Funding arb · Price arb /

OPENAI

RWAall OPENAI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Variational Omni against Aster−0.378%7-day average −0.152% · you buy dearer than you sell

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

Long on Aster Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.553%+$55 · spread now −0.378%, 7d avg −0.152%

Together, before fees+0.553%+ Points / potential airdropAster: Stage 5 · Variational Omni: Active · farm board+$55 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: Variational Omni is 0.226% cheaper against Aster than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of −0.152%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster OPENAIUSDT	1,627.4	0.0050	pay 0.0050% / 8h	52m 44s	$212K	$3K	20x
Short	Variational Omni OPENAI	1,621.2	0.0050	get 0.0050% / 8h	52m 44s	$2.6M	$753K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Aster. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpOrdersPrice spread, now −0.378%Rate

Funding earned: $0
Price spread: −0.378% → −0.152%: −$22.57
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$30.57
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 24 min ago; Variational Omni: RFQ quote, 1 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 Aster live order book, 24 min ago	58.23 bp	360.3 bp −$360	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 1 min ago	1.85 bp	doesn't fit	95.8 bp −$958	doesn't fit	doesn't fit

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
Coinbase International OPENAI-PERP-INTX	−0.0168%	1h	1,623.6	−0.233%	$236K	$142K	5x	as long as short
QFEX OPENAI-USD	−0.0010%	1h	1,622.3	−0.311%	$1.2M	$387K	10x	as long as short
Lighter OPENAI	0.0000%	1h	1,699	+4.399%	$1.4M	$286K	5x	as long as short
Bybit OPENAIUSDT	0.0000%	8h	1,668.5	+2.528%	$764K	$223K	25x	as long as short
OKX OPENAI-USDT-SWAP	0.0000%	8h	1,652.9	+1.569%	$5.1M	$1.4M	20x	as long as short
Gate OPENAI_USDT	0.0000%	8h	1,618.9	−0.519%	$52.6M	$39.4M	50x	as long as short
Bitget OPENAIUSDT	0.0000%	8h	1,622.9	−0.272%	$5.5M	$5.1M	20x	as long as short
SunX OPENAI-USDT	0.0000%	8h	1,622.7	−0.287%	—	$2.6M	10x	as long as short
Deribit OPENAI_USDC-PERPETUAL	0.0000%	1h	1,623.7	−0.225%	—	$3	5x	as long as short
HTX OPENAI-USDT	0.0000%	8h	1,622.1	−0.323%	$79K	$213K	20x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex OPENAIUSDT	0.0000%	8h	1,621.5	−0.360%	$1.6M	$562K	10x	as long as short
Lighter RH OPENAI	+0.0032%	1h	1,670.8	+2.672%	$2.6M	$6.2M	5x	as long as short
Extended OPENAI-USD	+0.0048%	1h	1,621.8	−0.345%	$131K	$667K	10x	as long as short
Aster OPENAIUSDTlong	+0.0050%	8h	1,627.4	long leg	$212K	$3K	20x
Binance OPENAIUSDT	+0.0050%	8h	1,622.2	−0.315%	$23.1M	$18.9M	20x	as long as short
MEXC OPENAI_USDT	+0.0050%	8h	1,621.8	−0.342%	$13.0M	$3.1M	50x	as long as short
KuCoin OPENAIUSDTM	+0.0050%	8h	1,627.7	+0.021%	$376K	$65K	20x	as long as short
Variational Omni OPENAIshort	+0.0050%	8h	1,621.2	−0.378%	$2.6M	$753K	—
GRVT OPENAI_USDT_Perp	+0.0050%	8h	1,620	−0.455%	$2K	$147K	10x	as long as short
BloFin OPENAI-USDT	+0.0059%	8h	1,621.8	−0.344%	$470K	$275K	20x	as long as short
Aevo OPENAI-PERP	+0.0104%	1h	1,622.1	−0.323%	—	—	10x	as long as short
Entropy io:OAI	+0.0177%	1h	1,662.2	+2.141%	$7.3M	$2.2M	6x	as long as short