Funding you earn now, next payment 16:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.50 per $10,000 · paid last 24h −0.015%
Price spread now: OKX against Variational Omni+1.497%7-day average +2.031% · 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)−0.055%−$6 on $10k
+Price spread, last 7 days+0.509%+$51 · spread now +1.497%, 7d avg +2.031%
=Together, before fees+0.454%+ Points / potential airdropVariational Omni: Active · farm board+$45 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and OKX is 0.534% cheaper against Variational Omni than usual: you would sell low and buy high (−$53 if the spread goes back to its 7-day average of +2.031%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni OPENAI | 1,624.1 | 0.0050 | pay 0.0050% / 8h | 7h 38m | $2.6M | $760K | — |
| Short | OKX OPENAI-USDT-SWAP | 1,648.4 | 0 | get 0.0000% / 8h | 7h 38m | $5.1M | $1.3M | 20x |
Variational Omni OPENAI
OKX OPENAI-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +1.497% → +2.031%
- −$53.38
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$73.88
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; OKX: live order book, 4 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 | 93.8 bp −$938 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 1.82 bp | 49.5 bp −$50 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit OPENAI_USDC-PERPETUAL | −0.0288% | 1h | 1,620.4 | −0.229% | $3K | $3K | 5x | as long as short |
| QFEX OPENAI-USD | −0.0004% | 1h | 1,620.2 | −0.239% | $1.2M | $632K | 10x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,658.7 | +2.131% | $720K | $278K | 25x | as long as short |
| OKX OPENAI-USDT-SWAPshort | 0.0000% | 8h | 1,648.4 | +1.497% | $5.1M | $1.3M | 20x | |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,618.8 | −0.328% | $45.9M | $9.9M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,622.6 | −0.094% | $5.4M | $3.9M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,622.3 | −0.110% | — | $2.3M | 10x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,625.6 | +0.092% | $79K | $225K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,621.4 | −0.168% | $1.6M | $498K | 10x | as long as short |
| Lighter OPENAI | +0.0008% | 1h | 1,712.3 | +5.434% | $1.4M | $274K | 5x | as long as short |
Deribit OPENAI_USDC-PERPETUAL
QFEX OPENAI-USD
Bybit OPENAIUSDT
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
HTX OPENAI-USDT
Phemex OPENAIUSDT
Lighter OPENAIShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin OPENAI-USDT | +0.0030% | 8h | 1,622 | −0.130% | $474K | $296K | 20x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,679.4 | +3.404% | $2.7M | $6.2M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,620.6 | −0.215% | $141K | $804K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,623.6 | −0.029% | $212K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,621.1 | −0.185% | $22.9M | $16.3M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,622.6 | −0.092% | $6.6M | $2.4M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,621.9 | −0.134% | $374K | $101K | 20x | as long as short |
| Variational Omni OPENAIlong | +0.0050% | 8h | 1,624.1 | long leg | $2.6M | $760K | — | |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,625.4 | +0.079% | $2K | $176K | 10x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,620.3 | −0.232% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0252% | 1h | 1,670.9 | +2.883% | $7.6M | $2.3M | 6x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0344% | 1h | 1,629 | +0.303% | $236K | $172K | 5x | as long as short |
BloFin OPENAI-USDT
Lighter RH OPENAI
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
GRVT OPENAI_USDT_Perp
Aevo OPENAI-PERP
Entropy io:OAI
Coinbase International OPENAI-PERP-INTX