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

OPENAI

RWAall OPENAI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0005%/8h= +0.5% APRpaid last 24h +0.003%
Price spread now: BloFin against Lighter RH−3.446%91s7-day average −4.629% · you buy dearer than you sell
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+0.039%+$4 on $10k
Price spread, last 4 days (all we have)−2.369%−$237 · spread now −3.446%, 7d avg −4.629%
Together, before fees−2.330%+ Points / potential airdropLighter RH: Points live · farm board−$233 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 1.184% dearer against Lighter RH than usual: you sell high and buy low, +$118 on $10k if it goes back to its 7-day average of −4.629%. The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH OPENAI1,679.20.0032pay 0.0004% / 1h45m 18s$2.7M$6.2M5x
ShortBloFin OPENAI-USDT1,621.30.0037get 0.0037% / 8h3h 45m$473K$285K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Lighter RH. 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
$1.04
Price spread: −3.446% → −4.629%
$118.36
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
$107.4
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Lighter RH: live order book, 3 min ago; BloFin: live order book, 51 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 Lighter RH live order book, 3 min ago0.86 bp6.2 bp −$667.1 bp −$671doesn't fitdoesn't fit
Sell BloFin live order book, 51 min ago1.41 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−0.0001%1h1,621−3.464%$1.2M$560K10xas long as short
Lighter OPENAI0.0000%1h1,711.9+1.948%$1.4M$265K5xas long as short
Bybit OPENAIUSDT0.0000%8h1,663.6−0.931%$755K$207K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,650.5−1.709%$5.1M$1.3M20xas long as short
Gate OPENAI_USDT0.0000%8h1,617.8−3.657%$52.3M$25.3M50xas long as short
Bitget OPENAIUSDT0.0000%8h1,622.6−3.368%$5.5M$5.0M20xas long as short
SunX OPENAI-USDT0.0000%8h1,622.4−3.382%$2.4M10xas long as short
Deribit OPENAI_USDC-PERPETUAL0.0000%1h1,621−3.467%$35xas long as short
HTX OPENAI-USDT0.0000%8h1,621.6−3.427%$79K$221K20xas long as short
Phemex OPENAIUSDT0.0000%8h1,621.3−3.445%$1.6M$543K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH OPENAIlong+0.0032%1h1,679.2long leg$2.7M$6.2M5x
BloFin OPENAI-USDTshort+0.0037%8h1,621.3−3.446%$473K$285K20x
Extended OPENAI-USD+0.0048%1h1,620.6−3.491%$141K$737K10xas long as short
Aster OPENAIUSDT+0.0050%8h1,628.1−3.041%$212K$3K20xas long as short
Binance OPENAIUSDT+0.0050%8h1,621−3.464%$22.8M$17.7M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,621.1−3.461%$13.0M$3.2M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,625.3−3.207%$375K$68K20xas long as short
Variational Omni OPENAI+0.0050%8h1,620.9−3.471%$2.6M$766Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,621−3.467%$2K$155K10xas long as short
Coinbase International OPENAI-PERP-INTX+0.0056%1h1,622−3.405%$226K$162K5xas long as short
Aevo OPENAI-PERP+0.0104%1h1,620.8−3.479%10xas long as short
Entropy io:OAI+0.0138%1h1,673.4−0.345%$7.7M$2.3M6xas long as short