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 08:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h +0.014%
Price spread now: Extended against Gate+0.047%7-day average +0.143% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1051.052% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.101%+$10 on $10k
Price spread, last 4 days (all we have)−0.003%$0 · spread now +0.047%, 7d avg +0.143%
Together, before fees+0.098%+ Points / potential airdropExtended: Active · farm board+$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.096% cheaper against Gate than usual: you would sell low and buy high (spread +0.047% now, against its 7-day average of +0.143%). If the spread goes back, that is −$10 on $10k: about 6.7 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate OPENAI_USDT1,616.40get 0.0000% / 8h5m 15s$45.5M$14.1M50x
ShortExtended OPENAI-USD1,617.20.0048get 0.0006% / 1h5m 15s$142K$803K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Gate. 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
$10.08
Price spread: +0.047% → +0.143%
−$9.59
Slippage, 4 orders
−$85.24
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$104.75
Costs to cover
1.052%
Break-even
79.7 days
Slippage from Gate: live order book, 4 min ago; Extended: live order book, 33 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 Gate live order book, 4 min ago0.22 bp13.7 bp −$14227.2 bp −$2,272doesn't fitdoesn't fit
Sell Extended live order book, 33 min ago4.03 bp37.1 bp −$37277.6 bp −$2,776doesn'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−0.0005%1h1,617.4+0.061%$1.2M$628K10xas long as short
Lighter OPENAI0.0000%1h1,706.7+5.586%$1.4M$269K5xas long as short
Bybit OPENAIUSDT0.0000%8h1,656.4+2.476%$736K$269K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,645.1+1.776%$5.1M$1.3M20xas long as short
Gate OPENAI_USDTlong0.0000%8h1,616.4long leg$45.5M$14.1M50x
Bitget OPENAIUSDT0.0000%8h1,618.8+0.148%$5.4M$4.5M20xas long as short
SunX OPENAI-USDT0.0000%8h1,618+0.099%$2.4M10xas long as short
Deribit OPENAI_USDC-PERPETUAL0.0000%1h1,618.5+0.129%$35xas long as short
HTX OPENAI-USDT0.0000%8h1,617.9+0.090%$79K$225K20xas long as short
Phemex OPENAIUSDT0.0000%8h1,617.7+0.079%$1.6M$501K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH OPENAI+0.0032%1h1,673.7+3.544%$2.7M$6.2M5xas long as short
Extended OPENAI-USDshort+0.0048%1h1,617.2+0.047%$142K$803K10x
Aster OPENAIUSDT+0.0050%8h1,620.3+0.241%$211K$3K20xas long as short
Binance OPENAIUSDT+0.0050%8h1,617.6+0.074%$22.9M$16.7M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,617.9+0.090%$6.6M$5.0M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,617.1+0.043%$373K$74K20xas long as short
Variational Omni OPENAI+0.0050%8h1,617.3+0.056%$2.6M$760Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,616.6+0.012%$2K$176K10xas long as short
BloFin OPENAI-USDT+0.0054%8h1,617.8+0.088%$475K$295K20xas long as short
Coinbase International OPENAI-PERP-INTX+0.0072%1h1,623.7+0.454%$235K$174K5xas long as short
Aevo OPENAI-PERP+0.0104%1h1,617.6+0.072%10xas long as short
Entropy io:OAI+0.0123%1h1,665.1+3.013%$7.6M$2.3M6xas long as short