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

OPENAI

RWAall OPENAI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.188%
Price spread now: Bitget against HTX+0.001%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$142as in the Price arb table
costs, in and out, $10k−$1431.429% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.188%+$19 on $10k
Price spread, last 3 days (all we have)−0.067%−$7 · spread now +0.001%, 7d avg −0.004%
Together, before fees+0.122%+$12 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX OPENAI-USDT1,640.10get 0.0000% / 8h2h 29m$79K$210K20x
ShortBitget OPENAIUSDT1,640.10get 0.0000% / 8h2h 29m$5.5M$5.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$0
Price spread: +0.001% → −0.004%
$0.49
Slippage, 4 orders
−$118.91
Fee HTX: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$142.42
Costs to cover
1.429%
Break-even
never at this rate
Slippage from HTX: live order book, 56 min ago; Bitget: live order book, 3 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, 56 min ago0.03 bp23.7 bp −$24doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago2.59 bp49.8 bp −$50doesn'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
Lighter OPENAI0.0000%1h1,707.3+4.101%$1.4M$313K5xas long as short
Bybit OPENAIUSDT0.0000%8h1,680.2+2.444%$758K$222K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,667.6+1.679%$5.2M$1.4M20xas long as short
QFEX OPENAI-USD0.0000%1h1,639.5−0.034%$1.2M$360K10xas long as short
Gate OPENAI_USDT0.0000%8h1,636.6−0.215%$53.2M$48.5M50xas long as short
Bitget OPENAIUSDTshort0.0000%8h1,640.1+0.001%$5.5M$5.0M20x
SunX OPENAI-USDT0.0000%8h1,640.2+0.008%$2.6M10xas long as short
HTX OPENAI-USDTlong0.0000%8h1,640.1long leg$79K$210K20x
Phemex OPENAIUSDT0.0000%8h1,639.6−0.030%$1.6M$581K10xas long as short
Lighter RH OPENAI+0.0032%1h1,669.8+1.811%$2.6M$6.1M5xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended OPENAI-USD+0.0048%1h1,639.5−0.034%$134K$656K10xas long as short
Aster OPENAIUSDT+0.0050%8h1,639.8−0.019%$214K$3K20xas long as short
Binance OPENAIUSDT+0.0050%8h1,639.9−0.012%$23.4M$21.1M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,639.8−0.015%$13.0M$3.1M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,640.4+0.023%$375K$66K20xas long as short
Variational Omni OPENAI+0.0050%8h1,639.5−0.037%$2.7M$657Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,636.6−0.209%$2K$154K10xas long as short
BloFin OPENAI-USDT+0.0061%8h1,638.8−0.075%$476K$292K20xas long as short
Aevo OPENAI-PERP+0.0104%1h1,638.9−0.072%10xas long as short
Entropy io:OAI+0.0127%1h1,670.4+1.849%$7.3M$2.2M6xas long as short
Deribit OPENAI_USDC-PERPETUAL+0.0470%1h1,641.7+0.098%$35xas long as short
Coinbase International OPENAI-PERP-INTX+0.1080%1h1,643+0.178%$239K$108K5xas long as short