Funding arb · Price arb /

OPENAI

RWAall OPENAI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0054%/8h= −5.9% APRpaid last 24h —

Price spread now: Binance against Aevo−0.009%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo OPENAI-PERP	1,628.7	0.0104	pay 0.0013% / 1h	7m 44s	—	—	10x
Short	Binance OPENAIUSDT	1,628.5	0.0050	get 0.0050% / 8h	7h 07m	$23.1M	$18.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Aevo. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AevobpFee BinancebpOrdersPrice spread, now −0.009%Rate

Funding earned: −$11.34
Price spread: −0.009% → 0.000%: −$0.86
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Binance: 5 bp × 2 orders: −$10
Net: −$38.2
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Binance: live order book, 3 min ago. Net counts fees only.

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 Aevo no order-book sample	—	—	—	—	—
Sell Binance live order book, 3 min ago	0.86 bp	10.3 bp −$10	10.8 bp −$108	doesn't fit	doesn't fit

Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	1,628.8	+0.009%	$225K	$150K	5x	as long as short
QFEX OPENAI-USD	0.0000%	1h	1,628.6	−0.004%	$1.2M	$415K	10x	as long as short
Lighter OPENAI	0.0000%	1h	1,713.8	+5.228%	$1.4M	$288K	5x	as long as short
Bybit OPENAIUSDT	0.0000%	8h	1,669.3	+2.494%	$768K	$207K	25x	as long as short
OKX OPENAI-USDT-SWAP	0.0000%	8h	1,659.1	+1.870%	$5.1M	$1.3M	20x	as long as short
Gate OPENAI_USDT	0.0000%	8h	1,625.1	−0.216%	$52.6M	$39.2M	50x	as long as short
Bitget OPENAIUSDT	0.0000%	8h	1,629.6	+0.057%	$5.5M	$5.1M	20x	as long as short
SunX OPENAI-USDT	0.0000%	8h	1,628.7	+0.003%	—	$2.5M	10x	as long as short
Deribit OPENAI_USDC-PERPETUAL	0.0000%	1h	1,628.9	+0.015%	—	$3	5x	as long as short
HTX OPENAI-USDT	0.0000%	8h	1,629.5	+0.050%	$79K	$214K	20x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex OPENAIUSDT	0.0000%	8h	1,628.2	−0.031%	$1.6M	$564K	10x	as long as short
Lighter RH OPENAI	+0.0032%	1h	1,681.4	+3.238%	$2.7M	$6.3M	5x	as long as short
BloFin OPENAI-USDT	+0.0033%	8h	1,629.2	+0.036%	$475K	$279K	20x	as long as short
Extended OPENAI-USD	+0.0048%	1h	1,628.1	−0.031%	$132K	$716K	10x	as long as short
Aster OPENAIUSDT	+0.0050%	8h	1,636	+0.450%	$213K	$3K	20x	as long as short
Binance OPENAIUSDTshort	+0.0050%	8h	1,628.5	−0.009%	$23.1M	$18.9M	20x
MEXC OPENAI_USDT	+0.0050%	8h	1,628.5	−0.009%	$13.1M	$3.2M	50x	as long as short
KuCoin OPENAIUSDTM	+0.0050%	8h	1,630.6	+0.121%	$378K	$67K	20x	as long as short
Variational Omni OPENAI	+0.0050%	8h	1,628.5	−0.012%	$2.6M	$757K	—	as long as short
GRVT OPENAI_USDT_Perp	+0.0050%	8h	1,628.9	+0.015%	$2K	$138K	10x	as long as short
Aevo OPENAI-PERPlong	+0.0104%	1h	1,628.7	long leg	—	—	10x
Entropy io:OAI	+0.0107%	1h	1,673.5	+2.754%	$7.4M	$2.2M	6x	as long as short