Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h —
Price spread now: Binance against Deribit−0.001%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 20 hours (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit OPENAI_USDC-PERPETUAL | 1,615.6 | 0 | get 0.0000% / 1h | 51m 42s | — | $3 | 5x |
| Short | Binance OPENAIUSDT | 1,615.6 | 0.0050 | get 0.0050% / 8h | 51m 42s | $22.8M | $17.8M | 20x |
Deribit OPENAI_USDC-PERPETUAL
Binance OPENAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Deribit. 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
- $10.5
- Price spread: −0.001% → 0.000%
- −$0.07
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$6.57
- Costs to cover
- 0.170%
- Break-even
- 11.4 days
Slippage unknown: Deribit: no order-book sample; Binance: live order book, 4 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 4 min ago | 0.80 bp | 17.2 bp −$17 | 24.9 bp −$249 | doesn't fit | doesn't fit |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0005% | 1h | 1,615.5 | −0.004% | $1.2M | $622K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,709.8 | +5.835% | $1.4M | $267K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,657.7 | +2.609% | $738K | $263K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,646 | +1.884% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,613.4 | −0.132% | $45.1M | $13.6M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,617.2 | +0.102% | $5.4M | $4.6M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,617.6 | +0.126% | — | $2.4M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUALlong | 0.0000% | 1h | 1,615.6 | long leg | — | $3 | 5x | |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,616.4 | +0.054% | $79K | $227K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,615.3 | −0.016% | $1.6M | $513K | 10x | as long as short |
QFEX OPENAI-USD
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
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 | 1,674.4 | +3.640% | $2.6M | $6.0M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,615.3 | −0.016% | $142K | $716K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,618 | +0.151% | $211K | $3K | 20x | as long as short |
| Binance OPENAIUSDTshort | +0.0050% | 8h | 1,615.6 | −0.001% | $22.8M | $17.8M | 20x | |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,616.2 | +0.037% | $6.6M | $5.0M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,619.9 | +0.270% | $375K | $70K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,617.3 | +0.106% | $2.6M | $753K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,617.9 | +0.147% | $2K | $181K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0057% | 8h | 1,616.2 | +0.038% | $473K | $302K | 20x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0072% | 1h | 1,620.1 | +0.280% | $226K | $165K | 5x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,615.7 | +0.010% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0164% | 1h | 1,668.6 | +3.282% | $7.6M | $2.3M | 6x | as long as short |
Lighter RH OPENAI
Extended OPENAI-USD
Aster OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
BloFin OPENAI-USDT
Coinbase International OPENAI-PERP-INTX
Aevo OPENAI-PERP
Entropy io:OAI