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 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Phemex−0.168%7-day average −0.176% · you buy dearer than you sell
Net, funding: paid 7d − costs−$167as in the Funding arb table
Net, price: spread back to 7d avg − costs−$166as in the Price arb table
costs, in and out, $10k−$1671.669% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.006%+$1 · spread now −0.168%, 7d avg −0.176%
Together, before fees+0.006%+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex OPENAIUSDT1,623.80get 0.0000% / 8h4h 40m$1.6M$545K10x
ShortGate OPENAI_USDT1,6210get 0.0000% / 8h4h 40m$52.4M$28.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Phemex. 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
Price spread: −0.168% → −0.176%
$0.81
Slippage, 4 orders
−$139.92
Fee Phemex: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$166.11
Costs to cover
1.669%
Break-even
never at this rate
Slippage from Phemex: live order book, 2 min ago; Gate: live order book, 3 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 Phemex live order book, 2 min ago5.02 bp69.8 bp −$70doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 3 min ago2.41 bp13.1 bp −$13444.3 bp −$4,443doesn'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%1h1,625.7+0.122%$226K$160K5xas long as short
QFEX OPENAI-USD−0.0004%1h1,623.4−0.020%$1.2M$536K10xas long as short
Lighter OPENAI0.0000%1h1,710.6+5.349%$1.4M$265K5xas long as short
Bybit OPENAIUSDT0.0000%8h1,662.1+2.361%$758K$205K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,653.2+1.813%$5.1M$1.3M20xas long as short
Gate OPENAI_USDTshort0.0000%8h1,621−0.168%$52.4M$28.1M50x
Bitget OPENAIUSDT0.0000%8h1,626.1+0.145%$5.5M$5.0M20xas long as short
SunX OPENAI-USDT0.0000%8h1,624.1+0.021%$2.4M10xas long as short
Deribit OPENAI_USDC-PERPETUAL0.0000%1h1,622.5−0.076%$35xas long as short
HTX OPENAI-USDT0.0000%8h1,625.3+0.094%$79K$218K20xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex OPENAIUSDTlong0.0000%8h1,623.8long leg$1.6M$545K10x
Lighter RH OPENAI+0.0032%1h1,678.1+3.345%$2.7M$6.2M5xas long as short
Extended OPENAI-USD+0.0048%1h1,623.4−0.025%$144K$736K10xas long as short
Aster OPENAIUSDT+0.0050%8h1,629.4+0.347%$212K$3K20xas long as short
Binance OPENAIUSDT+0.0050%8h1,623.7−0.001%$22.9M$17.9M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,624.4+0.041%$13.0M$3.2M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,625.1+0.083%$376K$69K20xas long as short
Variational Omni OPENAI+0.0050%8h1,624+0.015%$2.6M$766Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,620.8−0.185%$3K$146K10xas long as short
BloFin OPENAI-USDT+0.0054%8h1,622.4−0.081%$474K$281K20xas long as short
Aevo OPENAI-PERP+0.0104%1h1,623.2−0.032%10xas long as short
Entropy io:OAI+0.0178%1h1,668.5+2.755%$7.6M$2.3M6xas long as short