Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h —
Price spread now: Bybit against Deribit+2.678%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 11 hours (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 2.678% dearer against Deribit than usual: you sell high and buy low, +$268 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit OPENAI_USDC-PERPETUAL | 1,628.6 | 0 | get 0.0000% / 1h | 45m 59s | — | $3 | 5x |
| Short | Bybit OPENAIUSDT | 1,672.2 | 0 | get 0.0000% / 8h | 1h 45m | $760K | $225K | 25x |
Deribit OPENAI_USDC-PERPETUAL
Bybit OPENAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Deribit. 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: +2.678% → 0.000%
- $267.84
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $249.84
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: Deribit: no order-book sample; Bybit: live order book, 34 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 34 min ago | 18.03 bp | 71.7 bp −$72 | 478.5 bp −$4,785 | doesn't fit | doesn't fit |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0005% | 1h | 1,625.5 | −0.188% | $1.2M | $372K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,695.6 | +4.113% | $1.4M | $289K | 5x | as long as short |
| Bybit OPENAIUSDTshort | 0.0000% | 8h | 1,672.2 | +2.678% | $760K | $225K | 25x | |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,659.2 | +1.880% | $5.1M | $1.4M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,625 | −0.219% | $52.8M | $40.6M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,630 | +0.087% | $5.5M | $5.1M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,627.7 | −0.055% | — | $2.6M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUALlong | 0.0000% | 1h | 1,628.6 | long leg | — | $3 | 5x | |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,626.5 | −0.128% | $79K | $213K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,628 | −0.037% | $1.6M | $581K | 10x | as long as short |
QFEX OPENAI-USD
Lighter OPENAI
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
HTX OPENAI-USDT
Phemex OPENAIUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin OPENAI-USDT | +0.0028% | 8h | 1,624.7 | −0.238% | $473K | $295K | 20x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,664.9 | +2.226% | $2.6M | $6.2M | 5x | as long as short |
| Entropy io:OAI | +0.0042% | 1h | 1,661.2 | +2.002% | $7.3M | $2.2M | 6x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,625.4 | −0.193% | $132K | $670K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,633.9 | +0.328% | $213K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,625.7 | −0.174% | $23.1M | $21.0M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,628.3 | −0.020% | $13.0M | $3.1M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,636.1 | +0.462% | $377K | $66K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,625.7 | −0.175% | $2.6M | $757K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,626.9 | −0.104% | $2K | $153K | 10x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,625.7 | −0.175% | — | — | 10x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0456% | 1h | 1,631.2 | +0.160% | $237K | $106K | 5x | as long as short |
BloFin OPENAI-USDT
Lighter RH OPENAI
Entropy io:OAI
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
Aevo OPENAI-PERP
Coinbase International OPENAI-PERP-INTX