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: Gate against Variational Omni−0.274%7-day average −0.136% · 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)−0.050%−$5 on $10k
+Price spread, last 7 days+0.098%+$10 · spread now −0.274%, 7d avg −0.136%
=Together, before fees+0.048%+ Points / potential airdropVariational Omni: Active · farm board+$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.138% cheaper against Variational Omni than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.136%). Swap the legs.
| 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 29m | $2.6M | $754K | — |
| Short | Gate OPENAI_USDT | 1,619.5 | 0 | get 0.0000% / 8h | 5h 29m | $52.4M | $28.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$10.5
- Price spread: −0.274% → −0.136%
- −$13.83
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$39.33
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Gate: live order book, 4 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, 4 min ago | 3.20 bp | doesn't fit | 85.5 bp −$855 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 2.44 bp | 13.1 bp −$13 | 462.3 bp −$4,623 | 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 | −0.0104% | 1h | 1,622.5 | −0.091% | $225K | $159K | 5x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,708.6 | +5.208% | $1.4M | $269K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,664.2 | +2.475% | $761K | $204K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,650.3 | +1.621% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDTshort | 0.0000% | 8h | 1,619.5 | −0.274% | $52.4M | $28.7M | 50x | |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,623.9 | −0.003% | $5.5M | $5.1M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,624.5 | +0.033% | — | $2.4M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,623.9 | −0.007% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,622.2 | −0.109% | $78K | $216K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,621.9 | −0.125% | $1.6M | $543K | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX OPENAI-USD | 0.0000% | 1h | 1,623.6 | −0.023% | $1.2M | $471K | 10x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,676 | +3.201% | $2.7M | $6.2M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,623.4 | −0.037% | $135K | $725K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,628.2 | +0.263% | $212K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,622.9 | −0.068% | $22.9M | $17.8M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,622.7 | −0.080% | $13.0M | $3.2M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,623.3 | −0.043% | $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 | −0.106% | $2K | $139K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0069% | 8h | 1,623.3 | −0.040% | $476K | $277K | 20x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,623.2 | −0.045% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0142% | 1h | 1,667.1 | +2.656% | $7.4M | $2.1M | 6x | as long as short |
Variational Omni OPENAI
Gate OPENAI_USDT
Coinbase International OPENAI-PERP-INTX
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Bitget OPENAIUSDT
SunX OPENAI-USDT
Deribit OPENAI_USDC-PERPETUAL
HTX OPENAI-USDT
Phemex OPENAIUSDT
Lighter RH OPENAI
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
GRVT OPENAI_USDT_Perp
BloFin OPENAI-USDT