Settings8H · net · $10k
Funding arb · Price arb /

OPENAI

RWAall OPENAI markets
SwapBacktest
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 +0.203%
Price spread now: Aster against HTX+0.323%7-day average +0.160% · you sell dearer than you buy
Net, funding: paid 7d − costs−$512as in the Funding arb table
Net, price: spread back to 7d avg − costs−$525as in the Price arb table
costs, in and out, $10k−$5415.414% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.293%+$29 on $10k
Price spread, last 4 days (all we have)−0.089%−$9 · spread now +0.323%, 7d avg +0.160%
Together, before fees+0.204%+ Points / potential airdropAster: Stage 5 · farm board+$20 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 Aster is 0.164% dearer against HTX than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.160%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX OPENAI-USDT1,6230get 0.0000% / 8h3h 58m$79K$220K20x
ShortAster OPENAIUSDT1,628.20.0050get 0.0050% / 8h3h 58m$212K$3K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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

Funding earned
$10.5
Price spread: +0.323% → +0.160%
$16.37
Slippage, 4 orders
−$521.41
Fee HTX: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$514.54
Costs to cover
5.414%
Break-even
350.0 days
Slippage from HTX: live order book, 58 min ago; Aster: live order book, 58 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 58 min ago3.42 bp16.6 bp −$1740.8 bp −$408doesn't fitdoesn't fit
Sell Aster live order book, 58 min ago46.17 bp91.1 bp −$91doesn't fitdoesn'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−0.0001%1h1,622−0.056%$1.2M$553K10xas long as short
Lighter OPENAI0.0000%1h1,712.6+5.523%$1.4M$265K5xas long as short
Bybit OPENAIUSDT0.0000%8h1,662.1+2.414%$754K$207K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,650.7+1.710%$5.1M$1.3M20xas long as short
Gate OPENAI_USDT0.0000%8h1,618.6−0.270%$52.4M$25.3M50xas long as short
Bitget OPENAIUSDT0.0000%8h1,623.5+0.031%$5.5M$5.0M20xas long as short
SunX OPENAI-USDT0.0000%8h1,623.3+0.022%$2.4M10xas long as short
Deribit OPENAI_USDC-PERPETUAL0.0000%1h1,622−0.056%$35xas long as short
HTX OPENAI-USDTlong0.0000%8h1,623long leg$79K$220K20x
Phemex OPENAIUSDT0.0000%8h1,621.3−0.099%$1.6M$545K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH OPENAI+0.0032%1h1,680.2+3.529%$2.7M$6.1M5xas long as short
Extended OPENAI-USD+0.0048%1h1,621.3−0.101%$141K$737K10xas long as short
Aster OPENAIUSDTshort+0.0050%8h1,628.2+0.323%$212K$3K20x
Binance OPENAIUSDT+0.0050%8h1,621.7−0.077%$22.9M$17.9M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,621.7−0.077%$13.0M$3.2M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,625.3+0.147%$375K$68K20xas long as short
Variational Omni OPENAI+0.0050%8h1,622.4−0.032%$2.6M$766Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,622.3−0.043%$2K$153K10xas long as short
BloFin OPENAI-USDT+0.0056%8h1,621.4−0.094%$474K$286K20xas long as short
Coinbase International OPENAI-PERP-INTX+0.0056%1h1,626+0.189%$227K$161K5xas long as short
Aevo OPENAI-PERP+0.0104%1h1,621.8−0.068%10xas long as short
Entropy io:OAI+0.0146%1h1,674.4+3.170%$7.7M$2.3M6xas long as short