Funding you earn now, next payment 11:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h +0.014%
Price spread now: Extended against Gate+0.115%7-day average +0.141% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$930.928% of the position
Funding, last 7 days+0.101%+$10 on $10k
+Price spread, last 4 days (all we have)−0.081%−$8 · spread now +0.115%, 7d avg +0.141%
=Together, before fees+0.020%+ Points / potential airdropExtended: Active · farm board+$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.026% cheaper against Gate than usual: you would sell low and buy high (spread +0.115% now, against its 7-day average of +0.141%). If the spread goes back, that is −$3 on $10k: about 43 hours of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate OPENAI_USDT | 1,632.4 | 0 | get 0.0000% / 8h | 5h 47m | $49.1M | $15.2M | 50x |
| Short | Extended OPENAI-USD | 1,634.3 | 0.0048 | get 0.0006% / 1h | 47m 38s | $142K | $812K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $10.08
- Price spread: +0.115% → +0.141%
- −$2.55
- Slippage, 4 orders
- −$72.81
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$85.28
- Costs to cover
- 0.928%
- Break-even
- 66.2 days
Slippage from Gate: live order book, 4 min ago; Extended: live order book, 63 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 | 1.68 bp | 11.1 bp −$11 | 122.8 bp −$1,228 | doesn't fit | doesn't fit |
| Sell Extended live order book, 63 min ago | 4.30 bp | 31.5 bp −$31 | 243.9 bp −$2,439 | doesn't fit | doesn't fit |
OPENAI on 22 exchanges
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 | −0.0003% | 1h | 1,634.9 | +0.149% | $1.2M | $657K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,713.4 | +4.962% | $1.4M | $274K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,671.8 | +2.414% | $731K | $279K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,660.2 | +1.701% | $5.1M | $1.2M | 20x | as long as short |
| Gate OPENAI_USDTlong | 0.0000% | 8h | 1,632.4 | long leg | $49.1M | $15.2M | 50x | |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,635.6 | +0.191% | $5.4M | $3.6M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,634.4 | +0.120% | — | $1.7M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,634.5 | +0.123% | $3K | $3K | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,633.9 | +0.086% | $80K | $154K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,634.9 | +0.149% | $1.6M | $503K | 10x | as long as short |
Show all 22 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH OPENAI | +0.0032% | 1h | 1,682.2 | +3.046% | $2.8M | $6.3M | 5x | as long as short |
| Extended OPENAI-USDshort | +0.0048% | 1h | 1,634.3 | +0.115% | $142K | $812K | 10x | |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,637.5 | +0.307% | $213K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,634.9 | +0.148% | $23.1M | $17.3M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,634.9 | +0.148% | $6.7M | $2.5M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,638.9 | +0.396% | $380K | $227K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,633 | +0.036% | $2.6M | $770K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,630.7 | −0.106% | $2K | $169K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0063% | 8h | 1,634.1 | +0.099% | $484K | $321K | 20x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,634.2 | +0.105% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0169% | 1h | 1,672.3 | +2.442% | $7.6M | $2.4M | 6x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0712% | 1h | 1,635.2 | +0.169% | $230K | $175K | 5x | as long as short |
Gate OPENAI_USDT
Extended OPENAI-USD
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Bitget OPENAIUSDT
SunX OPENAI-USDT
Deribit OPENAI_USDC-PERPETUAL
HTX OPENAI-USDT
Phemex OPENAIUSDT
Lighter RH OPENAI
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
BloFin OPENAI-USDT
Coinbase International OPENAI-PERP-INTX