Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG1,424.6+0.00010.0000% / 1h46m 04s$286K$59K3xLong Ondo Perps5% off
SHORT1,447.5+0.0050get 0.0050% / 8h6h 46m$8.0M$3.2M20xShort Bitget
Price gap+1.607%
Funding gap+0.0049% /8h

Both sides work: funding pays +$1 a day on $10k, and the gap is 0.763% above its 7d average: +$76 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$8+0.0049% /8h now · paid +0.082% over the last 7D
Price+$76spread +1.607% now, avg +0.844% → +0.763% if it goes back
Costs−$1321.319% of $10k · taker + slippage, in and out
Result−$47−0.47%+ Points / potential airdropOndo Perps: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+1.607%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

OPENAI on 26 exchanges

lowest funding first

Before you open

2 ok · 4 to watch
  • Watch: Thin at this size15.1 / 8.4 bp
    At $10k entering Ondo Perps costs 15.1 bp, fee and slippage, 1.8× Bitget’s.
  • Note: Margin at max leverage$3,333 + $500
    Ondo Perps 3x, Bitget 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 8h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$1.48Long Ondo Perps: 24 payments, −$0.02; short Bitget: 3 payments, +$1.50.
  • OK: Entry gap works for you+1.607% vs +0.844%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$286K vs $8.0M OI
    Ondo Perps sets your exit cost. Check its book before closing.
  • OK: Points on a legOndo Perps points
    Volume here counts toward the points program.
  • Watch: KYCOndo Perps No · Bitget Yes
    KYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0039%/8h × 21 periods+$8.20
Price spread+1.607% → +0.844% (7d avg)+$76.31
Slippage, 4 orderslive order books−$114.92
Fee Ondo Perps bp × 2 orders−$5.00
Fee Bitget bp × 2 orders−$12.00
Net · 7 days · $10k−$47.41
Costs to cover1.319%Break-even47.5 days
Slippage: Ondo Perps: live order book, 11 min ago; Bitget: live order book, 6 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGOndo Perps10.5215.1 bp−$1596.1 bp−$961doesn’t fitdoesn’t fit
SELL · SHORTBitget0.558.4 bp−$811.0 bp−$11075.3 bp−$7,535doesn’t fit

Closing costs about the same again.

Alert

OPENAI news

posts that mention OPENAI or OpenAI, from every exchangeSearch all news →
10-24 19:20KalshiOtherJUST IN: UK partners with OpenAI, Anthropic, and Google to launch AI lab focused on preventing biological threats @Kalshi on X ↗
10-23 22:30Markets by KinetiqOtherOpenAI's pre-IPO price is down 10% this month while Anthropic's is down 7%. China's Moonshot says its Kimi K3.1 Pro matches Claude Opus 5.5 on Terminal-Bench for about a third of the cost. @Markets_xyz on X ↗
10-23 19:45KalshiOtherJUST IN: OpenAI to train frontier models without internet access @Kalshi on X ↗
10-23 12:45KalshiOtherJUST IN: Wall Street urges Anthropic and OpenAI to go public by the year's end @Kalshi on X ↗
10-22 20:22KalshiOtherJUST IN: OpenAI nears $30 billion funding round at $1.25 trillion valuation @Kalshi on X ↗
10-21 18:00KalshiOtherJUST IN: OpenAI to sell its frontier models, including GPT-6 Astra, and Codex through Google Cloud, per Reuters @Kalshi on X ↗