Funding you earn now, next payment 09:00 UTC−0.0222%/8h= −24.3% APRpaid last 24h −0.044%
Price spread now: Variational Omni against Entropy−2.602%7-day average −5.182% · 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)−0.207%−$21 on $10k
+Price spread, last 7 days−3.923%−$392 · spread now −2.602%, 7d avg −5.182%
=Together, before fees−4.129%+ Points / potential airdropVariational Omni: Active · farm board−$413 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 2.579% dearer against Entropy than usual: you sell high and buy low (spread −2.602% now, against its 7-day average of −5.182%): +$258 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 39 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Entropy io:OAI | 1,667.8 | 0.0272 | pay 0.0034% / 1h | 50m 45s | $7.6M | $2.3M | 6x |
| Short | Variational Omni OPENAI | 1,624.4 | 0.0050 | get 0.0050% / 8h | 7h 50m | $2.6M | $760K | — |
Entropy io:OAI
Variational Omni OPENAIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Entropy. 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
- −$46.56
- Price spread: −2.602% → −5.182%
- $257.91
- Slippage, 4 orders
- no order book: not counted
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $193.35
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: Entropy: live order book, 6 min ago; Variational Omni: RFQ quote, 3 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 Entropy live order book, 6 min ago | 1.50 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 3 min ago | 3.76 bp | doesn't fit | 65.8 bp −$658 | 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 | −0.0004% | 1h | 1,624.3 | −2.611% | $1.2M | $628K | 10x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,661.3 | −0.393% | $727K | $274K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,651.9 | −0.953% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,622.1 | −2.740% | $45.7M | $9.3M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,624.8 | −2.581% | $5.4M | $3.9M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,623.9 | −2.632% | — | $2.4M | 10x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,624.3 | −2.610% | $79K | $225K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,624.4 | −2.603% | $1.6M | $499K | 10x | as long as short |
| Lighter OPENAI | +0.0008% | 1h | 1,712 | +2.650% | $1.4M | $273K | 5x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,680.1 | +0.737% | $2.7M | $6.1M | 5x | as long as short |
QFEX OPENAI-USD
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
HTX OPENAI-USDT
Phemex OPENAIUSDT
Lighter OPENAI
Lighter RH OPENAIShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended OPENAI-USD | +0.0048% | 1h | 1,623.9 | −2.630% | $141K | $808K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,626.8 | −2.458% | $212K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,624.4 | −2.604% | $22.9M | $16.5M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,624.1 | −2.620% | $6.6M | $2.4M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,624.4 | −2.603% | $374K | $89K | 20x | as long as short |
| Variational Omni OPENAIshort | +0.0050% | 8h | 1,624.4 | −2.602% | $2.6M | $760K | — | |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,621.9 | −2.752% | $2K | $176K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0071% | 8h | 1,624.3 | −2.606% | $476K | $297K | 20x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,624.3 | −2.610% | — | — | 10x | as long as short |
| Entropy io:OAIlong | +0.0272% | 1h | 1,667.8 | long leg | $7.6M | $2.3M | 6x | |
| Coinbase International OPENAI-PERP-INTX | +0.0344% | 1h | 1,629 | −2.326% | $236K | $173K | 5x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | +0.0677% | 1h | 1,624.4 | −2.602% | — | $3 | 5x | as long as short |
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
GRVT OPENAI_USDT_Perp
BloFin OPENAI-USDT
Aevo OPENAI-PERP
Coinbase International OPENAI-PERP-INTX
Deribit OPENAI_USDC-PERPETUAL