Settings8H · net · $10k
Funding arb · Price arb /

OPENAI

RWAall OPENAI markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0126%/8h= +13.8% APRpaid last 24h +0.046%
Price spread now: Entropy against Aster+2.597%7-day average +4.252% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.485%+$49 on $10k
Price spread, last 4 days (all we have)+2.773%+$277 · spread now +2.597%, 7d avg +4.252%
Together, before fees+3.258%+ Points / potential airdropAster: Stage 5 · farm board+$326 on $10k · with fees, hour by hour
Funding pays, the price is against you. Entropy is 1.655% cheaper against Aster than usual: you would sell low and buy high (spread +2.597% now, against its 7-day average of +4.252%). If the spread goes back, that is −$165 on $10k: about 44 days of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster OPENAIUSDT1,623.20.0050pay 0.0050% / 8h7h 56m$212K$3K20x
ShortEntropy io:OAI1,665.40.0176get 0.0022% / 1h56m 23s$7.6M$2.3M6x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Entropy 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

Funding earned
$26.39
Price spread: +2.597% → +4.252%
−$165.47
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Entropy: 9 bp × 2 orders
−$18
Net
−$165.07
Costs to cover
0.260%
Break-even
50.8 days
Slippage unknown: Aster: live order book, 40 min ago; Entropy: live order book, 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 40 min ago31.65 bp254.1 bp −$254doesn't fitdoesn't fitdoesn't fit
Sell Entropy live order book, 1 min ago1.50 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

OPENAI on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX OPENAI-USD−0.0004%1h1,620.6−0.162%$1.2M$631K10xas long as short
Lighter OPENAI0.0000%1h1,708+5.221%$1.4M$272K5xas long as short
Bybit OPENAIUSDT0.0000%8h1,657.5+2.113%$733K$270K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,648.4+1.550%$5.1M$1.3M20xas long as short
Gate OPENAI_USDT0.0000%8h1,620−0.202%$45.6M$8.9M50xas long as short
Bitget OPENAIUSDT0.0000%8h1,622.2−0.067%$5.4M$4.5M20xas long as short
SunX OPENAI-USDT0.0000%8h1,621−0.138%$2.4M10xas long as short
HTX OPENAI-USDT0.0000%8h1,619.8−0.212%$79K$225K20xas long as short
Phemex OPENAIUSDT0.0000%8h1,620.3−0.184%$1.6M$499K10xas long as short
BloFin OPENAI-USDT+0.0030%8h1,620.5−0.168%$479K$296K20xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH OPENAI+0.0032%1h1,676+3.252%$2.7M$6.1M5xas long as short
Extended OPENAI-USD+0.0048%1h1,619.8−0.215%$141K$808K10xas long as short
Aster OPENAIUSDTlong+0.0050%8h1,623.2long leg$212K$3K20x
Binance OPENAIUSDT+0.0050%8h1,620.6−0.161%$22.9M$16.6M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,620.7−0.156%$6.6M$2.4M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,621.1−0.133%$373K$82K20xas long as short
Variational Omni OPENAI+0.0050%8h1,618−0.323%$2.6M$760Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,618.1−0.317%$2K$176K10xas long as short
Aevo OPENAI-PERP+0.0104%1h1,620.9−0.146%10xas long as short
Entropy io:OAIshort+0.0176%1h1,665.4+2.597%$7.6M$2.3M6x
Coinbase International OPENAI-PERP-INTX+0.0344%1h1,623.7+0.030%$235K$173K5xas long as short
Deribit OPENAI_USDC-PERPETUAL+0.0514%1h1,621.2−0.126%$35xas long as short