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 12:00 UTC+0.0123%/8h= +13.4% APRnext payment +$0.15 per $10,000 · paid last 24h +0.046%
Price spread now: Entropy against Lighter RH−0.261%7-day average −0.474% · 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+0.514%+$51 on $10k
Price spread, last 7 days−0.170%−$17 · spread now −0.261%, 7d avg −0.474%
Together, before fees+0.344%+ Points / potential airdropLighter RH: Points live · farm board+$34 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Entropy is 0.213% dearer against Lighter RH than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of −0.474%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH OPENAI1,690.30.0032pay 0.0004% / 1h30m 18s$2.8M$6.4M5x
ShortEntropy io:OAI1,685.90.0155get 0.0019% / 1h30m 18s$7.8M$2.6M6x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Entropy 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
$25.75
Price spread: −0.261% → −0.474%
$21.33
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Entropy: 9 bp × 2 orders
−$18
Net
$29.08
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: Lighter RH: live order book, 1 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 Lighter RH live order book, 1 min ago1.39 bp5.7 bp −$667.3 bp −$673doesn't fitdoesn't fit
Sell Entropy live order book, 10 min ago3.27 bp27.7 bp −$28doesn't fitdoesn't fitdoesn't fit

OPENAI on 22 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit OPENAI_USDC-PERPETUAL−0.0520%1h1,635.9−3.218%$3K$3K5xas long as short
QFEX OPENAI-USD−0.0001%1h1,636.2−3.202%$1.2M$709K10xas long as short
Bybit OPENAIUSDT0.0000%8h1,672.5−1.054%$719K$321K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,666−1.438%$5.2M$1.3M20xas long as short
Gate OPENAI_USDT0.0000%8h1,633.3−3.374%$51.9M$20.7M50xas long as short
Bitget OPENAIUSDT0.0000%8h1,639−3.037%$5.6M$3.8M20xas long as short
SunX OPENAI-USDT0.0000%8h1,638.5−3.065%$1.6M10xas long as short
HTX OPENAI-USDT0.0000%8h1,636−3.214%$80K$172K20xas long as short
Phemex OPENAIUSDT0.0000%8h1,636.4−3.188%$1.6M$510K10xas long as short
Lighter OPENAI+0.0032%1h1,723.7+1.974%$1.4M$274K5xas long as short
Show all 22 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH OPENAIlong+0.0032%1h1,690.3long leg$2.8M$6.4M5x
BloFin OPENAI-USDT+0.0036%8h1,635.1−3.269%$495K$347K20xas long as short
Extended OPENAI-USD+0.0048%1h1,635.5−3.242%$142K$1.1M10xas long as short
Aster OPENAIUSDT+0.0050%8h1,641.5−2.890%$214K$3K20xas long as short
Binance OPENAIUSDT+0.0050%8h1,636.1−3.205%$23.2M$19.6M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,636.4−3.188%$6.6M$2.5M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,641.1−2.910%$383K$336K20xas long as short
Variational Omni OPENAI+0.0050%8h1,635.5−3.242%$2.6M$774Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,634.3−3.316%$2K$178K10xas long as short
Aevo OPENAI-PERP+0.0104%1h1,636.3−3.195%10xas long as short
Entropy io:OAIshort+0.0155%1h1,685.9−0.261%$7.8M$2.6M6x
Coinbase International OPENAI-PERP-INTX+0.1008%1h1,638.3−3.075%$231K$177K5xas long as short