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

OPENAI

RWAall OPENAI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Aster+0.133%7-day average −0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,349as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,328as in the Price arb table
costs, in and out, $10k−$1,34913.485% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.093%−$9 · spread now +0.133%, 7d avg −0.071%
Together, before fees−0.093%+ Points / potential airdropAster: Stage 5 · farm board−$9 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: KuCoin is 0.204% dearer against Aster than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.071%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster OPENAIUSDT1,633.10.0050pay 0.0050% / 8h5h 55m$213K$3K20x
ShortKuCoin OPENAIUSDTM1,635.30.0050get 0.0050% / 8h5h 55m$379K$219K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
Price spread: +0.133% → −0.071%
$20.36
Slippage, 4 orders
−$1,328.51
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,328.15
Costs to cover
13.485%
Break-even
never at this rate
Slippage from Aster: live order book, 54 min ago; KuCoin: live order book, 48 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, 54 min ago30.32 bp250.3 bp −$250doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 48 min ago5.94 bp458.4 bp −$458doesn't fitdoesn't fitdoesn't fit

OPENAI on 22 exchanges

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−0.0003%1h1,630.3−0.176%$1.2M$657K10xas long as short
Lighter OPENAI0.0000%1h1,712.3+4.845%$1.4M$274K5xas long as short
Bybit OPENAIUSDT0.0000%8h1,668.3+2.152%$731K$282K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,659.2+1.596%$5.1M$1.2M20xas long as short
Gate OPENAI_USDT0.0000%8h1,629.4−0.231%$48.9M$14.8M50xas long as short
Bitget OPENAIUSDT0.0000%8h1,633−0.012%$5.4M$3.6M20xas long as short
SunX OPENAI-USDT0.0000%8h1,631.5−0.100%$1.7M10xas long as short
Deribit OPENAI_USDC-PERPETUAL0.0000%1h1,631.4−0.109%$3K$3K5xas long as short
HTX OPENAI-USDT0.0000%8h1,631−0.129%$79K$176K20xas long as short
Phemex OPENAIUSDT0.0000%8h1,631.5−0.101%$1.6M$502K10xas long as short
Show all 22 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin OPENAI-USDT+0.0031%8h1,630.7−0.149%$482K$318K20xas long as short
Lighter RH OPENAI+0.0032%1h1,679.4+2.833%$2.8M$6.2M5xas long as short
Extended OPENAI-USD+0.0048%1h1,630.1−0.189%$142K$814K10xas long as short
Aster OPENAIUSDTlong+0.0050%8h1,633.1long leg$213K$3K20x
Binance OPENAIUSDT+0.0050%8h1,630.6−0.156%$23.0M$17.2M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,631.8−0.080%$6.7M$2.4M50xas long as short
KuCoin OPENAIUSDTMshort+0.0050%8h1,635.3+0.133%$379K$219K20x
Variational Omni OPENAI+0.0050%8h1,629.6−0.218%$2.6M$770Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,630.2−0.179%$2K$169K10xas long as short
Aevo OPENAI-PERP+0.0104%1h1,630.2−0.182%10xas long as short
Entropy io:OAI+0.0133%1h1,671.4+2.343%$7.6M$2.4M6xas long as short
Coinbase International OPENAI-PERP-INTX+0.0712%1h1,635.2+0.126%$230K$176K5xas long as short