Funding arb · Price arb /

OPENAI

RWAall OPENAI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0054%/8h= −5.9% APRpaid last 24h —

Price spread now: Aster against Aevo+0.518%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.518% dearer against Aevo than usual: you sell high and buy low (spread +0.518% now, against zero (this spread has no 7-day history yet)): +$52 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 32 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo OPENAI-PERP	1,614.6	0.0104	pay 0.0013% / 1h	19m 47s	—	—	10x
Short	Aster OPENAIUSDT	1,623	0.0050	get 0.0050% / 8h	1h 19m	$211K	$3K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

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

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

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 AevobpFee AsterbpOrdersPrice spread, now +0.518%Rate

Funding earned: −$11.34
Price spread: +0.518% → 0.000%: $51.83
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Aster: 4 bp × 2 orders: −$8
Net: $16.49
Costs to cover: 0.240%
Break-even: from the start

Slippage unknown: Aevo: no order-book sample; Aster: live order book, 22 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 Aevo no order-book sample	—	—	—	—	—
Sell Aster live order book, 22 min ago	39.60 bp	74.5 bp −$75	doesn't fit	doesn't fit	doesn't fit

Aevo: 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	−0.0002%	1h	1,614.4	−0.013%	$1.2M	$618K	10x	as long as short
Lighter OPENAI	0.0000%	1h	1,712.1	+6.037%	$1.4M	$264K	5x	as long as short
Bybit OPENAIUSDT	0.0000%	8h	1,662.9	+2.992%	$756K	$205K	25x	as long as short
OKX OPENAI-USDT-SWAP	0.0000%	8h	1,650.7	+2.236%	$5.1M	$1.3M	20x	as long as short
Gate OPENAI_USDT	0.0000%	8h	1,614.3	−0.021%	$52.3M	$18.1M	50x	as long as short
Bitget OPENAIUSDT	0.0000%	8h	1,622	+0.460%	$5.4M	$4.6M	20x	as long as short
SunX OPENAI-USDT	0.0000%	8h	1,616.4	+0.112%	—	$2.4M	10x	as long as short
Deribit OPENAI_USDC-PERPETUAL	0.0000%	1h	1,615.1	+0.028%	—	$3	5x	as long as short
HTX OPENAI-USDT	0.0000%	8h	1,615.2	+0.038%	$79K	$234K	20x	as long as short
Phemex OPENAIUSDT	0.0000%	8h	1,614.6	+0.001%	$1.6M	$509K	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	1,678.9	+3.980%	$2.7M	$6.1M	5x	as long as short
Coinbase International OPENAI-PERP-INTX	+0.0040%	1h	1,619	+0.270%	$225K	$161K	5x	as long as short
Extended OPENAI-USD	+0.0048%	1h	1,614.2	−0.025%	$144K	$581K	10x	as long as short
Aster OPENAIUSDTshort	+0.0050%	8h	1,623	+0.518%	$211K	$3K	20x
Binance OPENAIUSDT	+0.0050%	8h	1,619.2	+0.285%	$22.8M	$17.2M	20x	as long as short
MEXC OPENAI_USDT	+0.0050%	8h	1,620.9	+0.388%	$17.7M	$3.9M	50x	as long as short
KuCoin OPENAIUSDTM	+0.0050%	8h	1,620.5	+0.363%	$372K	$69K	20x	as long as short
Variational Omni OPENAI	+0.0050%	8h	1,614.1	−0.031%	$2.6M	$757K	—	as long as short
GRVT OPENAI_USDT_Perp	+0.0050%	8h	1,617.7	+0.195%	$2K	$179K	10x	as long as short
BloFin OPENAI-USDT	+0.0068%	8h	1,614.2	−0.027%	$473K	$289K	20x	as long as short
Aevo OPENAI-PERPlong	+0.0104%	1h	1,614.6	long leg	—	—	10x
Entropy io:OAI	+0.0147%	1h	1,669.9	+3.425%	$7.7M	$2.3M	6x	as long as short