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 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: Bitget against QFEX+0.141%7-day average −0.027% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1181.184% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.004%$0 on $10k
Price spread, last 7 days−0.177%−$18 · spread now +0.141%, 7d avg −0.027%
Together, before fees−0.173%−$17 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.168% dearer against QFEX than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.027%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX OPENAI-USD1,622.10get 0.0000% / 1h21m 21s$1.2M$358K10x
ShortBitget OPENAIUSDT1,624.40get 0.0000% / 8h2h 21m$5.5M$5.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against QFEX. 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: +0.141% → −0.027%
$16.78
Slippage, 4 orders
−$96.37
Fee QFEX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$101.59
Costs to cover
1.184%
Break-even
never at this rate
Slippage from QFEX: live order book, 5 min ago; Bitget: live order book, 2 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 QFEX live order book, 5 min ago3.67 bp10.6 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago1.51 bp18.6 bp −$1965.8 bp −$658doesn'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
Deribit OPENAI_USDC-PERPETUAL−0.3056%1h1,623+0.053%$35xas long as short
Lighter OPENAI0.0000%1h1,701.8+4.915%$1.4M$314K5xas long as short
Bybit OPENAIUSDT0.0000%8h1,669+2.889%$757K$225K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,655.7+2.072%$5.1M$1.4M20xas long as short
QFEX OPENAI-USDlong0.0000%1h1,622.1long leg$1.2M$358K10x
Gate OPENAI_USDT0.0000%8h1,619−0.192%$52.7M$48.5M50xas long as short
Bitget OPENAIUSDTshort0.0000%8h1,624.4+0.141%$5.5M$5.0M20x
SunX OPENAI-USDT0.0000%8h1,624.5+0.149%$2.6M10xas long as short
HTX OPENAI-USDT0.0000%8h1,622.3+0.014%$79K$211K20xas long as short
Phemex OPENAIUSDT0.0000%8h1,622.1+0.001%$1.6M$583K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH OPENAI+0.0032%1h1,665+2.646%$2.6M$6.3M5xas long as short
Extended OPENAI-USD+0.0048%1h1,622−0.008%$133K$656K10xas long as short
Aster OPENAIUSDT+0.0050%8h1,630.6+0.525%$212K$3K20xas long as short
Binance OPENAIUSDT+0.0050%8h1,622.4+0.020%$23.1M$21.2M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,623+0.054%$12.9M$3.1M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,640.2+1.119%$375K$66K20xas long as short
Variational Omni OPENAI+0.0050%8h1,636.3+0.875%$2.7M$659Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,626.9+0.298%$2K$154K10xas long as short
BloFin OPENAI-USDT+0.0067%8h1,626.3+0.258%$472K$292K20xas long as short
Entropy io:OAI+0.0083%1h1,667.3+2.787%$7.3M$2.2M6xas long as short
Aevo OPENAI-PERP+0.0104%1h1,622.2+0.006%10xas long as short
Coinbase International OPENAI-PERP-INTX+0.1080%1h1,633.9+0.729%$237K$107K5xas long as short