OPENAI

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h +0.015%

Price spread now: Aster against Bitget+0.232%7-day average +0.152% · you sell dearer than you buy

Net, funding: paid 7d − costs−$500as in the Funding arb table

Net, price: spread back to 7d avg − costs−$503as in the Price arb table

costs, in and out, $10k−$5115.110% of the position

Long on Bitget Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.105%+$11 on $10k

Price spread, last 4 days (all we have)−0.118%−$12 · spread now +0.232%, 7d avg +0.152%

Together, before fees−0.013%+ Points / potential airdropAster: Stage 5 · farm board−$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aster is 0.081% dearer against Bitget than usual: you sell high and buy low: +$8 more if the spread 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	Bitget OPENAIUSDT	1,622.8	0	get 0.0000% / 8h	57m 32s	$5.5M	$5.1M	20x
Short	Aster OPENAIUSDT	1,626.6	0.0050	get 0.0050% / 8h	57m 32s	$212K	$3K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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

Position, each leg$Hold fordaysFee BitgetbpFee AsterbpOrdersPrice spread, now +0.232%Rate

Funding earned: $10.5
Price spread: +0.232% → +0.152%: $8.07
Slippage, 4 orders: −$490.96
Fee Bitget: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$492.39
Costs to cover: 5.110%
Break-even: 335.3 days

Slippage from Bitget: live order book, 6 min ago; Aster: live order book, 19 min ago.

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 Bitget live order book, 6 min ago	1.39 bp	27.6 bp −$28	36.2 bp −$362	doesn't fit	doesn't fit
Sell Aster live order book, 19 min ago	58.23 bp	95.4 bp −$95	doesn't fit	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	1,621.9	−0.057%	$236K	$143K	5x	as long as short
QFEX OPENAI-USD	−0.0010%	1h	1,620.7	−0.131%	$1.2M	$387K	10x	as long as short
Lighter OPENAI	0.0000%	1h	1,698	+4.635%	$1.4M	$286K	5x	as long as short
Bybit OPENAIUSDT	0.0000%	8h	1,667.7	+2.764%	$763K	$223K	25x	as long as short
OKX OPENAI-USDT-SWAP	0.0000%	8h	1,651.6	+1.775%	$5.1M	$1.4M	20x	as long as short
Gate OPENAI_USDT	0.0000%	8h	1,618.3	−0.277%	$52.6M	$39.4M	50x	as long as short
Bitget OPENAIUSDTlong	0.0000%	8h	1,622.8	long leg	$5.5M	$5.1M	20x
SunX OPENAI-USDT	0.0000%	8h	1,622	−0.049%	—	$2.6M	10x	as long as short
Deribit OPENAI_USDC-PERPETUAL	0.0000%	1h	1,622.2	−0.035%	—	$3	5x	as long as short
HTX OPENAI-USDT	0.0000%	8h	1,621.3	−0.091%	$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	−0.108%	$1.6M	$564K	10x	as long as short
Lighter RH OPENAI	+0.0032%	1h	1,670.4	+2.934%	$2.6M	$6.2M	5x	as long as short
BloFin OPENAI-USDT	+0.0035%	8h	1,620.2	−0.161%	$471K	$275K	20x	as long as short
Extended OPENAI-USD	+0.0048%	1h	1,620.1	−0.168%	$131K	$667K	10x	as long as short
Aster OPENAIUSDTshort	+0.0050%	8h	1,626.6	+0.232%	$212K	$3K	20x
Binance OPENAIUSDT	+0.0050%	8h	1,620.4	−0.147%	$23.0M	$19.0M	20x	as long as short
MEXC OPENAI_USDT	+0.0050%	8h	1,621.2	−0.099%	$13.0M	$3.1M	50x	as long as short
KuCoin OPENAIUSDTM	+0.0050%	8h	1,627.7	+0.303%	$377K	$66K	20x	as long as short
Variational Omni OPENAI	+0.0050%	8h	1,620.2	−0.163%	$2.6M	$753K	—	as long as short
GRVT OPENAI_USDT_Perp	+0.0050%	8h	1,619.2	−0.223%	$2K	$147K	10x	as long as short
Aevo OPENAI-PERP	+0.0104%	1h	1,620.5	−0.139%	—	—	10x	as long as short
Entropy io:OAI	+0.0177%	1h	1,661.5	+2.385%	$7.3M	$2.2M	6x	as long as short