Funding you earn now, next payment 08:00 UTC−0.0048%/8h= −5.3% APRpaid last 24h −0.014%
Price spread now: Bitget against Extended+0.110%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$188as in the Funding arb table
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$1781.781% of the position
Funding, last 7 days−0.101%−$10 on $10k
+Price spread, last 4 days (all we have)−0.180%−$18 · spread now +0.110%, 7d avg +0.014%
=Together, before fees−0.280%+ Points / potential airdropExtended: Active · farm board−$28 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.096% dearer against Extended than usual: you sell high and buy low (spread +0.110% now, against its 7-day average of +0.014%): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended OPENAI-USD | 1,615.1 | 0.0048 | pay 0.0006% / 1h | 11m 32s | $142K | $806K | 10x |
| Short | Bitget OPENAIUSDT | 1,616.9 | 0 | get 0.0000% / 8h | 11m 32s | $5.3M | $4.5M | 20x |
Extended OPENAI-USD
Bitget OPENAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Extended. 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
- −$10.08
- Price spread: +0.110% → +0.014%
- $9.64
- Slippage, 4 orders
- −$161.14
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$178.58
- Costs to cover
- 1.781%
- Break-even
- never at this rate
Slippage from Extended: live order book, 26 min ago; Bitget: live order book, 2 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 Extended live order book, 26 min ago | 4.03 bp | 43.6 bp −$44 | 285.5 bp −$2,855 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 1.73 bp | 61.0 bp −$61 | 108.0 bp −$1,080 | 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 | −0.0005% | 1h | 1,615.5 | +0.024% | $1.2M | $627K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,705.3 | +5.583% | $1.4M | $269K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,655 | +2.471% | $735K | $268K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,641.9 | +1.658% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,614.4 | −0.043% | $45.5M | $14.0M | 50x | as long as short |
| Bitget OPENAIUSDTshort | 0.0000% | 8h | 1,616.9 | +0.110% | $5.3M | $4.5M | 20x | |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,617 | +0.116% | — | $2.4M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,615.6 | +0.026% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,616.3 | +0.071% | $79K | $225K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,614.9 | −0.012% | $1.6M | $502K | 10x | as long as short |
QFEX OPENAI-USD
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
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 OPENAI | +0.0032% | 1h | 1,672.1 | +3.524% | $2.7M | $6.2M | 5x | as long as short |
| BloFin OPENAI-USDT | +0.0037% | 8h | 1,615.6 | +0.027% | $475K | $294K | 20x | as long as short |
| Extended OPENAI-USDlong | +0.0048% | 1h | 1,615.1 | long leg | $142K | $806K | 10x | |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,618.2 | +0.190% | $211K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,615.5 | +0.025% | $22.8M | $16.6M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,615.6 | +0.032% | $6.6M | $5.0M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,616.5 | +0.083% | $372K | $72K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,616.2 | +0.064% | $2.6M | $760K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,616.4 | +0.078% | $2K | $176K | 10x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0072% | 1h | 1,623.7 | +0.533% | $235K | $174K | 5x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,615.1 | +0.001% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0122% | 1h | 1,665.2 | +3.100% | $7.6M | $2.3M | 6x | as long as short |
Lighter RH OPENAI
BloFin OPENAI-USDT
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