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: OKX against Variational Omni+1.718%7-day average +2.033% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.050%−$5 on $10k
+Price spread, last 7 days+0.259%+$26 · spread now +1.718%, 7d avg +2.033%
=Together, before fees+0.209%+ Points / potential airdropVariational Omni: Active · farm board+$21 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 OKX is 0.314% cheaper against Variational Omni than usual: you would sell low and buy high (−$31 if the spread goes back to its 7-day average of +2.033%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni OPENAI | 1,617.3 | 0.0050 | pay 0.0050% / 8h | 2m 37s | $2.6M | $760K | — |
| Short | OKX OPENAI-USDT-SWAP | 1,645.1 | 0 | get 0.0000% / 8h | 2m 37s | $5.1M | $1.3M | 20x |
Variational Omni OPENAI
OKX OPENAI-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +1.718% → +2.033%
- −$31.44
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$51.94
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; OKX: live order book, 5 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 | 1.86 bp | doesn't fit | 103.9 bp −$1,039 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 1.82 bp | 49.1 bp −$49 | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX OPENAI-USD | −0.0005% | 1h | 1,618.5 | +0.073% | $1.2M | $629K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,707.2 | +5.555% | $1.4M | $269K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,657.5 | +2.483% | $736K | $269K | 25x | as long as short |
| OKX OPENAI-USDT-SWAPshort | 0.0000% | 8h | 1,645.1 | +1.718% | $5.1M | $1.3M | 20x | |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,617.5 | +0.012% | $45.6M | $14.1M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,619.5 | +0.133% | $5.3M | $4.5M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,619.1 | +0.111% | — | $2.4M | 10x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,617.9 | +0.034% | $79K | $225K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,618.5 | +0.071% | $1.6M | $501K | 10x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,674.4 | +3.527% | $2.7M | $6.3M | 5x | as long as short |
QFEX OPENAI-USD
Lighter OPENAI
Bybit OPENAIUSDT
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
HTX OPENAI-USDT
Phemex OPENAIUSDT
Lighter RH OPENAIShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended OPENAI-USD | +0.0048% | 1h | 1,618.1 | +0.050% | $142K | $803K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,621 | +0.227% | $211K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,618.5 | +0.073% | $22.9M | $16.7M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,617.6 | +0.018% | $6.6M | $5.0M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,618.6 | +0.077% | $373K | $76K | 20x | as long as short |
| Variational Omni OPENAIlong | +0.0050% | 8h | 1,617.3 | long leg | $2.6M | $760K | — | |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,616.6 | −0.044% | $2K | $176K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0057% | 8h | 1,618 | +0.039% | $475K | $295K | 20x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0072% | 1h | 1,623.7 | +0.397% | $235K | $174K | 5x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,618.4 | +0.067% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0124% | 1h | 1,665.1 | +2.955% | $7.6M | $2.3M | 6x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | +0.0206% | 1h | 1,619.4 | +0.130% | — | $3 | 5x | as long as short |
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
GRVT OPENAI_USDT_Perp
BloFin OPENAI-USDT
Coinbase International OPENAI-PERP-INTX
Aevo OPENAI-PERP
Entropy io:OAI
Deribit OPENAI_USDC-PERPETUAL