Settings8H · net · $10k
Funding arb · Price arb /

OPENAI

RWAall OPENAI markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0102%/8h= +11.1% APRpaid last 24h +0.048%
Price spread now: Entropy against Aster+3.186%7-day average +4.267% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.490%+$49 on $10k
Price spread, last 4 days (all we have)+2.232%+$223 · spread now +3.186%, 7d avg +4.267%
Together, before fees+2.722%+ Points / potential airdropAster: Stage 5 · farm board+$272 on $10k · with fees, hour by hour
Funding pays, the price is against you. Entropy is 1.081% cheaper against Aster than usual: you would sell low and buy high (spread +3.186% now, against its 7-day average of +4.267%). If the spread goes back, that is −$108 on $10k: about 35 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.490% in total) that is about 15 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster OPENAIUSDT1,618.40.0050pay 0.0050% / 8h1h 14m$211K$3K20x
ShortEntropy io:OAI1,6700.0152get 0.0019% / 1h14m 10s$7.7M$2.3M6x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Entropy against Aster. 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

Funding earned
$21.37
Price spread: +3.186% → +4.267%
−$108.11
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Entropy: 9 bp × 2 orders
−$18
Net
−$112.74
Costs to cover
0.260%
Break-even
43.9 days
Slippage unknown: Aster: live order book, 27 min ago; Entropy: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 27 min ago39.60 bp333.5 bp −$333doesn't fitdoesn't fitdoesn't fit
Sell Entropy live order book, 3 min ago3.29 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

OPENAI on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit OPENAI_USDC-PERPETUAL−0.0568%1h1,616.9−0.098%$35xas long as short
QFEX OPENAI-USD−0.0002%1h1,615.2−0.198%$1.2M$618K10xas long as short
Lighter OPENAI0.0000%1h1,711.6+5.759%$1.4M$266K5xas long as short
Bybit OPENAIUSDT0.0000%8h1,658.6+2.479%$753K$205K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,647+1.765%$5.1M$1.3M20xas long as short
Gate OPENAI_USDT0.0000%8h1,613−0.334%$44.7M$18.4M50xas long as short
Bitget OPENAIUSDT0.0000%8h1,617.1−0.083%$5.4M$4.7M20xas long as short
SunX OPENAI-USDT0.0000%8h1,617.3−0.070%$2.4M10xas long as short
HTX OPENAI-USDT0.0000%8h1,615.5−0.179%$79K$227K20xas long as short
Phemex OPENAIUSDT0.0000%8h1,615.5−0.185%$1.6M$512K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH OPENAI+0.0032%1h1,678.4+3.704%$2.7M$6.1M5xas long as short
Coinbase International OPENAI-PERP-INTX+0.0040%1h1,624.3+0.363%$226K$162K5xas long as short
Extended OPENAI-USD+0.0048%1h1,615.5−0.181%$141K$586K10xas long as short
Aster OPENAIUSDTlong+0.0050%8h1,618.4long leg$211K$3K20x
Binance OPENAIUSDT+0.0050%8h1,615.9−0.155%$22.8M$17.7M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,621.1+0.164%$7.9M$4.9M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,623+0.282%$373K$70K20xas long as short
Variational Omni OPENAI+0.0050%8h1,616.7−0.105%$2.6M$757Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,620.9+0.150%$2K$179K10xas long as short
BloFin OPENAI-USDT+0.0056%8h1,615.9−0.159%$471K$296K20xas long as short
Aevo OPENAI-PERP+0.0104%1h1,615.5−0.180%10xas long as short
Entropy io:OAIshort+0.0152%1h1,670+3.186%$7.7M$2.3M6x