Funding you earn now, next payment 05:00 UTC−0.0006%/8h= −0.6% APRpaid last 24h −0.003%
Price spread now: Lighter RH against BloFin+3.561%91s7-day average +4.629% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.039%−$4 on $10k
+Price spread, last 4 days (all we have)+2.253%+$225 · spread now +3.561%, 7d avg +4.629%
=Together, before fees+2.214%+ Points / potential airdropLighter RH: Points live · farm board+$221 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter RH is 1.068% cheaper against BloFin than usual: you would sell low and buy high, −$107 on $10k if it goes back to its 7-day average of +4.629%. The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin OPENAI-USDT | 1,621.3 | 0.0038 | pay 0.0038% / 8h | 3h 39m | $473K | $286K | 20x |
| Short | Lighter RH OPENAI | 1,679 | 0.0032 | get 0.0004% / 1h | 39m 33s | $2.7M | $6.2M | 5x |
BloFin OPENAI-USDT
Lighter RH OPENAIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against BloFin. 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
- −$1.18
- Price spread: +3.561% → +4.629%
- −$106.79
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$119.97
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 56 min ago; Lighter RH: live order book, 4 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 BloFin live order book, 56 min ago | 1.41 bp | 13.6 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 4 min ago | 0.63 bp | 4.8 bp −$5 | 101.8 bp −$1,018 | 571.5 bp −$57.1K | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX OPENAI-USD | −0.0001% | 1h | 1,620.5 | −0.047% | $1.2M | $564K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,711.8 | +5.584% | $1.4M | $265K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,663.4 | +2.599% | $755K | $206K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,649.9 | +1.766% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,617.5 | −0.230% | $52.3M | $25.3M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,622.5 | +0.074% | $5.5M | $5.0M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,622.9 | +0.101% | — | $2.4M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,621.4 | +0.005% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,621.6 | +0.020% | $79K | $221K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,620.6 | −0.041% | $1.6M | $540K | 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 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH OPENAIshort | +0.0032% | 1h | 1,679 | +3.561% | $2.7M | $6.2M | 5x | |
| BloFin OPENAI-USDTlong | +0.0038% | 8h | 1,621.3 | long leg | $473K | $286K | 20x | |
| Extended OPENAI-USD | +0.0048% | 1h | 1,620.1 | −0.075% | $141K | $737K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,627.5 | +0.382% | $212K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,620.5 | −0.047% | $22.9M | $17.7M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,620.7 | −0.038% | $13.0M | $3.2M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,625.3 | +0.250% | $375K | $68K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,620.2 | −0.067% | $2.6M | $766K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,620.9 | −0.022% | $2K | $157K | 10x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0056% | 1h | 1,622 | +0.046% | $226K | $162K | 5x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,620.3 | −0.061% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0127% | 1h | 1,672.9 | +3.185% | $7.7M | $2.3M | 6x | as long as short |
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
Coinbase International OPENAI-PERP-INTX
Aevo OPENAI-PERP
Entropy io:OAI