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 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Phemex−0.182%7-day average −0.175% · you buy dearer than you sell
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$1541.542% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.014%+$1 · spread now −0.182%, 7d avg −0.175%
Together, before fees+0.014%+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex OPENAIUSDT1,615.20get 0.0000% / 8h2h 24m$1.6M$522K10x
ShortGate OPENAI_USDT1,612.20get 0.0000% / 8h2h 24m$52.2M$19.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Phemex. 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: −0.182% → −0.175%
−$0.66
Slippage, 4 orders
−$127.21
Fee Phemex: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$154.87
Costs to cover
1.542%
Break-even
never at this rate
Slippage from Phemex: live order book, 3 min ago; Gate: 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 Phemex live order book, 3 min ago3.90 bp61.3 bp −$61doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 4 min ago3.14 bp12.6 bp −$13612.6 bp −$6,126doesn'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%1h1,615.3+0.006%$1.2M$604K10xas long as short
Lighter OPENAI0.0000%1h1,707.2+5.699%$1.4M$264K5xas long as short
Bybit OPENAIUSDT0.0000%8h1,657.1+2.596%$752K$205K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,642.6+1.698%$5.1M$1.3M20xas long as short
Gate OPENAI_USDTshort0.0000%8h1,612.2−0.182%$52.2M$19.7M50x
Bitget OPENAIUSDT0.0000%8h1,617.1+0.117%$5.4M$5.0M20xas long as short
SunX OPENAI-USDT0.0000%8h1,616.7+0.094%$2.4M10xas long as short
Deribit OPENAI_USDC-PERPETUAL0.0000%1h1,615.7+0.035%$35xas long as short
HTX OPENAI-USDT0.0000%8h1,614.9−0.017%$79K$222K20xas long as short
Phemex OPENAIUSDTlong0.0000%8h1,615.2long leg$1.6M$522K10x
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International OPENAI-PERP-INTX+0.0016%1h1,620.9+0.355%$226K$161K5xas long as short
Lighter RH OPENAI+0.0032%1h1,674.3+3.663%$2.6M$6.2M5xas long as short
Extended OPENAI-USD+0.0048%1h1,614.7−0.027%$142K$895K10xas long as short
Aster OPENAIUSDT+0.0050%8h1,619.4+0.259%$211K$3K20xas long as short
Binance OPENAIUSDT+0.0050%8h1,615.20.000%$22.8M$17.3M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,615.6+0.026%$13.0M$3.1M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,617.9+0.168%$373K$70K20xas long as short
Variational Omni OPENAI+0.0050%8h1,614.9−0.019%$2.6M$757Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,614.7−0.032%$2K$168K10xas long as short
BloFin OPENAI-USDT+0.0066%8h1,614.6−0.035%$471K$287K20xas long as short
Aevo OPENAI-PERP+0.0104%1h1,615.3+0.007%10xas long as short
Entropy io:OAI+0.0118%1h1,665+3.084%$7.6M$2.3M6xas long as short