# OPENAI funding rates and arbitrage

Updated 2026-10-29 20:08 UTC · https://afterfees.xyz/coin/OPENAI

## Best OPENAI arbitrage after every cost

No OPENAI pair nets a profit at this size right now.

_At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry._

## OPENAI funding rate on every exchange

| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| [QFEX](https://afterfees.xyz/venues/qfex) | OPENAI-USD | 0.0030% | 1 h | +26.3% | — | $1.9M | 2026-10-29 21:00 |
| [BloFin](https://afterfees.xyz/venues/blofin) | OPENAI-USDT | 0.0170% | 8 h | +18.6% | +9.9% | $737.8K | 2026-10-30 00:00 |
| [TXFlow](https://afterfees.xyz/venues/txflow) | OPENAI-USDC | 0.0013% | 1 h | +10.9% | — | $9.1K | 2026-10-29 21:00 |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | OPENAIUSDTM | 0.0050% | 8 h | +5.5% | +5.6% | $391.8K | 2026-10-30 00:00 |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | OPENAIUSDT | 0.0050% | 8 h | +5.5% | +5.6% | — | 2026-10-30 00:00 |
| [MEXC](https://afterfees.xyz/venues/mexc) | OPENAI_USDT | 0.0050% | 8 h | +5.5% | +5.6% | $4.9M | 2026-10-30 00:00 |
| [Bitget](https://afterfees.xyz/venues/bitget) | OPENAIUSDT | 0.0050% | 8 h | +5.5% | +5.6% | $6.2M | 2026-10-30 00:00 |
| [LBank](https://afterfees.xyz/venues/lbank) | OPENAIUSDT | 0.0050% | 8 h | +5.5% | — | — | 2026-10-30 00:00 |
| [HTX](https://afterfees.xyz/venues/htx) | OPENAI-USDT | 0.0050% | 8 h | +5.5% | +5.6% | $126.9K | 2026-10-30 00:00 |
| [BingX](https://afterfees.xyz/venues/bingx) | NCSKOPENAI2USD-USDT | 0.0050% | 8 h | +5.5% | +5.6% | $929.2K | 2026-10-30 00:00 |
| [GRVT](https://afterfees.xyz/venues/grvt) | OPENAI_USDT_Perp | 0.0050% | 8 h | +5.5% | +5.6% | $11.5K | 2026-10-30 00:00 |
| [Aster](https://afterfees.xyz/venues/aster) | OPENAIUSDT | 0.0050% | 8 h | +5.5% | +5.6% | $87.5K | 2026-10-30 00:00 |
| [Variational](https://afterfees.xyz/venues/variational) | OPENAI-PERP | 0.0050% | 8 h | +5.5% | — | $797.6K | 2026-10-30 00:00 |
| [Binance](https://afterfees.xyz/venues/binance) | OPENAIUSDT | 0.0050% | 8 h | +5.5% | +5.6% | $12.8M | 2026-10-30 00:00 |
| [Extended](https://afterfees.xyz/venues/extended) | OPENAI-USD | 0.0006% | 1 h | +5.3% | +5.3% | $151.3K | 2026-10-29 21:00 |
| [Phemex](https://afterfees.xyz/venues/phemex) | OPENAIUSDT | 0.0000% | 8 h | 0.0% | — | $1.5M | 2026-10-30 00:00 |
| [OKX](https://afterfees.xyz/venues/okx) | OPENAI-USDT-SWAP | 0.0000% | 8 h | 0.0% | 0.0% | $3.6M | 2026-10-30 00:00 |
| [Ondo Perps](https://afterfees.xyz/venues/ondo) | OPENAI-USD.P | -0.0001% | 1 h | −0.7% | — | $575.1K | 2026-10-29 21:00 |
| [Lighter](https://afterfees.xyz/venues/lighter) | OPENAI | -0.0002% | 1 h | −1.8% | +6.7% | $1.6M | 2026-10-29 21:00 |
| [Lighter RH](https://afterfees.xyz/venues/lighterrh) | OPENAI | -0.0003% | 1 h | −2.6% | +3.8% | $3.9M | 2026-10-29 21:00 |

## Cost to enter $10,000 of OPENAI

| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| Lighter RH | OPENAI | 3.2 bp | order-book snapshot, 13 min old |
| Bitget | OPENAIUSDT | 7.9 bp | order-book snapshot, 50 min old |
| Extended | OPENAI-USD | 14.4 bp | order-book snapshot, 11 min old |
| Lighter | OPENAI | 1.3 bp | top of book only |
| Variational | OPENAI-PERP | 2.9 bp | top of book only |
| BingX | NCSKOPENAI2USD-USDT | 6.0 bp | top of book only |
| MEXC | OPENAI_USDT | 6.1 bp | top of book only |
| BloFin | OPENAI-USDT | 6.1 bp | top of book only |
| GRVT | OPENAI_USDT_Perp | 6.7 bp | top of book only |
| Binance | OPENAIUSDT | 6.8 bp * | top of book only |
| OKX | OPENAI-USDT-SWAP | 8.1 bp * | top of book only |
| HTX | OPENAI-USDT | 9.7 bp * | top of book only |

_Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees. * fee estimated: the exchange publishes no fee schedule without an account._

## Questions

**Is OPENAI funding-rate arbitrage profitable right now?**

Not at $10,000 per side for 7 days: no OPENAI pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.

**Which exchange has the highest OPENAI funding rate?**

QFEX at +26.3% a year (0.0030% every 1 h); the lowest is Lighter RH at −2.6%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.

_The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you._