Funding you earn now, next payment 04:00 UTC−0.0006%/8h= −0.7% APRpaid last 24h −0.226%
Price spread now: Variational Omni against Coinbase International−0.551%7-day average −0.485% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.655%−$65 on $10k
+Price spread, last 4 days (all we have)−0.761%−$76 · spread now −0.551%, 7d avg −0.485%
=Together, before fees−1.415%+ Points / potential airdropVariational Omni: Active · farm board−$142 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.066% cheaper against Coinbase International than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.485%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International OPENAI-PERP-INTX | 1,623.9 | 0.0056 | pay 0.0007% / 1h | 2m 01s | $226K | $161K | 5x |
| Short | Variational Omni OPENAI | 1,614.9 | 0.0050 | get 0.0050% / 8h | 3h 02m | $2.6M | $766K | — |
Coinbase International OPENAI-PERP-INTX
Variational Omni OPENAIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Coinbase International. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$1.26
- Price spread: −0.551% → −0.485%
- −$6.6
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$17.86
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 51 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Coinbase International live order book, 51 min ago | 5.73 bp | 30.8 bp −$31 | 55.8 bp −$558 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 2.76 bp | doesn't fit | 93.2 bp −$932 | doesn't fit | doesn't fit |
OPENAI on 22 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX OPENAI-USD | −0.0001% | 1h | 1,614.4 | −0.582% | $1.2M | $589K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,706.3 | +5.072% | $1.4M | $265K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,658.5 | +2.131% | $753K | $206K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,646.4 | +1.386% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,611.8 | −0.745% | $52.2M | $25.4M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,617.3 | −0.403% | $5.4M | $5.0M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,616.7 | −0.443% | — | $2.4M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,615 | −0.546% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,615.7 | −0.504% | $79K | $221K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,615.3 | −0.531% | $1.6M | $533K | 10x | as long as short |
QFEX OPENAI-USD
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
Deribit OPENAI_USDC-PERPETUAL
HTX OPENAI-USDT
Phemex OPENAIUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH OPENAI | +0.0032% | 1h | 1,673.6 | +3.060% | $2.6M | $6.2M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,614 | −0.607% | $143K | $842K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,617.8 | −0.378% | $211K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,614.4 | −0.587% | $22.8M | $17.5M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,614.5 | −0.578% | $13.0M | $3.2M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,620 | −0.239% | $373K | $69K | 20x | as long as short |
| Variational Omni OPENAIshort | +0.0050% | 8h | 1,614.9 | −0.551% | $2.6M | $766K | — | |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,615.5 | −0.519% | $2K | $161K | 10x | as long as short |
| Coinbase International OPENAI-PERP-INTXlong | +0.0056% | 1h | 1,623.9 | long leg | $226K | $161K | 5x | |
| BloFin OPENAI-USDT | +0.0058% | 8h | 1,615.8 | −0.497% | $474K | $286K | 20x | as long as short |
| Entropy io:OAI | +0.0096% | 1h | 1,667 | +2.655% | $7.6M | $2.3M | 6x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,614.2 | −0.599% | — | — | 10x | as long as short |
Lighter RH OPENAI
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
GRVT OPENAI_USDT_Perp
BloFin OPENAI-USDT
Entropy io:OAI
Aevo OPENAI-PERP