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 −0.005%

Price spread now: Bitget against GRVT+0.153%73s7-day average −0.043% · you sell dearer than you buy

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

Long on GRVT Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.095%−$10 on $10k

Price spread, last 4 days (all we have)−0.363%−$36 · spread now +0.153%, 7d avg −0.043%

Together, before fees−0.458%+ Points / potential airdropGRVT: Active · farm board−$46 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.196% dearer against GRVT than usual: you sell high and buy low (spread +0.153% now, against its 7-day average of −0.043%): +$20 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 13 days. The two prices were read 73 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	1,622.7	0.0050	pay 0.0050% / 8h	6h 24m	$2K	$138K	10x
Short	Bitget OPENAIUSDT	1,625.2	0	get 0.0000% / 8h	6h 24m	$5.5M	$5.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against GRVT. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 BitgetbpOrdersPrice spread, now +0.153%Rate

Funding earned: −$10.5
Price spread: +0.153% → −0.043%: $19.6
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$11.9
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: GRVT: live order book, 38 min ago; Bitget: live order book, 4 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, 38 min ago	2.64 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	1.63 bp	22.5 bp −$22	59.0 bp −$590	doesn't fit	doesn't fit

OPENAI on 21 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	−0.0004%	1h	1,623.3	+0.034%	$1.2M	$416K	10x	as long as short
Lighter OPENAI	0.0000%	1h	1,708.3	+5.272%	$1.4M	$280K	5x	as long as short
Bybit OPENAIUSDT	0.0000%	8h	1,666.2	+2.679%	$764K	$205K	25x	as long as short
OKX OPENAI-USDT-SWAP	0.0000%	8h	1,652.1	+1.809%	$5.1M	$1.3M	20x	as long as short
Gate OPENAI_USDT	0.0000%	8h	1,620.4	−0.147%	$52.4M	$31.9M	50x	as long as short
Bitget OPENAIUSDTshort	0.0000%	8h	1,625.2	+0.153%	$5.5M	$5.1M	20x
SunX OPENAI-USDT	0.0000%	8h	1,624.2	+0.090%	—	$2.5M	10x	as long as short
Deribit OPENAI_USDC-PERPETUAL	0.0000%	1h	1,623.6	+0.051%	—	$3	5x	as long as short
HTX OPENAI-USDT	0.0000%	8h	1,623.9	+0.072%	$79K	$216K	20x	as long as short
Phemex OPENAIUSDT	0.0000%	8h	1,623.4	+0.043%	$1.6M	$560K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International OPENAI-PERP-INTX	+0.0024%	1h	1,624	+0.078%	$222K	$158K	5x	as long as short
Lighter RH OPENAI	+0.0032%	1h	1,675.6	+3.259%	$2.6M	$6.2M	5x	as long as short
Extended OPENAI-USD	+0.0048%	1h	1,623.1	+0.024%	$131K	$722K	10x	as long as short
Aster OPENAIUSDT	+0.0050%	8h	1,628.9	+0.381%	$212K	$3K	20x	as long as short
Binance OPENAIUSDT	+0.0050%	8h	1,623.6	+0.050%	$22.9M	$18.8M	20x	as long as short
MEXC OPENAI_USDT	+0.0050%	8h	1,623.5	+0.044%	$13.1M	$3.2M	50x	as long as short
KuCoin OPENAIUSDTM	+0.0050%	8h	1,624.5	+0.108%	$376K	$67K	20x	as long as short
Variational Omni OPENAI	+0.0050%	8h	1,623.5	+0.048%	$2.6M	$759K	—	as long as short
GRVT OPENAI_USDT_Perplong	+0.0050%	8h	1,622.7	long leg	$2K	$138K	10x
Entropy io:OAI	+0.0081%	1h	1,667.7	+2.770%	$7.4M	$2.2M	6x	as long as short
Aevo OPENAI-PERP	+0.0104%	1h	1,622.7	−0.005%	—	—	10x	as long as short