Funding you earn now, next payment 20:00 UTC−0.0008%/8hpaid last 24h −0.189%
Price spread now: HTX against Lighter−4.246%7-day average −6.589% · you buy dearer than you sell
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs+$108as in the Price arb table
costs, in and out, $10k−$1261.264% of the position
Funding, last 7 days−0.191%−$19 on $10k
+Price spread, last 3 days (all we have)−3.565%−$356 · spread now −4.246%, 7d avg −6.589%
=Together, before fees−3.756%+ Points / potential airdropLighter: Season 3 · farm board−$376 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 2.343% dearer against Lighter than usual: you sell high and buy low, +$234 on $10k if it goes back to its 7-day average of −6.589%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter OPENAI | 1,719.9 | 0.0008 | pay 0.0001% / 1h | 0m 10s | $1.4M | $355K | 5x |
| Short | HTX OPENAI-USDT | 1,646.8 | 0 | get 0.0000% / 8h | 4h 00m | $79K | $211K | 20x |
Lighter OPENAI
HTX OPENAI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Lighter. 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
- −$1.68
- Price spread: −4.246% → −6.589%
- $234.28
- Slippage, 4 orders
- −$114.38
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $106.22
- Costs to cover
- 1.264%
- Break-even
- from the start
Slippage from Lighter: live order book, 6 min ago; HTX: live order book, 30 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 Lighter live order book, 6 min ago | 2.85 bp | 19.2 bp −$19 | 561.7 bp −$5,617 | doesn't fit | doesn't fit |
| Sell HTX live order book, 30 min ago | 0.91 bp | 19.7 bp −$20 | 61.1 bp −$611 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,688.5 | −1.823% | $761K | $217K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,674.5 | −2.637% | $5.2M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,644.1 | −4.405% | $53.5M | $54.2M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,648.7 | −4.138% | $5.6M | $4.8M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,647.1 | −4.231% | — | $2.6M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,647 | −4.236% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDTshort | 0.0000% | 8h | 1,646.8 | −4.246% | $79K | $211K | 20x | |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,647.5 | −4.205% | $1.7M | $593K | 10x | as long as short |
| Lighter OPENAIlong | +0.0008% | 1h | 1,719.9 | long leg | $1.4M | $355K | 5x | |
| QFEX OPENAI-USD | +0.0011% | 1h | 1,647.1 | −4.228% | $1.2M | $350K | 10x | as long as short |
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
Deribit OPENAI_USDC-PERPETUAL
Phemex OPENAIUSDT
QFEX OPENAI-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin OPENAI-USDT | +0.0030% | 8h | 1,646.9 | −4.244% | $483K | $285K | 20x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,691.2 | −1.669% | $2.7M | $6.2M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,646.5 | −4.264% | $137K | $655K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,646.8 | −4.250% | $215K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,647.5 | −4.207% | $23.5M | $21.3M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,648 | −4.177% | $13.1M | $3.1M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,650.3 | −4.046% | $376K | $64K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,647.4 | −4.213% | $2.7M | $663K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,641.3 | −4.570% | $2K | $150K | 10x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,648.3 | −4.163% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0116% | 1h | 1,689.4 | −1.771% | $7.6M | $1.7M | 6x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.2072% | 1h | 1,654.5 | −3.798% | $245K | $100K | 5x | as long as short |
BloFin OPENAI-USDT
Lighter RH OPENAI
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
Aevo OPENAI-PERP
Entropy io:OAI
Coinbase International OPENAI-PERP-INTX