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
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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate OPENAI_USDT | 1,618.7 | 0 | get 0.0000% / 8h | 1h 35m | $52.6M | $40.6M | 50x |
| Short | Variational Omni OPENAI | 1,625.2 | 0.0050 | get 0.0050% / 8h | 1h 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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 3 min ago | 3.45 bp | 14.1 bp −$14 | 240.5 bp −$2,405 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 3 min ago | 3.35 bp | doesn't fit | 91.2 bp −$912 | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX OPENAI-USD | −0.0005% | 1h | 1,622.1 | +0.211% | $1.2M | $383K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,694.5 | +4.683% | $1.4M | $289K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,669.7 | +3.152% | $760K | $225K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,654.7 | +2.225% | $5.1M | $1.4M | 20x | as long as short |
| Gate OPENAI_USDTlong | 0.0000% | 8h | 1,618.7 | long leg | $52.6M | $40.6M | 50x | |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,623.7 | +0.311% | $5.5M | $5.1M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,624.5 | +0.359% | — | $2.6M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,623.5 | +0.294% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,624.2 | +0.342% | $79K | $213K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,621.2 | +0.153% | $1.6M | $579K | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin OPENAI-USDT | +0.0025% | 8h | 1,623.8 | +0.316% | $472K | $294K | 20x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,665 | +2.859% | $2.6M | $6.2M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,621 | +0.143% | $131K | $670K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,628.8 | +0.623% | $212K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,621.8 | +0.193% | $23.1M | $20.9M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,621.7 | +0.185% | $13.0M | $3.1M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,636.1 | +1.077% | $377K | $64K | 20x | as long as short |
| Variational Omni OPENAIshort | +0.0050% | 8h | 1,625.2 | +0.403% | $2.6M | $757K | — | |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,625.5 | +0.421% | $2K | $152K | 10x | as long as short |
| Entropy io:OAI | +0.0094% | 1h | 1,661.8 | +2.663% | $7.3M | $2.2M | 6x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,621.8 | +0.194% | — | — | 10x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0456% | 1h | 1,624.3 | +0.349% | $237K | $108K | 5x | as long as short |
Gate OPENAI_USDT
Variational Omni OPENAI
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Bitget OPENAIUSDT
SunX OPENAI-USDT
Deribit OPENAI_USDC-PERPETUAL
HTX OPENAI-USDT
Phemex OPENAIUSDT
BloFin OPENAI-USDT
Lighter RH OPENAI
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
GRVT OPENAI_USDT_Perp
Coinbase International OPENAI-PERP-INTX