Funding you earn now, next payment 08:00 UTC−0.0056%/8h= −6.1% APRnext payment −$0.07 per $10,000 · paid last 24h —
Price spread now: Extended against Aevo−0.025%7-day average — · you buy dearer than you sell
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
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Extended is 0.025% cheaper against Aevo than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo OPENAI-PERP | 1,617.6 | 0.0104 | pay 0.0013% / 1h | 5m 14s | — | — | 10x |
| Short | Extended OPENAI-USD | 1,617.2 | 0.0048 | get 0.0006% / 1h | 5m 14s | $142K | $803K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$11.76
- Price spread: −0.025% → 0.000%
- −$2.48
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$35.24
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Extended: live order book, 33 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 Extended live order book, 33 min ago | 4.03 bp | 37.1 bp −$37 | 277.6 bp −$2,776 | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX OPENAI-USD | −0.0005% | 1h | 1,617.4 | −0.011% | $1.2M | $628K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,706.7 | +5.510% | $1.4M | $269K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,656.4 | +2.402% | $736K | $269K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,645.1 | +1.702% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,616.4 | −0.072% | $45.5M | $14.1M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,618.8 | +0.076% | $5.4M | $4.5M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,618 | +0.027% | — | $2.4M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,618.5 | +0.056% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,617.9 | +0.018% | $79K | $225K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,617.7 | +0.007% | $1.6M | $501K | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH OPENAI | +0.0032% | 1h | 1,673.7 | +3.469% | $2.7M | $6.2M | 5x | as long as short |
| Extended OPENAI-USDshort | +0.0048% | 1h | 1,617.2 | −0.025% | $142K | $803K | 10x | |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,620.3 | +0.168% | $211K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,617.6 | +0.001% | $22.9M | $16.7M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,617.9 | +0.017% | $6.6M | $5.0M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,617.1 | −0.029% | $373K | $74K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,617.3 | −0.016% | $2.6M | $760K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,616.6 | −0.060% | $2K | $176K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0054% | 8h | 1,617.8 | +0.016% | $475K | $295K | 20x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0072% | 1h | 1,623.7 | +0.382% | $235K | $174K | 5x | as long as short |
| Aevo OPENAI-PERPlong | +0.0104% | 1h | 1,617.6 | long leg | — | — | 10x | |
| Entropy io:OAI | +0.0123% | 1h | 1,665.1 | +2.938% | $7.6M | $2.3M | 6x | as long as short |
Extended 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 OPENAIUSDT
Lighter RH OPENAI
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
BloFin OPENAI-USDT
Coinbase International OPENAI-PERP-INTX