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 Phemex+0.100%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$172as in the Funding arb table
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$1541.535% of the position
Funding, last 7 days−0.188%−$19 on $10k
+Price spread, last 4 days (all we have)−0.178%−$18 · spread now +0.100%, 7d avg −0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.103% dearer against Phemex than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex OPENAIUSDT | 1,616 | 0 | get 0.0000% / 8h | 33m 01s | $1.6M | $508K | 10x |
| Short | HTX OPENAI-USDT | 1,617.6 | 0 | get 0.0000% / 8h | 33m 01s | $79K | $224K | 20x |
Phemex OPENAIUSDT
HTX OPENAI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Phemex. 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: +0.100% → −0.003%
- $10.31
- Slippage, 4 orders
- −$129.55
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$143.24
- Costs to cover
- 1.535%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 5 min ago; HTX: live order book, 3 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 Phemex live order book, 5 min ago | 4.86 bp | 71.2 bp −$71 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 3 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 | 1,616.2 | +0.011% | $1.2M | $617K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,705.4 | +5.528% | $1.4M | $269K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,656.7 | +2.515% | $737K | $263K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,646.3 | +1.873% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,614.9 | −0.069% | $45.3M | $13.8M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,617.9 | +0.113% | $5.4M | $4.4M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,617.7 | +0.103% | — | $2.4M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,616.5 | +0.030% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDTshort | 0.0000% | 8h | 1,617.6 | +0.100% | $79K | $224K | 20x | |
| Phemex OPENAIUSDTlong | 0.0000% | 8h | 1,616 | long leg | $1.6M | $508K | 10x |
QFEX OPENAI-USD
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
Deribit OPENAI_USDC-PERPETUALShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH OPENAI | +0.0032% | 1h | 1,670.2 | +3.350% | $2.7M | $6.1M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,616.1 | +0.003% | $142K | $806K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,618.8 | +0.174% | $211K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,616.5 | +0.030% | $22.8M | $16.8M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,617.2 | +0.073% | $6.6M | $5.0M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,619.8 | +0.236% | $375K | $67K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,617.5 | +0.092% | $2.6M | $758K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,616.9 | +0.051% | $2K | $181K | 10x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0072% | 1h | 1,619.5 | +0.217% | $226K | $166K | 5x | as long as short |
| BloFin OPENAI-USDT | +0.0079% | 8h | 1,617.4 | +0.082% | $474K | $296K | 20x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,616.2 | +0.011% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0121% | 1h | 1,665.8 | +3.080% | $7.6M | $2.3M | 6x | as long as short |
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
Aevo OPENAI-PERP
Entropy io:OAI