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 00:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h +0.015%
Price spread now: Variational Omni against Gate+0.403%7-day average +0.138% · 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 3 days (all we have)+0.045%+$5 on $10k
Price spread, last 7 days−0.128%−$13 · spread now +0.403%, 7d avg +0.138%
Together, before fees−0.083%+ Points / potential airdropVariational Omni: Active · farm board−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Variational Omni is 0.266% dearer against Gate than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of +0.138%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate OPENAI_USDT1,618.70get 0.0000% / 8h1h 35m$52.6M$40.6M50x
ShortVariational Omni OPENAI1,625.20.0050get 0.0050% / 8h1h 35m$2.6M$757K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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

Funding earned
$10.5
Price spread: +0.403% → +0.138%
$26.56
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$22.06
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: Gate: live order book, 3 min ago; Variational Omni: RFQ quote, 3 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 Gate live order book, 3 min ago3.45 bp14.1 bp −$14240.5 bp −$2,405doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 3 min ago3.35 bpdoesn't fit91.2 bp −$912doesn'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−0.0005%1h1,622.1+0.211%$1.2M$383K10xas long as short
Lighter OPENAI0.0000%1h1,694.5+4.683%$1.4M$289K5xas long as short
Bybit OPENAIUSDT0.0000%8h1,669.7+3.152%$760K$225K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,654.7+2.225%$5.1M$1.4M20xas long as short
Gate OPENAI_USDTlong0.0000%8h1,618.7long leg$52.6M$40.6M50x
Bitget OPENAIUSDT0.0000%8h1,623.7+0.311%$5.5M$5.1M20xas long as short
SunX OPENAI-USDT0.0000%8h1,624.5+0.359%$2.6M10xas long as short
Deribit OPENAI_USDC-PERPETUAL0.0000%1h1,623.5+0.294%$35xas long as short
HTX OPENAI-USDT0.0000%8h1,624.2+0.342%$79K$213K20xas long as short
Phemex OPENAIUSDT0.0000%8h1,621.2+0.153%$1.6M$579K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin OPENAI-USDT+0.0025%8h1,623.8+0.316%$472K$294K20xas long as short
Lighter RH OPENAI+0.0032%1h1,665+2.859%$2.6M$6.2M5xas long as short
Extended OPENAI-USD+0.0048%1h1,621+0.143%$131K$670K10xas long as short
Aster OPENAIUSDT+0.0050%8h1,628.8+0.623%$212K$3K20xas long as short
Binance OPENAIUSDT+0.0050%8h1,621.8+0.193%$23.1M$20.9M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,621.7+0.185%$13.0M$3.1M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,636.1+1.077%$377K$64K20xas long as short
Variational Omni OPENAIshort+0.0050%8h1,625.2+0.403%$2.6M$757K
GRVT OPENAI_USDT_Perp+0.0050%8h1,625.5+0.421%$2K$152K10xas long as short
Entropy io:OAI+0.0094%1h1,661.8+2.663%$7.3M$2.2M6xas long as short
Aevo OPENAI-PERP+0.0104%1h1,621.8+0.194%10xas long as short
Coinbase International OPENAI-PERP-INTX+0.0456%1h1,624.3+0.349%$237K$108K5xas long as short