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 09:00 UTC+0.0204%/8h= +22.3% APRnext payment +$0.25 per $10,000 · paid last 24h +0.044%
Price spread now: Entropy against Extended+3.093%7-day average +4.402% · 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+0.487%+$49 on $10k
Price spread, last 4 days (all we have)+2.501%+$250 · spread now +3.093%, 7d avg +4.402%
Together, before fees+2.987%+ Points / potential airdropExtended: Active · farm board+$299 on $10k · with fees, hour by hour
Funding pays, the price is against you. Entropy is 1.309% cheaper against Extended than usual: you would sell low and buy high (spread +3.093% now, against its 7-day average of +4.402%). If the spread goes back, that is −$131 on $10k: about 21 days of funding at the current rate (+$6 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended OPENAI-USD1,620.80.0048pay 0.0006% / 1h38m 38s$141K$804K10x
ShortEntropy io:OAI1,670.90.0252get 0.0031% / 1h38m 38s$7.6M$2.3M6x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Entropy 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
$42.77
Price spread: +3.093% → +4.402%
−$130.93
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Entropy: 9 bp × 2 orders
−$18
Net
−$111.16
Costs to cover
0.230%
Break-even
25.2 days
Slippage unknown: Extended: live order book, 59 min ago; Entropy: live order book, 7 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, 59 min ago4.03 bp43.6 bp −$44285.5 bp −$2,855doesn't fitdoesn't fit
Sell Entropy live order book, 7 min ago2.69 bpdoesn't fitdoesn'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
QFEX OPENAI-USD−0.0004%1h1,620.2−0.035%$1.2M$632K10xas long as short
Bybit OPENAIUSDT0.0000%8h1,658.7+2.341%$720K$278K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,649.3+1.760%$5.1M$1.3M20xas long as short
Gate OPENAI_USDT0.0000%8h1,618.3−0.151%$45.9M$9.9M50xas long as short
Bitget OPENAIUSDT0.0000%8h1,622.5+0.106%$5.4M$3.9M20xas long as short
SunX OPENAI-USDT0.0000%8h1,622.3+0.094%$2.3M10xas long as short
Deribit OPENAI_USDC-PERPETUAL0.0000%1h1,622.6+0.113%$35xas long as short
HTX OPENAI-USDT0.0000%8h1,625.6+0.297%$79K$225K20xas long as short
Phemex OPENAIUSDT0.0000%8h1,621.4+0.036%$1.6M$498K10xas long as short
Lighter OPENAI+0.0008%1h1,712.3+5.650%$1.4M$274K5xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin OPENAI-USDT+0.0030%8h1,622+0.074%$474K$296K20xas long as short
Lighter RH OPENAI+0.0032%1h1,679.4+3.615%$2.7M$6.2M5xas long as short
Extended OPENAI-USDlong+0.0048%1h1,620.8long leg$141K$804K10x
Aster OPENAIUSDT+0.0050%8h1,623.7+0.181%$212K$3K20xas long as short
Binance OPENAIUSDT+0.0050%8h1,621.2+0.026%$22.9M$16.3M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,622.7+0.118%$6.6M$2.4M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,622.6+0.111%$374K$101K20xas long as short
Variational Omni OPENAI+0.0050%8h1,624.1+0.204%$2.6M$760Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,625.4+0.284%$2K$176K10xas long as short
Aevo OPENAI-PERP+0.0104%1h1,622.7+0.117%10xas long as short
Entropy io:OAIshort+0.0252%1h1,670.9+3.093%$7.6M$2.3M6x
Coinbase International OPENAI-PERP-INTX+0.0344%1h1,629+0.508%$236K$172K5xas long as short