Funding you earn now, next payment 11:00 UTC−0.1008%/8h= −110.4% APRpaid last 24h −0.415%
Price spread now: HTX against Coinbase International−0.226%7-day average −0.448% · you buy dearer than you sell
Net, funding: paid 7d − costs−$181as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$790.785% of the position
Funding, last 7 days−1.028%−$103 on $10k
+Price spread, last 4 days (all we have)−0.978%−$98 · spread now −0.226%, 7d avg −0.448%
=The price spread pays, funding is against you. HTX is 0.222% dearer against Coinbase International than usual: you sell high and buy low (spread −0.226% now, against its 7-day average of −0.448%): +$22 on $10k if it goes back. Holding the pair costs −$30 a day in funding at the current rate, which eats that in about 18 hours. At the pace of the last 7 days (−1.028% in total) that is about 36 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International OPENAI-PERP-INTX | 1,664.4 | 0.1008 | pay 0.0126% / 1h | 53m 30s | $234K | $180K | 5x |
| Short | HTX OPENAI-USDT | 1,660.6 | 0 | get 0.0000% / 8h | 4h 53m | $81K | $173K | 20x |
Coinbase International OPENAI-PERP-INTX
HTX OPENAI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$211.68
- Price spread: −0.226% → −0.448%
- $22.17
- Slippage, 4 orders
- −$56.52
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$268.03
- Costs to cover
- 0.785%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 52 min ago; HTX: live order book, 51 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, 52 min ago | 10.24 bp | 35.2 bp −$35 | 67.2 bp −$672 | doesn't fit | doesn't fit |
| Sell HTX live order book, 51 min ago | 3.55 bp | 11.4 bp −$11 | 21.7 bp −$217 | 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 | 1,658.5 | −0.357% | $1.2M | $695K | 10x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,690.9 | +1.594% | $720K | $316K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,682.8 | +1.106% | $5.2M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,655.3 | −0.550% | $51.1M | $17.5M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,659.6 | −0.289% | $5.7M | $3.6M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,659.2 | −0.312% | — | $1.6M | 10x | as long as short |
| HTX OPENAI-USDTshort | 0.0000% | 8h | 1,660.6 | −0.226% | $81K | $173K | 20x | |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,659.3 | −0.306% | $1.7M | $508K | 10x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,707.4 | +2.582% | $2.8M | $6.3M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,658.2 | −0.373% | $145K | $822K | 10x | as long as short |
QFEX OPENAI-USD
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
Phemex OPENAIUSDT
Lighter RH OPENAI
Extended OPENAI-USDShow all 22 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster OPENAIUSDT | +0.0050% | 8h | 1,659.9 | −0.273% | $216K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,658.7 | −0.342% | $23.5M | $18.4M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,657.5 | −0.416% | $6.7M | $2.5M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,665.9 | +0.090% | $391K | $310K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,659.8 | −0.274% | $2.6M | $773K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,659.8 | −0.277% | $2K | $173K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0058% | 8h | 1,659.7 | −0.284% | $490K | $334K | 20x | as long as short |
| Lighter OPENAI | +0.0072% | 1h | 1,742.2 | +4.671% | $1.5M | $266K | 5x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,658.9 | −0.329% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0824% | 1h | 1,694.3 | +1.796% | $7.9M | $2.6M | 6x | as long as short |
| Coinbase International OPENAI-PERP-INTXlong | +0.1008% | 1h | 1,664.4 | long leg | $234K | $180K | 5x | |
| Deribit OPENAI_USDC-PERPETUAL | +0.7389% | 1h | 1,658.7 | −0.341% | $3K | $3K | 5x | as long as short |
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
BloFin OPENAI-USDT
Lighter OPENAI
Aevo OPENAI-PERP
Entropy io:OAI
Deribit OPENAI_USDC-PERPETUAL