Funding arb · Price arb /

OPENAI

RWAall OPENAI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h —

Price spread now: Aevo against HTX−0.029%7-day average — · you buy dearer than you sell

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

Long on HTX Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Aevo is 0.029% cheaper against HTX than usual: you would sell low and buy high (spread −0.029% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 23 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX OPENAI-USDT	1,619.1	0	get 0.0000% / 8h	1h 28m	$78K	$213K	20x
Short	Aevo OPENAI-PERP	1,618.6	0.0104	get 0.0013% / 1h	28m 09s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against HTX. 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 HTXbpFee AevobpOrdersPrice spread, now −0.029%Rate

Funding earned: $21.84
Price spread: −0.029% → 0.000%: −$2.93
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$9.09
Costs to cover: 0.280%
Break-even: 9.9 days

Slippage unknown: HTX: live order book, 53 min ago; Aevo: no order-book sample. 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 HTX live order book, 53 min ago	1.63 bp	19.4 bp −$19	doesn't fit	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	1,618.8	−0.017%	$1.2M	$386K	10x	as long as short
Lighter OPENAI	0.0000%	1h	1,693.7	+4.612%	$1.4M	$291K	5x	as long as short
Bybit OPENAIUSDT	0.0000%	8h	1,666.9	+2.952%	$759K	$226K	25x	as long as short
OKX OPENAI-USDT-SWAP	0.0000%	8h	1,650.1	+1.918%	$5.1M	$1.4M	20x	as long as short
Gate OPENAI_USDT	0.0000%	8h	1,615.8	−0.201%	$52.5M	$40.7M	50x	as long as short
Bitget OPENAIUSDT	0.0000%	8h	1,620.5	+0.091%	$5.5M	$5.1M	20x	as long as short
SunX OPENAI-USDT	0.0000%	8h	1,620.7	+0.102%	—	$2.6M	10x	as long as short
Deribit OPENAI_USDC-PERPETUAL	0.0000%	1h	1,620.3	+0.078%	—	$3	5x	as long as short
HTX OPENAI-USDTlong	0.0000%	8h	1,619.1	long leg	$78K	$213K	20x
Phemex OPENAIUSDT	0.0000%	8h	1,617.2	−0.115%	$1.6M	$578K	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	+0.0026%	8h	1,618.5	−0.035%	$472K	$294K	20x	as long as short
Lighter RH OPENAI	+0.0032%	1h	1,664.8	+2.826%	$2.6M	$6.3M	5x	as long as short
Extended OPENAI-USD	+0.0048%	1h	1,618.5	−0.037%	$131K	$670K	10x	as long as short
Aster OPENAIUSDT	+0.0050%	8h	1,624.9	+0.360%	$212K	$3K	20x	as long as short
Binance OPENAIUSDT	+0.0050%	8h	1,617.6	−0.091%	$23.0M	$20.5M	20x	as long as short
MEXC OPENAI_USDT	+0.0050%	8h	1,617.7	−0.082%	$12.9M	$3.1M	50x	as long as short
KuCoin OPENAIUSDTM	+0.0050%	8h	1,636.1	+1.054%	$377K	$64K	20x	as long as short
Variational Omni OPENAI	+0.0050%	8h	1,618.6	−0.028%	$2.6M	$757K	—	as long as short
GRVT OPENAI_USDT_Perp	+0.0050%	8h	1,619.8	+0.045%	$2K	$152K	10x	as long as short
Entropy io:OAI	+0.0078%	1h	1,660.8	+2.579%	$7.3M	$2.2M	6x	as long as short
Aevo OPENAI-PERPshort	+0.0104%	1h	1,618.6	−0.029%	—	—	10x
Coinbase International OPENAI-PERP-INTX	+0.0456%	1h	1,620.2	+0.068%	$235K	$138K	5x	as long as short