Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h +0.015%
Price spread now: Aster against OKX−1.415%7-day average −1.894% · you buy dearer than you sell
Net, funding: paid 7d − costs−$574as in the Funding arb table
Net, price: spread back to 7d avg − costs−$536as in the Price arb table
costs, in and out, $10k−$5845.844% of the position
Funding, last 7 days+0.105%+$11 on $10k
+Price spread, last 4 days (all we have)−0.528%−$53 · spread now −1.415%, 7d avg −1.894%
=Together, before fees−0.423%+ Points / potential airdropAster: Stage 5 · farm board−$42 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aster is 0.479% dearer against OKX than usual: you sell high and buy low: +$48 more if the spread goes back to its 7-day average of −1.894%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX OPENAI-USDT-SWAP | 1,653.1 | 0 | get 0.0000% / 8h | 4h 38m | $5.1M | $1.3M | 20x |
| Short | Aster OPENAIUSDT | 1,629.7 | 0.0050 | get 0.0050% / 8h | 4h 38m | $212K | $3K | 20x |
OKX OPENAI-USDT-SWAP
Aster OPENAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against OKX. 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
- $10.5
- Price spread: −1.415% → −1.894%
- $47.93
- Slippage, 4 orders
- −$566.4
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$525.97
- Costs to cover
- 5.844%
- Break-even
- 357.6 days
Slippage from OKX: live order book, 5 min ago; Aster: live order book, 18 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 OKX live order book, 5 min ago | 0.30 bp | 22.1 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 18 min ago | 46.17 bp | 91.1 bp −$91 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International OPENAI-PERP-INTX | −0.0024% | 1h | 1,625.7 | −1.655% | $226K | $160K | 5x | as long as short |
| QFEX OPENAI-USD | −0.0004% | 1h | 1,623.7 | −1.782% | $1.2M | $540K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,712.5 | +3.594% | $1.4M | $265K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,664.2 | +0.670% | $759K | $206K | 25x | as long as short |
| OKX OPENAI-USDT-SWAPlong | 0.0000% | 8h | 1,653.1 | long leg | $5.1M | $1.3M | 20x | |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,621.8 | −1.895% | $52.5M | $28.1M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,625.4 | −1.679% | $5.5M | $5.0M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,624.7 | −1.718% | — | $2.4M | 10x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,625.3 | −1.683% | $79K | $218K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,624.7 | −1.717% | $1.6M | $545K | 10x | as long as short |
Coinbase International OPENAI-PERP-INTX
QFEX OPENAI-USD
Lighter OPENAI
Bybit OPENAIUSDT
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
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 | 1,679.9 | +1.622% | $2.7M | $6.2M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,623.6 | −1.786% | $144K | $736K | 10x | as long as short |
| Aster OPENAIUSDTshort | +0.0050% | 8h | 1,629.7 | −1.415% | $212K | $3K | 20x | |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,624.1 | −1.755% | $22.9M | $17.9M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,624.9 | −1.705% | $13.0M | $3.2M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,624.4 | −1.736% | $375K | $70K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,624 | −1.760% | $2.6M | $766K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,622.8 | −1.834% | $2K | $147K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0074% | 8h | 1,624.2 | −1.751% | $475K | $282K | 20x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,623.7 | −1.778% | — | — | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | +0.0177% | 1h | 1,625 | −1.702% | — | $3 | 5x | as long as short |
| Entropy io:OAI | +0.0228% | 1h | 1,670.7 | +1.065% | $7.6M | $2.3M | 6x | as long as short |
Lighter RH OPENAI
Extended OPENAI-USD
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
BloFin OPENAI-USDT
Aevo OPENAI-PERP
Deribit OPENAI_USDC-PERPETUAL
Entropy io:OAI