Funding you earn now, next payment 04:00 UTC+0.0044%/8h= +4.8% APRpaid last 24h +0.003%
Price spread now: BloFin against Lighter RH−3.464%61s7-day average −4.644% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.039%+$4 on $10k
+Price spread, last 4 days (all we have)−2.301%−$230 · spread now −3.464%, 7d avg −4.644%
=Together, before fees−2.261%+ Points / potential airdropLighter RH: Points live · farm board−$226 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 1.180% dearer against Lighter RH than usual: you sell high and buy low: +$118 more if the spread goes back to its 7-day average of −4.644%. The two prices were read 61 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 RH OPENAI | 1,680.8 | 0.0032 | pay 0.0004% / 1h | 10m 03s | $2.7M | $6.2M | 5x |
| Short | BloFin OPENAI-USDT | 1,622.6 | 0.0076 | get 0.0076% / 8h | 4h 10m | $474K | $286K | 20x |
Lighter RH OPENAI
BloFin OPENAI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Lighter RH. 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
- $9.23
- Price spread: −3.464% → −4.644%
- $117.98
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $115.21
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Lighter RH: live order book, 3 min ago; BloFin: live order book, 26 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 RH live order book, 3 min ago | 1.61 bp | 5.3 bp −$5 | 53.6 bp −$536 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 26 min ago | 1.41 bp | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International OPENAI-PERP-INTX | −0.0024% | 1h | 1,624.9 | −3.326% | $226K | $161K | 5x | as long as short |
| QFEX OPENAI-USD | −0.0004% | 1h | 1,622.5 | −3.474% | $1.2M | $549K | 10x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,663.8 | −1.016% | $755K | $207K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,652 | −1.716% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,619.2 | −3.670% | $52.4M | $28.1M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,623.7 | −3.399% | $5.5M | $5.0M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,623.6 | −3.405% | — | $2.4M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,621.8 | −3.511% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,623.3 | −3.422% | $79K | $220K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,622.1 | −3.493% | $1.6M | $546K | 10x | as long as short |
Coinbase International OPENAI-PERP-INTX
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 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter OPENAI | +0.0008% | 1h | 1,713.3 | +1.932% | $1.4M | $266K | 5x | as long as short |
| Lighter RH OPENAIlong | +0.0032% | 1h | 1,680.8 | long leg | $2.7M | $6.2M | 5x | |
| Extended OPENAI-USD | +0.0048% | 1h | 1,621.9 | −3.505% | $141K | $740K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,627.5 | −3.172% | $212K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,622.3 | −3.480% | $22.9M | $17.9M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,622.5 | −3.471% | $13.0M | $3.2M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,625.3 | −3.303% | $375K | $70K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,622.4 | −3.478% | $2.6M | $766K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,623.1 | −3.433% | $2K | $150K | 10x | as long as short |
| BloFin OPENAI-USDTshort | +0.0076% | 8h | 1,622.6 | −3.464% | $474K | $286K | 20x | |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,622.3 | −3.484% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0235% | 1h | 1,675.2 | −0.336% | $7.7M | $2.3M | 6x | as long as short |
Lighter 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