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

OPENAI

RWAall OPENAI markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h +0.203%
Price spread now: Extended against HTX−0.088%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1121.118% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.289%+$29 on $10k
Price spread, last 3 days (all we have)+0.111%+$11 · spread now −0.088%, 7d avg −0.015%
Together, before fees+0.400%+ Points / potential airdropExtended: Active · farm board+$40 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.073% cheaper against HTX than usual: you would sell low and buy high (spread −0.088% now, against its 7-day average of −0.015%). If the spread goes back, that is −$7 on $10k: about 5.1 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.289% in total) that is about 42 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX OPENAI-USDT1,629.70get 0.0000% / 8h7h 06m$79K$214K20x
ShortExtended OPENAI-USD1,628.30.0048get 0.0006% / 1h6m 11s$132K$716K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$10.08
Price spread: −0.088% → −0.015%
−$7.28
Slippage, 4 orders
−$94.84
Fee HTX: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$109.05
Costs to cover
1.118%
Break-even
82.7 days
Slippage from HTX: live order book, 65 min ago; Extended: live order book, 2 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, 65 min ago4.14 bp10.1 bp −$1054.7 bp −$547doesn't fitdoesn't fit
Sell Extended live order book, 2 min ago3.69 bp32.2 bp −$32244.2 bp −$2,442doesn'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
Coinbase International OPENAI-PERP-INTX−0.0024%1h1,628.8−0.055%$225K$150K5xas long as short
QFEX OPENAI-USD0.0000%1h1,628.7−0.064%$1.2M$415K10xas long as short
Lighter OPENAI0.0000%1h1,714.2+5.187%$1.4M$288K5xas long as short
Bybit OPENAIUSDT0.0000%8h1,669.8+2.461%$768K$207K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,659.1+1.804%$5.1M$1.3M20xas long as short
Gate OPENAI_USDT0.0000%8h1,626.3−0.209%$52.6M$39.2M50xas long as short
Bitget OPENAIUSDT0.0000%8h1,629.5−0.011%$5.5M$5.1M20xas long as short
SunX OPENAI-USDT0.0000%8h1,629.2−0.031%$2.5M10xas long as short
Deribit OPENAI_USDC-PERPETUAL0.0000%1h1,630+0.018%$35xas long as short
HTX OPENAI-USDTlong0.0000%8h1,629.7long leg$79K$214K20x
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex OPENAIUSDT0.0000%8h1,629.2−0.028%$1.6M$565K10xas long as short
Lighter RH OPENAI+0.0032%1h1,681.8+3.196%$2.7M$6.3M5xas long as short
Extended OPENAI-USDshort+0.0048%1h1,628.3−0.088%$132K$716K10x
Aster OPENAIUSDT+0.0050%8h1,636.1+0.395%$213K$3K20xas long as short
Binance OPENAIUSDT+0.0050%8h1,628.7−0.062%$23.1M$18.9M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,629.3−0.028%$13.1M$3.2M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,630.6+0.055%$377K$67K20xas long as short
Variational Omni OPENAI+0.0050%8h1,629−0.043%$2.6M$758Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,628.9−0.048%$2K$138K10xas long as short
BloFin OPENAI-USDT+0.0075%8h1,628.9−0.050%$475K$280K20xas long as short
Aevo OPENAI-PERP+0.0104%1h1,628.8−0.057%10xas long as short
Entropy io:OAI+0.0107%1h1,673.5+2.688%$7.4M$2.2M6xas long as short