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

OPENAI

RWAall OPENAI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0014%/8h= +1.5% APRpaid last 24h −0.002%
Price spread now: BloFin against Extended+0.073%54s7-day average +0.041% · 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+0.006%+$1 on $10k
Price spread, last 4 days (all we have)+0.046%+$5 · spread now +0.073%, 7d avg +0.041%
Together, before fees+0.052%+ Points / potential airdropExtended: Active · farm board+$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.032% dearer against Extended than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.041%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended OPENAI-USD1,629.70.0048pay 0.0006% / 1h16m 19s$143K$808K10x
ShortBloFin OPENAI-USDT1,630.90.0062get 0.0062% / 8h6h 16m$481K$316K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$2.97
Price spread: +0.073% → +0.041%
$3.22
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$10.81
Costs to cover
0.170%
Break-even
32.5 days
Slippage unknown: Extended: live order book, 34 min ago; BloFin: live order book, 32 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 Extended live order book, 34 min ago4.30 bp36.8 bp −$37261.1 bp −$2,611doesn't fitdoesn't fit
Sell BloFin live order book, 32 min ago1.32 bp11.2 bp −$11doesn't fitdoesn't fitdoesn't fit

OPENAI on 22 exchanges

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−0.0010%1h1,630+0.016%$1.2M$648K10xas long as short
Lighter OPENAI0.0000%1h1,712.8+5.097%$1.4M$277K5xas long as short
Bybit OPENAIUSDT0.0000%8h1,666.4+2.252%$732K$285K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,657.3+1.693%$5.1M$1.2M20xas long as short
Gate OPENAI_USDT0.0000%8h1,627.9−0.114%$48.5M$13.9M50xas long as short
Bitget OPENAIUSDT0.0000%8h1,631+0.076%$5.4M$3.7M20xas long as short
SunX OPENAI-USDT0.0000%8h1,631.1+0.085%$1.8M10xas long as short
Deribit OPENAI_USDC-PERPETUAL0.0000%1h1,629.7−0.003%$3K$3K5xas long as short
HTX OPENAI-USDT0.0000%8h1,631+0.077%$79K$224K20xas long as short
Phemex OPENAIUSDT0.0000%8h1,629.5−0.014%$1.6M$500K10xas long as short
Show all 22 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH OPENAI+0.0032%1h1,678.8+3.013%$2.8M$6.3M5xas long as short
Extended OPENAI-USDlong+0.0048%1h1,629.7long leg$143K$808K10x
Aster OPENAIUSDT+0.0050%8h1,632.4+0.166%$213K$3K20xas long as short
Binance OPENAIUSDT+0.0050%8h1,630.2+0.030%$23.0M$16.9M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,632.7+0.181%$6.7M$2.5M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,633.5+0.234%$377K$196K20xas long as short
Variational Omni OPENAI+0.0050%8h1,631.3+0.100%$2.6M$770Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,630.4+0.043%$2K$169K10xas long as short
BloFin OPENAI-USDTshort+0.0062%8h1,630.9+0.073%$481K$316K20x
Aevo OPENAI-PERP+0.0104%1h1,629.2−0.029%10xas long as short
Entropy io:OAI+0.0168%1h1,671.1+2.539%$7.6M$2.4M6xas long as short
Coinbase International OPENAI-PERP-INTX+0.0720%1h1,633.5+0.229%$230K$175K5xas long as short