Funding you earn now, next payment 11:00 UTC+0.0018%/8h= +2.0% APRpaid last 24h +0.005%
Price spread now: Variational Omni against Lighter RH−2.925%7-day average −5.579% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.019%+$2 on $10k
+Price spread, last 7 days−4.070%−$407 · spread now −2.925%, 7d avg −5.579%
=Together, before fees−4.051%+ Points / potential airdropLighter RH: Points live · Variational Omni: Active · farm board−$405 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 Variational Omni is 2.654% dearer against Lighter RH than usual: you sell high and buy low: +$265 more if the spread goes back to its 7-day average of −5.579%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH OPENAI | 1,684 | 0.0032 | pay 0.0004% / 1h | 26m 26s | $2.8M | $6.3M | 5x |
| Short | Variational Omni OPENAI | 1,634.7 | 0.0050 | get 0.0050% / 8h | 5h 26m | $2.6M | $770K | — |
Lighter RH OPENAI
Variational Omni OPENAIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $3.78
- Price spread: −2.925% → −5.579%
- $265.4
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $269.18
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Lighter RH: live order book, 5 min ago; Variational Omni: RFQ quote, 1 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 | 1.51 bp | 3.2 bp −$3 | 47.2 bp −$472 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 4.01 bp | doesn't fit | 18.9 bp −$189 | 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 | −0.0003% | 1h | 1,635.3 | −2.891% | $1.2M | $655K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,716.6 | +1.938% | $1.4M | $275K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,674.4 | −0.569% | $718K | $289K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,664.1 | −1.179% | $5.1M | $1.2M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,633.5 | −2.997% | $49.5M | $16.0M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,636.4 | −2.825% | $5.4M | $3.5M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,635.7 | −2.865% | — | $1.6M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,635.8 | −2.859% | $3K | $3K | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,636.3 | −2.831% | $80K | $161K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,634.6 | −2.931% | $1.6M | $506K | 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 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin OPENAI-USDT | +0.0027% | 8h | 1,635.7 | −2.863% | $487K | $323K | 20x | as long as short |
| Lighter RH OPENAIlong | +0.0032% | 1h | 1,684 | long leg | $2.8M | $6.3M | 5x | |
| Extended OPENAI-USD | +0.0048% | 1h | 1,635.1 | −2.899% | $142K | $810K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,637.8 | −2.741% | $213K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,635.3 | −2.887% | $23.1M | $17.4M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,634.3 | −2.949% | $6.7M | $2.5M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,640.4 | −2.584% | $381K | $250K | 20x | as long as short |
| Variational Omni OPENAIshort | +0.0050% | 8h | 1,634.7 | −2.925% | $2.6M | $770K | — | |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,634.6 | −2.928% | $2K | $169K | 10x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,635.2 | −2.892% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0158% | 1h | 1,674.2 | −0.579% | $7.6M | $2.4M | 6x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0712% | 1h | 1,641.5 | −2.523% | $231K | $176K | 5x | as long as short |
BloFin OPENAI-USDT
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
GRVT OPENAI_USDT_Perp
Aevo OPENAI-PERP
Entropy io:OAI
Coinbase International OPENAI-PERP-INTX