Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Gate+2.132%7-day average +2.169% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$920.919% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.040%+$4 · spread now +2.132%, 7d avg +2.169%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.037% cheaper against Gate than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +2.169%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate OPENAI_USDT | 1,615.9 | 0 | get 0.0000% / 8h | 3h 16m | $52.3M | $25.4M | 50x |
| Short | OKX OPENAI-USDT-SWAP | 1,650.3 | 0 | get 0.0000% / 8h | 3h 16m | $5.1M | $1.3M | 20x |
Gate OPENAI_USDT
OKX OPENAI-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $0
- Price spread: +2.132% → +2.169%
- −$3.72
- Slippage, 4 orders
- −$66.91
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$95.63
- Costs to cover
- 0.919%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; OKX: live order book, 1 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, 2 min ago | 2.07 bp | 13.3 bp −$13 | 353.5 bp −$3,535 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 4.85 bp | 41.5 bp −$41 | 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 | −0.0001% | 1h | 1,619.3 | +0.215% | $1.2M | $575K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,709.9 | +5.817% | $1.4M | $265K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,662.1 | +2.862% | $754K | $206K | 25x | as long as short |
| OKX OPENAI-USDT-SWAPshort | 0.0000% | 8h | 1,650.3 | +2.132% | $5.1M | $1.3M | 20x | |
| Gate OPENAI_USDTlong | 0.0000% | 8h | 1,615.9 | long leg | $52.3M | $25.4M | 50x | |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,620.5 | +0.287% | $5.5M | $4.9M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,621.3 | +0.337% | — | $2.4M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,619.6 | +0.231% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,620 | +0.258% | $79K | $221K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,618.2 | +0.142% | $1.6M | $534K | 10x | as long as short |
QFEX OPENAI-USD
Lighter OPENAI
Bybit OPENAIUSDT
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 | 1,677.6 | +3.822% | $2.7M | $6.2M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,618.7 | +0.179% | $142K | $737K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,622.5 | +0.414% | $211K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,619.2 | +0.206% | $22.8M | $17.6M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,618.9 | +0.190% | $13.0M | $3.2M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,623.1 | +0.448% | $375K | $68K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,620.4 | +0.284% | $2.6M | $766K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,620.6 | +0.291% | $2K | $160K | 10x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0056% | 1h | 1,623.9 | +0.498% | $226K | $161K | 5x | as long as short |
| BloFin OPENAI-USDT | +0.0063% | 8h | 1,618.9 | +0.191% | $473K | $286K | 20x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,618.9 | +0.192% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0107% | 1h | 1,670.1 | +3.357% | $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
BloFin OPENAI-USDT
Aevo OPENAI-PERP
Entropy io:OAI