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

OPENAI

RWAall OPENAI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0269%/8h= +29.4% APRpaid last 24h +0.247%
Price spread now: Entropy against HTX+2.750%7-day average +4.307% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.776%+$78 on $10k
Price spread, last 4 days (all we have)+2.444%+$244 · spread now +2.750%, 7d avg +4.307%
Together, before fees+3.220%+$322 on $10k · with fees, hour by hour
Funding pays, the price is against you. Entropy is 1.557% cheaper against HTX than usual: you would sell low and buy high (spread +2.750% now, against its 7-day average of +4.307%). If the spread goes back, that is −$156 on $10k: about 19 days of funding at the current rate (+$8 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX OPENAI-USDT1,624.10get 0.0000% / 8h7h 47m$79K$225K20x
ShortEntropy io:OAI1,668.80.0269get 0.0034% / 1h47m 15s$7.6M$2.3M6x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Entropy 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
$56.48
Price spread: +2.750% → +4.307%
−$155.74
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Entropy: 9 bp × 2 orders
−$18
Net
−$129.27
Costs to cover
0.300%
Break-even
23.0 days
Slippage unknown: HTX: live order book, 49 min ago; Entropy: live order book, 10 min ago. Net counts fees only.

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, 49 min ago3.37 bp14.1 bp −$1440.7 bp −$407doesn't fitdoesn't fit
Sell Entropy live order book, 10 min ago1.50 bpdoesn't fitdoesn'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−0.0004%1h1,623.7−0.030%$1.2M$629K10xas long as short
Bybit OPENAIUSDT0.0000%8h1,660.5+2.241%$727K$274K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,651+1.654%$5.1M$1.3M20xas long as short
Gate OPENAI_USDT0.0000%8h1,621.1−0.185%$45.8M$9.5M50xas long as short
Bitget OPENAIUSDT0.0000%8h1,624.3+0.009%$5.4M$3.9M20xas long as short
SunX OPENAI-USDT0.0000%8h1,624−0.009%$2.3M10xas long as short
Deribit OPENAI_USDC-PERPETUAL0.0000%1h1,623.8−0.022%$35xas long as short
HTX OPENAI-USDTlong0.0000%8h1,624.1long leg$79K$225K20x
Phemex OPENAIUSDT0.0000%8h1,623.5−0.042%$1.6M$499K10xas long as short
Lighter OPENAI+0.0008%1h1,711.9+5.403%$1.4M$273K5xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH OPENAI+0.0032%1h1,679.8+3.425%$2.7M$6.1M5xas long as short
BloFin OPENAI-USDT+0.0046%8h1,623.1−0.063%$474K$296K20xas long as short
Extended OPENAI-USD+0.0048%1h1,623.3−0.052%$141K$804K10xas long as short
Aster OPENAIUSDT+0.0050%8h1,626.2+0.124%$212K$3K20xas long as short
Binance OPENAIUSDT+0.0050%8h1,623.7−0.026%$22.9M$16.4M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,625.5+0.084%$6.6M$2.4M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,623.9−0.015%$374K$92K20xas long as short
Variational Omni OPENAI+0.0050%8h1,624.4+0.016%$2.6M$760Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,624−0.008%$2K$176K10xas long as short
Aevo OPENAI-PERP+0.0104%1h1,623.5−0.041%10xas long as short
Entropy io:OAIshort+0.0269%1h1,668.8+2.750%$7.6M$2.3M6x
Coinbase International OPENAI-PERP-INTX+0.0344%1h1,629+0.299%$236K$172K5xas long as short