Funding you earn now, next payment 02:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.198%
Price spread now: HTX against Lighter RH−3.076%7-day average −4.727% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs+$119as in the Price arb table
costs, in and out, $10k−$460.459% of the position
Funding, last 7 days−0.256%−$26 on $10k
+Price spread, last 3 days (all we have)−2.856%−$286 · spread now −3.076%, 7d avg −4.727%
=Together, before fees−3.111%+ Points / potential airdropLighter RH: Points live · farm board−$311 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 1.652% dearer against Lighter RH than usual: you sell high and buy low (spread −3.076% now, against its 7-day average of −4.727%): +$165 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6 months. At the pace of the last 7 days (−0.256% in total) that is about 45 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH OPENAI | 1,681.3 | 0.0032 | pay 0.0004% / 1h | 58m 58s | $2.7M | $6.1M | 5x |
| Short | HTX OPENAI-USDT | 1,629.6 | 0 | get 0.0000% / 8h | 6h 58m | $79K | $214K | 20x |
Lighter RH OPENAI
HTX OPENAI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$6.72
- Price spread: −3.076% → −4.727%
- $165.18
- Slippage, 4 orders
- −$33.88
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $112.59
- Costs to cover
- 0.459%
- Break-even
- from the start
Slippage from Lighter RH: live order book, 4 min ago; HTX: live order book, 7 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 Lighter RH live order book, 4 min ago | 0.18 bp | 5.5 bp −$5 | 65.4 bp −$654 | doesn't fit | doesn't fit |
| Sell HTX live order book, 7 min ago | 3.59 bp | 16.2 bp −$16 | 23.8 bp −$238 | 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 | −0.0004% | 1h | 1,628.3 | −3.153% | $1.2M | $421K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,714.3 | +1.965% | $1.4M | $280K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,669.7 | −0.685% | $767K | $205K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,656.5 | −1.473% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,624.9 | −3.350% | $52.6M | $31.7M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,628.6 | −3.132% | $5.5M | $5.1M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,628.7 | −3.126% | — | $2.5M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,629.7 | −3.065% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDTshort | 0.0000% | 8h | 1,629.6 | −3.076% | $79K | $214K | 20x | |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,627.8 | −3.180% | $1.6M | $562K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International OPENAI-PERP-INTX | +0.0024% | 1h | 1,630.6 | −3.011% | $226K | $150K | 5x | as long as short |
| BloFin OPENAI-USDT | +0.0030% | 8h | 1,628.6 | −3.132% | $475K | $279K | 20x | as long as short |
| Lighter RH OPENAIlong | +0.0032% | 1h | 1,681.3 | long leg | $2.7M | $6.1M | 5x | |
| Extended OPENAI-USD | +0.0048% | 1h | 1,627.7 | −3.186% | $132K | $716K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,635.7 | −2.709% | $213K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,628.1 | −3.162% | $23.1M | $18.9M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,628.3 | −3.150% | $13.1M | $3.2M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,631.6 | −2.954% | $377K | $67K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,628.8 | −3.118% | $2.6M | $757K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,628.9 | −3.117% | $2K | $138K | 10x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,628.2 | −3.156% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0144% | 1h | 1,673.4 | −0.468% | $7.4M | $2.2M | 6x | as long as short |
Coinbase International OPENAI-PERP-INTX
BloFin OPENAI-USDT
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