Funding arb · Price arb /

OPENAI

RWAall OPENAI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0054%/8h= +5.9% APRpaid last 24h —

Price spread now: Aevo against Aster−0.404%7-day average — · you buy dearer than you sell

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

Long on Aster Short on Aevo

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

Funding pays, the price is against you. Aevo is 0.404% cheaper against Aster than usual: you would sell low and buy high (spread −0.404% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$40 on $10k: about 25 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster OPENAIUSDT	1,634.5	0.0050	pay 0.0050% / 8h	7h 49m	$213K	$3K	20x
Short	Aevo OPENAI-PERP	1,627.9	0.0104	get 0.0013% / 1h	49m 04s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Aster. 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 AsterbpFee AevobpOrdersPrice spread, now −0.404%Rate

Funding earned: $11.34
Price spread: −0.404% → 0.000%: −$40.38
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$53.04
Costs to cover: 0.240%
Break-even: 39.7 days

Slippage unknown: Aster: live order book, 22 min ago; Aevo: no order-book sample. 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 Aster live order book, 22 min ago	34.76 bp	216.3 bp −$216	doesn't fit	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

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
Deribit OPENAI_USDC-PERPETUAL	−0.0074%	1h	1,627.8	−0.406%	—	$3	5x	as long as short
Coinbase International OPENAI-PERP-INTX	−0.0024%	1h	1,627.8	−0.406%	$230K	$152K	5x	as long as short
QFEX OPENAI-USD	0.0000%	1h	1,627.8	−0.405%	$1.2M	$386K	10x	as long as short
Lighter OPENAI	0.0000%	1h	1,709.8	+4.609%	$1.4M	$282K	5x	as long as short
Bybit OPENAIUSDT	0.0000%	8h	1,671.7	+2.278%	$770K	$209K	25x	as long as short
OKX OPENAI-USDT-SWAP	0.0000%	8h	1,660.3	+1.581%	$5.1M	$1.4M	20x	as long as short
Gate OPENAI_USDT	0.0000%	8h	1,624.8	−0.594%	$52.6M	$39.2M	50x	as long as short
Bitget OPENAIUSDT	0.0000%	8h	1,628	−0.392%	$5.5M	$5.1M	20x	as long as short
SunX OPENAI-USDT	0.0000%	8h	1,628.8	−0.346%	—	$2.6M	10x	as long as short
HTX OPENAI-USDT	0.0000%	8h	1,627.9	−0.402%	$79K	$214K	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	1,627.3	−0.439%	$1.6M	$561K	10x	as long as short
Lighter RH OPENAI	+0.0032%	1h	1,681.6	+2.883%	$2.7M	$6.2M	5x	as long as short
BloFin OPENAI-USDT	+0.0036%	8h	1,628.2	−0.385%	$473K	$278K	20x	as long as short
Extended OPENAI-USD	+0.0048%	1h	1,627.7	−0.410%	$134K	$715K	10x	as long as short
Aster OPENAIUSDTlong	+0.0050%	8h	1,634.5	long leg	$213K	$3K	20x
Binance OPENAIUSDT	+0.0050%	8h	1,627.9	−0.398%	$23.1M	$18.9M	20x	as long as short
MEXC OPENAI_USDT	+0.0050%	8h	1,627.5	−0.424%	$13.1M	$3.2M	50x	as long as short
KuCoin OPENAIUSDTM	+0.0050%	8h	1,637.1	+0.161%	$378K	$65K	20x	as long as short
Variational Omni OPENAI	+0.0050%	8h	1,626.8	−0.467%	$2.6M	$752K	—	as long as short
GRVT OPENAI_USDT_Perp	+0.0050%	8h	1,631.6	−0.174%	$2K	$139K	10x	as long as short
Entropy io:OAI	+0.0091%	1h	1,676.2	+2.554%	$7.4M	$2.2M	6x	as long as short
Aevo OPENAI-PERPshort	+0.0104%	1h	1,627.9	−0.404%	—	—	10x