Funding you earn now, next payment 00:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.50 per $10,000 · paid last 24h −0.015%
Price spread now: Gate against Variational Omni−0.142%7-day average −0.138% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.045%−$5 on $10k
+Price spread, last 7 days−0.134%−$13 · spread now −0.142%, 7d avg −0.138%
=Together, before fees−0.179%+ Points / potential airdropVariational Omni: Active · farm board−$18 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.138%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni OPENAI | 1,621.2 | 0.0050 | pay 0.0050% / 8h | 52m 42s | $2.6M | $753K | — |
| Short | Gate OPENAI_USDT | 1,618.9 | 0 | get 0.0000% / 8h | 52m 42s | $52.6M | $39.4M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.142% → −0.138%
- −$0.42
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$25.92
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Gate: live order book, 1 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 | 1.85 bp | doesn't fit | 122.1 bp −$1,221 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 2.69 bp | 12.2 bp −$12 | 269.9 bp −$2,699 | 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 | 1,623.6 | +0.146% | $236K | $142K | 5x | as long as short |
| QFEX OPENAI-USD | −0.0010% | 1h | 1,622.3 | +0.068% | $1.2M | $387K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,699 | +4.795% | $1.4M | $286K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,668.5 | +2.917% | $764K | $223K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,652.9 | +1.955% | $5.1M | $1.4M | 20x | as long as short |
| Gate OPENAI_USDTshort | 0.0000% | 8h | 1,618.9 | −0.142% | $52.6M | $39.4M | 50x | |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,622.9 | +0.106% | $5.5M | $5.1M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,622.7 | +0.092% | — | $2.6M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,623.7 | +0.154% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,622.1 | +0.056% | $79K | $213K | 20x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,621.5 | +0.018% | $1.6M | $562K | 10x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,670.8 | +3.061% | $2.6M | $6.2M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,621.8 | +0.034% | $131K | $667K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,627.4 | +0.380% | $212K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,622.2 | +0.063% | $23.1M | $18.9M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,621.8 | +0.036% | $13.0M | $3.1M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,627.7 | +0.401% | $376K | $65K | 20x | as long as short |
| Variational Omni OPENAIlong | +0.0050% | 8h | 1,621.2 | long leg | $2.6M | $753K | — | |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,620 | −0.077% | $2K | $147K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0059% | 8h | 1,621.8 | +0.034% | $470K | $275K | 20x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,622.1 | +0.055% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0177% | 1h | 1,662.2 | +2.528% | $7.3M | $2.2M | 6x | as long as short |
Variational Omni OPENAI
Gate OPENAI_USDT
Coinbase International OPENAI-PERP-INTX
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Bitget OPENAIUSDT
SunX OPENAI-USDT
Deribit OPENAI_USDC-PERPETUAL
HTX OPENAI-USDT
Phemex OPENAIUSDT
Lighter RH OPENAI
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
GRVT OPENAI_USDT_Perp
BloFin OPENAI-USDT