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

OPENAI

RWAall OPENAI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0002%/8h= −0.2% APRpaid last 24h −0.001%
Price spread now: Extended against Aster−0.006%7-day average −0.154% · you buy dearer than you sell
Net, funding: paid 7d − costs−$534as in the Funding arb table
Net, price: spread back to 7d avg − costs−$518as in the Price arb table
costs, in and out, $10k−$5335.331% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.004%$0 on $10k
Price spread, last 4 days (all we have)−0.045%−$4 · spread now −0.006%, 7d avg −0.154%
Together, before fees−0.049%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board−$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.149% dearer against Aster than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.154%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster OPENAIUSDT1,6340.0050pay 0.0050% / 8h2h 25m$213K$3K20x
ShortExtended OPENAI-USD1,633.90.0048get 0.0006% / 1h25m 27s$134K$656K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$0.42
Price spread: −0.006% → −0.154%
$14.87
Slippage, 4 orders
−$520.13
Fee Aster: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$518.69
Costs to cover
5.331%
Break-even
never at this rate
Slippage from Aster: live order book, 61 min ago; Extended: live order book, 62 min ago.

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, 61 min ago49.45 bp364.2 bp −$364doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 62 min ago4.90 bp33.5 bp −$33235.7 bp −$2,357doesn'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
Lighter OPENAI0.0000%1h1,707.2+4.480%$1.4M$313K5xas long as short
Bybit OPENAIUSDT0.0000%8h1,677.8+2.682%$757K$222K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,663.1+1.781%$5.1M$1.4M20xas long as short
QFEX OPENAI-USD0.0000%1h1,632.7−0.081%$1.2M$359K10xas long as short
Gate OPENAI_USDT0.0000%8h1,628.4−0.342%$53.0M$48.5M50xas long as short
Bitget OPENAIUSDT0.0000%8h1,635+0.059%$5.5M$5.0M20xas long as short
SunX OPENAI-USDT0.0000%8h1,637.6+0.220%$2.6M10xas long as short
Deribit OPENAI_USDC-PERPETUAL0.0000%1h1,635.2+0.075%$35xas long as short
HTX OPENAI-USDT0.0000%8h1,638.3+0.261%$79K$210K20xas long as short
Phemex OPENAIUSDT0.0000%8h1,633.4−0.040%$1.6M$581K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH OPENAI+0.0032%1h1,670.1+2.208%$2.6M$6.2M5xas long as short
BloFin OPENAI-USDT+0.0032%8h1,638.6+0.281%$476K$292K20xas long as short
Extended OPENAI-USDshort+0.0048%1h1,633.9−0.006%$134K$656K10x
Aster OPENAIUSDTlong+0.0050%8h1,634long leg$213K$3K20x
Binance OPENAIUSDT+0.0050%8h1,631.4−0.156%$23.3M$21.1M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,631.2−0.169%$12.9M$3.1M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,640.4+0.394%$374K$65K20xas long as short
Variational Omni OPENAI+0.0050%8h1,639.5+0.334%$2.7M$657Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,637.2+0.195%$2K$154K10xas long as short
Aevo OPENAI-PERP+0.0104%1h1,635.2+0.073%10xas long as short
Entropy io:OAI+0.0123%1h1,670.2+2.216%$7.3M$2.2M6xas long as short
Coinbase International OPENAI-PERP-INTX+0.1080%1h1,640.2+0.381%$238K$107K5xas long as short