Funding you earn now, next payment 11:00 UTC−0.0958%/8h= −104.9% APRpaid last 24h −0.211%
Price spread now: Aster against Coinbase International+0.037%7-day average −0.291% · you sell dearer than you buy
Net, funding: paid 7d − costs−$472as in the Funding arb table
Net, price: spread back to 7d avg − costs−$366as in the Price arb table
costs, in and out, $10k−$3993.988% of the position
Funding, last 7 days−0.734%−$73 on $10k
+Price spread, last 4 days (all we have)−1.025%−$102 · spread now +0.037%, 7d avg −0.291%
=Together, before fees−1.759%+ Points / potential airdropAster: Stage 5 · farm board−$176 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.328% dearer against Coinbase International than usual: you sell high and buy low (spread +0.037% now, against its 7-day average of −0.291%): +$33 on $10k if it goes back. Holding the pair costs −$29 a day in funding at the current rate, which eats that in about 27 hours. At the pace of the last 7 days (−0.734% in total) that is about 3.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International OPENAI-PERP-INTX | 1,643.4 | 0.1008 | pay 0.0126% / 1h | 25m 33s | $231K | $177K | 5x |
| Short | Aster OPENAIUSDT | 1,644 | 0.0050 | get 0.0050% / 8h | 4h 25m | $214K | $3K | 20x |
Coinbase International OPENAI-PERP-INTX
Aster OPENAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Coinbase International. 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
- −$201.18
- Price spread: +0.037% → −0.291%
- $32.85
- Slippage, 4 orders
- −$380.84
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$567.17
- Costs to cover
- 3.988%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 15 min ago; Aster: live order book, 14 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 Coinbase International live order book, 15 min ago | 20.86 bp | 25.9 bp −$26 | 49.9 bp −$499 | doesn't fit | doesn't fit |
| Sell Aster live order book, 14 min ago | 22.21 bp | 86.3 bp −$86 | 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 | −0.0001% | 1h | 1,638.6 | −0.291% | $1.2M | $703K | 10x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,672.9 | +1.796% | $719K | $321K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,667.3 | +1.454% | $5.2M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,635.2 | −0.500% | $52.0M | $20.8M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,639.9 | −0.212% | $5.6M | $3.8M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,640.1 | −0.201% | — | $1.6M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,638.1 | −0.323% | $3K | $3K | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,639.5 | −0.235% | $80K | $172K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,638.2 | −0.316% | $1.6M | $511K | 10x | as long as short |
| Lighter OPENAI | +0.0032% | 1h | 1,724.5 | +4.934% | $1.4M | $275K | 5x | as long as short |
QFEX OPENAI-USD
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
Deribit OPENAI_USDC-PERPETUAL
HTX OPENAI-USDT
Phemex OPENAIUSDT
Lighter OPENAIShow all 22 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH OPENAI | +0.0032% | 1h | 1,691.1 | +2.899% | $2.8M | $6.4M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,638.3 | −0.313% | $142K | $1.1M | 10x | as long as short |
| Aster OPENAIUSDTshort | +0.0050% | 8h | 1,644 | +0.037% | $214K | $3K | 20x | |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,638.7 | −0.283% | $23.3M | $19.7M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,637.9 | −0.333% | $6.6M | $2.5M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,643.1 | −0.019% | $383K | $343K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,638.3 | −0.308% | $2.6M | $773K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,636.3 | −0.433% | $2K | $178K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0052% | 8h | 1,638.1 | −0.325% | $499K | $349K | 20x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,638.5 | −0.301% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0138% | 1h | 1,685.2 | +2.544% | $7.8M | $2.6M | 6x | as long as short |
| Coinbase International OPENAI-PERP-INTXlong | +0.1008% | 1h | 1,643.4 | long leg | $231K | $177K | 5x |
Lighter RH OPENAI
Extended OPENAI-USD
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
BloFin OPENAI-USDT
Aevo OPENAI-PERP
Entropy io:OAI