Funding arb · Price arb /

OPENAI

RWAall OPENAI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Aster against Variational Omni+0.252%7-day average +0.155% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Aster

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.468%−$47 · spread now +0.252%, 7d avg +0.155%

Together, before fees−0.468%+ Points / potential airdropVariational Omni: Active · Aster: Stage 5 · farm board−$47 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: Aster is 0.097% dearer against Variational Omni than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.155%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni OPENAI	1,634.6	0.0050	pay 0.0050% / 8h	6m 09s	$2.6M	$751K	—
Short	Aster OPENAIUSDT	1,638.7	0.0050	get 0.0050% / 8h	6m 09s	$214K	$3K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Variational OmnibpFee AsterbpOrdersPrice spread, now +0.252%Rate

Funding earned: $0
Price spread: +0.252% → +0.155%: $9.69
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Aster: 4 bp × 2 orders: −$8
Net: $1.69
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Aster: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Variational Omni RFQ quote, 3 min ago	3.31 bp	doesn't fit	119.3 bp −$1,193	doesn't fit	doesn't fit
Sell Aster live order book, 5 min ago	34.76 bp	76.2 bp −$76	doesn't fit	doesn't fit	doesn't fit

OPENAI on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International OPENAI-PERP-INTX	−0.0168%	1h	1,634.9	+0.018%	$236K	$149K	5x	as long as short
QFEX OPENAI-USD	−0.0010%	1h	1,634.1	−0.029%	$1.2M	$387K	10x	as long as short
Lighter OPENAI	0.0000%	1h	1,712.8	+4.786%	$1.4M	$287K	5x	as long as short
Bybit OPENAIUSDT	0.0000%	8h	1,677	+2.596%	$772K	$210K	25x	as long as short
OKX OPENAI-USDT-SWAP	0.0000%	8h	1,663.1	+1.745%	$5.1M	$1.4M	20x	as long as short
Gate OPENAI_USDT	0.0000%	8h	1,632.2	−0.143%	$52.8M	$39.6M	50x	as long as short
Bitget OPENAIUSDT	0.0000%	8h	1,636	+0.088%	$5.5M	$5.1M	20x	as long as short
SunX OPENAI-USDT	0.0000%	8h	1,634.6	+0.002%	—	$2.6M	10x	as long as short
HTX OPENAI-USDT	0.0000%	8h	1,633.4	−0.069%	$79K	$214K	20x	as long as short
Phemex OPENAIUSDT	0.0000%	8h	1,634.6	+0.002%	$1.6M	$559K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH OPENAI	+0.0032%	1h	1,684.6	+3.059%	$2.7M	$6.4M	5x	as long as short
BloFin OPENAI-USDT	+0.0038%	8h	1,633.4	−0.069%	$474K	$279K	20x	as long as short
Extended OPENAI-USD	+0.0048%	1h	1,633.7	−0.051%	$132K	$667K	10x	as long as short
Aster OPENAIUSDTshort	+0.0050%	8h	1,638.7	+0.252%	$214K	$3K	20x
Binance OPENAIUSDT	+0.0050%	8h	1,634	−0.035%	$23.2M	$18.8M	20x	as long as short
MEXC OPENAI_USDT	+0.0050%	8h	1,634.6	0.000%	$13.2M	$3.2M	50x	as long as short
KuCoin OPENAIUSDTM	+0.0050%	8h	1,636.8	+0.133%	$378K	$64K	20x	as long as short
Variational Omni OPENAIlong	+0.0050%	8h	1,634.6	long leg	$2.6M	$751K	—
GRVT OPENAI_USDT_Perp	+0.0050%	8h	1,631.9	−0.166%	$2K	$140K	10x	as long as short
Aevo OPENAI-PERP	+0.0104%	1h	1,634	−0.035%	—	—	10x	as long as short
Entropy io:OAI	+0.0243%	1h	1,675.2	+2.486%	$7.4M	$2.2M	6x	as long as short
Deribit OPENAI_USDC-PERPETUAL	+0.0298%	1h	1,634.8	+0.013%	—	$3	5x	as long as short