Funding you earn now, next payment 21:00 UTC−0.0047%/8h= −5.2% APRpaid last 24h −0.016%
Price spread now: QFEX against Aster+0.049%7-day average −0.128% · 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−$451as in the Price arb table
costs, in and out, $10k−$4684.682% of the position
Funding, last 3 days (all we have)−0.054%−$5 on $10k
+Price spread, last 4 days (all we have)−0.180%−$18 · spread now +0.049%, 7d avg −0.128%
=Together, before fees−0.234%+ Points / potential airdropAster: Stage 5 · farm board−$23 on $10k · with fees, hour by hour
The price spread pays, funding is against you. QFEX is 0.176% dearer against Aster than usual: you sell high and buy low (spread +0.049% now, against its 7-day average of −0.128%): +$18 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 12 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster OPENAIUSDT | 1,635.1 | 0.0050 | pay 0.0050% / 8h | 3h 31m | $213K | $3K | 20x |
| Short | QFEX OPENAI-USD | 1,635.9 | 0.0003 | get 0.0000% / 1h | 31m 32s | $1.2M | $369K | 10x |
Aster OPENAIUSDT
QFEX OPENAI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$9.91
- Price spread: +0.049% → −0.128%
- $17.64
- Slippage, 4 orders
- −$450.2
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$460.47
- Costs to cover
- 4.682%
- Break-even
- never at this rate
Slippage from Aster: live order book, 15 min ago; QFEX: live order book, 5 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, 15 min ago | 47.46 bp | 355.7 bp −$356 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 5 min ago | 1.99 bp | 10.2 bp −$10 | 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 | −0.0563% | 1h | 1,635.6 | +0.031% | — | $3 | 5x | as long as short |
| Entropy io:OAI | −0.0137% | 1h | 1,671.8 | +2.244% | $7.4M | $2.2M | 6x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,706.1 | +4.343% | $1.4M | $373K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,678.8 | +2.670% | $755K | $221K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,663.1 | +1.712% | $5.1M | $1.4M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,632.5 | −0.162% | $53.1M | $52.0M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,637.9 | +0.170% | $5.5M | $4.9M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,636.7 | +0.097% | — | $2.6M | 10x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,638.8 | +0.222% | $79K | $211K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,634.8 | −0.019% | $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-USDshort | +0.0003% | 1h | 1,635.9 | +0.049% | $1.2M | $369K | 10x | |
| BloFin OPENAI-USDT | +0.0024% | 8h | 1,633.8 | −0.078% | $482K | $290K | 20x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,668.9 | +2.063% | $2.6M | $6.2M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,635.3 | +0.013% | $136K | $655K | 10x | as long as short |
| Aster OPENAIUSDTlong | +0.0050% | 8h | 1,635.1 | long leg | $213K | $3K | 20x | |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,635.5 | +0.025% | $23.4M | $21.4M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,636 | +0.051% | $13.0M | $3.1M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,641.4 | +0.383% | $376K | $66K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,637.1 | +0.123% | $2.7M | $680K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,633.7 | −0.086% | $2K | $154K | 10x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,635 | −0.005% | — | — | 10x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.1928% | 1h | 1,638.7 | +0.222% | $238K | $107K | 5x | as long as short |
BloFin OPENAI-USDT
Lighter RH OPENAI
Extended OPENAI-USD
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
Aevo OPENAI-PERP
Coinbase International OPENAI-PERP-INTX