Funding you earn now, next payment 12:00 UTC+0.0781%/8h= +85.6% APRnext payment +$0.98 per $10,000 · paid last 24h +0.046%
Price spread now: Entropy against Lighter RH−0.758%7-day average −0.473% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.515%+$52 on $10k
+Price spread, last 7 days+0.288%+$29 · spread now −0.758%, 7d avg −0.473%
=Together, before fees+0.803%+ Points / potential airdropLighter RH: Points live · farm board+$80 on $10k · with fees, hour by hour
Funding pays, the price is against you. Entropy is 0.285% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.758% now, against its 7-day average of −0.473%). If the spread goes back, that is −$28 on $10k: about 29 hours of funding at the current rate (+$23 a day). At the pace of the last 7 days (+0.515% in total) that is about 3.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.515% in total (about 26.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.98 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH OPENAI | 1,699.2 | 0.0032 | pay 0.0004% / 1h | 58m 59s | $2.8M | $6.2M | 5x |
| Short | Entropy io:OAI | 1,686.3 | 0.0813 | get 0.0102% / 1h | 58m 59s | $7.8M | $2.5M | 6x |
Lighter RH OPENAI
Entropy io:OAIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy against Lighter RH. 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
- $164.11
- Price spread: −0.758% → −0.473%
- −$28.46
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- $117.64
- Costs to cover
- 0.180%
- Break-even
- 2.0 days
Slippage unknown: Lighter RH: live order book, 3 min ago; Entropy: live order book, 1 min ago. Net counts fees only.
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 RH live order book, 3 min ago | 1.50 bp | 6.5 bp −$7 | 71.4 bp −$714 | doesn't fit | doesn't fit |
| Sell Entropy live order book, 1 min ago | 4.13 bp | 23.8 bp −$24 | doesn't fit | 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 | −0.0001% | 1h | 1,651.3 | −2.818% | $1.2M | $695K | 10x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,682.3 | −0.993% | $716K | $315K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,675.3 | −1.405% | $5.2M | $1.2M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,648.3 | −2.994% | $50.5M | $16.7M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,651.4 | −2.814% | $5.6M | $3.6M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,650.8 | −2.847% | — | $1.6M | 10x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,651.6 | −2.803% | $80K | $174K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,651.4 | −2.810% | $1.6M | $508K | 10x | as long as short |
| Lighter RH OPENAIlong | +0.0032% | 1h | 1,699.2 | long leg | $2.8M | $6.2M | 5x | |
| Lighter OPENAI | +0.0040% | 1h | 1,732 | +1.929% | $1.4M | $263K | 5x | as long as short |
QFEX OPENAI-USD
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
HTX OPENAI-USDT
Phemex OPENAIUSDT
Lighter OPENAIShow all 22 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended OPENAI-USD | +0.0048% | 1h | 1,651.1 | −2.829% | $144K | $810K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,653.8 | −2.670% | $216K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,651.7 | −2.793% | $23.3M | $18.0M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,651.5 | −2.805% | $6.7M | $2.5M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,657.1 | −2.476% | $392K | $290K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,650.9 | −2.843% | $2.6M | $773K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,647.2 | −3.060% | $2K | $171K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0073% | 8h | 1,651.3 | −2.818% | $490K | $329K | 20x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,651.2 | −2.822% | — | — | 10x | as long as short |
| Entropy io:OAIshort | +0.0813% | 1h | 1,686.3 | −0.758% | $7.8M | $2.5M | 6x | |
| Coinbase International OPENAI-PERP-INTX | +0.1008% | 1h | 1,656.5 | −2.512% | $233K | $178K | 5x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | +0.5675% | 1h | 1,651.5 | −2.807% | $3K | $3K | 5x | as long as short |
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
BloFin OPENAI-USDT
Aevo OPENAI-PERP
Coinbase International OPENAI-PERP-INTX
Deribit OPENAI_USDC-PERPETUAL