Funding you earn now, next payment 02:00 UTC−0.0154%/8h= −16.9% APRpaid last 24h +0.236%
Price spread now: Coinbase International against Variational Omni−0.091%7-day average +0.490% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.654%+$65 on $10k
+Price spread, last 4 days (all we have)+0.987%+$99 · spread now −0.091%, 7d avg +0.490%
=Together, before fees+1.641%+ Points / potential airdropVariational Omni: Active · farm board+$164 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Coinbase International is 0.582% cheaper against Variational Omni than usual: you would sell low and buy high (−$58 if the spread goes back to its 7-day average of +0.490%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.654%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni OPENAI | 1,624 | 0.0050 | pay 0.0050% / 8h | 5h 26m | $2.6M | $754K | — |
| Short | Coinbase International OPENAI-PERP-INTX | 1,622.5 | −0.0104 | pay 0.0013% / 1h | 26m 41s | $225K | $159K | 5x |
Variational Omni OPENAI
Coinbase International OPENAI-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$32.34
- Price spread: −0.091% → +0.490%
- −$58.15
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$100.49
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Coinbase International: live order book, 36 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 | 3.42 bp | doesn't fit | 82.7 bp −$827 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 36 min ago | 5.85 bp | 13.0 bp −$13 | 42.0 bp −$420 | 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-INTXshort | −0.0104% | 1h | 1,622.5 | −0.091% | $225K | $159K | 5x | |
| Lighter OPENAI | 0.0000% | 1h | 1,708.5 | +5.204% | $1.4M | $269K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,664.4 | +2.491% | $761K | $204K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,651 | +1.664% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,619.4 | −0.283% | $52.4M | $28.7M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,624.5 | +0.031% | $5.5M | $5.1M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,623.5 | −0.029% | — | $2.4M | 10x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,623.4 | −0.033% | $78K | $216K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,622.8 | −0.070% | $1.6M | $543K | 10x | as long as short |
| QFEX OPENAI-USD | 0.0000% | 1h | 1,622.6 | −0.084% | $1.2M | $474K | 10x | as long as short |
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
HTX OPENAI-USDT
Phemex OPENAIUSDT
QFEX OPENAI-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin OPENAI-USDT | +0.0029% | 8h | 1,622.9 | −0.068% | $476K | $276K | 20x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,675.3 | +3.161% | $2.7M | $6.2M | 5x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | +0.0047% | 1h | 1,624.8 | +0.053% | — | $3 | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,622.2 | −0.107% | $135K | $722K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,628.8 | +0.298% | $212K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,622.7 | −0.076% | $22.9M | $17.8M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,622.8 | −0.073% | $13.0M | $3.2M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,624.3 | +0.021% | $374K | $71K | 20x | as long as short |
| Variational Omni OPENAIlong | +0.0050% | 8h | 1,624 | long leg | $2.6M | $754K | — | |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,622.3 | −0.104% | $2K | $140K | 10x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,622.2 | −0.110% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0144% | 1h | 1,667.1 | +2.656% | $7.4M | $2.1M | 6x | as long as short |
BloFin OPENAI-USDT
Lighter RH OPENAI
Deribit OPENAI_USDC-PERPETUAL
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
GRVT OPENAI_USDT_Perp
Aevo OPENAI-PERP
Entropy io:OAI