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 08:00 UTC+0.0059%/8h= +6.5% APRnext payment +$0.59 per $10,000 · paid last 24h +0.017%
Price spread now: BloFin against Bybit−2.306%252s7-day average −2.935% · 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+0.115%+$11 on $10k
Price spread, last 3 days (all we have)−0.580%−$58 · spread now −2.306%, 7d avg −2.935%
Together, before fees−0.465%−$47 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 BloFin is 0.629% dearer against Bybit than usual: you sell high and buy low: +$63 more if the spread goes back to its 7-day average of −2.935%. The two prices were read 252 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit OPENAIUSDT1,667.70get 0.0000% / 8h6h 45m$765K$205K25x
ShortBloFin OPENAI-USDT1,629.30.0059get 0.0059% / 8h6h 45m$477K$280K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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
$12.4
Price spread: −2.306% → −2.935%
$62.92
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
$52.32
Costs to cover
0.230%
Break-even
from the start
Slippage unknown: Bybit: live order book, 20 min ago; BloFin: live order book, 21 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 Bybit live order book, 20 min ago22.53 bp68.3 bp −$68doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 21 min ago0.28 bp12.4 bp −$1215.8 bp −$158doesn'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
Deribit OPENAI_USDC-PERPETUAL−0.0033%1h1,624.3−2.602%$35xas long as short
QFEX OPENAI-USD−0.0004%1h1,624.4−2.597%$1.2M$418K10xas long as short
Lighter OPENAI0.0000%1h1,710.6+2.569%$1.4M$280K5xas long as short
Bybit OPENAIUSDTlong0.0000%8h1,667.7long leg$765K$205K25x
OKX OPENAI-USDT-SWAP0.0000%8h1,653.1−0.876%$5.1M$1.3M20xas long as short
Gate OPENAI_USDT0.0000%8h1,621.5−2.768%$52.5M$31.7M50xas long as short
Bitget OPENAIUSDT0.0000%8h1,625.8−2.513%$5.5M$5.1M20xas long as short
SunX OPENAI-USDT0.0000%8h1,625.4−2.537%$2.5M10xas long as short
HTX OPENAI-USDT0.0000%8h1,625.3−2.543%$79K$216K20xas long as short
Phemex OPENAIUSDT0.0000%8h1,624.5−2.590%$1.6M$562K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International OPENAI-PERP-INTX+0.0024%1h1,625.3−2.542%$222K$154K5xas long as short
Lighter RH OPENAI+0.0032%1h1,678.4+0.638%$2.7M$6.1M5xas long as short
Extended OPENAI-USD+0.0048%1h1,624−2.620%$136K$717K10xas long as short
Aster OPENAIUSDT+0.0050%8h1,629.6−2.282%$212K$3K20xas long as short
Binance OPENAIUSDT+0.0050%8h1,624.3−2.603%$23.0M$19.0M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,624.8−2.573%$13.1M$3.2M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,632.1−2.138%$380K$67K20xas long as short
Variational Omni OPENAI+0.0050%8h1,623.8−2.632%$2.6M$761Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,627.4−2.420%$2K$137K10xas long as short
BloFin OPENAI-USDTshort+0.0059%8h1,629.3−2.306%$477K$280K20x
Aevo OPENAI-PERP+0.0104%1h1,623.2−2.670%10xas long as short
Entropy io:OAI+0.0129%1h1,672.7+0.299%$7.4M$2.2M6xas long as short