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: Bitget against Aster−0.302%7-day average −0.161% · you buy dearer than you sell
Net, funding: paid 7d − costs−$672as in the Funding arb table
Net, price: spread back to 7d avg − costs−$676as in the Price arb table
costs, in and out, $10k−$6626.618% of the position
Funding, last 7 days−0.105%−$11 on $10k
+Price spread, last 4 days (all we have)+0.153%+$15 · spread now −0.302%, 7d avg −0.161%
=Together, before fees+0.048%+ Points / potential airdropAster: Stage 5 · farm board+$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bitget is 0.141% cheaper against Aster than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.161%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster OPENAIUSDT | 1,628.9 | 0.0050 | pay 0.0050% / 8h | 5h 08m | $212K | $3K | 20x |
| Short | Bitget OPENAIUSDT | 1,624 | 0 | get 0.0000% / 8h | 5h 08m | $5.5M | $5.1M | 20x |
Aster OPENAIUSDT
Bitget OPENAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Aster. 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: −0.302% → −0.161%
- −$14.14
- Slippage, 4 orders
- −$641.79
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$686.43
- Costs to cover
- 6.618%
- Break-even
- never at this rate
Slippage from Aster: live order book, 53 min ago; Bitget: live order book, 4 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 Aster live order book, 53 min ago | 49.21 bp | 498.2 bp −$498 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 0.99 bp | 40.2 bp −$40 | 77.7 bp −$777 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International OPENAI-PERP-INTX | −0.0104% | 1h | 1,625.2 | −0.229% | $225K | $160K | 5x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,708 | +4.855% | $1.4M | $269K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,663.6 | +2.130% | $757K | $206K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,651.4 | +1.380% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,619.8 | −0.560% | $52.4M | $28.8M | 50x | as long as short |
| Bitget OPENAIUSDTshort | 0.0000% | 8h | 1,624 | −0.302% | $5.5M | $5.1M | 20x | |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,623.9 | −0.308% | — | $2.4M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,622.4 | −0.399% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,623.7 | −0.324% | $79K | $217K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,623.3 | −0.345% | $1.6M | $545K | 10x | as long as short |
Coinbase International OPENAI-PERP-INTX
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX OPENAI-USD | 0.0000% | 1h | 1,623.2 | −0.354% | $1.2M | $485K | 10x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,675.1 | +2.833% | $2.7M | $6.2M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,622.9 | −0.371% | $141K | $737K | 10x | as long as short |
| Aster OPENAIUSDTlong | +0.0050% | 8h | 1,628.9 | long leg | $212K | $3K | 20x | |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,623.3 | −0.344% | $22.9M | $17.9M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,623 | −0.363% | $13.0M | $3.2M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,624.6 | −0.267% | $374K | $70K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,622.9 | −0.372% | $2.6M | $759K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,623.6 | −0.326% | $2K | $143K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0076% | 8h | 1,623.9 | −0.308% | $475K | $278K | 20x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,622.5 | −0.392% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0149% | 1h | 1,667.1 | +2.344% | $7.4M | $2.1M | 6x | as long as short |
QFEX OPENAI-USD
Lighter RH OPENAI
Extended OPENAI-USD
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
BloFin OPENAI-USDT
Aevo OPENAI-PERP
Entropy io:OAI