Funding you earn now, next payment 08:00 UTC+0.0054%/8h= +6.0% APRnext payment +$0.54 per $10,000 · paid last 24h +0.012%
Price spread now: BloFin against Gate+0.048%7-day average +0.192% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$590.586% of the position
Funding, last 7 days+0.107%+$11 on $10k
+Price spread, last 4 days (all we have)+0.134%+$13 · spread now +0.048%, 7d avg +0.192%
=Funding pays, the price is against you. BloFin is 0.145% cheaper against Gate than usual: you would sell low and buy high (spread +0.048% now, against its 7-day average of +0.192%). If the spread goes back, that is −$14 on $10k: about 8.8 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate OPENAI_USDT | 1,617.1 | 0 | get 0.0000% / 8h | 4m 40s | $45.5M | $14.1M | 50x |
| Short | BloFin OPENAI-USDT | 1,617.8 | 0.0054 | get 0.0054% / 8h | 4m 40s | $475K | $295K | 20x |
Gate OPENAI_USDT
BloFin OPENAI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $11.44
- Price spread: +0.048% → +0.192%
- −$14.46
- Slippage, 4 orders
- −$31.62
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$61.64
- Costs to cover
- 0.586%
- Break-even
- 44.7 days
Slippage from Gate: live order book, 4 min ago; BloFin: live order book, 11 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, 4 min ago | 0.22 bp | 13.7 bp −$14 | 227.2 bp −$2,272 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 11 min ago | 0.40 bp | 17.5 bp −$18 | 20.3 bp −$203 | 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 | 1,617.4 | +0.021% | $1.2M | $628K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,706.9 | +5.558% | $1.4M | $269K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,657 | +2.469% | $736K | $269K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,645.1 | +1.735% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDTlong | 0.0000% | 8h | 1,617.1 | long leg | $45.5M | $14.1M | 50x | |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,619.8 | +0.170% | $5.3M | $4.5M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,618 | +0.059% | — | $2.4M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,618.5 | +0.088% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,617.9 | +0.050% | $79K | $225K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,617.7 | +0.039% | $1.6M | $501K | 10x | as long as short |
QFEX OPENAI-USD
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Bitget OPENAIUSDT
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 | 1,674 | +3.520% | $2.7M | $6.2M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,617.3 | +0.016% | $142K | $803K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,620.6 | +0.217% | $211K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,617.9 | +0.050% | $22.9M | $16.7M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,618 | +0.057% | $6.6M | $5.0M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,617.9 | +0.052% | $373K | $74K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,617.3 | +0.016% | $2.6M | $760K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,616.6 | −0.028% | $2K | $176K | 10x | as long as short |
| BloFin OPENAI-USDTshort | +0.0054% | 8h | 1,617.8 | +0.048% | $475K | $295K | 20x | |
| Coinbase International OPENAI-PERP-INTX | +0.0072% | 1h | 1,623.7 | +0.414% | $235K | $174K | 5x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,617.6 | +0.032% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0124% | 1h | 1,665.1 | +2.971% | $7.6M | $2.3M | 6x | as long as short |
Lighter RH OPENAI
Extended OPENAI-USD
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