Funding arb · Price arb /

OPENAI

RWAall OPENAI markets

Swap Backtest

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: Aster against Variational Omni+0.428%7-day average +0.155% · you sell dearer than you buy

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

Long on Variational Omni Short on Aster

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.470%−$47 · spread now +0.428%, 7d avg +0.155%

Together, before fees−0.470%+ Points / potential airdropVariational Omni: Active · Aster: Stage 5 · farm board−$47 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: Aster is 0.273% dearer against Variational Omni than usual: you sell high and buy low, +$27 on $10k if it goes back to its 7-day average of +0.155%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni OPENAI	1,628.8	0.0050	pay 0.0050% / 8h	7h 27m	$2.6M	$753K	—
Short	Aster OPENAIUSDT	1,635.8	0.0050	get 0.0050% / 8h	7h 27m	$213K	$3K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Variational Omni. 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

Position, each leg$Hold fordaysFee Variational OmnibpFee AsterbpOrdersPrice spread, now +0.428%Rate

Funding earned: $0
Price spread: +0.428% → +0.155%: $27.27
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Aster: 4 bp × 2 orders: −$8
Net: $19.27
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Aster: live order book, 44 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 Variational Omni RFQ quote, 2 min ago	3.81 bp	doesn't fit	93.9 bp −$939	doesn't fit	doesn't fit
Sell Aster live order book, 44 min ago	34.76 bp	76.2 bp −$76	doesn't fit	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
Coinbase International OPENAI-PERP-INTX	−0.0024%	1h	1,630.5	+0.106%	$229K	$147K	5x	as long as short
QFEX OPENAI-USD	0.0000%	1h	1,629.4	+0.034%	$1.2M	$416K	10x	as long as short
Lighter OPENAI	0.0000%	1h	1,711.8	+5.097%	$1.4M	$283K	5x	as long as short
Bybit OPENAIUSDT	0.0000%	8h	1,671.9	+2.646%	$769K	$207K	25x	as long as short
OKX OPENAI-USDT-SWAP	0.0000%	8h	1,660.1	+1.922%	$5.1M	$1.3M	20x	as long as short
Gate OPENAI_USDT	0.0000%	8h	1,626.9	−0.120%	$52.7M	$39.2M	50x	as long as short
Bitget OPENAIUSDT	0.0000%	8h	1,630	+0.071%	$5.5M	$5.1M	20x	as long as short
SunX OPENAI-USDT	0.0000%	8h	1,629.1	+0.019%	—	$2.6M	10x	as long as short
Deribit OPENAI_USDC-PERPETUAL	0.0000%	1h	1,629.2	+0.025%	—	$3	5x	as long as short
HTX OPENAI-USDT	0.0000%	8h	1,630.3	+0.093%	$79K	$214K	20x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex OPENAIUSDT	0.0000%	8h	1,629.4	+0.036%	$1.6M	$560K	10x	as long as short
Lighter RH OPENAI	+0.0032%	1h	1,683.9	+3.384%	$2.7M	$6.3M	5x	as long as short
Extended OPENAI-USD	+0.0048%	1h	1,629	+0.012%	$133K	$907K	10x	as long as short
Aster OPENAIUSDTshort	+0.0050%	8h	1,635.8	+0.428%	$213K	$3K	20x
Binance OPENAIUSDT	+0.0050%	8h	1,629.5	+0.042%	$23.1M	$18.9M	20x	as long as short
MEXC OPENAI_USDT	+0.0050%	8h	1,629.7	+0.053%	$13.1M	$3.2M	50x	as long as short
KuCoin OPENAIUSDTM	+0.0050%	8h	1,637.1	+0.509%	$379K	$65K	20x	as long as short
Variational Omni OPENAIlong	+0.0050%	8h	1,628.8	long leg	$2.6M	$753K	—
GRVT OPENAI_USDT_Perp	+0.0050%	8h	1,627.7	−0.068%	$2K	$138K	10x	as long as short
BloFin OPENAI-USDT	+0.0052%	8h	1,628.8	0.000%	$474K	$279K	20x	as long as short
Aevo OPENAI-PERP	+0.0104%	1h	1,629.2	+0.022%	—	—	10x	as long as short
Entropy io:OAI	+0.0111%	1h	1,675	+2.837%	$7.4M	$2.2M	6x	as long as short