Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.188%
Price spread now: HTX against OKX−1.821%7-day average −2.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$1151.147% of the position
Funding, last 7 days−0.188%−$19 on $10k
+Price spread, last 4 days (all we have)−0.182%−$18 · spread now −1.821%, 7d avg −2.013%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.192% dearer against OKX than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of −2.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX OPENAI-USDT-SWAP | 1,646.3 | 0 | get 0.0000% / 8h | 32m 18s | $5.1M | $1.3M | 20x |
| Short | HTX OPENAI-USDT | 1,616.3 | 0 | get 0.0000% / 8h | 32m 18s | $79K | $224K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $0
- Price spread: −1.821% → −2.013%
- $19.16
- Slippage, 4 orders
- −$92.7
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$95.54
- Costs to cover
- 1.147%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; HTX: live order book, 4 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 | 1.82 bp | 26.1 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 4 min ago | 3.37 bp | 12.3 bp −$12 | 30.6 bp −$306 | 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 | −0.0005% | 1h | 1,615.7 | −1.858% | $1.2M | $615K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,704.5 | +3.536% | $1.4M | $269K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,658.3 | +0.726% | $738K | $263K | 25x | as long as short |
| OKX OPENAI-USDT-SWAPlong | 0.0000% | 8h | 1,646.3 | long leg | $5.1M | $1.3M | 20x | |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,614.6 | −1.926% | $45.3M | $13.8M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,617.5 | −1.751% | $5.4M | $4.4M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,618 | −1.719% | — | $2.4M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,615.7 | −1.857% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDTshort | 0.0000% | 8h | 1,616.3 | −1.821% | $79K | $224K | 20x | |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,615.9 | −1.848% | $1.6M | $508K | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH OPENAI | +0.0032% | 1h | 1,669.4 | +1.404% | $2.7M | $6.1M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,615.8 | −1.855% | $142K | $806K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,618.5 | −1.689% | $211K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,616.2 | −1.829% | $22.8M | $16.8M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,616.9 | −1.785% | $6.6M | $5.0M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,619.8 | −1.607% | $375K | $67K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,617.5 | −1.749% | $2.6M | $758K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,616.9 | −1.788% | $2K | $181K | 10x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0072% | 1h | 1,619.5 | −1.625% | $226K | $165K | 5x | as long as short |
| BloFin OPENAI-USDT | +0.0079% | 8h | 1,617.4 | −1.758% | $474K | $296K | 20x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,615.9 | −1.845% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0118% | 1h | 1,665.6 | +1.172% | $7.6M | $2.3M | 6x | as long as short |
OKX OPENAI-USDT-SWAP
HTX OPENAI-USDT
Lighter OPENAI
Bybit OPENAIUSDT
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
Deribit OPENAI_USDC-PERPETUAL
Phemex OPENAIUSDT
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