Funding you earn now, next payment 09:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: OKX against Lighter RH−1.579%7-day average −3.668% · you buy dearer than you sell
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs+$123as in the Price arb table
costs, in and out, $10k−$860.861% of the position
Funding, last 7 days−0.067%−$7 on $10k
+Price spread, last 7 days−3.497%−$350 · spread now −1.579%, 7d avg −3.668%
=Together, before fees−3.565%+ Points / potential airdropLighter RH: Points live · farm board−$356 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 2.089% dearer against Lighter RH than usual: you sell high and buy low (spread −1.579% now, against its 7-day average of −3.668%): +$209 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH OPENAI | 1,678.1 | 0.0032 | pay 0.0004% / 1h | 19m 36s | $2.7M | $6.2M | 5x |
| Short | OKX OPENAI-USDT-SWAP | 1,651.6 | 0 | get 0.0000% / 8h | 7h 19m | $5.1M | $1.3M | 20x |
Lighter RH OPENAI
OKX OPENAI-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −1.579% → −3.668%
- $208.9
- Slippage, 4 orders
- −$76.13
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $116.05
- Costs to cover
- 0.861%
- Break-even
- from the start
Slippage from Lighter RH: live order book, 4 min ago; OKX: live order book, 3 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 | 0.12 bp | 3.8 bp −$4 | 69.8 bp −$698 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 1.82 bp | 52.7 bp −$53 | 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 | −0.0004% | 1h | 1,624.6 | −3.188% | $1.2M | $639K | 10x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,660.7 | −1.037% | $731K | $284K | 25x | as long as short |
| OKX OPENAI-USDT-SWAPshort | 0.0000% | 8h | 1,651.6 | −1.579% | $5.1M | $1.3M | 20x | |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,622.1 | −3.340% | $46.4M | $10.8M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,625.2 | −3.150% | $5.4M | $3.8M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,624.4 | −3.200% | — | $2.2M | 10x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,624.7 | −3.183% | $79K | $225K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,623.7 | −3.244% | $1.6M | $498K | 10x | as long as short |
| Lighter OPENAI | +0.0008% | 1h | 1,710.3 | +1.918% | $1.4M | $276K | 5x | as long as short |
| Lighter RH OPENAIlong | +0.0032% | 1h | 1,678.1 | long leg | $2.7M | $6.2M | 5x |
QFEX OPENAI-USD
Bybit OPENAIUSDT
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
HTX OPENAI-USDT
Phemex OPENAIUSDT
Lighter OPENAIShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended OPENAI-USD | +0.0048% | 1h | 1,624.3 | −3.207% | $142K | $808K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,627.4 | −3.019% | $212K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,624.5 | −3.191% | $22.9M | $16.3M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,623.4 | −3.257% | $6.6M | $2.4M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,624.6 | −3.188% | $375K | $123K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,624.9 | −3.170% | $2.6M | $765K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,622.9 | −3.287% | $3K | $173K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0060% | 8h | 1,624.6 | −3.186% | $480K | $301K | 20x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,624.2 | −3.211% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0156% | 1h | 1,667.3 | −0.644% | $7.6M | $2.4M | 6x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0344% | 1h | 1,629 | −2.926% | $233K | $173K | 5x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | +0.0455% | 1h | 1,624.8 | −3.176% | $3K | $3K | 5x | 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
Aevo OPENAI-PERP
Entropy io:OAI
Coinbase International OPENAI-PERP-INTX
Deribit OPENAI_USDC-PERPETUAL