Funding you earn now, next payment 10:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter RH against OKX+1.267%7-day average +3.647% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$325as in the Price arb table
costs, in and out, $10k−$870.872% of the position
Funding, last 7 days+0.067%+$7 on $10k
+Price spread, last 7 days+3.779%+$378 · spread now +1.267%, 7d avg +3.647%
=Together, before fees+3.846%+ Points / potential airdropLighter RH: Points live · farm board+$385 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter RH is 2.380% cheaper against OKX than usual: you would sell low and buy high (spread +1.267% now, against its 7-day average of +3.647%). If the spread goes back, that is −$238 on $10k: about 8 months of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX OPENAI-USDT-SWAP | 1,658.5 | 0 | get 0.0000% / 8h | 6h 02m | $5.1M | $1.2M | 20x |
| Short | Lighter RH OPENAI | 1,679.5 | 0.0032 | get 0.0004% / 1h | 2m 11s | $2.8M | $6.4M | 5x |
OKX OPENAI-USDT-SWAP
Lighter RH OPENAIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- $6.72
- Price spread: +1.267% → +3.647%
- −$238
- Slippage, 4 orders
- −$77.19
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$318.47
- Costs to cover
- 0.872%
- Break-even
- 338.7 days
Slippage from OKX: live order book, 4 min ago; Lighter RH: 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, 4 min ago | 1.21 bp | 36.6 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 4 min ago | 0.06 bp | 6.4 bp −$6 | 72.2 bp −$722 | 554.8 bp −$55.5K | 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 | −0.0010% | 1h | 1,629.5 | −1.749% | $1.2M | $650K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,713.2 | +3.298% | $1.4M | $282K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,667.2 | +0.522% | $733K | $282K | 25x | as long as short |
| OKX OPENAI-USDT-SWAPlong | 0.0000% | 8h | 1,658.5 | long leg | $5.1M | $1.2M | 20x | |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,627.6 | −1.863% | $48.7M | $14.6M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,631.1 | −1.650% | $5.4M | $3.7M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,628.6 | −1.803% | — | $1.7M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,630.1 | −1.714% | $3K | $3K | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,631.4 | −1.635% | $79K | $209K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,629.3 | −1.759% | $1.6M | $502K | 10x | as long as short |
QFEX OPENAI-USD
Lighter OPENAI
Bybit OPENAIUSDT
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
Deribit OPENAI_USDC-PERPETUAL
HTX OPENAI-USDT
Phemex OPENAIUSDTShow all 22 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH OPENAIshort | +0.0032% | 1h | 1,679.5 | +1.267% | $2.8M | $6.4M | 5x | |
| BloFin OPENAI-USDT | +0.0035% | 8h | 1,630.7 | −1.676% | $482K | $318K | 20x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,629.3 | −1.763% | $142K | $814K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,632 | −1.595% | $213K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,629.9 | −1.726% | $23.0M | $17.1M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,631.9 | −1.606% | $6.7M | $2.5M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,633.8 | −1.492% | $378K | $212K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,632.2 | −1.583% | $2.6M | $770K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,631.2 | −1.649% | $2K | $170K | 10x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,629.6 | −1.740% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0169% | 1h | 1,671.8 | +0.802% | $7.6M | $2.4M | 6x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0720% | 1h | 1,635.2 | −1.405% | $230K | $176K | 5x | as long as short |
BloFin OPENAI-USDT
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