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

OPENAI

RWAall OPENAI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.188%
Price spread now: HTX against QFEX+0.034%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$540.537% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.184%−$18 on $10k
Price spread, last 4 days (all we have)+0.087%+$9 · spread now +0.034%, 7d avg −0.010%
Together, before fees−0.097%−$10 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: HTX is 0.044% dearer against QFEX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX OPENAI-USD1,622.90.0000pay 0.0000% / 1h25m 33s$1.2M$475K10x
ShortHTX OPENAI-USDT1,623.40get 0.0000% / 8h5h 25m$79K$216K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against QFEX. 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
−$0.05
Price spread: +0.034% → −0.010%
$4.36
Slippage, 4 orders
−$31.67
Fee QFEX: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$49.36
Costs to cover
0.537%
Break-even
never at this rate
Slippage from QFEX: live order book, 1 min ago; HTX: live order book, 36 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 QFEX live order book, 1 min ago2.99 bp9.0 bp −$920.2 bp −$202doesn't fitdoesn't fit
Sell HTX live order book, 36 min ago3.11 bp17.7 bp −$1832.8 bp −$328doesn'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%1h1,622.5−0.025%$225K$159K5xas long as short
Lighter OPENAI0.0000%1h1,708.3+5.264%$1.4M$269K5xas long as short
Bybit OPENAIUSDT0.0000%8h1,664.6+2.571%$761K$204K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,651+1.732%$5.1M$1.3M20xas long as short
Gate OPENAI_USDT0.0000%8h1,619.5−0.210%$52.4M$28.7M50xas long as short
Bitget OPENAIUSDT0.0000%8h1,624.2+0.079%$5.5M$5.1M20xas long as short
SunX OPENAI-USDT0.0000%8h1,623.9+0.062%$2.4M10xas long as short
HTX OPENAI-USDTshort0.0000%8h1,623.4+0.034%$79K$216K20x
Phemex OPENAIUSDT0.0000%8h1,623.1+0.012%$1.6M$543K10xas long as short
QFEX OPENAI-USDlong0.0000%1h1,622.9long leg$1.2M$475K10x
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin OPENAI-USDT+0.0029%8h1,622.9−0.001%$476K$276K20xas long as short
Lighter RH OPENAI+0.0032%1h1,675.2+3.220%$2.7M$6.2M5xas long as short
Deribit OPENAI_USDC-PERPETUAL+0.0035%1h1,624.9+0.123%$35xas long as short
Extended OPENAI-USD+0.0048%1h1,622.6−0.020%$135K$722K10xas long as short
Aster OPENAIUSDT+0.0050%8h1,629.3+0.398%$212K$3K20xas long as short
Binance OPENAIUSDT+0.0050%8h1,623+0.007%$22.9M$17.8M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,622.9−0.001%$13.0M$3.2M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,624.6+0.104%$374K$71K20xas long as short
Variational Omni OPENAI+0.0050%8h1,622.5−0.022%$2.6M$754Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,622.3−0.036%$2K$140K10xas long as short
Aevo OPENAI-PERP+0.0104%1h1,622.3−0.034%10xas long as short
Entropy io:OAI+0.0145%1h1,667.1+2.724%$7.4M$2.1M6xas long as short