Funding you earn now, next payment 11:00 UTC+0.0119%/8h= +13.0% APRpaid last 24h +0.041%
Price spread now: Entropy against Binance+2.286%7-day average +5.098% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.477%+$48 on $10k
+Price spread, last 7 days+4.256%+$426 · spread now +2.286%, 7d avg +5.098%
=Funding pays, the price is against you. Entropy is 2.812% cheaper against Binance than usual: you would sell low and buy high (spread +2.286% now, against its 7-day average of +5.098%). If the spread goes back, that is −$281 on $10k: about 3 months of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance OPENAIUSDT | 1,634.9 | 0.0050 | pay 0.0050% / 8h | 5h 47m | $23.1M | $17.3M | 20x |
| Short | Entropy io:OAI | 1,672.3 | 0.0169 | get 0.0021% / 1h | 47m 03s | $7.6M | $2.4M | 6x |
Binance OPENAIUSDT
Entropy io:OAIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy against Binance. 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
- $24.93
- Price spread: +2.286% → +5.098%
- −$281.18
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$284.25
- Costs to cover
- 0.280%
- Break-even
- 86.8 days
Slippage unknown: Binance: live order book, 2 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 Binance live order book, 2 min ago | 0.98 bp | 7.6 bp −$8 | 45.1 bp −$451 | doesn't fit | doesn't fit |
| Sell Entropy live order book, 3 min ago | 1.79 bp | 22.2 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
OPENAI on 22 exchanges
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 | −0.0003% | 1h | 1,634.9 | −0.004% | $1.2M | $657K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,713.5 | +4.806% | $1.4M | $274K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,671.8 | +2.258% | $731K | $279K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,660.2 | +1.546% | $5.1M | $1.2M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,632.7 | −0.137% | $49.1M | $15.2M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,635.6 | +0.041% | $5.4M | $3.6M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,634.8 | −0.008% | — | $1.7M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,634.8 | −0.008% | $3K | $3K | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,635.1 | +0.008% | $80K | $154K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,635 | +0.007% | $1.6M | $503K | 10x | as long as short |
QFEX 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 OPENAIUSDTShow all 22 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH OPENAI | +0.0032% | 1h | 1,682.3 | +2.896% | $2.8M | $6.3M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,634.4 | −0.033% | $142K | $812K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0049% | 8h | 1,635.3 | +0.024% | $485K | $321K | 20x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,637.6 | +0.161% | $213K | $3K | 20x | as long as short |
| Binance OPENAIUSDTlong | +0.0050% | 8h | 1,634.9 | long leg | $23.1M | $17.3M | 20x | |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,634.8 | −0.007% | $6.7M | $2.5M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,639.1 | +0.252% | $380K | $228K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,633 | −0.116% | $2.6M | $770K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,632.3 | −0.162% | $2K | $169K | 10x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,634.6 | −0.022% | — | — | 10x | as long as short |
| Entropy io:OAIshort | +0.0169% | 1h | 1,672.3 | +2.286% | $7.6M | $2.4M | 6x | |
| Coinbase International OPENAI-PERP-INTX | +0.0712% | 1h | 1,637.4 | +0.150% | $231K | $175K | 5x | as long as short |
Lighter RH OPENAI
Extended OPENAI-USD
BloFin OPENAI-USDT
Aster OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
Aevo OPENAI-PERP
Coinbase International OPENAI-PERP-INTX