Funding you earn now, next payment 08:00 UTC+0.0035%/8h= +3.9% APRnext payment +$0.35 per $10,000 · paid last 24h +0.201%
Price spread now: BloFin against HTX−0.075%59s7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$600.605% of the position
Funding, last 7 days+0.295%+$29 on $10k
+Price spread, last 4 days (all we have)+0.153%+$15 · spread now −0.075%, 7d avg +0.021%
=Funding pays, the price is against you. BloFin is 0.096% cheaper against HTX than usual: you would sell low and buy high (spread −0.075% now, against its 7-day average of +0.021%). If the spread goes back, that is −$10 on $10k: about 9.1 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.295% in total) that is about 2.3 days. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX OPENAI-USDT | 1,617.1 | 0 | get 0.0000% / 8h | 9m 49s | $79K | $225K | 20x |
| Short | BloFin OPENAI-USDT | 1,615.9 | 0.0035 | get 0.0035% / 8h | 9m 49s | $475K | $294K | 20x |
HTX OPENAI-USDT
BloFin OPENAI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $7.4
- Price spread: −0.075% → +0.021%
- −$9.6
- Slippage, 4 orders
- −$36.47
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$62.67
- Costs to cover
- 0.605%
- Break-even
- 66.3 days
Slippage from HTX: live order book, 27 min ago; BloFin: 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 HTX live order book, 27 min ago | 3.37 bp | 14.1 bp −$14 | 40.7 bp −$407 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 6 min ago | 0.40 bp | 17.5 bp −$18 | 20.3 bp −$203 | 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 | 1,616.2 | −0.059% | $1.2M | $627K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,705.9 | +5.488% | $1.4M | $269K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,653.7 | +2.265% | $735K | $269K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,641.2 | +1.490% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,614.9 | −0.134% | $45.5M | $14.1M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,617.3 | +0.012% | $5.3M | $4.5M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,617.8 | +0.043% | — | $2.4M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,617.6 | +0.028% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDTlong | 0.0000% | 8h | 1,617.1 | long leg | $79K | $225K | 20x | |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,616.3 | −0.050% | $1.6M | $502K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH OPENAI | +0.0032% | 1h | 1,672.7 | +3.436% | $2.7M | $6.2M | 5x | as long as short |
| BloFin OPENAI-USDTshort | +0.0035% | 8h | 1,615.9 | −0.075% | $475K | $294K | 20x | |
| Extended OPENAI-USD | +0.0048% | 1h | 1,616.3 | −0.053% | $142K | $806K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,619.2 | +0.129% | $211K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,616.6 | −0.029% | $22.8M | $16.7M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,617.2 | +0.006% | $6.6M | $5.0M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,616.4 | −0.044% | $372K | $73K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,615.5 | −0.102% | $2.6M | $760K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,616.4 | −0.045% | $2K | $176K | 10x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0072% | 1h | 1,623.7 | +0.410% | $235K | $174K | 5x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,616.6 | −0.031% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0122% | 1h | 1,665.2 | +2.974% | $7.6M | $2.3M | 6x | as long as short |
Lighter RH OPENAI
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