OPENAI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0055%/8h= −6.0% APRpaid last 24h −0.016%

Price spread now: QFEX against Binance−0.034%7-day average −0.050% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$550.551% of the position

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.059%−$6 on $10k

Price spread, last 7 days−0.006%−$1 · spread now −0.034%, 7d avg −0.050%

Together, before fees−0.066%−$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.050%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance OPENAIUSDT	1,615.5	0.0050	pay 0.0050% / 8h	51m 16s	$22.8M	$17.8M	20x
Short	QFEX OPENAI-USD	1,614.9	−0.0005	pay 0.0001% / 1h	51m 16s	$1.2M	$622K	10x

Funding history

latest

Range statsloading…

QFEX against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee BinancebpFee QFEXbpOrdersPrice spread, now −0.034%Rate

Slippage from Binance: live order book, 5 min ago; QFEX: live order book, 5 min ago.

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, 5 min ago	0.80 bp	19.3 bp −$19	58.2 bp −$582	doesn't fit	doesn't fit
Sell QFEX live order book, 5 min ago	3.37 bp	8.4 bp −$8	13.4 bp −$134	doesn't fit	doesn't fit

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-USDshort	−0.0005%	1h	1,614.9	−0.034%	$1.2M	$622K	10x
Lighter OPENAI	0.0000%	1h	1,709.8	+5.839%	$1.4M	$267K	5x	as long as short
Bybit OPENAIUSDT	0.0000%	8h	1,657.7	+2.618%	$738K	$263K	25x	as long as short
OKX OPENAI-USDT-SWAP	0.0000%	8h	1,646	+1.891%	$5.1M	$1.3M	20x	as long as short
Gate OPENAI_USDT	0.0000%	8h	1,613.6	−0.117%	$45.1M	$13.6M	50x	as long as short
Bitget OPENAIUSDT	0.0000%	8h	1,617.2	+0.106%	$5.4M	$4.6M	20x	as long as short
SunX OPENAI-USDT	0.0000%	8h	1,617	+0.096%	—	$2.4M	10x	as long as short
Deribit OPENAI_USDC-PERPETUAL	0.0000%	1h	1,615.4	−0.004%	—	$3	5x	as long as short
HTX OPENAI-USDT	0.0000%	8h	1,615.9	+0.026%	$79K	$228K	20x	as long as short
Phemex OPENAIUSDT	0.0000%	8h	1,615.3	−0.007%	$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
BloFin OPENAI-USDT	+0.0026%	8h	1,615.2	−0.016%	$473K	$302K	20x	as long as short
Lighter RH OPENAI	+0.0032%	1h	1,674.2	+3.635%	$2.6M	$6.0M	5x	as long as short
Extended OPENAI-USD	+0.0048%	1h	1,615	−0.027%	$141K	$719K	10x	as long as short
Aster OPENAIUSDT	+0.0050%	8h	1,617.9	+0.152%	$211K	$3K	20x	as long as short
Binance OPENAIUSDTlong	+0.0050%	8h	1,615.5	long leg	$22.8M	$17.8M	20x
MEXC OPENAI_USDT	+0.0050%	8h	1,616.1	+0.038%	$6.6M	$5.0M	50x	as long as short
KuCoin OPENAIUSDTM	+0.0050%	8h	1,619.9	+0.277%	$375K	$70K	20x	as long as short
Variational Omni OPENAI	+0.0050%	8h	1,617.3	+0.113%	$2.6M	$753K	—	as long as short
GRVT OPENAI_USDT_Perp	+0.0050%	8h	1,617.9	+0.154%	$2K	$181K	10x	as long as short
Coinbase International OPENAI-PERP-INTX	+0.0072%	1h	1,620.1	+0.288%	$226K	$165K	5x	as long as short
Aevo OPENAI-PERP	+0.0104%	1h	1,615.2	−0.018%	—	—	10x	as long as short
Entropy io:OAI	+0.0164%	1h	1,668.6	+3.290%	$7.6M	$2.3M	6x	as long as short