Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h +0.203%
Price spread now: Binance against HTX−0.056%7-day average +0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$620.617% of the position
Funding, last 7 days+0.293%+$29 on $10k
+Price spread, last 4 days (all we have)+0.147%+$15 · spread now −0.056%, 7d avg +0.054%
=Funding pays, the price is against you. Binance is 0.110% cheaper against HTX than usual: you would sell low and buy high (spread −0.056% now, against its 7-day average of +0.054%). If the spread goes back, that is −$11 on $10k: about 7.3 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.293% in total) that is about 2.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX OPENAI-USDT | 1,619.8 | 0 | get 0.0000% / 8h | 2h 03m | $79K | $226K | 20x |
| Short | Binance OPENAIUSDT | 1,618.9 | 0.0050 | get 0.0050% / 8h | 2h 03m | $22.8M | $17.4M | 20x |
HTX OPENAI-USDT
Binance OPENAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against HTX. 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: −0.056% → +0.054%
- −$10.97
- Slippage, 4 orders
- −$39.66
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$62.13
- Costs to cover
- 0.617%
- Break-even
- 48.4 days
Slippage from HTX: live order book, 43 min ago; Binance: live order book, 7 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 HTX live order book, 43 min ago | 3.50 bp | 17.9 bp −$18 | 33.0 bp −$330 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 0.90 bp | 12.4 bp −$12 | 30.8 bp −$308 | 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-USD | −0.0005% | 1h | 1,618.6 | −0.077% | $1.2M | $612K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,711.4 | +5.652% | $1.4M | $265K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,659.5 | +2.451% | $753K | $205K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,648.2 | +1.752% | $5.1M | $1.4M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,615.6 | −0.261% | $52.3M | $19.7M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,619.1 | −0.042% | $5.4M | $5.0M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,619.7 | −0.007% | — | $2.4M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,619.1 | −0.046% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDTlong | 0.0000% | 8h | 1,619.8 | long leg | $79K | $226K | 20x | |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,618.7 | −0.072% | $1.6M | $520K | 10x | as long as short |
QFEX OPENAI-USD
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
Deribit OPENAI_USDC-PERPETUAL
Phemex OPENAIUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International OPENAI-PERP-INTX | +0.0016% | 1h | 1,622.8 | +0.184% | $226K | $162K | 5x | as long as short |
| BloFin OPENAI-USDT | +0.0023% | 8h | 1,619.6 | −0.012% | $469K | $290K | 20x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,678.3 | +3.610% | $2.7M | $6.2M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,618.4 | −0.085% | $141K | $896K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,622.7 | +0.178% | $211K | $3K | 20x | as long as short |
| Binance OPENAIUSDTshort | +0.0050% | 8h | 1,618.9 | −0.056% | $22.8M | $17.4M | 20x | |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,618.8 | −0.061% | $13.0M | $3.2M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,620.1 | +0.019% | $372K | $71K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,619.1 | −0.047% | $2.6M | $759K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,618.4 | −0.088% | $2K | $171K | 10x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,618.3 | −0.094% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0165% | 1h | 1,669.5 | +3.067% | $7.6M | $2.3M | 6x | as long as short |
Coinbase International OPENAI-PERP-INTX
BloFin OPENAI-USDT
Lighter RH OPENAI
Extended OPENAI-USD
Aster OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
Aevo OPENAI-PERP
Entropy io:OAI