Funding you earn now, next payment 08:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter RH against Gate+3.636%7-day average +5.773% · 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−$258as in the Price arb table
costs, in and out, $10k−$450.446% of the position
Funding, last 7 days+0.067%+$7 on $10k
+Price spread, last 7 days+3.429%+$343 · spread now +3.636%, 7d avg +5.773%
=Together, before fees+3.496%+ Points / potential airdropLighter RH: Points live · farm board+$350 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter RH is 2.137% cheaper against Gate than usual: you would sell low and buy high (spread +3.636% now, against its 7-day average of +5.773%). If the spread goes back, that is −$214 on $10k: about 7 months of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate OPENAI_USDT | 1,614.1 | 0 | get 0.0000% / 8h | 45m 56s | $45.2M | $13.7M | 50x |
| Short | Lighter RH OPENAI | 1,672.8 | 0.0032 | get 0.0004% / 1h | 45m 56s | $2.6M | $6.0M | 5x |
Gate OPENAI_USDT
Lighter RH OPENAIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Gate. 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
- $6.72
- Price spread: +3.636% → +5.773%
- −$213.72
- Slippage, 4 orders
- −$29.65
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$251.65
- Costs to cover
- 0.446%
- Break-even
- 269.1 days
Slippage from Gate: live order book, 3 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 Gate live order book, 3 min ago | 0.09 bp | 25.4 bp −$25 | 296.9 bp −$2,969 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 3 min ago | 1.08 bp | 3.1 bp −$3 | 99.8 bp −$998 | 543.8 bp −$54.4K | 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-USD | −0.0005% | 1h | 1,616.3 | +0.136% | $1.2M | $622K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,708.2 | +5.831% | $1.4M | $268K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,657.8 | +2.711% | $738K | $263K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,646.5 | +2.009% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDTlong | 0.0000% | 8h | 1,614.1 | long leg | $45.2M | $13.7M | 50x | |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,617.9 | +0.238% | $5.4M | $4.6M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,617.6 | +0.219% | — | $2.4M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,616.5 | +0.153% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,616.4 | +0.147% | $79K | $227K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,616 | +0.120% | $1.6M | $511K | 10x | as long as short |
QFEX OPENAI-USD
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Bitget OPENAIUSDT
SunX OPENAI-USDT
Deribit OPENAI_USDC-PERPETUAL
HTX OPENAI-USDT
Phemex OPENAIUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin OPENAI-USDT | +0.0022% | 8h | 1,616.4 | +0.145% | $474K | $300K | 20x | as long as short |
| Lighter RH OPENAIshort | +0.0032% | 1h | 1,672.8 | +3.636% | $2.6M | $6.0M | 5x | |
| Extended OPENAI-USD | +0.0048% | 1h | 1,616 | +0.119% | $145K | $769K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,619.3 | +0.325% | $211K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,616.4 | +0.146% | $22.8M | $17.7M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,615.3 | +0.076% | $6.6M | $5.0M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,619.9 | +0.363% | $375K | $70K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,615 | +0.055% | $2.6M | $758K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,617.1 | +0.186% | $2K | $182K | 10x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0072% | 1h | 1,620.1 | +0.374% | $226K | $165K | 5x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,616.3 | +0.136% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0145% | 1h | 1,667.5 | +3.310% | $7.6M | $2.3M | 6x | as long as short |
BloFin OPENAI-USDT
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
Coinbase International OPENAI-PERP-INTX
Aevo OPENAI-PERP
Entropy io:OAI