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

OPENAI

RWAall OPENAI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: GRVT against Binance+0.030%79s7-day average −0.063% · 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 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.063%−$6 · spread now +0.030%, 7d avg −0.063%
Together, before fees−0.063%+ Points / potential airdropGRVT: Active · farm board−$6 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: GRVT is 0.094% dearer against Binance than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.063%. The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance OPENAIUSDT1,621.40.0050pay 0.0050% / 8h3h 52m$22.9M$17.9M20x
ShortGRVT OPENAI_USDT_Perp1,621.90.0050get 0.0050% / 8h3h 52m$2K$153K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$0
Price spread: +0.030% → −0.063%
$9.36
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$9.64
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 4 min ago; GRVT: live order book, 60 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 Binance live order book, 4 min ago1.23 bp18.2 bp −$1854.5 bp −$545doesn't fitdoesn't fit
Sell GRVT live order book, 60 min ago2.35 bp8.8 bp −$9doesn'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−0.0001%1h1,621.4+0.001%$1.2M$557K10xas long as short
Lighter OPENAI0.0000%1h1,712.2+5.603%$1.4M$265K5xas long as short
Bybit OPENAIUSDT0.0000%8h1,663.5+2.600%$755K$207K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,651.4+1.852%$5.1M$1.3M20xas long as short
Gate OPENAI_USDT0.0000%8h1,618.4−0.183%$52.4M$25.3M50xas long as short
Bitget OPENAIUSDT0.0000%8h1,623.3+0.120%$5.5M$5.0M20xas long as short
SunX OPENAI-USDT0.0000%8h1,623+0.100%$2.4M10xas long as short
Deribit OPENAI_USDC-PERPETUAL0.0000%1h1,622.8+0.088%$35xas long as short
HTX OPENAI-USDT0.0000%8h1,622.6+0.077%$79K$221K20xas long as short
Phemex OPENAIUSDT0.0000%8h1,621.40.000%$1.6M$543K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH OPENAI+0.0032%1h1,680.2+3.626%$2.7M$6.2M5xas long as short
Extended OPENAI-USD+0.0048%1h1,620.9−0.027%$141K$737K10xas long as short
Aster OPENAIUSDT+0.0050%8h1,627.8+0.395%$212K$3K20xas long as short
Binance OPENAIUSDTlong+0.0050%8h1,621.4long leg$22.9M$17.9M20x
MEXC OPENAI_USDT+0.0050%8h1,621.6+0.012%$13.0M$3.2M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,625.3+0.244%$375K$68K20xas long as short
Variational Omni OPENAI+0.0050%8h1,620.9−0.031%$2.6M$766Kas long as short
GRVT OPENAI_USDT_Perpshort+0.0050%8h1,621.9+0.030%$2K$153K10x
Coinbase International OPENAI-PERP-INTX+0.0056%1h1,622.7+0.084%$226K$161K5xas long as short
BloFin OPENAI-USDT+0.0065%8h1,622.3+0.056%$473K$286K20xas long as short
Aevo OPENAI-PERP+0.0104%1h1,621.5+0.008%10xas long as short
Entropy io:OAI+0.0163%1h1,674.2+3.258%$7.7M$2.3M6xas long as short