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

OPENAI

RWAall OPENAI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0008%/8h= +0.9% APRpaid last 24h +0.190%
Price spread now: Lighter against HTX+5.583%7-day average · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs+$477as in the Price arb table
costs, in and out, $10k−$810.809% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.191%+$19 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 5.583% dearer against HTX than usual: you sell high and buy low, +$558 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX OPENAI-USDT1,620.20get 0.0000% / 8h7h 36m$79K$225K20x
ShortLighter OPENAI1,710.70.0008get 0.0001% / 1h36m 18s$1.4M$274K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against HTX. 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: +5.583% → 0.000%
$558.26
Slippage, 4 orders
−$68.85
Fee HTX: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
$479.09
Costs to cover
0.809%
Break-even
from the start
Slippage from HTX: live order book, 60 min ago; Lighter: live order book, 5 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 HTX live order book, 60 min ago3.37 bp14.1 bp −$1440.7 bp −$407doesn't fitdoesn't fit
Sell Lighter live order book, 5 min ago1.84 bp24.9 bp −$25109.7 bp −$1,097doesn'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
Deribit OPENAI_USDC-PERPETUAL−0.0060%1h1,620.4+0.008%$3K$3K5xas long as short
QFEX OPENAI-USD−0.0004%1h1,619−0.075%$1.2M$632K10xas long as short
Bybit OPENAIUSDT0.0000%8h1,658+2.331%$719K$278K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,648.9+1.770%$5.1M$1.3M20xas long as short
Gate OPENAI_USDT0.0000%8h1,617.9−0.146%$45.9M$9.9M50xas long as short
Bitget OPENAIUSDT0.0000%8h1,621.5+0.081%$5.4M$3.9M20xas long as short
SunX OPENAI-USDT0.0000%8h1,621.8+0.098%$2.3M10xas long as short
HTX OPENAI-USDTlong0.0000%8h1,620.2long leg$79K$225K20x
Phemex OPENAIUSDT0.0000%8h1,619.3−0.057%$1.6M$498K10xas long as short
Lighter OPENAIshort+0.0008%1h1,710.7+5.583%$1.4M$274K5x
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH OPENAI+0.0032%1h1,677.5+3.532%$2.7M$6.2M5xas long as short
BloFin OPENAI-USDT+0.0045%8h1,619.8−0.023%$476K$296K20xas long as short
Extended OPENAI-USD+0.0048%1h1,618.8−0.089%$142K$808K10xas long as short
Aster OPENAIUSDT+0.0050%8h1,621.6+0.083%$211K$3K20xas long as short
Binance OPENAIUSDT+0.0050%8h1,619.2−0.063%$22.9M$16.3M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,622.2+0.123%$6.6M$2.4M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,620.6+0.025%$373K$103K20xas long as short
Variational Omni OPENAI+0.0050%8h1,624.1+0.238%$2.6M$760Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,624+0.231%$2K$173K10xas long as short
Aevo OPENAI-PERP+0.0104%1h1,618.6−0.101%10xas long as short
Entropy io:OAI+0.0237%1h1,670.5+3.103%$7.6M$2.3M6xas long as short
Coinbase International OPENAI-PERP-INTX+0.0344%1h1,629+0.542%$236K$172K5xas long as short