Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.188%
Price spread now: Bybit against HTX+2.401%7-day average +2.985% · you sell dearer than you buy
Net, funding: paid 7d − costs−$184as in the Funding arb table
Net, price: spread back to 7d avg − costs−$261as in the Price arb table
costs, in and out, $10k−$2032.028% of the position
Funding, last 7 days+0.188%+$19 on $10k
+Price spread, last 3 days (all we have)+0.358%+$36 · spread now +2.401%, 7d avg +2.985%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.584% cheaper against HTX than usual: you would sell low and buy high, −$58 on $10k if it goes back to its 7-day average of +2.985%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX OPENAI-USDT | 1,638.8 | 0 | get 0.0000% / 8h | 3h 31m | $79K | $211K | 20x |
| Short | Bybit OPENAIUSDT | 1,678.1 | 0 | get 0.0000% / 8h | 3h 31m | $755K | $221K | 25x |
HTX OPENAI-USDT
Bybit OPENAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: +2.401% → +2.985%
- −$58.37
- Slippage, 4 orders
- −$179.78
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$261.14
- Costs to cover
- 2.028%
- Break-even
- never at this rate
Slippage from HTX: live order book, 15 min ago; Bybit: live order book, 14 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, 15 min ago | 0.49 bp | 29.0 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 14 min ago | 14.64 bp | 77.6 bp −$78 | 997.9 bp −$9,979 | 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 | −0.0337% | 1h | 1,636 | −0.167% | — | $3 | 5x | as long as short |
| Entropy io:OAI | −0.0137% | 1h | 1,671.8 | +2.017% | $7.4M | $2.2M | 6x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,707.3 | +4.180% | $1.4M | $373K | 5x | as long as short |
| Bybit OPENAIUSDTshort | 0.0000% | 8h | 1,678.1 | +2.401% | $755K | $221K | 25x | |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,663.1 | +1.486% | $5.1M | $1.4M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,632.6 | −0.374% | $53.1M | $52.0M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,638 | −0.049% | $5.5M | $4.9M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,636.9 | −0.113% | — | $2.6M | 10x | as long as short |
| HTX OPENAI-USDTlong | 0.0000% | 8h | 1,638.8 | long leg | $79K | $211K | 20x | |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,635.3 | −0.208% | $1.6M | $595K | 10x | as long as short |
Deribit OPENAI_USDC-PERPETUAL
Entropy io:OAI
Lighter OPENAI
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
Phemex OPENAIUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX OPENAI-USD | +0.0003% | 1h | 1,635.9 | −0.173% | $1.2M | $369K | 10x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,668.8 | +1.835% | $2.6M | $6.2M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,635.4 | −0.204% | $136K | $655K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0050% | 8h | 1,635 | −0.227% | $476K | $290K | 20x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,635.6 | −0.192% | $213K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,635.6 | −0.193% | $23.4M | $21.4M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,635.8 | −0.183% | $13.0M | $3.1M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,641.4 | +0.160% | $376K | $66K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,637.1 | −0.099% | $2.7M | $680K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,633.7 | −0.308% | $2K | $154K | 10x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,635.9 | −0.175% | — | — | 10x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.1928% | 1h | 1,638.7 | −0.001% | $238K | $107K | 5x | as long as short |
QFEX OPENAI-USD
Lighter RH OPENAI
Extended OPENAI-USD
BloFin OPENAI-USDT
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
Aevo OPENAI-PERP
Coinbase International OPENAI-PERP-INTX