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

OPENAI

RWAall OPENAI markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 06:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h +0.211%
Price spread now: Coinbase International against Extended+0.441%7-day average +0.486% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1081.076% of the position
Long on ExtendedShort on Coinbase International
What this pair did over the last
the charts below follow
Funding, last 7 days+0.719%+$72 on $10k
Price spread, last 4 days (all we have)+0.736%+$74 · spread now +0.441%, 7d avg +0.486%
Together, before fees+1.455%+ Points / potential airdropExtended: Active · farm board+$146 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: Coinbase International is 0.045% cheaper against Extended than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.486%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended OPENAI-USD1,617.90.0048pay 0.0006% / 1h51m 01s$141K$895K10x
ShortCoinbase International OPENAI-PERP-INTX1,6250.0040get 0.0005% / 1h51m 01s$226K$162K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
−$1.68
Price spread: +0.441% → +0.486%
−$4.49
Slippage, 4 orders
−$92.58
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$113.75
Costs to cover
1.076%
Break-even
never at this rate
Slippage from Extended: live order book, 57 min ago; Coinbase International: live order book, 57 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, 57 min ago4.03 bp34.8 bp −$35249.7 bp −$2,497doesn't fitdoesn't fit
Sell Coinbase International live order book, 57 min ago8.88 bp21.0 bp −$2156.4 bp −$564doesn'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
QFEX OPENAI-USD−0.0002%1h1,618+0.008%$1.2M$612K10xas long as short
Lighter OPENAI0.0000%1h1,712.5+5.847%$1.4M$264K5xas long as short
Bybit OPENAIUSDT0.0000%8h1,659.5+2.571%$753K$205K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,646.3+1.756%$5.1M$1.3M20xas long as short
Gate OPENAI_USDT0.0000%8h1,615.1−0.174%$52.3M$18.0M50xas long as short
Bitget OPENAIUSDT0.0000%8h1,619.1+0.076%$5.4M$4.7M20xas long as short
SunX OPENAI-USDT0.0000%8h1,618.8+0.056%—$2.4M10xas long as short
Deribit OPENAI_USDC-PERPETUAL0.0000%1h1,618.9+0.059%—$35xas long as short
HTX OPENAI-USDT0.0000%8h1,618.7+0.048%$79K$226K20xas long as short
Phemex OPENAIUSDT0.0000%8h1,617.7−0.014%$1.6M$514K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin OPENAI-USDT+0.0025%8h1,619.2+0.077%$472K$290K20xas long as short
Lighter RH OPENAI+0.0032%1h1,679.5+3.807%$2.7M$6.0M5xas long as short
Coinbase International OPENAI-PERP-INTXshort+0.0040%1h1,625+0.441%$226K$162K5x
Extended OPENAI-USDlong+0.0048%1h1,617.9long leg$141K$895K10x
Aster OPENAIUSDT+0.0050%8h1,621.4+0.215%$211K$3K20xas long as short
Binance OPENAIUSDT+0.0050%8h1,618.3+0.027%$22.8M$17.3M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,618.4+0.032%$13.0M$3.1M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,620.5+0.160%$372K$69K20xas long as short
Variational Omni OPENAI+0.0050%8h1,619+0.068%$2.6M$757K—as long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,619.3+0.084%$2K$175K10xas long as short
Aevo OPENAI-PERP+0.0104%1h1,618+0.005%——10xas long as short
Entropy io:OAI+0.0140%1h1,670.3+3.239%$7.7M$2.3M6xas long as short