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

OPENAI

RWAall OPENAI markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRnext payment $0.50 per $10,000 · paid last 24h −0.015%
Price spread now: Gate against Binance−0.183%7-day average −0.174% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$750.752% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.105%−$11 on $10k
Price spread, last 2 days (all we have)−0.014%−$1 · spread now −0.183%, 7d avg −0.174%
Together, before fees−0.119%−$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.174%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance OPENAIUSDT1,622.70.0050pay 0.0050% / 8h6h 16m$22.9M$18.6M20x
ShortGate OPENAI_USDT1,619.80get 0.0000% / 8h6h 16m$52.4M$31.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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
−$10.5
Price spread: −0.183% → −0.174%
−$0.86
Slippage, 4 orders
−$50.22
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$86.58
Costs to cover
0.752%
Break-even
never at this rate
Slippage from Binance: live order book, 9 min ago; Gate: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 9 min ago1.11 bp15.0 bp −$1552.8 bp −$528doesn't fitdoesn't fit
Sell Gate live order book, 2 min ago1.45 bp14.5 bp −$14doesn't fitdoesn't fitdoesn't fit

OPENAI on 21 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
QFEX OPENAI-USD−0.0004%1h1,622.8+0.006%$1.2M$425K10xas long as short
Lighter OPENAI0.0000%1h1,704.2+5.022%$1.4M$280K5xas long as short
Bybit OPENAIUSDT0.0000%8h1,666.4+2.688%$764K$205K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,654.5+1.958%$5.1M$1.3M20xas long as short
Gate OPENAI_USDTshort0.0000%8h1,619.8−0.183%$52.4M$31.9M50x
Bitget OPENAIUSDT0.0000%8h1,624.7+0.122%$5.5M$5.1M20xas long as short
SunX OPENAI-USDT0.0000%8h1,624+0.078%$2.5M10xas long as short
Deribit OPENAI_USDC-PERPETUAL0.0000%1h1,623.2+0.028%$35xas long as short
HTX OPENAI-USDT0.0000%8h1,623.2+0.027%$79K$216K20xas long as short
Phemex OPENAIUSDT0.0000%8h1,622.6−0.005%$1.6M$557K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International OPENAI-PERP-INTX+0.0024%1h1,624+0.079%$222K$158K5xas long as short
Lighter RH OPENAI+0.0032%1h1,674.9+3.218%$2.6M$6.2M5xas long as short
Extended OPENAI-USD+0.0048%1h1,622.3−0.026%$131K$722K10xas long as short
Aster OPENAIUSDT+0.0050%8h1,628.8+0.374%$212K$3K20xas long as short
Binance OPENAIUSDTlong+0.0050%8h1,622.7long leg$22.9M$18.6M20x
MEXC OPENAI_USDT+0.0050%8h1,623.1+0.020%$13.1M$3.2M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,624.3+0.099%$375K$67K20xas long as short
Variational Omni OPENAI+0.0050%8h1,621.1−0.103%$2.6M$759Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,622.4−0.018%$2K$139K10xas long as short
Entropy io:OAI+0.0096%1h1,668+2.790%$7.4M$2.2M6xas long as short
Aevo OPENAI-PERP+0.0104%1h1,622.3−0.028%10xas long as short