Funding you earn now, next payment 05:00 UTC−0.0058%/8h= −6.4% APRpaid last 24h −0.051%
Price spread now: Aster against Entropy−2.831%7-day average −4.298% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.495%−$50 on $10k
+Price spread, last 4 days (all we have)−2.782%−$278 · spread now −2.831%, 7d avg −4.298%
=Together, before fees−3.278%+ Points / potential airdropAster: Stage 5 · farm board−$328 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 1.466% dearer against Entropy than usual: you sell high and buy low (spread −2.831% now, against its 7-day average of −4.298%): +$147 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3 months. At the pace of the last 7 days (−0.495% in total) that is about 21 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Entropy io:OAI | 1,670.5 | 0.0108 | pay 0.0014% / 1h | 19m 34s | $7.6M | $2.3M | 6x |
| Short | Aster OPENAIUSDT | 1,623.2 | 0.0050 | get 0.0050% / 8h | 3h 19m | $212K | $3K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Entropy. 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
- −$12.28
- Price spread: −2.831% → −4.298%
- $146.65
- Slippage, 4 orders
- no order book: not counted
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $108.37
- Costs to cover
- 0.260%
- Break-even
- from the start
Slippage unknown: Entropy: live order book, 7 min ago; Aster: live order book, 32 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 Entropy live order book, 7 min ago | 5.09 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 32 min ago | 47.41 bp | 94.3 bp −$94 | doesn't fit | doesn't fit | 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 | 1,619.5 | −3.056% | $1.2M | $575K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,710.2 | +2.375% | $1.4M | $265K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,663.2 | −0.437% | $755K | $206K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,650.9 | −1.173% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,615.8 | −3.275% | $52.3M | $25.4M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,621.4 | −2.937% | $5.5M | $4.9M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,622.5 | −2.873% | — | $2.4M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,620.8 | −2.975% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,620.7 | −2.982% | $79K | $221K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,619.5 | −3.051% | $1.6M | $535K | 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 | +0.0023% | 8h | 1,620.8 | −2.975% | $473K | $287K | 20x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,678.2 | +0.462% | $2.7M | $6.2M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,619.5 | −3.055% | $142K | $737K | 10x | as long as short |
| Aster OPENAIUSDTshort | +0.0050% | 8h | 1,623.2 | −2.831% | $212K | $3K | 20x | |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,619.8 | −3.034% | $22.8M | $17.5M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,619.5 | −3.056% | $13.0M | $3.2M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,623.1 | −2.838% | $375K | $68K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,620.4 | −2.997% | $2.6M | $766K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,620.6 | −2.990% | $2K | $160K | 10x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0056% | 1h | 1,623.9 | −2.790% | $226K | $161K | 5x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,620.2 | −3.012% | — | — | 10x | as long as short |
| Entropy io:OAIlong | +0.0108% | 1h | 1,670.5 | long leg | $7.6M | $2.3M | 6x |
Aster OPENAIUSDT
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
Deribit OPENAI_USDC-PERPETUAL
HTX OPENAI-USDT
Phemex OPENAIUSDT
BloFin OPENAI-USDT
Lighter RH OPENAI
Extended OPENAI-USD
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
Coinbase International OPENAI-PERP-INTX