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 UTC+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h +0.015%
Price spread now: Variational Omni against Phemex−0.015%7-day average −0.025% · 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 3 days (all we have)+0.050%+$5 on $10k
Price spread, last 4 days (all we have)−0.022%−$2 · spread now −0.015%, 7d avg −0.025%
Together, before fees+0.028%+ Points / potential airdropVariational Omni: Active · farm board+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.025%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex OPENAIUSDT1,623.90get 0.0000% / 8h4h 23m$1.6M$546K10x
ShortVariational Omni OPENAI1,623.60.0050get 0.0050% / 8h4h 23m$2.6M$766K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$10.5
Price spread: −0.015% → −0.025%
$0.94
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$0.56
Costs to cover
0.120%
Break-even
7.4 days
Slippage unknown: Phemex: live order book, 4 min ago; Variational Omni: RFQ quote, just now. 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 Phemex live order book, 4 min ago2.37 bp58.3 bp −$58doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, just now3.66 bpdoesn't fit82.8 bp −$828doesn'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%1h1,624.9+0.064%$226K$161K5xas long as short
QFEX OPENAI-USD−0.0004%1h1,623.9−0.002%$1.2M$545K10xas long as short
Bybit OPENAIUSDT0.0000%8h1,664+2.469%$755K$207K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,652.6+1.768%$5.1M$1.3M20xas long as short
Gate OPENAI_USDT0.0000%8h1,620.9−0.184%$52.4M$28.1M50xas long as short
Bitget OPENAIUSDT0.0000%8h1,625+0.068%$5.5M$5.0M20xas long as short
SunX OPENAI-USDT0.0000%8h1,624.9+0.062%$2.4M10xas long as short
Deribit OPENAI_USDC-PERPETUAL0.0000%1h1,624.1+0.010%$35xas long as short
HTX OPENAI-USDT0.0000%8h1,624.4+0.031%$79K$219K20xas long as short
Phemex OPENAIUSDTlong0.0000%8h1,623.9long leg$1.6M$546K10x
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter OPENAI+0.0008%1h1,714.9+5.606%$1.4M$266K5xas long as short
Lighter RH OPENAI+0.0032%1h1,682.1+3.582%$2.7M$6.2M5xas long as short
BloFin OPENAI-USDT+0.0036%8h1,624.8+0.058%$474K$284K20xas long as short
Extended OPENAI-USD+0.0048%1h1,623.9−0.001%$144K$736K10xas long as short
Aster OPENAIUSDT+0.0050%8h1,629.4+0.336%$212K$3K20xas long as short
Binance OPENAIUSDT+0.0050%8h1,624.3+0.025%$22.9M$17.9M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,624.3+0.023%$13.0M$3.2M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,625.3+0.089%$375K$70K20xas long as short
Variational Omni OPENAIshort+0.0050%8h1,623.6−0.015%$2.6M$766K
GRVT OPENAI_USDT_Perp+0.0050%8h1,625+0.068%$2K$149K10xas long as short
Aevo OPENAI-PERP+0.0104%1h1,623.8−0.008%10xas long as short
Entropy io:OAI+0.0270%1h1,675.8+3.197%$7.7M$2.3M6xas long as short