OPENAI

Alert

Funding spread now, next payment 15:00 UTC+0.1286%/8h

next payment, per $10,000+$1.61paid, last 24h+0.049%paid, last 7 days+0.128%to open and close $10k−$136

Long on Entropy Short on Coinbase International

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.128% in total (about 6.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.61 per $10,000. 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	Entropy io:OAI	1,662.2	0.0258	pay 0.0032% / 1h	31m 01s	$7.5M	$1.1M	6x
Short	Coinbase International OPENAI-PERP-INTX	1,613.1	0.1544	get 0.0193% / 1h	31m 01s	$254K	$96K	5x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee EntropybpFee Coinbase InternationalbpOrdersRate

Funding earned: $270.05
Slippage, 4 orders: −$108.17
Fee Entropy: 9 bp × 2 orders: −$18
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $133.87
Break-even: 3.5 days

Slippage from Entropy: live order book, 7 min ago; Coinbase International: live order book, 18 min ago.

Price risk

price view

Price gap now: −2.955%
Avg gap 7d: −4.197%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Entropy live order book, 7 min ago	5.72 bp	33.5 bp −$34	doesn't fit	doesn't fit	doesn't fit
Sell Coinbase International live order book, 18 min ago	11.64 bp	32.6 bp −$33	58.0 bp −$580	doesn't fit	doesn't fit

OPENAI on 21 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
HTX OPENAI-USDT	−0.2169%	8h	$78K	$189K	20x	as long as short
QFEX OPENAI-USD	−0.0008%	1h	$1.2M	$388K	10x	as long as short
Bybit OPENAIUSDT	0.0000%	8h	$785K	$134K	25x	as long as short
OKX OPENAI-USDT-SWAP	0.0000%	8h	$5.1M	$1.0M	20x	as long as short
Gate OPENAI_USDT	0.0000%	8h	$51.7M	$68.5M	50x	as long as short
Bitget OPENAIUSDT	0.0000%	8h	$5.4M	$4.8M	20x	as long as short
SunX OPENAI-USDT	0.0000%	8h	—	$2.6M	10x	as long as short
Phemex OPENAIUSDT	0.0000%	8h	$1.6M	$592K	10x	as long as short
BloFin OPENAI-USDT	+0.0029%	8h	$482K	$233K	20x	as long as short
Lighter OPENAI	+0.0032%	1h	$1.4M	$254K	5x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Lighter RH OPENAI	+0.0032%	1h	$3.1M	$5.0M	5x	as long as short
Extended OPENAI-USD	+0.0048%	1h	$136K	$652K	10x	as long as short
Aster OPENAIUSDT	+0.0050%	8h	$209K	$2K	20x	as long as short
Binance OPENAIUSDT	+0.0050%	8h	$23.2M	$18.4M	20x	as long as short
MEXC OPENAI_USDT	+0.0050%	8h	$12.9M	$2.9M	50x	as long as short
KuCoin OPENAIUSDTM	+0.0050%	8h	$359K	$57K	20x	as long as short
Variational Omni OPENAI	+0.0050%	8h	$2.6M	$191K	—	as long as short
Aevo OPENAI-PERP	+0.0104%	1h	—	—	10x	as long as short
Entropy io:OAIlong	+0.0258%	1h	$7.5M	$1.1M	6x
Deribit OPENAI_USDC-PERPETUAL	+0.0422%	1h	—	$3	5x	as long as short
Coinbase International OPENAI-PERP-INTXshort	+0.1544%	1h	$254K	$96K	5x