Settings8H · net · $10k
Funding arb · Price arb /

OPENAI

RWAall OPENAI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0054%/8h= −5.9% APRpaid last 24h
Price spread now: Binance against Aevo+0.025%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Binance is 0.025% dearer against Aevo than usual: you sell high and buy low (spread +0.025% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 36 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo OPENAI-PERP1,621.50.0104pay 0.0013% / 1h12m 47s10x
ShortBinance OPENAIUSDT1,621.90.0050get 0.0050% / 8h4h 12m$22.9M$17.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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

Funding earned
−$11.34
Price spread: +0.025% → 0.000%
$2.46
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Binance: 5 bp × 2 orders
−$10
Net
−$34.88
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Binance: live order book, 13 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell Binance live order book, 13 min ago1.11 bp16.7 bp −$1752.6 bp −$526doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International OPENAI-PERP-INTX−0.0024%1h1,624.9+0.214%$226K$161K5xas long as short
QFEX OPENAI-USD−0.0004%1h1,621.7+0.013%$1.2M$548K10xas long as short
Bybit OPENAIUSDT0.0000%8h1,663.6+2.596%$755K$207K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,652+1.883%$5.1M$1.3M20xas long as short
Gate OPENAI_USDT0.0000%8h1,618.6−0.178%$52.4M$28.1M50xas long as short
Bitget OPENAIUSDT0.0000%8h1,623.6+0.133%$5.5M$5.0M20xas long as short
SunX OPENAI-USDT0.0000%8h1,623.7+0.138%$2.4M10xas long as short
Deribit OPENAI_USDC-PERPETUAL0.0000%1h1,622.1+0.040%$35xas long as short
HTX OPENAI-USDT0.0000%8h1,621.7+0.011%$78K$219K20xas long as short
Phemex OPENAIUSDT0.0000%8h1,621.7+0.013%$1.6M$546K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter OPENAI+0.0008%1h1,713.5+5.674%$1.4M$266K5xas long as short
Lighter RH OPENAI+0.0032%1h1,680.5+3.639%$2.7M$6.2M5xas long as short
Extended OPENAI-USD+0.0048%1h1,621.3−0.011%$141K$740K10xas long as short
Aster OPENAIUSDT+0.0050%8h1,627.5+0.373%$212K$3K20xas long as short
Binance OPENAIUSDTshort+0.0050%8h1,621.9+0.025%$22.9M$17.9M20x
MEXC OPENAI_USDT+0.0050%8h1,622.2+0.044%$13.0M$3.2M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,625.3+0.238%$375K$70K20xas long as short
Variational Omni OPENAI+0.0050%8h1,622.2+0.043%$2.6M$766Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,623.1+0.103%$2K$150K10xas long as short
BloFin OPENAI-USDT+0.0051%8h1,621.6+0.011%$474K$286K20xas long as short
Aevo OPENAI-PERPlong+0.0104%1h1,621.5long leg10x
Entropy io:OAI+0.0240%1h1,675.3+3.320%$7.7M$2.3M6xas long as short