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

OPENAI

RWAall OPENAI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter RH against Bitget+3.527%7-day average +5.734% · 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 days+0.067%+$7 on $10k
Price spread, last 7 days+3.346%+$335 · spread now +3.527%, 7d avg +5.734%
Together, before fees+3.413%+ Points / potential airdropLighter RH: Points live · farm board+$341 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter RH is 2.207% cheaper against Bitget than usual: you would sell low and buy high (spread +3.527% now, against its 7-day average of +5.734%). If the spread goes back, that is −$221 on $10k: about 8 months of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget OPENAIUSDT1,617.20get 0.0000% / 8h2h 51m$5.4M$5.0M20x
ShortLighter RH OPENAI1,674.30.0032get 0.0004% / 1h51m 04s$2.6M$6.1M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH 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
$6.72
Price spread: +3.527% → +5.734%
−$220.71
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$225.99
Costs to cover
0.120%
Break-even
242.4 days
Slippage unknown: Bitget: live order book, 2 min ago; Lighter RH: live order book, 2 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, 2 min ago0.71 bp40.0 bp −$4049.5 bp −$495doesn't fitdoesn't fit
Sell Lighter RH live order book, 2 min ago1.61 bp5.0 bp −$5141.6 bp −$1,416566.0 bp −$56.6Kdoesn'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%1h1,615.9−0.081%$1.2M$596K10xas long as short
Lighter OPENAI0.0000%1h1,706.9+5.545%$1.4M$260K5xas long as short
Bybit OPENAIUSDT0.0000%8h1,658.5+2.553%$753K$205K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,647.1+1.848%$5.1M$1.3M20xas long as short
Gate OPENAI_USDT0.0000%8h1,612.1−0.318%$52.2M$19.6M50xas long as short
Bitget OPENAIUSDTlong0.0000%8h1,617.2long leg$5.4M$5.0M20x
SunX OPENAI-USDT0.0000%8h1,617.5+0.017%$2.4M10xas long as short
Deribit OPENAI_USDC-PERPETUAL0.0000%1h1,615.4−0.113%$35xas long as short
HTX OPENAI-USDT0.0000%8h1,616.1−0.069%$79K$221K20xas long as short
Phemex OPENAIUSDT0.0000%8h1,615.5−0.108%$1.6M$530K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International OPENAI-PERP-INTX+0.0016%1h1,617.9+0.040%$225K$161K5xas long as short
Lighter RH OPENAIshort+0.0032%1h1,674.3+3.527%$2.6M$6.1M5x
Extended OPENAI-USD+0.0048%1h1,615.6−0.102%$142K$895K10xas long as short
Aster OPENAIUSDT+0.0050%8h1,619.4+0.134%$211K$3K20xas long as short
Binance OPENAIUSDT+0.0050%8h1,616−0.074%$22.8M$17.4M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,615.4−0.110%$13.0M$3.1M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,619.8+0.157%$373K$69K20xas long as short
Variational Omni OPENAI+0.0050%8h1,614.4−0.174%$2.6M$766Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,614.6−0.163%$2K$163K10xas long as short
BloFin OPENAI-USDT+0.0063%8h1,615.7−0.097%$474K$286K20xas long as short
Aevo OPENAI-PERP+0.0104%1h1,615.6−0.103%10xas long as short
Entropy io:OAI+0.0145%1h1,666.3+3.035%$7.6M$2.3M6xas long as short