Funding you earn now, next payment 09:00 UTC+0.0108%/8h= +11.9% APRpaid last 24h —
Price spread now: Deribit against Variational Omni+0.032%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 21 hours (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Deribit is 0.032% dearer against Variational Omni than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni OPENAI | 1,624.4 | 0.0050 | pay 0.0050% / 8h | 7h 49m | $2.6M | $760K | — |
| Short | Deribit OPENAI_USDC-PERPETUAL | 1,624.9 | 0.0158 | get 0.0020% / 1h | 49m 44s | — | $3 | 5x |
Variational Omni OPENAI
Deribit OPENAI_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $22.74
- Price spread: +0.032% → 0.000%
- $3.22
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $18.96
- Costs to cover
- 0.070%
- Break-even
- 1.2 days
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Deribit: no order-book sample. 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, 4 min ago | 3.76 bp | doesn't fit | 77.7 bp −$777 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0004% | 1h | 1,623.6 | −0.048% | $1.2M | $628K | 10x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,661.6 | +2.292% | $728K | $274K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,649.9 | +1.570% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,620.7 | −0.226% | $45.7M | $9.3M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,624.4 | +0.002% | $5.4M | $3.9M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,624.5 | +0.006% | — | $2.3M | 10x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,624.3 | −0.008% | $79K | $225K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,622.5 | −0.115% | $1.6M | $499K | 10x | as long as short |
| Lighter OPENAI | +0.0008% | 1h | 1,711.8 | +5.380% | $1.4M | $273K | 5x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,679.7 | +3.405% | $2.7M | $6.1M | 5x | as long as short |
QFEX OPENAI-USD
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
HTX OPENAI-USDT
Phemex OPENAIUSDT
Lighter OPENAI
Lighter RH OPENAIShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended OPENAI-USD | +0.0048% | 1h | 1,623.3 | −0.070% | $141K | $808K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,626.1 | +0.108% | $212K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,623.7 | −0.043% | $22.9M | $16.5M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,625.8 | +0.084% | $6.6M | $2.4M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,624.1 | −0.018% | $374K | $91K | 20x | as long as short |
| Variational Omni OPENAIlong | +0.0050% | 8h | 1,624.4 | long leg | $2.6M | $760K | — | |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,621.9 | −0.153% | $2K | $176K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0071% | 8h | 1,624.3 | −0.004% | $476K | $297K | 20x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,623.3 | −0.068% | — | — | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUALshort | +0.0158% | 1h | 1,624.9 | +0.032% | — | $3 | 5x | |
| Entropy io:OAI | +0.0274% | 1h | 1,668.2 | +2.697% | $7.6M | $2.3M | 6x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0344% | 1h | 1,629 | +0.283% | $236K | $173K | 5x | as long as short |
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
GRVT OPENAI_USDT_Perp
BloFin OPENAI-USDT
Aevo OPENAI-PERP
Entropy io:OAI
Coinbase International OPENAI-PERP-INTX