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 05:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h +0.014%
Price spread now: Extended against Bitget−0.141%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1461.460% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.101%+$10 on $10k
Price spread, last 4 days (all we have)+0.170%+$17 · spread now −0.141%, 7d avg −0.009%
Together, before fees+0.270%+ Points / potential airdropExtended: Active · farm board+$27 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.132% cheaper against Bitget than usual: you would sell low and buy high (spread −0.141% now, against its 7-day average of −0.009%). If the spread goes back, that is −$13 on $10k: about 9.1 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget OPENAIUSDT1,623.40get 0.0000% / 8h3h 56m$5.5M$5.0M20x
ShortExtended OPENAI-USD1,621.20.0048get 0.0006% / 1h56m 09s$141K$737K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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

Funding earned
$10.08
Price spread: −0.141% → −0.009%
−$13.17
Slippage, 4 orders
−$129.02
Fee Bitget: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$149.11
Costs to cover
1.460%
Break-even
110.6 days
Slippage from Bitget: live order book, 2 min ago; Extended: live order book, 62 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 Bitget live order book, 2 min ago0.86 bp30.2 bp −$3033.5 bp −$335doesn't fitdoesn't fit
Sell Extended live order book, 62 min ago4.94 bp32.1 bp −$32252.9 bp −$2,529doesn'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%1h1,621.4−0.126%$1.2M$554K10xas long as short
Lighter OPENAI0.0000%1h1,712.4+5.479%$1.4M$265K5xas long as short
Bybit OPENAIUSDT0.0000%8h1,663.9+2.495%$755K$207K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,652.4+1.784%$5.1M$1.3M20xas long as short
Gate OPENAI_USDT0.0000%8h1,618−0.333%$52.3M$25.3M50xas long as short
Bitget OPENAIUSDTlong0.0000%8h1,623.4long leg$5.5M$5.0M20x
SunX OPENAI-USDT0.0000%8h1,623.4−0.002%$2.4M10xas long as short
Deribit OPENAI_USDC-PERPETUAL0.0000%1h1,622.1−0.083%$35xas long as short
HTX OPENAI-USDT0.0000%8h1,622−0.086%$79K$220K20xas long as short
Phemex OPENAIUSDT0.0000%8h1,621.3−0.132%$1.6M$544K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin OPENAI-USDT+0.0029%8h1,622.7−0.043%$475K$286K20xas long as short
Lighter RH OPENAI+0.0032%1h1,680.2+3.498%$2.7M$6.1M5xas long as short
Extended OPENAI-USDshort+0.0048%1h1,621.2−0.141%$141K$737K10x
Aster OPENAIUSDT+0.0050%8h1,628.3+0.300%$212K$3K20xas long as short
Binance OPENAIUSDT+0.0050%8h1,621.5−0.122%$22.9M$17.9M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,621.3−0.134%$13.0M$3.2M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,625.3+0.116%$375K$68K20xas long as short
Variational Omni OPENAI+0.0050%8h1,620.9−0.158%$2.6M$766Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,622.2−0.078%$2K$153K10xas long as short
Coinbase International OPENAI-PERP-INTX+0.0056%1h1,622.7−0.043%$226K$161K5xas long as short
Aevo OPENAI-PERP+0.0104%1h1,621.7−0.109%10xas long as short
Entropy io:OAI+0.0153%1h1,674.3+3.133%$7.7M$2.3M6xas long as short