Funding you earn now, next payment 01:00 UTC−0.0041%/8h= −4.5% APRpaid last 24h −0.057%
Price spread now: Aster against Entropy−2.491%7-day average −4.388% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.505%−$51 on $10k
+Price spread, last 4 days (all we have)−2.927%−$293 · spread now −2.491%, 7d avg −4.388%
=Together, before fees−3.433%+ Points / potential airdropAster: Stage 5 · farm board−$343 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 1.898% dearer against Entropy than usual: you sell high and buy low (spread −2.491% now, against its 7-day average of −4.388%): +$190 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5 months. At the pace of the last 7 days (−0.505% in total) that is about 26 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Entropy io:OAI | 1,676.2 | 0.0091 | pay 0.0011% / 1h | 49m 03s | $7.4M | $2.2M | 6x |
| Short | Aster OPENAIUSDT | 1,634.5 | 0.0050 | get 0.0050% / 8h | 7h 49m | $213K | $3K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Entropy. 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
- −$8.67
- Price spread: −2.491% → −4.388%
- $189.78
- Slippage, 4 orders
- no order book: not counted
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $155.11
- Costs to cover
- 0.260%
- Break-even
- from the start
Slippage unknown: Entropy: live order book, 6 min ago; Aster: live order book, 22 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 Entropy live order book, 6 min ago | 1.79 bp | 17.1 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 22 min ago | 34.76 bp | 76.2 bp −$76 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit OPENAI_USDC-PERPETUAL | −0.0074% | 1h | 1,627.8 | −2.887% | — | $3 | 5x | as long as short |
| Coinbase International OPENAI-PERP-INTX | −0.0024% | 1h | 1,627.8 | −2.886% | $230K | $152K | 5x | as long as short |
| QFEX OPENAI-USD | 0.0000% | 1h | 1,627.8 | −2.886% | $1.2M | $386K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,709.8 | +2.004% | $1.4M | $282K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,671.7 | −0.269% | $770K | $209K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,660.3 | −0.949% | $5.1M | $1.4M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,624.8 | −3.069% | $52.6M | $39.2M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,628 | −2.873% | $5.5M | $5.1M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,628.8 | −2.828% | — | $2.6M | 10x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,627.9 | −2.883% | $79K | $214K | 20x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,627.3 | −2.919% | $1.6M | $561K | 10x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,681.6 | +0.320% | $2.7M | $6.2M | 5x | as long as short |
| BloFin OPENAI-USDT | +0.0036% | 8h | 1,628.2 | −2.866% | $473K | $278K | 20x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,627.7 | −2.890% | $134K | $715K | 10x | as long as short |
| Aster OPENAIUSDTshort | +0.0050% | 8h | 1,634.5 | −2.491% | $213K | $3K | 20x | |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,627.9 | −2.879% | $23.1M | $18.9M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,627.5 | −2.904% | $13.1M | $3.2M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,637.1 | −2.333% | $378K | $65K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,626.8 | −2.946% | $2.6M | $752K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,631.6 | −2.661% | $2K | $139K | 10x | as long as short |
| Entropy io:OAIlong | +0.0091% | 1h | 1,676.2 | long leg | $7.4M | $2.2M | 6x | |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,627.9 | −2.884% | — | — | 10x | as long as short |
Aster OPENAIUSDT
Deribit OPENAI_USDC-PERPETUAL
Coinbase International OPENAI-PERP-INTX
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
HTX OPENAI-USDT
Phemex OPENAIUSDT
Lighter RH OPENAI
BloFin OPENAI-USDT
Extended OPENAI-USD
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp