Funding you earn now, next payment 10:00 UTC+0.0029%/8h= +3.2% APRpaid last 24h +0.012%
Price spread now: BloFin against Lighter−4.894%60s7-day average −6.281% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.104%+$10 on $10k
+Price spread, last 4 days (all we have)−3.124%−$312 · spread now −4.894%, 7d avg −6.281%
=Together, before fees−3.021%+ Points / potential airdropLighter: Season 3 · farm board−$302 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 1.387% dearer against Lighter than usual: you sell high and buy low: +$139 more if the spread goes back to its 7-day average of −6.281%. The two prices were read 60 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 | Lighter OPENAI | 1,714.2 | 0 | get 0.0000% / 1h | 8m 13s | $1.4M | $278K | 5x |
| Short | BloFin OPENAI-USDT | 1,630.3 | 0.0029 | get 0.0029% / 8h | 6h 08m | $482K | $315K | 20x |
Lighter OPENAI
BloFin OPENAI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Lighter. 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
- $6.16
- Price spread: −4.894% → −6.281%
- $138.74
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $132.9
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Lighter: live order book, 1 min ago; BloFin: live order book, 40 min ago. Net counts fees only.
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 Lighter live order book, 1 min ago | 0.79 bp | 45.6 bp −$46 | 455.0 bp −$4,550 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 40 min ago | 1.32 bp | 11.2 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
OPENAI on 22 exchanges
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 | −0.0010% | 1h | 1,631.4 | −4.826% | $1.2M | $648K | 10x | as long as short |
| Lighter OPENAIlong | 0.0000% | 1h | 1,714.2 | long leg | $1.4M | $278K | 5x | |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,666.2 | −2.799% | $732K | $284K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,659.5 | −3.189% | $5.1M | $1.2M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,629.5 | −4.942% | $48.5M | $14.2M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,632.5 | −4.764% | $5.4M | $3.7M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,632.2 | −4.782% | — | $1.8M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,630.6 | −4.877% | $3K | $3K | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,631.7 | −4.809% | $79K | $222K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,631.4 | −4.831% | $1.6M | $501K | 10x | as long as short |
QFEX OPENAI-USD
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
Deribit OPENAI_USDC-PERPETUAL
HTX OPENAI-USDT
Phemex OPENAIUSDTShow all 22 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin OPENAI-USDTshort | +0.0029% | 8h | 1,630.3 | −4.894% | $482K | $315K | 20x | |
| Lighter RH OPENAI | +0.0032% | 1h | 1,680.1 | −1.986% | $2.8M | $6.3M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,631.1 | −4.845% | $142K | $814K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,634.1 | −4.673% | $213K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,631.6 | −4.815% | $23.0M | $16.9M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,633.3 | −4.717% | $6.7M | $2.5M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,634.4 | −4.653% | $378K | $205K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,631.6 | −4.816% | $2.6M | $770K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,630.9 | −4.859% | $2K | $169K | 10x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,631.3 | −4.837% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0172% | 1h | 1,671.7 | −2.478% | $7.6M | $2.4M | 6x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0720% | 1h | 1,633.5 | −4.709% | $230K | $175K | 5x | 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
Aevo OPENAI-PERP
Entropy io:OAI
Coinbase International OPENAI-PERP-INTX