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

OPENAI

RWAall OPENAI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0029%/8h= −3.2% APRnext payment $0.29 per $10,000 · paid last 24h −0.002%
Price spread now: KuCoin against BloFin+0.153%110s7-day average +0.068% · 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 days−0.010%−$1 on $10k
Price spread, last 3 days (all we have)−0.119%−$12 · spread now +0.153%, 7d avg +0.068%
Together, before fees−0.128%−$13 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.084% dearer against BloFin than usual: you sell high and buy low (spread +0.153% now, against its 7-day average of +0.068%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.6 days. At the pace of the last 7 days (−0.010% in total) that is about 2 months. The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin OPENAI-USDT1,629.10.0079pay 0.0079% / 8h6h 59m$475K$279K20x
ShortKuCoin OPENAIUSDTM1,631.60.0050get 0.0050% / 8h6h 59m$377K$67K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. 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
−$6.15
Price spread: +0.153% → +0.068%
$8.44
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$21.71
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 6 min ago; KuCoin: live order book, 52 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 BloFin live order book, 6 min ago0.28 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 52 min ago6.72 bp505.0 bp −$505doesn't fitdoesn't fitdoesn't fit

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
QFEX OPENAI-USD−0.0004%1h1,628.3−0.053%$1.2M$421K10xas long as short
Lighter OPENAI0.0000%1h1,714.5+5.240%$1.4M$280K5xas long as short
Bybit OPENAIUSDT0.0000%8h1,669.8+2.495%$767K$205K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,656.5+1.681%$5.1M$1.3M20xas long as short
Gate OPENAI_USDT0.0000%8h1,624.9−0.257%$52.6M$31.7M50xas long as short
Bitget OPENAIUSDT0.0000%8h1,628.6−0.029%$5.5M$5.1M20xas long as short
SunX OPENAI-USDT0.0000%8h1,628.7−0.025%$2.5M10xas long as short
Deribit OPENAI_USDC-PERPETUAL0.0000%1h1,629.7+0.038%$35xas long as short
HTX OPENAI-USDT0.0000%8h1,629.6+0.027%$79K$214K20xas long as short
Phemex OPENAIUSDT0.0000%8h1,627.8−0.081%$1.6M$562K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International OPENAI-PERP-INTX+0.0024%1h1,630.6+0.094%$226K$150K5xas long as short
Lighter RH OPENAI+0.0032%1h1,681.4+3.209%$2.7M$6.1M5xas long as short
Extended OPENAI-USD+0.0048%1h1,628−0.065%$132K$716K10xas long as short
Aster OPENAIUSDT+0.0050%8h1,635.7+0.404%$213K$3K20xas long as short
Binance OPENAIUSDT+0.0050%8h1,628.4−0.041%$23.1M$18.9M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,628.4−0.047%$13.1M$3.2M50xas long as short
KuCoin OPENAIUSDTMshort+0.0050%8h1,631.6+0.153%$377K$67K20x
Variational Omni OPENAI+0.0050%8h1,628.8−0.016%$2.6M$757Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,628.9−0.016%$2K$138K10xas long as short
BloFin OPENAI-USDTlong+0.0079%8h1,629.1long leg$475K$279K20x
Aevo OPENAI-PERP+0.0104%1h1,628.2−0.056%10xas long as short
Entropy io:OAI+0.0144%1h1,673.4+2.719%$7.4M$2.2M6xas long as short