Funding you earn now, next payment 07:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h −0.015%
Price spread now: QFEX against Extended+0.016%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$950.955% of the position
Funding, last 4 days (all we have)−0.057%−$6 on $10k
+Price spread, last 4 days (all we have)+0.019%+$2 · spread now +0.016%, 7d avg +0.026%
=Together, before fees−0.038%+ Points / potential airdropExtended: Active · farm board−$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.026%, 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 | Extended OPENAI-USD | 1,617 | 0.0048 | pay 0.0006% / 1h | 40m 22s | $144K | $793K | 10x |
| Short | QFEX OPENAI-USD | 1,617.2 | −0.0002 | pay 0.0000% / 1h | 40m 22s | $1.2M | $607K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Extended. 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: +0.016% → +0.026%
- −$1.05
- Slippage, 4 orders
- −$80.46
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$107.02
- Costs to cover
- 0.955%
- Break-even
- never at this rate
Slippage from Extended: live order book, 3 min ago; QFEX: live order book, 6 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 Extended live order book, 3 min ago | 3.71 bp | 40.2 bp −$40 | 274.6 bp −$2,746 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 6 min ago | 2.01 bp | 8.0 bp −$8 | 18.2 bp −$182 | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX OPENAI-USDshort | −0.0002% | 1h | 1,617.2 | +0.016% | $1.2M | $607K | 10x | |
| Lighter OPENAI | 0.0000% | 1h | 1,712.5 | +5.909% | $1.4M | $264K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,660.6 | +2.696% | $753K | $205K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,648.5 | +1.951% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,614.7 | −0.139% | $52.3M | $18.1M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,618.8 | +0.116% | $5.4M | $4.6M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,618.8 | +0.114% | — | $2.4M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,616.4 | −0.034% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,617.7 | +0.046% | $79K | $226K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,617.6 | +0.039% | $1.6M | $511K | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH OPENAI | +0.0032% | 1h | 1,679.9 | +3.890% | $2.7M | $6.0M | 5x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0040% | 1h | 1,625 | +0.500% | $226K | $162K | 5x | as long as short |
| Extended OPENAI-USDlong | +0.0048% | 1h | 1,617 | long leg | $144K | $793K | 10x | |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,620.9 | +0.244% | $211K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,617.4 | +0.025% | $22.8M | $16.9M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,617.9 | +0.060% | $13.0M | $3.2M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,620.3 | +0.205% | $372K | $69K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,617.7 | +0.048% | $2.6M | $757K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,618.4 | +0.091% | $2K | $176K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0057% | 8h | 1,615.5 | −0.092% | $474K | $288K | 20x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,617.1 | +0.010% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0128% | 1h | 1,669.5 | +3.250% | $7.7M | $2.3M | 6x | as long as short |
Extended OPENAI-USD
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
Deribit OPENAI_USDC-PERPETUAL
HTX OPENAI-USDT
Phemex OPENAIUSDT
Lighter RH OPENAI
Coinbase International OPENAI-PERP-INTX
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
BloFin OPENAI-USDT