Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.055%
Price spread now: Entropy against Extended+3.026%7-day average +4.520% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.506%+$51 on $10k
+Price spread, last 4 days (all we have)+2.436%+$244 · spread now +3.026%, 7d avg +4.520%
=Together, before fees+2.942%+ Points / potential airdropExtended: Active · farm board+$294 on $10k · with fees, hour by hour
Funding pays, the price is against you. Entropy is 1.495% cheaper against Extended than usual: you would sell low and buy high (spread +3.026% now, against its 7-day average of +4.520%). If the spread goes back, that is −$149 on $10k: about 3 months of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.506% in total) that is about 21 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended OPENAI-USD | 1,621.7 | 0.0048 | pay 0.0006% / 1h | 38m 34s | $136K | $717K | 10x |
| Short | Entropy io:OAI | 1,670.8 | 0.0098 | get 0.0012% / 1h | 38m 34s | $7.4M | $2.1M | 6x |
Extended OPENAI-USD
Entropy io:OAIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy 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
- $10.47
- Price spread: +3.026% → +4.520%
- −$149.46
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$161.99
- Costs to cover
- 0.230%
- Break-even
- 115.3 days
Slippage unknown: Extended: live order book, 29 min ago; Entropy: live order book, 7 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 Extended live order book, 29 min ago | 3.69 bp | 39.6 bp −$40 | 261.9 bp −$2,619 | doesn't fit | doesn't fit |
| Sell Entropy live order book, 7 min ago | 3.59 bp | 31.0 bp −$31 | 40.3 bp −$403 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit OPENAI_USDC-PERPETUAL | −0.0238% | 1h | 1,621.9 | +0.012% | — | $3 | 5x | as long as short |
| QFEX OPENAI-USD | −0.0004% | 1h | 1,622.1 | +0.023% | $1.2M | $410K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,708.4 | +5.345% | $1.4M | $280K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,666.2 | +2.740% | $764K | $205K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,650.3 | +1.762% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,619.7 | −0.125% | $52.4M | $31.8M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,623.6 | +0.115% | $5.5M | $5.1M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,623.1 | +0.084% | — | $2.5M | 10x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,622.8 | +0.068% | $79K | $216K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,621.8 | +0.006% | $1.6M | $562K | 10x | as long as short |
Deribit OPENAI_USDC-PERPETUAL
QFEX OPENAI-USD
Lighter OPENAI
Bybit OPENAIUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International OPENAI-PERP-INTX | +0.0024% | 1h | 1,624.5 | +0.168% | $222K | $155K | 5x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,675.9 | +3.338% | $2.7M | $6.1M | 5x | as long as short |
| Extended OPENAI-USDlong | +0.0048% | 1h | 1,621.7 | long leg | $136K | $717K | 10x | |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,627.9 | +0.378% | $212K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,622.2 | +0.028% | $22.9M | $18.9M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,622.4 | +0.039% | $13.1M | $3.2M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,626.2 | +0.273% | $377K | $69K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,623.9 | +0.137% | $2.6M | $761K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,624.7 | +0.185% | $2K | $137K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0059% | 8h | 1,629.3 | +0.464% | $477K | $280K | 20x | as long as short |
| Entropy io:OAIshort | +0.0098% | 1h | 1,670.8 | +3.026% | $7.4M | $2.1M | 6x | |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,621.9 | +0.010% | — | — | 10x | as long as short |
Coinbase International OPENAI-PERP-INTX
Lighter RH OPENAI
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
BloFin OPENAI-USDT
Aevo OPENAI-PERP