Funding you earn now, next payment 19:00 UTC−0.2022%/8hpaid last 24h −0.214%
Price spread now: Variational Omni against Coinbase International−0.683%7-day average −0.522% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.619%−$62 on $10k
+Price spread, last 3 days (all we have)−0.512%−$51 · spread now −0.683%, 7d avg −0.522%
=Together, before fees−1.132%+ Points / potential airdropVariational Omni: Active · farm board−$113 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$61 a day on $10k at the current rate, and Variational Omni is 0.161% cheaper against Coinbase International than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.522%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.619% in total (about -71.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International OPENAI-PERP-INTX | 1,652.8 | 0.2072 | pay 0.0259% / 1h | 4m 31s | $245K | $100K | 5x |
| Short | Variational Omni OPENAI | 1,641.5 | 0.0050 | get 0.0050% / 8h | 4h 04m | $2.7M | $663K | — |
Coinbase International OPENAI-PERP-INTX
Variational Omni OPENAIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Coinbase International. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$424.62
- Price spread: −0.683% → −0.522%
- −$16.11
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$450.73
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 27 min ago; Variational Omni: RFQ quote, 4 min ago. 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 Coinbase International live order book, 27 min ago | 18.95 bp | 33.8 bp −$34 | 101.7 bp −$1,017 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 3.75 bp | doesn't fit | 77.6 bp −$776 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,686.6 | +2.041% | $760K | $217K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,671.2 | +1.111% | $5.2M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,637.5 | −0.928% | $53.3M | $54.2M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,643 | −0.597% | $5.6M | $4.8M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,642.8 | −0.607% | — | $2.6M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,643 | −0.593% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,642.9 | −0.601% | $79K | $210K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,640.1 | −0.774% | $1.6M | $592K | 10x | as long as short |
| Lighter OPENAI | +0.0008% | 1h | 1,718.8 | +3.991% | $1.4M | $355K | 5x | as long as short |
| QFEX OPENAI-USD | +0.0011% | 1h | 1,640.6 | −0.739% | $1.2M | $351K | 10x | as long as short |
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
Deribit OPENAI_USDC-PERPETUAL
HTX OPENAI-USDT
Phemex OPENAIUSDT
Lighter OPENAI
QFEX OPENAI-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH OPENAI | +0.0032% | 1h | 1,689.4 | +2.213% | $2.7M | $6.2M | 5x | as long as short |
| BloFin OPENAI-USDT | +0.0042% | 8h | 1,640.8 | −0.728% | $482K | $284K | 20x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,640.5 | −0.744% | $137K | $655K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,640.6 | −0.739% | $214K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,640.6 | −0.738% | $23.4M | $21.2M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,640.6 | −0.738% | $13.1M | $3.1M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,649.7 | −0.191% | $376K | $64K | 20x | as long as short |
| Variational Omni OPENAIshort | +0.0050% | 8h | 1,641.5 | −0.683% | $2.7M | $663K | — | |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,642.5 | −0.623% | $3K | $149K | 10x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,642.2 | −0.645% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0112% | 1h | 1,689.3 | +2.206% | $7.6M | $1.7M | 6x | as long as short |
| Coinbase International OPENAI-PERP-INTXlong | +0.2072% | 1h | 1,652.8 | long leg | $245K | $100K | 5x |
Lighter RH OPENAI
BloFin OPENAI-USDT
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
GRVT OPENAI_USDT_Perp
Aevo OPENAI-PERP
Entropy io:OAI