Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bybit−2.130%7-day average −3.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$214as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$2142.138% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.598%−$60 · spread now −2.130%, 7d avg −3.038%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.908% dearer against Bybit than usual: you sell high and buy low, +$91 on $10k if it goes back to its 7-day average of −3.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit OPENAIUSDT | 1,677.2 | 0 | get 0.0000% / 8h | 5h 02m | $719K | $288K | 25x |
| Short | Gate OPENAI_USDT | 1,641.4 | 0 | get 0.0000% / 8h | 5h 02m | $50.1M | $17.0M | 50x |
Bybit OPENAIUSDT
Gate OPENAI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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: −2.130% → −3.038%
- $90.83
- Slippage, 4 orders
- −$187.75
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$122.93
- Costs to cover
- 2.138%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 40 min ago; Gate: live order book, 4 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 Bybit live order book, 40 min ago | 15.23 bp | 94.3 bp −$94 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 0.09 bp | 9.7 bp −$10 | 183.6 bp −$1,836 | 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 | −0.0003% | 1h | 1,644.3 | −1.958% | $1.2M | $682K | 10x | as long as short |
| Bybit OPENAIUSDTlong | 0.0000% | 8h | 1,677.2 | long leg | $719K | $288K | 25x | |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,665.7 | −0.683% | $5.1M | $1.2M | 20x | as long as short |
| Gate OPENAI_USDTshort | 0.0000% | 8h | 1,641.4 | −2.130% | $50.1M | $17.0M | 50x | |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,644.3 | −1.958% | $5.6M | $3.6M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,644.6 | −1.941% | — | $1.6M | 10x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,644.6 | −1.944% | $80K | $174K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,643.3 | −2.017% | $1.6M | $508K | 10x | as long as short |
| Lighter OPENAI | +0.0008% | 1h | 1,725.9 | +2.906% | $1.4M | $277K | 5x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,693.4 | +0.967% | $2.8M | $6.4M | 5x | as long as short |
QFEX OPENAI-USD
OKX OPENAI-USDT-SWAP
Bitget OPENAIUSDT
SunX OPENAI-USDT
HTX OPENAI-USDT
Phemex OPENAIUSDT
Lighter OPENAI
Lighter RH OPENAIShow all 22 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended OPENAI-USD | +0.0048% | 1h | 1,643.7 | −1.994% | $143K | $810K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,646.8 | −1.810% | $215K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,644.3 | −1.962% | $23.2M | $17.7M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,642.6 | −2.061% | $6.7M | $2.5M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,650.9 | −1.567% | $383K | $277K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,643.5 | −2.005% | $2.6M | $773K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,642.3 | −2.076% | $2K | $171K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0055% | 8h | 1,643.7 | −1.993% | $488K | $326K | 20x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,644 | −1.980% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0211% | 1h | 1,682.1 | +0.295% | $7.8M | $2.5M | 6x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0712% | 1h | 1,649.1 | −1.673% | $232K | $176K | 5x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | +0.1176% | 1h | 1,643.9 | −1.983% | $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
BloFin OPENAI-USDT
Aevo OPENAI-PERP
Entropy io:OAI
Coinbase International OPENAI-PERP-INTX
Deribit OPENAI_USDC-PERPETUAL