Funding arb · Price arb /

OPENAI

RWAall OPENAI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0056%/8h= +6.1% APRnext payment +$0.07 per $10,000 · paid last 24h —

Price spread now: Aevo against Extended−0.007%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Extended Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended OPENAI-USD	1,623.4	0.0048	pay 0.0006% / 1h	40m 54s	$144K	$736K	10x
Short	Aevo OPENAI-PERP	1,623.2	0.0104	get 0.0013% / 1h	40m 54s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Extended. 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

Position, each leg$Hold fordaysFee ExtendedbpFee AevobpOrdersPrice spread, now −0.007%Rate

Funding earned: $11.76
Price spread: −0.007% → 0.000%: −$0.73
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$9.97
Costs to cover: 0.210%
Break-even: 12.9 days

Slippage unknown: Extended: live order book, 17 min ago; Aevo: no order-book sample. 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 Extended live order book, 17 min ago	4.94 bp	37.0 bp −$37	257.8 bp −$2,578	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Coinbase International OPENAI-PERP-INTX	−0.0024%	1h	1,625.7	+0.147%	$226K	$160K	5x	as long as short
QFEX OPENAI-USD	−0.0004%	1h	1,623.4	+0.005%	$1.2M	$536K	10x	as long as short
Lighter OPENAI	0.0000%	1h	1,710.6	+5.375%	$1.4M	$265K	5x	as long as short
Bybit OPENAIUSDT	0.0000%	8h	1,662.1	+2.386%	$758K	$205K	25x	as long as short
OKX OPENAI-USDT-SWAP	0.0000%	8h	1,653.2	+1.838%	$5.1M	$1.3M	20x	as long as short
Gate OPENAI_USDT	0.0000%	8h	1,620.9	−0.153%	$52.4M	$28.1M	50x	as long as short
Bitget OPENAIUSDT	0.0000%	8h	1,625.9	+0.155%	$5.5M	$5.0M	20x	as long as short
SunX OPENAI-USDT	0.0000%	8h	1,624.1	+0.046%	—	$2.4M	10x	as long as short
Deribit OPENAI_USDC-PERPETUAL	0.0000%	1h	1,622.5	−0.051%	—	$3	5x	as long as short
HTX OPENAI-USDT	0.0000%	8h	1,625.3	+0.118%	$79K	$218K	20x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex OPENAIUSDT	0.0000%	8h	1,623.8	+0.025%	$1.6M	$545K	10x	as long as short
Lighter RH OPENAI	+0.0032%	1h	1,678.1	+3.370%	$2.7M	$6.2M	5x	as long as short
Extended OPENAI-USDlong	+0.0048%	1h	1,623.4	long leg	$144K	$736K	10x
Aster OPENAIUSDT	+0.0050%	8h	1,629.3	+0.368%	$212K	$3K	20x	as long as short
Binance OPENAIUSDT	+0.0050%	8h	1,623.8	+0.028%	$22.9M	$17.9M	20x	as long as short
MEXC OPENAI_USDT	+0.0050%	8h	1,624.3	+0.057%	$13.0M	$3.2M	50x	as long as short
KuCoin OPENAIUSDTM	+0.0050%	8h	1,625.1	+0.107%	$376K	$69K	20x	as long as short
Variational Omni OPENAI	+0.0050%	8h	1,624	+0.040%	$2.6M	$766K	—	as long as short
GRVT OPENAI_USDT_Perp	+0.0050%	8h	1,620.8	−0.161%	$3K	$146K	10x	as long as short
BloFin OPENAI-USDT	+0.0054%	8h	1,622.4	−0.057%	$474K	$281K	20x	as long as short
Aevo OPENAI-PERPshort	+0.0104%	1h	1,623.2	−0.007%	—	—	10x
Entropy io:OAI	+0.0178%	1h	1,668.5	+2.781%	$7.6M	$2.3M	6x	as long as short