Funding arb · Price arb /

OPENAI

RWAall OPENAI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0054%/8h= −5.9% APRpaid last 24h —

Price spread now: Aster against Aevo+0.157%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.157% dearer against Aevo than usual: you sell high and buy low (spread +0.157% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 9.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo OPENAI-PERP	1,616.3	0.0104	pay 0.0013% / 1h	12m 51s	—	—	10x
Short	Aster OPENAIUSDT	1,618.8	0.0050	get 0.0050% / 8h	12m 51s	$211K	$3K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Aevo. 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 AevobpFee AsterbpOrdersPrice spread, now +0.157%Rate

Funding earned: −$11.34
Price spread: +0.157% → 0.000%: $15.7
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Aster: 4 bp × 2 orders: −$8
Net: −$19.64
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Aster: live order book, 24 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 Aevo no order-book sample	—	—	—	—	—
Sell Aster live order book, 24 min ago	31.65 bp	77.4 bp −$77	doesn't fit	doesn't fit	doesn't fit

Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	1,616.2	−0.006%	$1.2M	$626K	10x	as long as short
Lighter OPENAI	0.0000%	1h	1,705.1	+5.495%	$1.4M	$269K	5x	as long as short
Bybit OPENAIUSDT	0.0000%	8h	1,655.6	+2.432%	$736K	$266K	25x	as long as short
OKX OPENAI-USDT-SWAP	0.0000%	8h	1,641.1	+1.537%	$5.1M	$1.3M	20x	as long as short
Gate OPENAI_USDT	0.0000%	8h	1,613.7	−0.160%	$45.4M	$14.0M	50x	as long as short
Bitget OPENAIUSDT	0.0000%	8h	1,616.7	+0.026%	$5.3M	$4.5M	20x	as long as short
SunX OPENAI-USDT	0.0000%	8h	1,616.7	+0.028%	—	$2.4M	10x	as long as short
Deribit OPENAI_USDC-PERPETUAL	0.0000%	1h	1,616.5	+0.018%	—	$3	5x	as long as short
HTX OPENAI-USDT	0.0000%	8h	1,616.3	+0.001%	$79K	$225K	20x	as long as short
Phemex OPENAIUSDT	0.0000%	8h	1,615.7	−0.033%	$1.6M	$502K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH OPENAI	+0.0032%	1h	1,671.8	+3.439%	$2.7M	$6.2M	5x	as long as short
BloFin OPENAI-USDT	+0.0037%	8h	1,615.6	−0.043%	$475K	$294K	20x	as long as short
Extended OPENAI-USD	+0.0048%	1h	1,615.5	−0.046%	$142K	$806K	10x	as long as short
Aster OPENAIUSDTshort	+0.0050%	8h	1,618.8	+0.157%	$211K	$3K	20x
Binance OPENAIUSDT	+0.0050%	8h	1,615.8	−0.028%	$22.8M	$16.6M	20x	as long as short
MEXC OPENAI_USDT	+0.0050%	8h	1,615.8	−0.029%	$6.6M	$5.0M	50x	as long as short
KuCoin OPENAIUSDTM	+0.0050%	8h	1,616.9	+0.038%	$372K	$71K	20x	as long as short
Variational Omni OPENAI	+0.0050%	8h	1,616.2	−0.006%	$2.6M	$760K	—	as long as short
GRVT OPENAI_USDT_Perp	+0.0050%	8h	1,616.3	+0.003%	$2K	$176K	10x	as long as short
Coinbase International OPENAI-PERP-INTX	+0.0072%	1h	1,623.7	+0.463%	$235K	$174K	5x	as long as short
Aevo OPENAI-PERPlong	+0.0104%	1h	1,616.3	long leg	—	—	10x
Entropy io:OAI	+0.0121%	1h	1,665.2	+3.029%	$7.6M	$2.3M	6x	as long as short