Funding you earn now, next payment 08:00 UTC+0.0053%/8h= +5.8% APRnext payment +$0.07 per $10,000 · paid last 24h +0.015%
Price spread now: Extended against QFEX+0.007%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$940.939% of the position
Funding, last 4 days (all we have)+0.058%+$6 on $10k
+Price spread, last 4 days (all we have)−0.042%−$4 · spread now +0.007%, 7d avg −0.026%
=Together, before fees+0.016%+ Points / potential airdropExtended: Active · farm board+$2 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 Extended is 0.033% dearer against QFEX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX OPENAI-USD | 1,614.8 | −0.0005 | get 0.0001% / 1h | 48m 59s | $1.2M | $622K | 10x |
| Short | Extended OPENAI-USD | 1,614.9 | 0.0048 | get 0.0006% / 1h | 48m 59s | $141K | $738K | 10x |
QFEX OPENAI-USD
Extended OPENAI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against QFEX. 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
- $11.14
- Price spread: +0.007% → −0.026%
- $3.3
- Slippage, 4 orders
- −$78.95
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$79.5
- Costs to cover
- 0.939%
- Break-even
- 57.0 days
Slippage from QFEX: live order book, 2 min ago; Extended: live order book, 54 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 QFEX live order book, 2 min ago | 1.73 bp | 6.9 bp −$7 | 14.0 bp −$140 | doesn't fit | doesn't fit |
| Sell Extended live order book, 54 min ago | 3.71 bp | 38.9 bp −$39 | 285.6 bp −$2,856 | 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-USDlong | −0.0005% | 1h | 1,614.8 | long leg | $1.2M | $622K | 10x | |
| Lighter OPENAI | 0.0000% | 1h | 1,709 | +5.833% | $1.4M | $268K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,655.7 | +2.529% | $737K | $263K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,646 | +1.931% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,614.1 | −0.044% | $45.2M | $13.6M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,617.5 | +0.165% | $5.4M | $4.6M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,617.1 | +0.141% | — | $2.4M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,615.4 | +0.038% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,615.9 | +0.065% | $79K | $227K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,616.2 | +0.083% | $1.6M | $512K | 10x | as long as short |
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 | 1,673.4 | +3.629% | $2.6M | $6.0M | 5x | as long as short |
| BloFin OPENAI-USDT | +0.0039% | 8h | 1,615.1 | +0.017% | $474K | $301K | 20x | as long as short |
| Extended OPENAI-USDshort | +0.0048% | 1h | 1,614.9 | +0.007% | $141K | $738K | 10x | |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,617.7 | +0.181% | $211K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,615.4 | +0.034% | $22.8M | $17.8M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,615.2 | +0.021% | $6.6M | $5.0M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,619.9 | +0.316% | $375K | $70K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,615 | +0.009% | $2.6M | $758K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,617.1 | +0.140% | $2K | $182K | 10x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0072% | 1h | 1,620.1 | +0.327% | $226K | $165K | 5x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,615.3 | +0.028% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0161% | 1h | 1,668.1 | +3.299% | $7.6M | $2.3M | 6x | as long as short |
Lighter RH OPENAI
BloFin OPENAI-USDT
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
Coinbase International OPENAI-PERP-INTX
Aevo OPENAI-PERP
Entropy io:OAI