Funding you earn now, next payment 21:00 UTC−0.0054%/8h= −5.9% APRpaid last 24h —
Price spread now: Binance against Aevo+0.030%48s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Binance is 0.030% dearer against Aevo than usual: you sell high and buy low (spread +0.030% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 44 hours. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo OPENAI-PERP | 1,635 | 0.0104 | pay 0.0013% / 1h | 31m 33s | — | — | 10x |
| Short | Binance OPENAIUSDT | 1,635.5 | 0.0050 | get 0.0050% / 8h | 3h 31m | $23.4M | $21.4M | 20x |
Aevo OPENAI-PERP
Binance OPENAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Aevo. 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
- −$11.34
- Price spread: +0.030% → 0.000%
- $2.99
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$34.35
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Binance: live order book, 15 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 15 min ago | 0.95 bp | 13.9 bp −$14 | 54.1 bp −$541 | doesn't fit | doesn't fit |
Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit OPENAI_USDC-PERPETUAL | −0.0563% | 1h | 1,635.6 | +0.036% | — | $3 | 5x | as long as short |
| Entropy io:OAI | −0.0137% | 1h | 1,671.8 | +2.248% | $7.4M | $2.2M | 6x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,706.1 | +4.348% | $1.4M | $373K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,678.8 | +2.675% | $755K | $221K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,663.1 | +1.716% | $5.1M | $1.4M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,632.5 | −0.158% | $53.1M | $52.0M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,637.9 | +0.175% | $5.5M | $4.9M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,636.7 | +0.102% | — | $2.6M | 10x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,638.8 | +0.227% | $79K | $211K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,634.8 | −0.014% | $1.6M | $596K | 10x | as long as short |
Deribit OPENAI_USDC-PERPETUAL
Entropy io:OAI
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
HTX OPENAI-USDT
Phemex OPENAIUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX OPENAI-USD | +0.0003% | 1h | 1,635.9 | +0.053% | $1.2M | $369K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0024% | 8h | 1,633.8 | −0.074% | $482K | $290K | 20x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,668.9 | +2.068% | $2.6M | $6.2M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,635.3 | +0.017% | $136K | $655K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,635.1 | +0.005% | $213K | $3K | 20x | as long as short |
| Binance OPENAIUSDTshort | +0.0050% | 8h | 1,635.5 | +0.030% | $23.4M | $21.4M | 20x | |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,636 | +0.056% | $13.0M | $3.1M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,641.4 | +0.388% | $376K | $66K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,637.1 | +0.128% | $2.7M | $680K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,633.7 | −0.082% | $2K | $154K | 10x | as long as short |
| Aevo OPENAI-PERPlong | +0.0104% | 1h | 1,635 | long leg | — | — | 10x | |
| Coinbase International OPENAI-PERP-INTX | +0.1928% | 1h | 1,638.7 | +0.226% | $238K | $107K | 5x | as long as short |
QFEX OPENAI-USD
BloFin OPENAI-USDT
Lighter RH OPENAI
Extended OPENAI-USD
Aster OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
Coinbase International OPENAI-PERP-INTX