OPENAI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h +0.015%

Price spread now: Variational Omni against Phemex+0.082%7-day average −0.023% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Phemex Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.050%+$5 on $10k

Price spread, last 4 days (all we have)−0.249%−$25 · spread now +0.082%, 7d avg −0.023%

Together, before fees−0.199%+ Points / potential airdropVariational Omni: Active · farm board−$20 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Variational Omni is 0.105% dearer against Phemex than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.023%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex OPENAIUSDT	1,617.7	0	get 0.0000% / 8h	1h 51m	$1.6M	$514K	10x
Short	Variational Omni OPENAI	1,619	0.0050	get 0.0050% / 8h	1h 51m	$2.6M	$757K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Phemex. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee PhemexbpFee Variational OmnibpOrdersPrice spread, now +0.082%Rate

Funding earned: $10.5
Price spread: +0.082% → −0.023%: $10.51
Slippage, 4 orders: no order book: not counted
Fee Phemex: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $9.01
Costs to cover: 0.120%
Break-even: 1.0 days

Slippage unknown: Phemex: live order book, 2 min ago; Variational Omni: RFQ quote, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Phemex live order book, 2 min ago	1.11 bp	61.4 bp −$61	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 3 min ago	2.63 bp	doesn't fit	49.2 bp −$492	doesn't fit	doesn't fit

OPENAI on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX OPENAI-USD	−0.0002%	1h	1,618	+0.022%	$1.2M	$612K	10x	as long as short
Lighter OPENAI	0.0000%	1h	1,712.5	+5.862%	$1.4M	$264K	5x	as long as short
Bybit OPENAIUSDT	0.0000%	8h	1,659.4	+2.581%	$753K	$205K	25x	as long as short
OKX OPENAI-USDT-SWAP	0.0000%	8h	1,646.3	+1.770%	$5.1M	$1.3M	20x	as long as short
Gate OPENAI_USDT	0.0000%	8h	1,615.1	−0.160%	$52.3M	$18.0M	50x	as long as short
Bitget OPENAIUSDT	0.0000%	8h	1,619.1	+0.089%	$5.4M	$4.7M	20x	as long as short
SunX OPENAI-USDT	0.0000%	8h	1,618.8	+0.070%	—	$2.4M	10x	as long as short
Deribit OPENAI_USDC-PERPETUAL	0.0000%	1h	1,618.9	+0.073%	—	$3	5x	as long as short
HTX OPENAI-USDT	0.0000%	8h	1,618.7	+0.062%	$79K	$226K	20x	as long as short
Phemex OPENAIUSDTlong	0.0000%	8h	1,617.7	long leg	$1.6M	$514K	10x

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin OPENAI-USDT	+0.0025%	8h	1,619.2	+0.091%	$472K	$290K	20x	as long as short
Lighter RH OPENAI	+0.0032%	1h	1,679.5	+3.822%	$2.7M	$6.0M	5x	as long as short
Coinbase International OPENAI-PERP-INTX	+0.0040%	1h	1,625	+0.456%	$226K	$162K	5x	as long as short
Extended OPENAI-USD	+0.0048%	1h	1,618.1	+0.024%	$141K	$895K	10x	as long as short
Aster OPENAIUSDT	+0.0050%	8h	1,621.6	+0.244%	$211K	$3K	20x	as long as short
Binance OPENAIUSDT	+0.0050%	8h	1,618.5	+0.051%	$22.8M	$17.3M	20x	as long as short
MEXC OPENAI_USDT	+0.0050%	8h	1,618.4	+0.046%	$13.0M	$3.1M	50x	as long as short
KuCoin OPENAIUSDTM	+0.0050%	8h	1,620.5	+0.174%	$372K	$69K	20x	as long as short
Variational Omni OPENAIshort	+0.0050%	8h	1,619	+0.082%	$2.6M	$757K	—
GRVT OPENAI_USDT_Perp	+0.0050%	8h	1,619.3	+0.098%	$2K	$175K	10x	as long as short
Aevo OPENAI-PERP	+0.0104%	1h	1,618	+0.019%	—	—	10x	as long as short
Entropy io:OAI	+0.0140%	1h	1,670.3	+3.253%	$7.7M	$2.3M	6x	as long as short