After costs, if the gap returns to its 7d average, $10k−$568
spread now−0.011%7d average−0.142%fees + slippage, in and out−$581spread needed5.814%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster OPENAIUSDT | 1,546.4 | 0.0050 | pay 0.0050% / 8h | 1h 29m | $199K | $15 | 20x |
| Short | Phemex OPENAIUSDT | 1,546.2 | 0 | get 0.0000% / 8h | 1h 29m | $1.6M | $580K | 10x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$1.1
- Funding while held
- −$1.5
- Slippage, 4 orders
- −$561.4
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$583.99
- Spread needed to break even
- 5.814%
Slippage from Aster: live order book, 23 min ago; Phemex: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0050%
- Per $10,000 a day
- −$1.50
- Average in range /8h
- —
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 Aster live order book, 23 min ago | 34.23 bp | 354.7 bp −$355 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 5 min ago | 5.21 bp | 72.4 bp −$72 | doesn't fit | doesn't fit | doesn't fit |
OPENAI price on every exchange
against the cheapest. Click to use as the short leg.OPENAI on 21 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate OPENAI_USDT | −0.158% | 0.0000% | 8h | $49.9M | $67.9M | 50x | as long as short |
| Extended OPENAI-USD | −0.033% | +0.0048% | 1h | $132K | $650K | 10x | as long as short |
| Aevo OPENAI-PERP | −0.026% | +0.0104% | 1h | — | — | 10x | as long as short |
| Phemex OPENAIUSDTshort | −0.011% | 0.0000% | 8h | $1.6M | $580K | 10x | |
| QFEX OPENAI-USD | −0.005% | −0.0005% | 1h | $1.2M | $408K | 10x | as long as short |
| Aster OPENAIUSDTlong | 0.000% | +0.0050% | 8h | $199K | $15 | 20x | |
| Binance OPENAIUSDT | +0.006% | +0.0050% | 8h | $22.9M | $15.3M | 20x | as long as short |
| Variational Omni OPENAI | +0.010% | +0.0050% | 8h | $2.5M | $185K | — | as long as short |
| HTX OPENAI-USDT | +0.012% | −0.2770% | 8h | $76K | $184K | 20x | as long as short |
| MEXC OPENAI_USDT | +0.015% | +0.0050% | 8h | $12.3M | $2.8M | 50x | as long as short |
Show all 21 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit OPENAI_USDC-PERPETUAL | +0.016% | 0.0000% | 1h | $2 | $2 | 5x | as long as short |
| BloFin OPENAI-USDT | +0.030% | +0.0064% | 8h | $466K | $208K | 20x | as long as short |
| SunX OPENAI-USDT | +0.358% | 0.0000% | 8h | — | $2.4M | 10x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.492% | +0.0792% | 1h | $255K | $75K | 5x | as long as short |
| Bitget OPENAIUSDT | +0.600% | 0.0000% | 8h | $4.6M | $4.3M | 20x | as long as short |
| KuCoin OPENAIUSDTM | +0.614% | +0.0050% | 8h | $357K | $57K | 20x | as long as short |
| OKX OPENAI-USDT-SWAP | +2.084% | 0.0000% | 8h | $4.9M | $719K | 20x | as long as short |
| Bybit OPENAIUSDT | +3.363% | 0.0000% | 8h | $792K | $109K | 25x | as long as short |
| Entropy io:OAI | +5.234% | +0.0282% | 1h | $7.6M | $746K | 6x | as long as short |
| Lighter RH OPENAI | +5.552% | +0.0032% | 1h | $3.1M | $4.7M | 5x | as long as short |
| Lighter OPENAI | +7.699% | 0.0000% | 1h | $1.4M | $187K | 5x | as long as short |
Aster OPENAIUSDT
Phemex OPENAIUSDT
Gate
Extended
Binance
Variational Omni
HTX
MEXC
Deribit
BloFin
SunX
Coinbase International
Bitget
KuCoin
OKX
Bybit
Lighter RH
Lighter