Funding arb · Price arb /

OPENAI

RWAall OPENAI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0054%/8h= +5.9% APRpaid last 24h —

Price spread now: Aevo against Aster−0.068%7-day average — · you buy dearer than you sell

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

Long on Aster Short on Aevo

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—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding pays, the price is against you. Aevo is 0.068% cheaper against Aster than usual: you would sell low and buy high (spread −0.068% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 4.2 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster OPENAIUSDT	1,636.3	0.0050	pay 0.0050% / 8h	2h 26m	$213K	$3K	20x
Short	Aevo OPENAI-PERP	1,635.2	0.0104	get 0.0013% / 1h	26m 08s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Aster. 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 AsterbpFee AevobpOrdersPrice spread, now −0.068%Rate

Funding earned: $11.34
Price spread: −0.068% → 0.000%: −$6.78
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$19.44
Costs to cover: 0.240%
Break-even: 19.0 days

Slippage unknown: Aster: live order book, 60 min ago; Aevo: no order-book sample. 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 Aster live order book, 60 min ago	49.45 bp	364.2 bp −$364	doesn't fit	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

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
Lighter OPENAI	0.0000%	1h	1,707.6	+4.358%	$1.4M	$313K	5x	as long as short
Bybit OPENAIUSDT	0.0000%	8h	1,679.5	+2.637%	$758K	$222K	25x	as long as short
OKX OPENAI-USDT-SWAP	0.0000%	8h	1,664.4	+1.717%	$5.1M	$1.4M	20x	as long as short
QFEX OPENAI-USD	0.0000%	1h	1,636.1	−0.013%	$1.2M	$360K	10x	as long as short
Gate OPENAI_USDT	0.0000%	8h	1,630.7	−0.340%	$53.0M	$48.5M	50x	as long as short
Bitget OPENAIUSDT	0.0000%	8h	1,635.8	−0.028%	$5.5M	$5.0M	20x	as long as short
SunX OPENAI-USDT	0.0000%	8h	1,637.6	+0.079%	—	$2.6M	10x	as long as short
Deribit OPENAI_USDC-PERPETUAL	0.0000%	1h	1,635.2	−0.066%	—	$3	5x	as long as short
HTX OPENAI-USDT	0.0000%	8h	1,638.3	+0.120%	$79K	$210K	20x	as long as short
Phemex OPENAIUSDT	0.0000%	8h	1,633.4	−0.180%	$1.6M	$581K	10x	as long as short

Show 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	+2.061%	$2.6M	$6.2M	5x	as long as short
BloFin OPENAI-USDT	+0.0032%	8h	1,638.6	+0.140%	$476K	$292K	20x	as long as short
Extended OPENAI-USD	+0.0048%	1h	1,635.8	−0.028%	$134K	$656K	10x	as long as short
Aster OPENAIUSDTlong	+0.0050%	8h	1,636.3	long leg	$213K	$3K	20x
Binance OPENAIUSDT	+0.0050%	8h	1,635.9	−0.024%	$23.3M	$21.1M	20x	as long as short
MEXC OPENAI_USDT	+0.0050%	8h	1,634	−0.142%	$12.9M	$3.1M	50x	as long as short
KuCoin OPENAIUSDTM	+0.0050%	8h	1,640.6	+0.263%	$374K	$66K	20x	as long as short
Variational Omni OPENAI	+0.0050%	8h	1,639.5	+0.193%	$2.7M	$657K	—	as long as short
GRVT OPENAI_USDT_Perp	+0.0050%	8h	1,636.7	+0.026%	$2K	$154K	10x	as long as short
Aevo OPENAI-PERPshort	+0.0104%	1h	1,635.2	−0.068%	—	—	10x
Entropy io:OAI	+0.0125%	1h	1,670.3	+2.078%	$7.3M	$2.2M	6x	as long as short
Coinbase International OPENAI-PERP-INTX	+0.1080%	1h	1,640.2	+0.240%	$238K	$107K	5x	as long as short