Lighter OPENAI
Aevo OPENAI-PERP
Entropy io:OAI
Coinbase International OPENAI-PERP-INTX
Deribit OPENAI_USDC-PERPETUAL