Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h +0.015%
Price spread now: Aster against OKX−1.680%7-day average −1.890% · you buy dearer than you sell
Net, funding: paid 7d − costs−$491as in the Funding arb table
Net, price: spread back to 7d avg − costs−$481as in the Price arb table
costs, in and out, $10k−$5025.020% of the position
Funding, last 7 days+0.105%+$11 on $10k
+Price spread, last 4 days (all we have)−0.158%−$16 · spread now −1.680%, 7d avg −1.890%
=Together, before fees−0.053%+ Points / potential airdropAster: Stage 5 · farm board−$5 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 Aster is 0.209% dearer against OKX than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of −1.890%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX OPENAI-USDT-SWAP | 1,650.3 | 0 | get 0.0000% / 8h | 3h 17m | $5.1M | $1.3M | 20x |
| Short | Aster OPENAIUSDT | 1,622.6 | 0.0050 | get 0.0050% / 8h | 3h 17m | $211K | $3K | 20x |
OKX OPENAI-USDT-SWAP
Aster OPENAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against OKX. 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
- $10.5
- Price spread: −1.680% → −1.890%
- $20.92
- Slippage, 4 orders
- −$483.99
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$470.57
- Costs to cover
- 5.020%
- Break-even
- 320.7 days
Slippage from OKX: live order book, 1 min ago; Aster: live order book, 34 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 OKX live order book, 1 min ago | 4.85 bp | 23.4 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 34 min ago | 47.41 bp | 94.3 bp −$94 | 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 | 1,619.3 | −1.877% | $1.2M | $575K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,709.9 | +3.608% | $1.4M | $265K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,662.1 | +0.715% | $754K | $206K | 25x | as long as short |
| OKX OPENAI-USDT-SWAPlong | 0.0000% | 8h | 1,650.3 | long leg | $5.1M | $1.3M | 20x | |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,615.9 | −2.083% | $52.3M | $25.4M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,620.7 | −1.795% | $5.5M | $4.9M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,621.3 | −1.757% | — | $2.4M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,619.6 | −1.861% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,620 | −1.835% | $79K | $221K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,618.2 | −1.948% | $1.6M | $534K | 10x | as long as short |
QFEX OPENAI-USD
Lighter OPENAI
Bybit OPENAIUSDT
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 | 1,677.6 | +1.655% | $2.7M | $6.2M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,618.8 | −1.910% | $142K | $737K | 10x | as long as short |
| Aster OPENAIUSDTshort | +0.0050% | 8h | 1,622.6 | −1.680% | $211K | $3K | 20x | |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,619.2 | −1.885% | $22.8M | $17.6M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,619.2 | −1.888% | $13.0M | $3.2M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,623.1 | −1.649% | $375K | $68K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,620.4 | −1.810% | $2.6M | $766K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,620.6 | −1.802% | $2K | $160K | 10x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0056% | 1h | 1,623.9 | −1.600% | $226K | $161K | 5x | as long as short |
| BloFin OPENAI-USDT | +0.0063% | 8h | 1,618.9 | −1.901% | $473K | $286K | 20x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,618.9 | −1.900% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0107% | 1h | 1,670.1 | +1.200% | $7.6M | $2.3M | 6x | as long as short |
Lighter RH OPENAI
Extended OPENAI-USD
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
Coinbase International OPENAI-PERP-INTX
BloFin OPENAI-USDT
Aevo OPENAI-PERP
Entropy io:OAI