OPENAI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h +0.015%

Price spread now: GRVT against Gate+0.147%7-day average +0.175% · you sell dearer than you buy

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

Long on Gate Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.105%+$11 on $10k

Price spread, last 4 days (all we have)−0.016%−$2 · spread now +0.147%, 7d avg +0.175%

Together, before fees+0.089%+ Points / potential airdropGRVT: Active · farm board+$9 on $10k · with fees, hour by hour

Funding pays, the price is against you. GRVT is 0.029% cheaper against Gate than usual: you would sell low and buy high (spread +0.147% now, against its 7-day average of +0.175%). If the spread goes back, that is −$3 on $10k: about 46 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate OPENAI_USDT	1,619.9	0	get 0.0000% / 8h	5h 34m	$52.4M	$28.7M	50x
Short	GRVT OPENAI_USDT_Perp	1,622.2	0.0050	get 0.0050% / 8h	5h 34m	$2K	$139K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Gate. 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 GatebpFee GRVTbpOrdersPrice spread, now +0.147%Rate

Funding earned: $10.5
Price spread: +0.147% → +0.175%: −$2.87
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$16.37
Costs to cover: 0.240%
Break-even: 17.9 days

Slippage unknown: Gate: live order book, 4 min ago; GRVT: live order book, 23 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 Gate live order book, 4 min ago	1.98 bp	16.1 bp −$16	424.4 bp −$4,244	doesn't fit	doesn't fit
Sell GRVT live order book, 23 min ago	2.59 bp	doesn't fit	doesn't fit	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
Coinbase International OPENAI-PERP-INTX	−0.0104%	1h	1,625.2	+0.330%	$225K	$159K	5x	as long as short
Lighter OPENAI	0.0000%	1h	1,708.8	+5.490%	$1.4M	$269K	5x	as long as short
Bybit OPENAIUSDT	0.0000%	8h	1,664.4	+2.749%	$763K	$203K	25x	as long as short
OKX OPENAI-USDT-SWAP	0.0000%	8h	1,653.2	+2.059%	$5.1M	$1.3M	20x	as long as short
Gate OPENAI_USDTlong	0.0000%	8h	1,619.9	long leg	$52.4M	$28.7M	50x
Bitget OPENAIUSDT	0.0000%	8h	1,624.4	+0.283%	$5.5M	$5.1M	20x	as long as short
SunX OPENAI-USDT	0.0000%	8h	1,622.3	+0.151%	—	$2.4M	10x	as long as short
Deribit OPENAI_USDC-PERPETUAL	0.0000%	1h	1,624.7	+0.296%	—	$3	5x	as long as short
HTX OPENAI-USDT	0.0000%	8h	1,623.8	+0.246%	$78K	$216K	20x	as long as short
Phemex OPENAIUSDT	0.0000%	8h	1,622.5	+0.164%	$1.6M	$542K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX OPENAI-USD	0.0000%	1h	1,623.1	+0.202%	$1.2M	$469K	10x	as long as short
Lighter RH OPENAI	+0.0032%	1h	1,676.1	+3.474%	$2.7M	$6.2M	5x	as long as short
BloFin OPENAI-USDT	+0.0041%	8h	1,622.9	+0.186%	$476K	$277K	20x	as long as short
Extended OPENAI-USD	+0.0048%	1h	1,622.7	+0.174%	$135K	$725K	10x	as long as short
Aster OPENAIUSDT	+0.0050%	8h	1,628.9	+0.557%	$212K	$3K	20x	as long as short
Binance OPENAIUSDT	+0.0050%	8h	1,623.1	+0.202%	$22.9M	$17.8M	20x	as long as short
MEXC OPENAI_USDT	+0.0050%	8h	1,623.1	+0.202%	$13.0M	$3.2M	50x	as long as short
KuCoin OPENAIUSDTM	+0.0050%	8h	1,623.3	+0.211%	$374K	$71K	20x	as long as short
Variational Omni OPENAI	+0.0050%	8h	1,622.2	+0.147%	$2.6M	$754K	—	as long as short
GRVT OPENAI_USDT_Perpshort	+0.0050%	8h	1,622.2	+0.147%	$2K	$139K	10x
Aevo OPENAI-PERP	+0.0104%	1h	1,622.9	+0.186%	—	—	10x	as long as short
Entropy io:OAI	+0.0134%	1h	1,667	+2.911%	$7.4M	$2.1M	6x	as long as short