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

OPENAI

RWAall OPENAI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h
Price spread now: Gate against Aevo−0.227%7-day average · you buy dearer than you sell
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
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.227% cheaper against Aevo than usual: you would sell low and buy high (−$23 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo OPENAI-PERP1,636.80.0104pay 0.0013% / 1h30m 15s10x
ShortGate OPENAI_USDT1,633.10get 0.0000% / 8h3h 30m$53.1M$52.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$21.84
Price spread: −0.227% → 0.000%
−$22.67
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$75.51
Costs to cover
0.310%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Gate: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell Gate live order book, 4 min ago3.53 bp12.3 bp −$121121.2 bp −$11.2Kdoesn'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
Entropy io:OAI−0.0137%1h1,671.2+2.100%$7.4M$2.2M6xas long as short
Deribit OPENAI_USDC-PERPETUAL−0.0080%1h1,636.7−0.005%$35xas long as short
Lighter OPENAI0.0000%1h1,706.5+4.255%$1.4M$373K5xas long as short
Bybit OPENAIUSDT0.0000%8h1,677.9+2.510%$755K$221K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,663.1+1.606%$5.1M$1.4M20xas long as short
Gate OPENAI_USDTshort0.0000%8h1,633.1−0.227%$53.1M$52.0M50x
Bitget OPENAIUSDT0.0000%8h1,638.9+0.126%$5.5M$4.9M20xas long as short
SunX OPENAI-USDT0.0000%8h1,638+0.072%$2.6M10xas long as short
HTX OPENAI-USDT0.0000%8h1,638.8+0.118%$79K$211K20xas long as short
Phemex OPENAIUSDT0.0000%8h1,636.4−0.026%$1.6M$595K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX OPENAI-USD+0.0003%1h1,636.3−0.034%$1.2M$369K10xas long as short
Lighter RH OPENAI+0.0032%1h1,669.3+1.984%$2.6M$6.3M5xas long as short
Extended OPENAI-USD+0.0048%1h1,635.7−0.071%$136K$655K10xas long as short
BloFin OPENAI-USDT+0.0050%8h1,635−0.109%$476K$290K20xas long as short
Aster OPENAIUSDT+0.0050%8h1,635.9−0.057%$213K$3K20xas long as short
Binance OPENAIUSDT+0.0050%8h1,635.7−0.068%$23.4M$21.4M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,636.4−0.024%$13.0M$3.1M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,641.4+0.279%$376K$66K20xas long as short
Variational Omni OPENAI+0.0050%8h1,636.1−0.046%$2.7M$680Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,633.7−0.191%$2K$154K10xas long as short
Aevo OPENAI-PERPlong+0.0104%1h1,636.8long leg10x
Coinbase International OPENAI-PERP-INTX+0.1928%1h1,638.7+0.117%$238K$107K5xas long as short