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+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h +0.015%
Price spread now: Variational Omni against Bybit−2.516%7-day average −2.945% · 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 3 days (all we have)+0.050%+$5 on $10k
Price spread, last 4 days (all we have)−0.037%−$4 · spread now −2.516%, 7d avg −2.945%
Together, before fees+0.013%+ Points / potential airdropVariational Omni: Active · 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 Variational Omni is 0.430% dearer against Bybit than usual: you sell high and buy low: +$43 more if the spread goes back to its 7-day average of −2.945%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit OPENAIUSDT1,664.10get 0.0000% / 8h5h 32m$763K$203K25x
ShortVariational Omni OPENAI1,622.20.0050get 0.0050% / 8h5h 32m$2.6M$754K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$10.5
Price spread: −2.516% → −2.945%
$42.97
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$42.47
Costs to cover
0.110%
Break-even
from the start
Slippage unknown: Bybit: live order book, 27 min ago; Variational Omni: RFQ quote, 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 Bybit live order book, 27 min ago15.71 bp93.3 bp −$93doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 2 min ago3.20 bpdoesn't fit32.2 bp −$322doesn'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
Coinbase International OPENAI-PERP-INTX−0.0104%1h1,625.2−2.337%$225K$159K5xas long as short
Lighter OPENAI0.0000%1h1,709.1+2.702%$1.4M$269K5xas long as short
Bybit OPENAIUSDTlong0.0000%8h1,664.1long leg$763K$203K25x
OKX OPENAI-USDT-SWAP0.0000%8h1,652.9−0.672%$5.1M$1.3M20xas long as short
Gate OPENAI_USDT0.0000%8h1,620.8−2.603%$52.4M$28.7M50xas long as short
Bitget OPENAIUSDT0.0000%8h1,625.2−2.336%$5.5M$5.1M20xas long as short
SunX OPENAI-USDT0.0000%8h1,624.4−2.385%$2.4M10xas long as short
HTX OPENAI-USDT0.0000%8h1,623.8−2.419%$79K$216K20xas long as short
Phemex OPENAIUSDT0.0000%8h1,622.7−2.485%$1.6M$542K10xas long as short
QFEX OPENAI-USD0.0000%1h1,623.5−2.439%$1.2M$469K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin OPENAI-USDT+0.0028%8h1,622.9−2.478%$476K$277K20xas long as short
Lighter RH OPENAI+0.0032%1h1,676.3+0.733%$2.7M$6.2M5xas long as short
Extended OPENAI-USD+0.0048%1h1,623.2−2.458%$135K$725K10xas long as short
Aster OPENAIUSDT+0.0050%8h1,629.1−2.105%$212K$3K20xas long as short
Binance OPENAIUSDT+0.0050%8h1,623.7−2.430%$22.9M$17.8M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,623.8−2.419%$13.1M$3.2M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,623.3−2.453%$374K$71K20xas long as short
Variational Omni OPENAIshort+0.0050%8h1,622.2−2.516%$2.6M$754K
GRVT OPENAI_USDT_Perp+0.0050%8h1,622.2−2.516%$2K$139K10xas long as short
Aevo OPENAI-PERP+0.0104%1h1,623.3−2.453%10xas long as short
Entropy io:OAI+0.0138%1h1,667+0.175%$7.4M$2.1M6xas long as short
Deribit OPENAI_USDC-PERPETUAL+0.0355%1h1,625.6−2.315%$35xas long as short