Funding you earn now, next payment 11:00 UTC−0.0172%/8h= −18.8% APRpaid last 24h −0.041%
Price spread now: Variational Omni against Entropy−2.386%7-day average −5.136% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.211%−$21 on $10k
+Price spread, last 7 days−4.172%−$417 · spread now −2.386%, 7d avg −5.136%
=Together, before fees−4.382%+ Points / potential airdropVariational Omni: Active · farm board−$438 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 2.750% dearer against Entropy than usual: you sell high and buy low (spread −2.386% now, against its 7-day average of −5.136%): +$275 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 53 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Entropy io:OAI | 1,683.7 | 0.0222 | pay 0.0028% / 1h | 1m 52s | $7.8M | $2.5M | 6x |
| Short | Variational Omni OPENAI | 1,643.5 | 0.0050 | get 0.0050% / 8h | 5h 01m | $2.6M | $773K | — |
Entropy io:OAI
Variational Omni OPENAIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Entropy. 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
- −$36.08
- Price spread: −2.386% → −5.136%
- $275.03
- Slippage, 4 orders
- no order book: not counted
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $220.95
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: Entropy: live order book, 8 min ago; Variational Omni: RFQ quote, just now. 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 Entropy live order book, 8 min ago | 0.89 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, just now | 3.44 bp | doesn't fit | 70.8 bp −$708 | doesn't fit | doesn't fit |
OPENAI on 22 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX OPENAI-USD | −0.0003% | 1h | 1,646.2 | −2.230% | $1.2M | $682K | 10x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,681.2 | −0.150% | $721K | $289K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,670.5 | −0.784% | $5.1M | $1.2M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,643.7 | −2.377% | $50.3M | $17.1M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,647.2 | −2.167% | $5.6M | $3.6M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,645 | −2.299% | — | $1.6M | 10x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,644.6 | −2.325% | $80K | $174K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,645.1 | −2.296% | $1.6M | $508K | 10x | as long as short |
| Lighter OPENAI | +0.0008% | 1h | 1,727.2 | +2.582% | $1.4M | $277K | 5x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,694.5 | +0.640% | $2.8M | $6.4M | 5x | as long as short |
QFEX OPENAI-USD
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
HTX OPENAI-USDT
Phemex OPENAIUSDT
Lighter OPENAI
Lighter RH OPENAIShow all 22 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended OPENAI-USD | +0.0048% | 1h | 1,644.8 | −2.311% | $143K | $810K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,650.7 | −1.960% | $215K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,648.2 | −2.111% | $23.3M | $17.9M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,645 | −2.300% | $6.7M | $2.5M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,652 | −1.880% | $384K | $279K | 20x | as long as short |
| Variational Omni OPENAIshort | +0.0050% | 8h | 1,643.5 | −2.386% | $2.6M | $773K | — | |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,642.3 | −2.456% | $2K | $171K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0055% | 8h | 1,643.7 | −2.374% | $488K | $326K | 20x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,644.5 | −2.328% | — | — | 10x | as long as short |
| Entropy io:OAIlong | +0.0222% | 1h | 1,683.7 | long leg | $7.8M | $2.5M | 6x | |
| Coinbase International OPENAI-PERP-INTX | +0.0712% | 1h | 1,649.1 | −2.055% | $232K | $176K | 5x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | +0.2302% | 1h | 1,644.1 | −2.354% | $3K | $3K | 5x | as long as short |
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
GRVT OPENAI_USDT_Perp
BloFin OPENAI-USDT
Aevo OPENAI-PERP
Coinbase International OPENAI-PERP-INTX
Deribit OPENAI_USDC-PERPETUAL