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 00:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.21 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against Binance+0.020%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$630.626% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.006%+$1 on $10k
Price spread, last 2 days (all we have)−0.028%−$3 · spread now +0.020%, 7d avg +0.016%
Together, before fees−0.022%−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.016%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance OPENAIUSDT1,628.20.0050pay 0.0050% / 8h24m 55s$23.1M$18.8M20x
ShortBloFin OPENAI-USDT1,628.60.0071get 0.0071% / 8h24m 55s$474K$277K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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
$4.36
Price spread: +0.020% → +0.016%
$0.37
Slippage, 4 orders
−$40.65
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$57.91
Costs to cover
0.626%
Break-even
99.9 days
Slippage from Binance: live order book, 1 min ago; BloFin: live order book, 51 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 Binance live order book, 1 min ago0.92 bp14.9 bp −$1566.9 bp −$669doesn't fitdoesn't fit
Sell BloFin live order book, 51 min ago0.37 bp15.0 bp −$15doesn'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
Coinbase International OPENAI-PERP-INTX−0.0168%1h1,628.2−0.003%$236K$146K5xas long as short
QFEX OPENAI-USD−0.0010%1h1,628.3+0.003%$1.2M$387K10xas long as short
Lighter OPENAI0.0000%1h1,708.3+4.918%$1.4M$287K5xas long as short
Bybit OPENAIUSDT0.0000%8h1,675.2+2.887%$770K$217K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,659.4+1.915%$5.1M$1.4M20xas long as short
Gate OPENAI_USDT0.0000%8h1,625.6−0.160%$52.6M$39.6M50xas long as short
Bitget OPENAIUSDT0.0000%8h1,630.2+0.120%$5.5M$5.1M20xas long as short
SunX OPENAI-USDT0.0000%8h1,629.5+0.078%$2.6M10xas long as short
Deribit OPENAI_USDC-PERPETUAL0.0000%1h1,627.9−0.021%$35xas long as short
HTX OPENAI-USDT0.0000%8h1,627−0.076%$79K$213K20xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex OPENAIUSDT0.0000%8h1,627.8−0.024%$1.6M$558K10xas long as short
Lighter RH OPENAI+0.0032%1h1,680.8+3.227%$2.6M$6.3M5xas long as short
Extended OPENAI-USD+0.0048%1h1,627.9−0.019%$131K$667K10xas long as short
Aster OPENAIUSDT+0.0050%8h1,633+0.295%$213K$3K20xas long as short
Binance OPENAIUSDTlong+0.0050%8h1,628.2long leg$23.1M$18.8M20x
MEXC OPENAI_USDT+0.0050%8h1,628.3+0.007%$13.0M$3.1M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,630.2+0.120%$377K$64K20xas long as short
Variational Omni OPENAI+0.0050%8h1,628.4+0.011%$2.6M$751Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,626.8−0.089%$2K$140K10xas long as short
BloFin OPENAI-USDTshort+0.0071%8h1,628.6+0.020%$474K$277K20x
Aevo OPENAI-PERP+0.0104%1h1,627.7−0.034%10xas long as short
Entropy io:OAI+0.0261%1h1,671.2+2.639%$7.4M$2.2M6xas long as short