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

OPENAI

RWAall OPENAI markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h +0.001%
Price spread now: Aster against Extended+0.342%7-day average +0.158% · you sell dearer than you buy
Net, funding: paid 7d − costs−$538as in the Funding arb table
Net, price: spread back to 7d avg − costs−$520as in the Price arb table
costs, in and out, $10k−$5385.382% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.004%$0 on $10k
Price spread, last 4 days (all we have)−0.290%−$29 · spread now +0.342%, 7d avg +0.158%
Together, before fees−0.286%+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm board−$29 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.184% dearer against Extended than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of +0.158%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended OPENAI-USD1,622.60.0048pay 0.0006% / 1h44m 04s$131K$667K10x
ShortAster OPENAIUSDT1,628.10.0050get 0.0050% / 8h44m 04s$212K$3K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Extended. 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
$0.42
Price spread: +0.342% → +0.158%
$18.39
Slippage, 4 orders
−$525.2
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Aster: 4 bp × 2 orders
−$8
Net
−$519.39
Costs to cover
5.382%
Break-even
8663.5 days
Slippage from Extended: live order book, 34 min ago; Aster: live order book, 32 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 34 min ago3.40 bp40.5 bp −$41270.8 bp −$2,708doesn't fitdoesn't fit
Sell Aster live order book, 32 min ago58.23 bp95.4 bp −$95doesn'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
Coinbase International OPENAI-PERP-INTX−0.0168%1h1,625.7+0.190%$236K$143K5xas long as short
QFEX OPENAI-USD−0.0010%1h1,622.8+0.015%$1.2M$387K10xas long as short
Lighter OPENAI0.0000%1h1,702.5+4.922%$1.4M$286K5xas long as short
Bybit OPENAIUSDT0.0000%8h1,669.6+2.899%$764K$222K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,654.3+1.954%$5.1M$1.4M20xas long as short
Gate OPENAI_USDT0.0000%8h1,621.3−0.080%$52.7M$39.4M50xas long as short
Bitget OPENAIUSDT0.0000%8h1,625.4+0.170%$5.5M$5.1M20xas long as short
SunX OPENAI-USDT0.0000%8h1,623.7+0.068%$2.6M10xas long as short
Deribit OPENAI_USDC-PERPETUAL0.0000%1h1,624.2+0.100%$35xas long as short
HTX OPENAI-USDT0.0000%8h1,623.4+0.050%$79K$213K20xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex OPENAIUSDT0.0000%8h1,623.9+0.082%$1.6M$560K10xas long as short
Lighter RH OPENAI+0.0032%1h1,675.1+3.236%$2.6M$6.2M5xas long as short
Extended OPENAI-USDlong+0.0048%1h1,622.6long leg$131K$667K10x
Aster OPENAIUSDTshort+0.0050%8h1,628.1+0.342%$212K$3K20x
Binance OPENAIUSDT+0.0050%8h1,624.2+0.099%$23.1M$18.8M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,623.3+0.044%$13.0M$3.1M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,627.7+0.315%$376K$64K20xas long as short
Variational Omni OPENAI+0.0050%8h1,623+0.027%$2.6M$753Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,621.3−0.080%$2K$142K10xas long as short
BloFin OPENAI-USDT+0.0074%8h1,623.2+0.035%$470K$275K20xas long as short
Aevo OPENAI-PERP+0.0104%1h1,622.9+0.022%10xas long as short
Entropy io:OAI+0.0218%1h1,664.6+2.589%$7.4M$2.2M6xas long as short