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: Bitget against Variational Omni+0.165%7-day average −0.031% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.050%−$5 on $10k
+Price spread, last 7 days−0.236%−$24 · spread now +0.165%, 7d avg −0.031%
=Together, before fees−0.286%+ Points / potential airdropVariational Omni: Active · farm board−$29 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.197% dearer against Variational Omni than usual: you sell high and buy low (spread +0.165% now, against its 7-day average of −0.031%): +$20 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 13 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni OPENAI | 1,614.9 | 0.0050 | pay 0.0050% / 8h | 2h 23m | $2.6M | $757K | — |
| Short | Bitget OPENAIUSDT | 1,617.5 | 0 | get 0.0000% / 8h | 2h 23m | $5.4M | $5.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Variational Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
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: +0.165% → −0.031%
- $19.69
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$2.81
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Bitget: 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, 1 min ago | 3.40 bp | doesn't fit | 25.8 bp −$258 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 1.49 bp | 61.5 bp −$61 | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX OPENAI-USD | −0.0005% | 1h | 1,615.6 | +0.045% | $1.2M | $603K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,707.4 | +5.728% | $1.4M | $264K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,658 | +2.669% | $753K | $205K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,643.5 | +1.773% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,612.7 | −0.132% | $52.2M | $19.7M | 50x | as long as short |
| Bitget OPENAIUSDTshort | 0.0000% | 8h | 1,617.5 | +0.165% | $5.4M | $5.0M | 20x | |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,616.9 | +0.126% | — | $2.4M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,616.2 | +0.080% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,617.1 | +0.139% | $79K | $223K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,615.9 | +0.062% | $1.6M | $522K | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International OPENAI-PERP-INTX | +0.0016% | 1h | 1,620.9 | +0.375% | $226K | $161K | 5x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,674.5 | +3.695% | $2.6M | $6.2M | 5x | as long as short |
| BloFin OPENAI-USDT | +0.0046% | 8h | 1,614.9 | +0.003% | $471K | $287K | 20x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,615.4 | +0.032% | $142K | $893K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,620.4 | +0.342% | $211K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,615.8 | +0.060% | $22.8M | $17.3M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,615.7 | +0.051% | $13.0M | $3.1M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,617.9 | +0.188% | $374K | $70K | 20x | as long as short |
| Variational Omni OPENAIlong | +0.0050% | 8h | 1,614.9 | long leg | $2.6M | $757K | — | |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,614.7 | −0.008% | $2K | $169K | 10x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,615.6 | +0.044% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0119% | 1h | 1,665 | +3.104% | $7.6M | $2.3M | 6x | as long as short |
Variational Omni OPENAI
Bitget OPENAIUSDT
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
SunX OPENAI-USDT
Deribit OPENAI_USDC-PERPETUAL
HTX OPENAI-USDT
Phemex OPENAIUSDT
Coinbase International OPENAI-PERP-INTX
Lighter RH OPENAI
BloFin OPENAI-USDT
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
GRVT OPENAI_USDT_Perp