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

OPENAI

RWAall OPENAI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.188%
Price spread now: OKX against HTX+1.645%7-day average +2.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1031.028% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.188%+$19 on $10k
Price spread, last 4 days (all we have)+0.354%+$35 · spread now +1.645%, 7d avg +2.002%
Together, before fees+0.542%+$54 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: OKX is 0.357% cheaper against HTX than usual: you would sell low and buy high, −$36 on $10k if it goes back to its 7-day average of +2.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX OPENAI-USDT1,6310get 0.0000% / 8h6h 16m$79K$224K20x
ShortOKX OPENAI-USDT-SWAP1,657.80get 0.0000% / 8h6h 16m$5.1M$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$0
Price spread: +1.645% → +2.002%
−$35.67
Slippage, 4 orders
−$80.84
Fee HTX: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$138.51
Costs to cover
1.028%
Break-even
never at this rate
Slippage from HTX: live order book, 32 min ago; OKX: live order book, 4 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, 32 min ago3.16 bp14.6 bp −$1540.6 bp −$406doesn't fitdoesn't fit
Sell OKX live order book, 4 min ago1.51 bp41.3 bp −$41doesn'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%1h1,630.6−0.025%$1.2M$648K10xas long as short
Lighter OPENAI0.0000%1h1,713.3+5.048%$1.4M$277K5xas long as short
Bybit OPENAIUSDT0.0000%8h1,666.7+2.193%$733K$285K25xas long as short
OKX OPENAI-USDT-SWAPshort0.0000%8h1,657.8+1.645%$5.1M$1.2M20x
Gate OPENAI_USDT0.0000%8h1,627.9−0.186%$48.4M$13.9M50xas long as short
Bitget OPENAIUSDT0.0000%8h1,631.4+0.025%$5.4M$3.7M20xas long as short
SunX OPENAI-USDT0.0000%8h1,631.4+0.026%$1.8M10xas long as short
Deribit OPENAI_USDC-PERPETUAL0.0000%1h1,630−0.062%$3K$3K5xas long as short
HTX OPENAI-USDTlong0.0000%8h1,631long leg$79K$224K20x
Phemex OPENAIUSDT0.0000%8h1,630.5−0.029%$1.6M$501K10xas long as short
Show all 22 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH OPENAI+0.0032%1h1,678.9+2.936%$2.8M$6.3M5xas long as short
Extended OPENAI-USD+0.0048%1h1,630.5−0.028%$143K$808K10xas long as short
Aster OPENAIUSDT+0.0050%8h1,633.3+0.142%$213K$3K20xas long as short
Binance OPENAIUSDT+0.0050%8h1,631.1+0.005%$23.0M$16.9M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,633.1+0.131%$6.7M$2.5M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,633.6+0.161%$377K$195K20xas long as short
Variational Omni OPENAI+0.0050%8h1,631.3+0.023%$2.6M$770Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,630.4−0.034%$2K$169K10xas long as short
BloFin OPENAI-USDT+0.0062%8h1,630.9−0.004%$481K$316K20xas long as short
Aevo OPENAI-PERP+0.0104%1h1,630.3−0.042%10xas long as short
Entropy io:OAI+0.0168%1h1,671.1+2.460%$7.6M$2.4M6xas long as short
Coinbase International OPENAI-PERP-INTX+0.0720%1h1,633.5+0.152%$230K$175K5xas long as short