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−0.0002%/8h= −0.2% APRpaid last 24h −0.001%
Price spread now: Extended against MEXC−0.028%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$720.716% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.004%$0 on $10k
Price spread, last 4 days (all we have)−0.025%−$3 · spread now −0.028%, 7d avg −0.035%
Together, before fees−0.029%+ Points / potential airdropExtended: Active · farm board−$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC OPENAI_USDT1,620.50.0050pay 0.0050% / 8h3h 48m$13.0M$3.2M50x
ShortExtended OPENAI-USD1,6200.0048get 0.0006% / 1h48m 48s$141K$737K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against MEXC. 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
−$0.42
Price spread: −0.028% → −0.035%
$0.78
Slippage, 4 orders
−$66.58
Fee MEXC: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$71.22
Costs to cover
0.716%
Break-even
never at this rate
Slippage from MEXC: live order book, 4 min ago; Extended: live order book, 4 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 MEXC live order book, 4 min ago1.26 bp3.0 bp −$321.1 bp −$211doesn't fitdoesn't fit
Sell Extended live order book, 4 min ago4.01 bp33.0 bp −$33254.9 bp −$2,549doesn'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%1h1,620.7+0.012%$1.2M$559K10xas long as short
Lighter OPENAI0.0000%1h1,712+5.648%$1.4M$265K5xas long as short
Bybit OPENAIUSDT0.0000%8h1,663.5+2.659%$755K$207K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,650.7+1.867%$5.1M$1.3M20xas long as short
Gate OPENAI_USDT0.0000%8h1,617.3−0.194%$52.3M$25.3M50xas long as short
Bitget OPENAIUSDT0.0000%8h1,622.5+0.125%$5.5M$5.1M20xas long as short
SunX OPENAI-USDT0.0000%8h1,622.9+0.151%$2.4M10xas long as short
Deribit OPENAI_USDC-PERPETUAL0.0000%1h1,621.7+0.079%$35xas long as short
HTX OPENAI-USDT0.0000%8h1,622.3+0.114%$79K$221K20xas long as short
Phemex OPENAIUSDT0.0000%8h1,619.8−0.038%$1.6M$543K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH OPENAI+0.0032%1h1,679.5+3.641%$2.7M$6.2M5xas long as short
Extended OPENAI-USDshort+0.0048%1h1,620−0.028%$141K$737K10x
BloFin OPENAI-USDT+0.0049%8h1,620.4−0.002%$472K$286K20xas long as short
Aster OPENAIUSDT+0.0050%8h1,627.4+0.427%$212K$3K20xas long as short
Binance OPENAIUSDT+0.0050%8h1,620.5+0.002%$22.8M$17.8M20xas long as short
MEXC OPENAI_USDTlong+0.0050%8h1,620.5long leg$13.0M$3.2M50x
KuCoin OPENAIUSDTM+0.0050%8h1,625.3+0.301%$375K$68K20xas long as short
Variational Omni OPENAI+0.0050%8h1,620.4−0.003%$2.6M$766Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,621.5+0.063%$2K$155K10xas long as short
Coinbase International OPENAI-PERP-INTX+0.0056%1h1,622+0.097%$226K$162K5xas long as short
Aevo OPENAI-PERP+0.0104%1h1,620.4−0.004%10xas long as short
Entropy io:OAI+0.0154%1h1,674+3.305%$7.7M$2.3M6xas long as short