Funding arb · Price arb /

OPENAI

RWAall OPENAI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h —

Price spread now: OKX against Aevo+1.720%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on OKX

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 pays, funding is against you. OKX is 1.720% dearer against Aevo than usual: you sell high and buy low (spread +1.720% now, against zero (this spread has no 7-day history yet)): +$172 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 55 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo OPENAI-PERP	1,632.7	0.0104	pay 0.0013% / 1h	52m 19s	—	—	10x
Short	OKX OPENAI-USDT-SWAP	1,660.8	0	get 0.0000% / 8h	5h 52m	$5.1M	$1.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +1.720%Rate

Funding earned: −$21.84
Price spread: +1.720% → 0.000%: $172.05
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee OKX: 5 bp × 2 orders: −$10
Net: $124.21
Costs to cover: 0.260%
Break-even: from the start

Slippage unknown: Aevo: no order-book sample; OKX: 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 OKX live order book, 3 min ago	1.81 bp	40.0 bp −$40	doesn't fit	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 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	−0.0003%	1h	1,632.7	+0.001%	$1.2M	$658K	10x	as long as short
Lighter OPENAI	0.0000%	1h	1,712.6	+4.893%	$1.4M	$274K	5x	as long as short
Bybit OPENAIUSDT	0.0000%	8h	1,669.7	+2.265%	$731K	$283K	25x	as long as short
OKX OPENAI-USDT-SWAPshort	0.0000%	8h	1,660.8	+1.720%	$5.1M	$1.2M	20x
Gate OPENAI_USDT	0.0000%	8h	1,630.8	−0.116%	$48.9M	$15.0M	50x	as long as short
Bitget OPENAIUSDT	0.0000%	8h	1,633.7	+0.063%	$5.4M	$3.6M	20x	as long as short
SunX OPENAI-USDT	0.0000%	8h	1,633	+0.018%	—	$1.7M	10x	as long as short
Deribit OPENAI_USDC-PERPETUAL	0.0000%	1h	1,633.1	+0.023%	$3K	$3K	5x	as long as short
HTX OPENAI-USDT	0.0000%	8h	1,633	+0.017%	$80K	$160K	20x	as long as short
Phemex OPENAIUSDT	0.0000%	8h	1,633.2	+0.031%	$1.6M	$503K	10x	as long as short

Show all 22 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH OPENAI	+0.0032%	1h	1,680.4	+2.921%	$2.8M	$6.2M	5x	as long as short
Extended OPENAI-USD	+0.0048%	1h	1,632.2	−0.032%	$142K	$812K	10x	as long as short
Aster OPENAIUSDT	+0.0050%	8h	1,635.4	+0.166%	$213K	$3K	20x	as long as short
Binance OPENAIUSDT	+0.0050%	8h	1,632.8	+0.003%	$23.0M	$17.2M	20x	as long as short
MEXC OPENAI_USDT	+0.0050%	8h	1,633.8	+0.064%	$6.7M	$2.4M	50x	as long as short
KuCoin OPENAIUSDTM	+0.0050%	8h	1,636.6	+0.239%	$379K	$222K	20x	as long as short
Variational Omni OPENAI	+0.0050%	8h	1,631	−0.106%	$2.6M	$770K	—	as long as short
GRVT OPENAI_USDT_Perp	+0.0050%	8h	1,630.5	−0.133%	$2K	$169K	10x	as long as short
BloFin OPENAI-USDT	+0.0075%	8h	1,632.6	−0.004%	$483K	$319K	20x	as long as short
Aevo OPENAI-PERPlong	+0.0104%	1h	1,632.7	long leg	—	—	10x
Entropy io:OAI	+0.0155%	1h	1,671.6	+2.382%	$7.6M	$2.4M	6x	as long as short
Coinbase International OPENAI-PERP-INTX	+0.0712%	1h	1,635.2	+0.153%	$230K	$175K	5x	as long as short