Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.009%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$290.289% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 2 days (all we have)−0.003%$0 · spread now −0.009%, 7d avg +0.009%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance OPENAIUSDT | 1,627.8 | 0.0050 | pay 0.0050% / 8h | 7h 48m | $23.1M | $18.9M | 20x |
| Short | MEXC OPENAI_USDT | 1,627.7 | 0.0050 | get 0.0050% / 8h | 7h 48m | $13.1M | $3.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $0
- Price spread: −0.009% → +0.009%
- −$1.81
- Slippage, 4 orders
- −$18.92
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$30.73
- Costs to cover
- 0.289%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; MEXC: live order book, just now.
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, 8 min ago | 0.58 bp | 11.7 bp −$12 | 84.0 bp −$840 | doesn't fit | doesn't fit |
| Sell MEXC live order book, just now | 0.74 bp | 0.7 bp −$1 | 2.9 bp −$29 | 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 | −0.0148% | 1h | 1,627.5 | −0.019% | — | $3 | 5x | as long as short |
| Coinbase International OPENAI-PERP-INTX | −0.0024% | 1h | 1,627.8 | 0.000% | $230K | $152K | 5x | as long as short |
| QFEX OPENAI-USD | 0.0000% | 1h | 1,627.7 | −0.010% | $1.2M | $386K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,709.4 | +5.014% | $1.4M | $282K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,671.8 | +2.701% | $770K | $209K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,660.3 | +1.996% | $5.1M | $1.4M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,624.5 | −0.206% | $52.6M | $39.2M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,628.2 | +0.021% | $5.5M | $5.1M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,628.1 | +0.017% | — | $2.6M | 10x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,627.9 | +0.004% | $79K | $214K | 20x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,627.1 | −0.045% | $1.6M | $560K | 10x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,681.3 | +3.288% | $2.7M | $6.2M | 5x | as long as short |
| BloFin OPENAI-USDT | +0.0036% | 8h | 1,628.2 | +0.021% | $473K | $278K | 20x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,627.5 | −0.021% | $132K | $729K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,633.8 | +0.368% | $213K | $3K | 20x | as long as short |
| Binance OPENAIUSDTlong | +0.0050% | 8h | 1,627.8 | long leg | $23.1M | $18.9M | 20x | |
| MEXC OPENAI_USDTshort | +0.0050% | 8h | 1,627.7 | −0.009% | $13.1M | $3.2M | 50x | |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,637.1 | +0.570% | $379K | $65K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,626.8 | −0.062% | $2.6M | $752K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,631.6 | +0.233% | $2K | $139K | 10x | as long as short |
| Entropy io:OAI | +0.0083% | 1h | 1,675.9 | +2.954% | $7.4M | $2.2M | 6x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,627.6 | −0.012% | — | — | 10x | as long as short |
Binance OPENAIUSDT
MEXC OPENAI_USDT
Deribit OPENAI_USDC-PERPETUAL
Coinbase International OPENAI-PERP-INTX
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
HTX OPENAI-USDT
Phemex OPENAIUSDT
Lighter RH OPENAI
BloFin OPENAI-USDT
Extended OPENAI-USD
Aster OPENAIUSDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp