Funding you earn now, next payment 05:00 UTC+0.0077%/8h= +8.4% APRpaid last 24h +0.051%
Price spread now: Entropy against MEXC+3.221%7-day average +5.241% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.495%+$50 on $10k
+Price spread, last 7 days+3.139%+$314 · spread now +3.221%, 7d avg +5.241%
=Funding pays, the price is against you. Entropy is 2.020% cheaper against MEXC than usual: you would sell low and buy high (spread +3.221% now, against its 7-day average of +5.241%). If the spread goes back, that is −$202 on $10k: about 3 months of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.495% in total) that is about 29 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC OPENAI_USDT | 1,620.7 | 0.0050 | pay 0.0050% / 8h | 3h 39m | $13.0M | $3.2M | 50x |
| Short | Entropy io:OAI | 1,672.9 | 0.0127 | get 0.0016% / 1h | 39m 49s | $7.7M | $2.3M | 6x |
MEXC OPENAI_USDT
Entropy io:OAIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy against MEXC. 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
- $16.1
- Price spread: +3.221% → +5.241%
- −$202.02
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$203.91
- Costs to cover
- 0.180%
- Break-even
- 95.6 days
Slippage unknown: MEXC: live order book, 4 min ago; Entropy: live order book, 7 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 MEXC live order book, 4 min ago | 0.43 bp | 2.3 bp −$2 | 18.3 bp −$183 | doesn't fit | doesn't fit |
| Sell Entropy live order book, 7 min ago | 1.50 bp | 28.5 bp −$28 | 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 | 1,620.6 | −0.004% | $1.2M | $563K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,711.8 | +5.621% | $1.4M | $265K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,663.4 | +2.633% | $755K | $206K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,649.9 | +1.802% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,617.3 | −0.208% | $52.3M | $25.3M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,622.4 | +0.106% | $5.5M | $5.0M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,622.9 | +0.136% | — | $2.4M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,621.4 | +0.040% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,621.6 | +0.055% | $79K | $221K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,620.6 | −0.006% | $1.6M | $540K | 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 OPENAI | +0.0032% | 1h | 1,679 | +3.598% | $2.7M | $6.2M | 5x | as long as short |
| BloFin OPENAI-USDT | +0.0038% | 8h | 1,621.3 | +0.035% | $473K | $286K | 20x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,620.1 | −0.040% | $141K | $737K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,627.5 | +0.418% | $212K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,620.5 | −0.011% | $22.9M | $17.7M | 20x | as long as short |
| MEXC OPENAI_USDTlong | +0.0050% | 8h | 1,620.7 | long leg | $13.0M | $3.2M | 50x | |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,625.3 | +0.286% | $375K | $68K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,620.2 | −0.032% | $2.6M | $766K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,620.7 | −0.001% | $2K | $156K | 10x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0056% | 1h | 1,622 | +0.081% | $226K | $162K | 5x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,620.3 | −0.026% | — | — | 10x | as long as short |
| Entropy io:OAIshort | +0.0127% | 1h | 1,672.9 | +3.221% | $7.7M | $2.3M | 6x |
Lighter RH OPENAI
BloFin OPENAI-USDT
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
Coinbase International OPENAI-PERP-INTX
Aevo OPENAI-PERP