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 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against OKX−1.902%7-day average −2.174% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$1031.032% of the position
Long on OKXShort on Gate
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days−0.341%−$34 · spread now −1.902%, 7d avg −2.174%
Together, before fees−0.341%−$34 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: Gate is 0.272% dearer against OKX than usual: you sell high and buy low, +$27 on $10k if it goes back to its 7-day average of −2.174%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX OPENAI-USDT-SWAP1,649.50get 0.0000% / 8h5h 01m$5.1M$1.3M20x
ShortGate OPENAI_USDT1,618.10get 0.0000% / 8h5h 01m$52.3M$28.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against OKX. 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: −1.902% → −2.174%
$27.17
Slippage, 4 orders
−$78.21
Fee OKX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$76.04
Costs to cover
1.032%
Break-even
never at this rate
Slippage from OKX: live order book, 1 min ago; Gate: live order book, 2 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 OKX live order book, 1 min ago0.30 bp26.8 bp −$27doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 2 min ago1.79 bp14.4 bp −$14404.7 bp −$4,047doesn'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
Coinbase International OPENAI-PERP-INTX−0.0104%1h1,627−1.366%$225K$158K5xas long as short
Lighter OPENAI0.0000%1h1,707.2+3.497%$1.4M$269K5xas long as short
Bybit OPENAIUSDT0.0000%8h1,662.1+0.764%$758K$207K25xas long as short
OKX OPENAI-USDT-SWAPlong0.0000%8h1,649.5long leg$5.1M$1.3M20x
Gate OPENAI_USDTshort0.0000%8h1,618.1−1.902%$52.3M$28.8M50x
Bitget OPENAIUSDT0.0000%8h1,623−1.605%$5.5M$5.1M20xas long as short
SunX OPENAI-USDT0.0000%8h1,622.5−1.637%—$2.4M10xas long as short
Deribit OPENAI_USDC-PERPETUAL0.0000%1h1,621.2−1.717%—$35xas long as short
HTX OPENAI-USDT0.0000%8h1,622.3−1.649%$79K$217K20xas long as short
Phemex OPENAIUSDT0.0000%8h1,621.4−1.705%$1.6M$544K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX OPENAI-USD0.0000%1h1,621.1−1.723%$1.2M$491K10xas long as short
Lighter RH OPENAI+0.0032%1h1,674.3+1.502%$2.7M$6.2M5xas long as short
Extended OPENAI-USD+0.0048%1h1,621−1.729%$141K$737K10xas long as short
Aster OPENAIUSDT+0.0050%8h1,626.7−1.380%$212K$3K20xas long as short
Binance OPENAIUSDT+0.0050%8h1,621.4−1.703%$22.9M$17.8M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,621.6−1.693%$13.0M$3.2M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,624.6−1.511%$374K$69K20xas long as short
Variational Omni OPENAI+0.0050%8h1,622.5−1.637%$2.6M$760K—as long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,623.6−1.572%$2K$144K10xas long as short
BloFin OPENAI-USDT+0.0061%8h1,621.9−1.673%$475K$277K20xas long as short
Aevo OPENAI-PERP+0.0104%1h1,621.2−1.718%——10xas long as short
Entropy io:OAI+0.0151%1h1,667.1+1.067%$7.4M$2.1M6xas long as short