Settings8H · net · $10k
Funding arb · Price arb /

OPENAI

RWAall OPENAI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0024%/8h= −2.6% APRpaid last 24h +0.003%
Price spread now: BloFin against Extended+0.002%94s7-day average +0.044% · you sell dearer than you buy
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 7 days+0.010%+$1 on $10k
Price spread, last 3 days (all we have)+0.118%+$12 · spread now +0.002%, 7d avg +0.044%
Together, before fees+0.129%+ Points / potential airdropExtended: Active · farm board+$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.042% cheaper against Extended than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.044%). Swap the legs. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended OPENAI-USD1,628.90.0048pay 0.0006% / 1h3m 28s$133K$656K10x
ShortBloFin OPENAI-USDT1,628.90.0024get 0.0024% / 8h2h 03m$473K$295K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$5.04
Price spread: +0.002% → +0.044%
−$4.21
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$26.25
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 20 min ago; BloFin: live order book, 17 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 Extended live order book, 20 min ago4.32 bp38.6 bp −$39251.6 bp −$2,516doesn't fitdoesn't fit
Sell BloFin live order book, 17 min ago0.15 bp17.9 bp −$18doesn'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
Lighter OPENAI0.0000%1h1,697.7+4.227%$1.4M$315K5xas long as short
Bybit OPENAIUSDT0.0000%8h1,674.1+2.775%$761K$225K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,662.3+2.053%$5.1M$1.4M20xas long as short
QFEX OPENAI-USD0.0000%1h1,629+0.011%$1.2M$361K10xas long as short
Gate OPENAI_USDT0.0000%8h1,626.3−0.156%$52.9M$48.6M50xas long as short
Bitget OPENAIUSDT0.0000%8h1,630.7+0.114%$5.5M$5.0M20xas long as short
SunX OPENAI-USDT0.0000%8h1,629.5+0.039%$2.6M10xas long as short
Deribit OPENAI_USDC-PERPETUAL0.0000%1h1,629.2+0.019%$35xas long as short
HTX OPENAI-USDT0.0000%8h1,629.6+0.045%$79K$212K20xas long as short
Phemex OPENAIUSDT0.0000%8h1,627.4−0.091%$1.6M$584K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin OPENAI-USDTshort+0.0024%8h1,628.9+0.002%$473K$295K20x
Lighter RH OPENAI+0.0032%1h1,664.6+2.195%$2.6M$6.3M5xas long as short
Entropy io:OAI+0.0047%1h1,662.2+2.047%$7.3M$2.2M6xas long as short
Extended OPENAI-USDlong+0.0048%1h1,628.9long leg$133K$656K10x
Aster OPENAIUSDT+0.0050%8h1,632.7+0.234%$213K$3K20xas long as short
Binance OPENAIUSDT+0.0050%8h1,629.4+0.033%$23.2M$21.2M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,629.5+0.041%$13.0M$3.1M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,640.2+0.698%$375K$65K20xas long as short
Variational Omni OPENAI+0.0050%8h1,627.8−0.067%$2.6M$755Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,628.6−0.013%$2K$153K10xas long as short
Aevo OPENAI-PERP+0.0104%1h1,629.6+0.044%10xas long as short
Coinbase International OPENAI-PERP-INTX+0.1080%1h1,633.2+0.266%$237K$106K5xas long as short