OPENAI

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: Aster against Bitget+0.365%7-day average +0.154% · you sell dearer than you buy

Net, funding: paid 7d − costs−$330as in the Funding arb table

Net, price: spread back to 7d avg − costs−$319as in the Price arb table

costs, in and out, $10k−$3403.403% of the position

Long on Bitget Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.105%+$11 on $10k

Price spread, last 4 days (all we have)−0.253%−$25 · spread now +0.365%, 7d avg +0.154%

Together, before fees−0.148%+ Points / potential airdropAster: Stage 5 · farm board−$15 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aster is 0.210% dearer against Bitget than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.154%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget OPENAIUSDT	1,630	0	get 0.0000% / 8h	7h 27m	$5.5M	$5.1M	20x
Short	Aster OPENAIUSDT	1,635.9	0.0050	get 0.0050% / 8h	7h 27m	$213K	$3K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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 BitgetbpFee AsterbpOrdersPrice spread, now +0.365%Rate

Funding earned: $10.5
Price spread: +0.365% → +0.154%: $21.03
Slippage, 4 orders: −$320.32
Fee Bitget: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$308.79
Costs to cover: 3.403%
Break-even: 212.9 days

Slippage from Bitget: live order book, 6 min ago; Aster: live order book, 44 min ago.

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 Bitget live order book, 6 min ago	1.14 bp	12.1 bp −$12	33.9 bp −$339	doesn't fit	doesn't fit
Sell Aster live order book, 44 min ago	34.76 bp	76.2 bp −$76	doesn't fit	doesn't fit	doesn't fit

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
Coinbase International OPENAI-PERP-INTX	−0.0024%	1h	1,630.5	+0.035%	$229K	$147K	5x	as long as short
QFEX OPENAI-USD	0.0000%	1h	1,629.4	−0.037%	$1.2M	$416K	10x	as long as short
Lighter OPENAI	0.0000%	1h	1,711.7	+5.013%	$1.4M	$283K	5x	as long as short
Bybit OPENAIUSDT	0.0000%	8h	1,671.9	+2.574%	$769K	$208K	25x	as long as short
OKX OPENAI-USDT-SWAP	0.0000%	8h	1,660.3	+1.861%	$5.1M	$1.3M	20x	as long as short
Gate OPENAI_USDT	0.0000%	8h	1,626.6	−0.205%	$52.7M	$39.2M	50x	as long as short
Bitget OPENAIUSDTlong	0.0000%	8h	1,630	long leg	$5.5M	$5.1M	20x
SunX OPENAI-USDT	0.0000%	8h	1,642.8	+0.788%	—	$2.6M	10x	as long as short
Deribit OPENAI_USDC-PERPETUAL	0.0000%	1h	1,628.2	−0.108%	—	$3	5x	as long as short
HTX OPENAI-USDT	0.0000%	8h	1,630.2	+0.015%	$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	1,629.6	−0.024%	$1.6M	$560K	10x	as long as short
BloFin OPENAI-USDT	+0.0026%	8h	1,629.2	−0.045%	$476K	$279K	20x	as long as short
Lighter RH OPENAI	+0.0032%	1h	1,683.7	+3.294%	$2.7M	$6.3M	5x	as long as short
Extended OPENAI-USD	+0.0048%	1h	1,629	−0.059%	$133K	$915K	10x	as long as short
Aster OPENAIUSDTshort	+0.0050%	8h	1,635.9	+0.365%	$213K	$3K	20x
Binance OPENAIUSDT	+0.0050%	8h	1,629.4	−0.037%	$23.1M	$18.9M	20x	as long as short
MEXC OPENAI_USDT	+0.0050%	8h	1,629.5	−0.026%	$13.1M	$3.2M	50x	as long as short
KuCoin OPENAIUSDTM	+0.0050%	8h	1,637.1	+0.437%	$379K	$65K	20x	as long as short
Variational Omni OPENAI	+0.0050%	8h	1,628.8	−0.071%	$2.6M	$753K	—	as long as short
GRVT OPENAI_USDT_Perp	+0.0050%	8h	1,627.7	−0.139%	$2K	$138K	10x	as long as short
Aevo OPENAI-PERP	+0.0104%	1h	1,629.2	−0.048%	—	—	10x	as long as short
Entropy io:OAI	+0.0111%	1h	1,675	+2.763%	$7.4M	$2.2M	6x	as long as short