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 23:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h +0.001%
Price spread now: Aster against Extended+0.522%7-day average +0.156% · you sell dearer than you buy
Net, funding: paid 7d − costs−$483as in the Funding arb table
Net, price: spread back to 7d avg − costs−$447as in the Price arb table
costs, in and out, $10k−$4844.839% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.004%$0 on $10k
Price spread, last 4 days (all we have)−0.467%−$47 · spread now +0.522%, 7d avg +0.156%
Together, before fees−0.463%+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm board−$46 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: Aster is 0.367% dearer against Extended than usual: you sell high and buy low, +$37 on $10k if it goes back to its 7-day average of +0.156%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended OPENAI-USD1,618.90.0048pay 0.0006% / 1h33m 05s$131K$670K10x
ShortAster OPENAIUSDT1,627.40.0050get 0.0050% / 8h1h 33m$212K$3K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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

Funding earned
$0.42
Price spread: +0.522% → +0.156%
$36.67
Slippage, 4 orders
−$470.91
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Aster: 4 bp × 2 orders
−$8
Net
−$446.82
Costs to cover
4.839%
Break-even
7453.9 days
Slippage from Extended: live order book, 50 min ago; Aster: live order book, 48 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 50 min ago4.32 bp38.6 bp −$39251.6 bp −$2,516doesn't fitdoesn't fit
Sell Aster live order book, 48 min ago35.36 bp78.2 bp −$78doesn't fitdoesn'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−0.0016%1h1,621.6+0.165%$35xas long as short
QFEX OPENAI-USD−0.0005%1h1,620+0.068%$1.2M$384K10xas long as short
Lighter OPENAI0.0000%1h1,694.5+4.666%$1.4M$290K5xas long as short
Bybit OPENAIUSDT0.0000%8h1,669.3+3.109%$760K$225K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,652.5+2.073%$5.1M$1.4M20xas long as short
Gate OPENAI_USDT0.0000%8h1,616.9−0.126%$52.6M$40.7M50xas long as short
Bitget OPENAIUSDT0.0000%8h1,622+0.189%$5.5M$5.1M20xas long as short
SunX OPENAI-USDT0.0000%8h1,622.1+0.195%$2.6M10xas long as short
HTX OPENAI-USDT0.0000%8h1,623.1+0.257%$79K$213K20xas long as short
Phemex OPENAIUSDT0.0000%8h1,620+0.063%$1.6M$579K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH OPENAI+0.0032%1h1,665.4+2.868%$2.6M$6.3M5xas long as short
Extended OPENAI-USDlong+0.0048%1h1,618.9long leg$131K$670K10x
Aster OPENAIUSDTshort+0.0050%8h1,627.4+0.522%$212K$3K20x
Binance OPENAIUSDT+0.0050%8h1,619.2+0.018%$23.0M$20.7M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,619.9+0.061%$12.9M$3.1M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,636.1+1.061%$377K$64K20xas long as short
Variational Omni OPENAI+0.0050%8h1,622.2+0.202%$2.6M$757Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,621.8+0.180%$2K$152K10xas long as short
BloFin OPENAI-USDT+0.0061%8h1,619.6+0.044%$472K$295K20xas long as short
Entropy io:OAI+0.0092%1h1,661.7+2.642%$7.3M$2.2M6xas long as short
Aevo OPENAI-PERP+0.0104%1h1,620.2+0.076%10xas long as short
Coinbase International OPENAI-PERP-INTX+0.0456%1h1,625.8+0.421%$237K$107K5xas long as short