Funding you earn now, next payment 16:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h +0.015%
Price spread now: Aster against Gate+0.331%7-day average +0.317% · you sell dearer than you buy
Net, funding: paid 7d − costs−$393as in the Funding arb table
Net, price: spread back to 7d avg − costs−$402as in the Price arb table
costs, in and out, $10k−$4034.030% of the position
Funding, last 7 days+0.105%+$11 on $10k
+Price spread, last 4 days (all we have)−0.161%−$16 · spread now +0.331%, 7d avg +0.317%
=Together, before fees−0.056%+ Points / potential airdropAster: Stage 5 · farm board−$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.317%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate OPENAI_USDT | 1,617.9 | 0 | get 0.0000% / 8h | 7h 26m | $46.1M | $10.3M | 50x |
| Short | Aster OPENAIUSDT | 1,623.3 | 0.0050 | get 0.0050% / 8h | 7h 26m | $212K | $3K | 20x |
Gate OPENAI_USDT
Aster OPENAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Gate. 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
- $10.5
- Price spread: +0.331% → +0.317%
- $1.37
- Slippage, 4 orders
- −$380.04
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$391.17
- Costs to cover
- 4.030%
- Break-even
- 267.8 days
Slippage from Gate: live order book, 3 min ago; Aster: live order book, 5 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 Gate live order book, 3 min ago | 0.62 bp | 11.6 bp −$12 | 138.3 bp −$1,383 | doesn't fit | doesn't fit |
| Sell Aster live order book, 5 min ago | 30.21 bp | 77.3 bp −$77 | 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 | −0.0004% | 1h | 1,620.7 | +0.173% | $1.2M | $631K | 10x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,658 | +2.475% | $730K | $284K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,649.3 | +1.938% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDTlong | 0.0000% | 8h | 1,617.9 | long leg | $46.1M | $10.3M | 50x | |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,622.1 | +0.258% | $5.4M | $3.9M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,621.6 | +0.226% | — | $2.3M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,621 | +0.190% | $3K | $3K | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,621.2 | +0.200% | $79K | $225K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,619.7 | +0.106% | $1.6M | $498K | 10x | as long as short |
| Lighter OPENAI | +0.0008% | 1h | 1,709.6 | +5.664% | $1.4M | $274K | 5x | as long as short |
QFEX OPENAI-USD
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Bitget OPENAIUSDT
SunX OPENAI-USDT
Deribit OPENAI_USDC-PERPETUAL
HTX OPENAI-USDT
Phemex OPENAIUSDT
Lighter OPENAIShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH OPENAI | +0.0032% | 1h | 1,676.7 | +3.629% | $2.7M | $6.2M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,620.3 | +0.143% | $142K | $808K | 10x | as long as short |
| Aster OPENAIUSDTshort | +0.0050% | 8h | 1,623.3 | +0.331% | $212K | $3K | 20x | |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,620.8 | +0.175% | $22.9M | $16.3M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,621 | +0.192% | $6.6M | $2.4M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,620.7 | +0.171% | $374K | $114K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,618.9 | +0.062% | $2.6M | $760K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,618.2 | +0.019% | $2K | $173K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0073% | 8h | 1,619.7 | +0.106% | $478K | $298K | 20x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,620.2 | +0.142% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0195% | 1h | 1,669.3 | +3.174% | $7.6M | $2.3M | 6x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0344% | 1h | 1,629 | +0.684% | $236K | $171K | 5x | as long as short |
Lighter RH OPENAI
Extended OPENAI-USD
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
BloFin OPENAI-USDT
Aevo OPENAI-PERP
Entropy io:OAI
Coinbase International OPENAI-PERP-INTX