Funding you earn now, next payment 07:00 UTC+0.0102%/8h= +11.1% APRpaid last 24h +0.048%
Price spread now: Entropy against Aster+3.186%7-day average +4.267% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.490%+$49 on $10k
+Price spread, last 4 days (all we have)+2.232%+$223 · spread now +3.186%, 7d avg +4.267%
=Together, before fees+2.722%+ Points / potential airdropAster: Stage 5 · farm board+$272 on $10k · with fees, hour by hour
Funding pays, the price is against you. Entropy is 1.081% cheaper against Aster than usual: you would sell low and buy high (spread +3.186% now, against its 7-day average of +4.267%). If the spread goes back, that is −$108 on $10k: about 35 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.490% in total) that is about 15 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster OPENAIUSDT | 1,618.4 | 0.0050 | pay 0.0050% / 8h | 1h 14m | $211K | $3K | 20x |
| Short | Entropy io:OAI | 1,670 | 0.0152 | get 0.0019% / 1h | 14m 10s | $7.7M | $2.3M | 6x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy 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
- $21.37
- Price spread: +3.186% → +4.267%
- −$108.11
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$112.74
- Costs to cover
- 0.260%
- Break-even
- 43.9 days
Slippage unknown: Aster: live order book, 27 min ago; Entropy: live order book, 3 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 Aster live order book, 27 min ago | 39.60 bp | 333.5 bp −$333 | doesn't fit | doesn't fit | doesn't fit |
| Sell Entropy live order book, 3 min ago | 3.29 bp | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit OPENAI_USDC-PERPETUAL | −0.0568% | 1h | 1,616.9 | −0.098% | — | $3 | 5x | as long as short |
| QFEX OPENAI-USD | −0.0002% | 1h | 1,615.2 | −0.198% | $1.2M | $618K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,711.6 | +5.759% | $1.4M | $266K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,658.6 | +2.479% | $753K | $205K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,647 | +1.765% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,613 | −0.334% | $44.7M | $18.4M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,617.1 | −0.083% | $5.4M | $4.7M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,617.3 | −0.070% | — | $2.4M | 10x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,615.5 | −0.179% | $79K | $227K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,615.5 | −0.185% | $1.6M | $512K | 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 | 1,678.4 | +3.704% | $2.7M | $6.1M | 5x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0040% | 1h | 1,624.3 | +0.363% | $226K | $162K | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,615.5 | −0.181% | $141K | $586K | 10x | as long as short |
| Aster OPENAIUSDTlong | +0.0050% | 8h | 1,618.4 | long leg | $211K | $3K | 20x | |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,615.9 | −0.155% | $22.8M | $17.7M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,621.1 | +0.164% | $7.9M | $4.9M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,623 | +0.282% | $373K | $70K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,616.7 | −0.105% | $2.6M | $757K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,620.9 | +0.150% | $2K | $179K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0056% | 8h | 1,615.9 | −0.159% | $471K | $296K | 20x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,615.5 | −0.180% | — | — | 10x | as long as short |
| Entropy io:OAIshort | +0.0152% | 1h | 1,670 | +3.186% | $7.7M | $2.3M | 6x |
Aster OPENAIUSDT
Deribit OPENAI_USDC-PERPETUAL
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
HTX OPENAI-USDT
Phemex OPENAIUSDT
Lighter RH OPENAI
Coinbase International OPENAI-PERP-INTX
Extended OPENAI-USD
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
BloFin OPENAI-USDT