Funding arb · Price arb /

OPENAI

RWAall OPENAI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Aster against GRVT+0.336%90s7-day average +0.186% · you sell dearer than you buy

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

Long on GRVT Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.106%−$11 · spread now +0.336%, 7d avg +0.186%

Together, before fees−0.106%+ Points / potential airdropGRVT: Active · Aster: Stage 5 · farm board−$11 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.150% dearer against GRVT than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of +0.186%. The two prices were read 90 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT OPENAI_USDT_Perp	1,614.9	0.0050	pay 0.0050% / 8h	2h 17m	$2K	$169K	10x
Short	Aster OPENAIUSDT	1,620.3	0.0050	get 0.0050% / 8h	2h 17m	$211K	$3K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against GRVT. 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 GRVTbpFee AsterbpOrdersPrice spread, now +0.336%Rate

Funding earned: $0
Price spread: +0.336% → +0.186%: $14.97
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Aster: 4 bp × 2 orders: −$8
Net: −$2.03
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: GRVT: live order book, 25 min ago; Aster: live order book, 29 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 GRVT live order book, 25 min ago	2.63 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Aster live order book, 29 min ago	68.53 bp	114.8 bp −$115	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
QFEX OPENAI-USD	−0.0005%	1h	1,616.3	+0.084%	$1.2M	$603K	10x	as long as short
Lighter OPENAI	0.0000%	1h	1,707.9	+5.757%	$1.4M	$264K	5x	as long as short
Bybit OPENAIUSDT	0.0000%	8h	1,657.4	+2.628%	$752K	$205K	25x	as long as short
OKX OPENAI-USDT-SWAP	0.0000%	8h	1,644	+1.801%	$5.1M	$1.3M	20x	as long as short
Gate OPENAI_USDT	0.0000%	8h	1,613.4	−0.091%	$52.2M	$19.7M	50x	as long as short
Bitget OPENAIUSDT	0.0000%	8h	1,619.1	+0.258%	$5.4M	$5.0M	20x	as long as short
SunX OPENAI-USDT	0.0000%	8h	1,618.1	+0.197%	—	$2.4M	10x	as long as short
Deribit OPENAI_USDC-PERPETUAL	0.0000%	1h	1,617.3	+0.150%	—	$3	5x	as long as short
HTX OPENAI-USDT	0.0000%	8h	1,616.7	+0.112%	$79K	$225K	20x	as long as short
Phemex OPENAIUSDT	0.0000%	8h	1,617.1	+0.136%	$1.6M	$522K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International OPENAI-PERP-INTX	+0.0016%	1h	1,620.9	+0.372%	$226K	$161K	5x	as long as short
BloFin OPENAI-USDT	+0.0029%	8h	1,615.5	+0.038%	$472K	$288K	20x	as long as short
Lighter RH OPENAI	+0.0032%	1h	1,675	+3.723%	$2.6M	$6.2M	5x	as long as short
Extended OPENAI-USD	+0.0048%	1h	1,616.2	+0.079%	$142K	$893K	10x	as long as short
Aster OPENAIUSDTshort	+0.0050%	8h	1,620.3	+0.336%	$211K	$3K	20x
Binance OPENAIUSDT	+0.0050%	8h	1,616.6	+0.105%	$22.8M	$17.3M	20x	as long as short
MEXC OPENAI_USDT	+0.0050%	8h	1,617.1	+0.135%	$13.0M	$3.1M	50x	as long as short
KuCoin OPENAIUSDTM	+0.0050%	8h	1,617.7	+0.173%	$374K	$70K	20x	as long as short
Variational Omni OPENAI	+0.0050%	8h	1,615.2	+0.016%	$2.6M	$757K	—	as long as short
GRVT OPENAI_USDT_Perplong	+0.0050%	8h	1,614.9	long leg	$2K	$169K	10x
Aevo OPENAI-PERP	+0.0104%	1h	1,616.4	+0.093%	—	—	10x	as long as short
Entropy io:OAI	+0.0121%	1h	1,665	+3.102%	$7.6M	$2.3M	6x	as long as short