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

OPENAI

RWAall OPENAI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h +0.015%
Price spread now: GRVT against Bitget−0.129%7-day average +0.038% · you buy dearer than you sell
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 days+0.105%+$11 on $10k
Price spread, last 4 days (all we have)+0.145%+$15 · spread now −0.129%, 7d avg +0.038%
Together, before fees+0.250%+ Points / potential airdropGRVT: Active · farm board+$25 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.167% cheaper against Bitget than usual: you would sell low and buy high (spread −0.129% now, against its 7-day average of +0.038%). If the spread goes back, that is −$17 on $10k: about 11 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget OPENAIUSDT1,617.10get 0.0000% / 8h2h 57m$5.4M$5.0M20x
ShortGRVT OPENAI_USDT_Perp1,6150.0050get 0.0050% / 8h2h 57m$2K$161K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$10.5
Price spread: −0.129% → +0.038%
−$16.72
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$27.22
Costs to cover
0.210%
Break-even
25.1 days
Slippage unknown: Bitget: live order book, 1 min ago; GRVT: live order book, 50 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 Bitget live order book, 1 min ago0.03 bp41.4 bp −$41doesn't fitdoesn't fitdoesn't fit
Sell GRVT live order book, 50 min ago1.51 bpdoesn't fitdoesn'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−0.0005%1h1,614−0.192%$1.2M$593K10xas long as short
Lighter OPENAI0.0000%1h1,706.2+5.511%$1.4M$260K5xas long as short
Bybit OPENAIUSDT0.0000%8h1,658.5+2.561%$753K$205K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,646.1+1.795%$5.1M$1.3M20xas long as short
Gate OPENAI_USDT0.0000%8h1,611.7−0.334%$52.2M$19.6M50xas long as short
Bitget OPENAIUSDTlong0.0000%8h1,617.1long leg$5.4M$5.0M20x
SunX OPENAI-USDT0.0000%8h1,616.9−0.011%$2.4M10xas long as short
Deribit OPENAI_USDC-PERPETUAL0.0000%1h1,614.8−0.141%$35xas long as short
HTX OPENAI-USDT0.0000%8h1,615−0.129%$79K$221K20xas long as short
Phemex OPENAIUSDT0.0000%8h1,614.2−0.179%$1.6M$531K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International OPENAI-PERP-INTX+0.0016%1h1,623.9+0.421%$226K$161K5xas long as short
Lighter RH OPENAI+0.0032%1h1,673.7+3.499%$2.6M$6.1M5xas long as short
BloFin OPENAI-USDT+0.0043%8h1,614.4−0.167%$473K$287K20xas long as short
Extended OPENAI-USD+0.0048%1h1,613.8−0.202%$142K$895K10xas long as short
Aster OPENAIUSDT+0.0050%8h1,616.6−0.029%$211K$3K20xas long as short
Binance OPENAIUSDT+0.0050%8h1,614.2−0.178%$22.8M$17.5M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,614.5−0.160%$13.0M$3.1M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,620+0.181%$373K$69K20xas long as short
Variational Omni OPENAI+0.0050%8h1,614.5−0.161%$2.6M$766Kas long as short
GRVT OPENAI_USDT_Perpshort+0.0050%8h1,615−0.129%$2K$161K10x
Aevo OPENAI-PERP+0.0104%1h1,613.7−0.207%10xas long as short
Entropy io:OAI+0.0139%1h1,666.6+3.062%$7.6M$2.3M6xas long as short