Funding you earn now, next payment 05:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.08 per $10,000 · paid last 24h +0.056%
Price spread now: Entropy against Lighter RH−0.377%7-day average −0.473% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.533%+$53 on $10k
+Price spread, last 7 days−0.110%−$11 · spread now −0.377%, 7d avg −0.473%
=Together, before fees+0.423%+ Points / potential airdropLighter RH: Points live · farm board+$42 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Entropy is 0.096% dearer against Lighter RH than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.473%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH OPENAI | 1,673.5 | 0.0032 | pay 0.0004% / 1h | 3m 33s | $2.6M | $6.2M | 5x |
| Short | Entropy io:OAI | 1,667.2 | 0.0096 | get 0.0012% / 1h | 3m 33s | $7.6M | $2.3M | 6x |
Lighter RH OPENAI
Entropy io:OAIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy 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
- $13.38
- Price spread: −0.377% → −0.473%
- $9.56
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- $4.94
- Costs to cover
- 0.180%
- Break-even
- 4.4 days
Slippage unknown: Lighter RH: live order book, 5 min ago; Entropy: live order book, 2 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, 5 min ago | 1.02 bp | 7.6 bp −$8 | 54.4 bp −$544 | doesn't fit | doesn't fit |
| Sell Entropy live order book, 2 min ago | 1.80 bp | 30.6 bp −$31 | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX OPENAI-USD | −0.0001% | 1h | 1,614.7 | −3.515% | $1.2M | $586K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,706.2 | +1.956% | $1.4M | $265K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,658.5 | −0.897% | $753K | $206K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,646.7 | −1.602% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,611.7 | −3.696% | $52.2M | $25.4M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,617.2 | −3.367% | $5.4M | $5.0M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,617.6 | −3.341% | — | $2.4M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,615.2 | −3.484% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,615.7 | −3.454% | $79K | $222K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,614.4 | −3.532% | $1.6M | $533K | 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
HTX OPENAI-USDT
Phemex OPENAIUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH OPENAIlong | +0.0032% | 1h | 1,673.5 | long leg | $2.6M | $6.2M | 5x | |
| Extended OPENAI-USD | +0.0048% | 1h | 1,614.6 | −3.519% | $141K | $809K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,618.2 | −3.306% | $211K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,615 | −3.498% | $22.8M | $17.5M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,615.1 | −3.493% | $13.0M | $3.2M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,620 | −3.197% | $373K | $69K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,614.9 | −3.500% | $2.6M | $766K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,615.5 | −3.468% | $2K | $161K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0054% | 8h | 1,615.1 | −3.488% | $474K | $285K | 20x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0056% | 1h | 1,623.9 | −2.965% | $226K | $161K | 5x | as long as short |
| Entropy io:OAIshort | +0.0096% | 1h | 1,667.2 | −0.377% | $7.6M | $2.3M | 6x | |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,614.8 | −3.511% | — | — | 10x | as long as short |
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
BloFin OPENAI-USDT
Coinbase International OPENAI-PERP-INTX
Aevo OPENAI-PERP