OPENAI

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.4% APRpaid last 24h −0.016%

Price spread now: QFEX against MEXC−0.027%7-day average −0.033% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$230.233% of the position

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.059%−$6 on $10k

Price spread, last 7 days+0.012%+$1 · spread now −0.027%, 7d avg −0.033%

Together, before fees−0.047%−$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.033%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC OPENAI_USDT	1,621.2	0.0050	pay 0.0050% / 8h	5h 46m	$13.0M	$3.2M	50x
Short	QFEX OPENAI-USD	1,620.8	0.0000	get 0.0000% / 1h	46m 58s	$1.2M	$447K	10x

Funding history

latest

Range statsloading…

QFEX against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee MEXCbpFee QFEXbpOrdersPrice spread, now −0.027%Rate

Slippage from MEXC: live order book, 1 min ago; QFEX: live order book, 4 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 1 min ago	1.02 bp	1.8 bp −$2	15.1 bp −$151	doesn't fit	doesn't fit
Sell QFEX live order book, 4 min ago	2.46 bp	11.5 bp −$11	20.7 bp −$207	doesn't fit	doesn't fit

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
Coinbase International OPENAI-PERP-INTX	−0.0104%	1h	1,623.3	+0.126%	$224K	$158K	5x	as long as short
Lighter OPENAI	0.0000%	1h	1,707	+5.290%	$1.4M	$268K	5x	as long as short
Bybit OPENAIUSDT	0.0000%	8h	1,664	+2.642%	$763K	$203K	25x	as long as short
OKX OPENAI-USDT-SWAP	0.0000%	8h	1,650.4	+1.801%	$5.1M	$1.3M	20x	as long as short
Gate OPENAI_USDT	0.0000%	8h	1,617.9	−0.205%	$52.3M	$28.7M	50x	as long as short
Bitget OPENAIUSDT	0.0000%	8h	1,622.8	+0.098%	$5.5M	$5.1M	20x	as long as short
SunX OPENAI-USDT	0.0000%	8h	1,623.1	+0.117%	—	$2.4M	10x	as long as short
Deribit OPENAI_USDC-PERPETUAL	0.0000%	1h	1,621.2	−0.001%	—	$3	5x	as long as short
HTX OPENAI-USDT	0.0000%	8h	1,621.4	+0.013%	$79K	$216K	20x	as long as short
Phemex OPENAIUSDT	0.0000%	8h	1,621	−0.014%	$1.6M	$543K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX OPENAI-USDshort	0.0000%	1h	1,620.8	−0.027%	$1.2M	$447K	10x
Lighter RH OPENAI	+0.0032%	1h	1,674.9	+3.313%	$2.7M	$6.1M	5x	as long as short
BloFin OPENAI-USDT	+0.0042%	8h	1,621	−0.014%	—	$276K	20x	as long as short
Extended OPENAI-USD	+0.0048%	1h	1,620.6	−0.037%	$131K	$720K	10x	as long as short
Aster OPENAIUSDT	+0.0050%	8h	1,626	+0.293%	$212K	$3K	20x	as long as short
Binance OPENAIUSDT	+0.0050%	8h	1,620.9	−0.017%	$22.9M	$17.8M	20x	as long as short
MEXC OPENAI_USDTlong	+0.0050%	8h	1,621.2	long leg	$13.0M	$3.2M	50x
KuCoin OPENAIUSDTM	+0.0050%	8h	1,622.1	+0.056%	$374K	$71K	20x	as long as short
Variational Omni OPENAI	+0.0050%	8h	1,622.7	+0.091%	$2.6M	$752K	—	as long as short
GRVT OPENAI_USDT_Perp	+0.0050%	8h	1,622.3	+0.068%	$2K	$137K	10x	as long as short
Entropy io:OAI	+0.0100%	1h	1,667.3	+2.843%	$7.4M	$2.1M	6x	as long as short
Aevo OPENAI-PERP	+0.0104%	1h	1,620.7	−0.030%	—	—	10x	as long as short